Finance Bill 2018

Finance Bill 2018 was published yesterday. The Finance Bill sets out in legislation the measures announced in the Budget and also additional proposed amendments to the Taxes Acts. See attached summary from the Irish Tax Institute with the main provisions of the Finance Bill. The bill will now move through the houses of the Oireachtas where further provisions may be added or amendments made to the proposed bill. Contact DuffyTax with any queries on the Finance Bill .

Alternative to Budget Breakfast

What a great afternoon at the Bank Of Ireland Women’s Business Lunch. Great speakers and great company #budgetalternative #bankofireland #duffytax #leaninireland. Keep an eye out for the all important Finance Bill due to be published on 18/10/2018

EU & UK technical notices on Brexit

UK Brexit Secretary Dominic Raab has today announced that the UK will publish a series of technical notices advising businesses and the public on what they need to do to prepare for a no deal Brexit. The notices will be issued over the coming weeks.

The EU has already produced 68 technical notices with advice on how countries, companies and individuals should prepare for the possibility of a no deal Brexit. The Preparedness Notices are available to review at They cover a range of topics including customs and VAT proposals in the event of a no deal Brexit.

Intertrade Ireland vouchers for €2000 are available for businesses seeking to engage an approved advisor to provide initial Brexit advices. Duffy Tax as specialist tax advisors are approved Brexit advisors. If you wish to discuss the impending Brexit scenario for your business or wish to learn more about the Intertrade Ireland vouchers please contact Roisin Duffy at 087 6426464/0429385735 or

Brexit: Start to Plan Vouchers

Intertrade Ireland is offering 100% financial support up to €2000/Stg£2000 inclusive of VAT towards professional advice in relation to Brexit matters. Duffy Tax & Business Advisory Ltd have been added to the panel of service providers due to our expertise in all matters Brexit as a specialised tax consultancy firm. If you think this is of benefit to your business please contact Roisin Duffy of this office 042 9385735 /087 6426464 and we can discuss how to get started!

Dwelling House Relief

Finance Act 2017 brought some welcome changes to the Capital Acquisitions Tax Dwelling House Relief. Revenue have published an ebrief 023/18 outlining the detail of the changes. The changes confirm that there is no requirement for the house that is gifted to have been the PPR of the person making the gift. This will assist in cases where for example a parent has bought a house for an incapacitated child or where a child buys a house for her parents.

Recent Appeal Commissioners cases

There have been a number of recent Appeal Commissioners cases whereby the taxpayers have successfully challenged notices of assessment. In two cases the Appeal Commissioner has ruled that the spouse of the taxpayer is entitled to claim PAYE credit and lower rate tax band on state pension adult allowance payments. Revenue has indicated that they are appealing to the High Court but in the meantime you can make a protective claim for 2013-2016 so that in the event of the taxpayer being successful at the High Court your claim to relief is already registered with Revenue. If this affects you or your clients please contact me.