In yesterday’s Sunday Business Post, some ideas for reducing your tax bill are listed (see below).   We are available to offer you additional advice in any or all of these

Tax Saver Commuter Tickets – for employees

Rent a Room Relief – Rental income of up to €10,000 allowed tax free

Pension Contributions

Rent Relief – if you are paying rent for private rented accommodation

Medical expenses – allowable at the standard rate of 20%

Work expenses- flat-rate expenses which are allowable for certain categories of workers, medical, architects & others

Film Finance – Section 481 fax relief for financing a film

Invest in a business – EII scheme allows up to 41% tax relief for investment in SMEs

Tuition Fees – tax relief available on college education fees

Bike-to-work scheme – employees can benefit from tax relief on buying a bicycle

Mortgage interest tax relief