With many people experiencing reduced leisure time since the onset of Covid-19, we’ve seen a notable increase in the number of contractors undertaking online training and development, and other courses to make use of time to upskill or brush up on different topics. Much of this type of activity is eligible for tax relief.
Working from home during Covid-19? Here’s our overview of tax relief on home working expenses.
Increased tax savings now available for contractors availing of the Bike to Work Tax Scheme through an umbrella or personal limited company. Our Senior Solutions Advisor, Paul Skelton, explains the scheme and tax savings available.
Here’s another great benefit of contracting! Under Revenue’s rules, all contractors can claim a €500 tax free non-cash bonus each year.
In order to facilitate this, Fenero has partnered with One4All, so that all Fenero Contractors can easily avail of Revenue’s Small Benefit Exemption Scheme.
Expenses cannot generally be claimed for travel to and from the ‘normal place of work’. First time contractors in particular can get caught out by this and submit bus and train tickets – or mileage claims – in anticipation of getting tax relief. What is a Tax Saver Commuter Ticket? The Tax Saver Commuter Ticket…Read More
Did you know? Many contractors short change themselves when it comes to subsistence claims for business trips outside of Ireland? Many contractors spend time outside of Ireland to perform duties under their contract. Where a contractor employed in Ireland is obliged to travel to a foreign location to temporarily perform the duties of his/her employment…Read More