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The standard rate (23%) applies to bicycles. 
The zero rate applies to jet fuel. 
Aircraft add tons of carbon dioxide to the atmosphere on a daily basis.
Does it make sense to be subsidising polluters with a zero VAT rate?
1 VATCA 2010 s 46(1)(a)
2 VATCA 2010 Sch 2 para 4(5)
A handy 90 page pocket summary of tax rates, tables, reliefs, exemptions, and tips.
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Income tax: charge to tax – residence – income tax rates (including back years) – exemptions – Schedules – personal reliefs and tax credits – other reliefs – capital allowances – losses – …
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You can now download our Tax Guide 2018 here: Download Tax Guide 2018
The standard rate applies to biscuits covered or decorated with chocolate, e.g., chocolate mallow “tea cakes”.
The reduced rate applies to biscuits as they are flour or egg based bakery products. This include chocolate chip cookies, cream crackers and wafers.
The reduced rate applies to a biscuit assortment, if the weight of …
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TCA 1997 s 597AA provides that a chargeable gain from disposal of chargeable business assets is subject to CGT at 10%.
1. Unlike retirement relief (which provides exemption where sales proceeds do not exceed €750,000), entrepreneur relief applies where the chargeable gain does not exceed €1,000,000.
2. The assets must have been …
To the man in the street (and many professionals!) in order to become “non-resident” and thereby escape the Irish tax system, you need only spend less than 183 days in Ireland.
In order to become non-resident for tax purposes you need to satisfy two tests:
(a) You must spend less than 183 …
Undeclared foreign income – 10% or 100% penalty?
This may affect you if you or your spouse have:
A foreign bank account and have not paid tax on the funds lodged to the account or the interest earned by the account.
A foreign investment portfolio (shares or interest in a managed fund) and …