@coventuretax.bsky.social
Your tax doesn’t die with you.
A family with assets in Gibraltar and Jersey learned this when Revenue used international info-sharing to raise a six-figure bill.
Offshore isn’t invisible.
taxunwrapped.ie
#taxtips #crossbordertax #inheritance #offshoreassets #taxstrategy
A family with assets in Gibraltar and Jersey learned this when Revenue used international info-sharing to raise a six-figure bill.
Offshore isn’t invisible.
taxunwrapped.ie
#taxtips #crossbordertax #inheritance #offshoreassets #taxstrategy
November 19, 2025 at 1:40 PM
Your tax doesn’t die with you.
A family with assets in Gibraltar and Jersey learned this when Revenue used international info-sharing to raise a six-figure bill.
Offshore isn’t invisible.
taxunwrapped.ie
#taxtips #crossbordertax #inheritance #offshoreassets #taxstrategy
A family with assets in Gibraltar and Jersey learned this when Revenue used international info-sharing to raise a six-figure bill.
Offshore isn’t invisible.
taxunwrapped.ie
#taxtips #crossbordertax #inheritance #offshoreassets #taxstrategy
Revenue won a key case in 2024 - and construction is next.
Subbies will be reviewed to see if they’re employees in practice.
Dependency, control, and ongoing expectation of work will be central.
The settlement window for 2024–2025 closes in January.
taxunwrapped.ie
#taxtips #constructionireland
Subbies will be reviewed to see if they’re employees in practice.
Dependency, control, and ongoing expectation of work will be central.
The settlement window for 2024–2025 closes in January.
taxunwrapped.ie
#taxtips #constructionireland
November 18, 2025 at 12:28 PM
Revenue won a key case in 2024 - and construction is next.
Subbies will be reviewed to see if they’re employees in practice.
Dependency, control, and ongoing expectation of work will be central.
The settlement window for 2024–2025 closes in January.
taxunwrapped.ie
#taxtips #constructionireland
Subbies will be reviewed to see if they’re employees in practice.
Dependency, control, and ongoing expectation of work will be central.
The settlement window for 2024–2025 closes in January.
taxunwrapped.ie
#taxtips #constructionireland
Revenue has been gathering data on delivery drivers since the Domino’s case.
Audits start in 2026. Amnesty open until end of January — pay 2024–25 tax and avoid penalties.
If you use delivery workers, act now.
taxunwrapped.ie
#taxtips #revenueaudit #irishbusiness
Audits start in 2026. Amnesty open until end of January — pay 2024–25 tax and avoid penalties.
If you use delivery workers, act now.
taxunwrapped.ie
#taxtips #revenueaudit #irishbusiness
November 17, 2025 at 10:51 AM
Revenue has been gathering data on delivery drivers since the Domino’s case.
Audits start in 2026. Amnesty open until end of January — pay 2024–25 tax and avoid penalties.
If you use delivery workers, act now.
taxunwrapped.ie
#taxtips #revenueaudit #irishbusiness
Audits start in 2026. Amnesty open until end of January — pay 2024–25 tax and avoid penalties.
If you use delivery workers, act now.
taxunwrapped.ie
#taxtips #revenueaudit #irishbusiness
Mother caring for a child with epilepsy was denied the incapacitated child tax credit — because her daughter worked part-time.
The Tax Appeals Commission overturned it. Medical evidence matters.
taxunwrapped.ie
#taxtips #taxplanning #medicaltaxcredit #irishfamilies
The Tax Appeals Commission overturned it. Medical evidence matters.
taxunwrapped.ie
#taxtips #taxplanning #medicaltaxcredit #irishfamilies
November 14, 2025 at 11:33 AM
Mother caring for a child with epilepsy was denied the incapacitated child tax credit — because her daughter worked part-time.
The Tax Appeals Commission overturned it. Medical evidence matters.
taxunwrapped.ie
#taxtips #taxplanning #medicaltaxcredit #irishfamilies
The Tax Appeals Commission overturned it. Medical evidence matters.
taxunwrapped.ie
#taxtips #taxplanning #medicaltaxcredit #irishfamilies
Gym fees can qualify for tax relief — when they’re prescribed for treatment.
Referral + correct receipt = valid claim.
General fitness doesn’t qualify.
More at taxunwrapped.ie
#taxtips #medicalexpenses
Referral + correct receipt = valid claim.
General fitness doesn’t qualify.
More at taxunwrapped.ie
#taxtips #medicalexpenses
November 13, 2025 at 10:48 AM
Gym fees can qualify for tax relief — when they’re prescribed for treatment.
Referral + correct receipt = valid claim.
General fitness doesn’t qualify.
More at taxunwrapped.ie
#taxtips #medicalexpenses
Referral + correct receipt = valid claim.
General fitness doesn’t qualify.
More at taxunwrapped.ie
#taxtips #medicalexpenses
Ray Parlour’s 2004 divorce exposed how football clubs used offshore trusts — and it changed tax law in both the UK and Ireland. Revenue still applies those lessons today.
🔗 taxunwrapped.ie
#taxplanning #offshoretrusts #taxtips #irishlaw
🔗 taxunwrapped.ie
#taxplanning #offshoretrusts #taxtips #irishlaw
November 11, 2025 at 10:38 AM
Ray Parlour’s 2004 divorce exposed how football clubs used offshore trusts — and it changed tax law in both the UK and Ireland. Revenue still applies those lessons today.
🔗 taxunwrapped.ie
#taxplanning #offshoretrusts #taxtips #irishlaw
🔗 taxunwrapped.ie
#taxplanning #offshoretrusts #taxtips #irishlaw
Growth shares let family companies pass wealth tax-efficiently.
Freeze today’s value, shift future upside to your children, and avoid large gift tax.
We advise and implement.
taxunwrapped.ie
#taxstrategy #successionplanning #growthshares #irishbusiness #inheritancetax
Freeze today’s value, shift future upside to your children, and avoid large gift tax.
We advise and implement.
taxunwrapped.ie
#taxstrategy #successionplanning #growthshares #irishbusiness #inheritancetax
November 10, 2025 at 1:17 PM
Growth shares let family companies pass wealth tax-efficiently.
Freeze today’s value, shift future upside to your children, and avoid large gift tax.
We advise and implement.
taxunwrapped.ie
#taxstrategy #successionplanning #growthshares #irishbusiness #inheritancetax
Freeze today’s value, shift future upside to your children, and avoid large gift tax.
We advise and implement.
taxunwrapped.ie
#taxstrategy #successionplanning #growthshares #irishbusiness #inheritancetax
Lived abroad and rented your Irish home?
You might still sell it tax-free under Principal Private Residence Relief.
Plan it right before you sell.
🔗 taxunwrapped.ie
#taxtips #taxstrategy #CGTIreland #expatfinance #irishproperty
You might still sell it tax-free under Principal Private Residence Relief.
Plan it right before you sell.
🔗 taxunwrapped.ie
#taxtips #taxstrategy #CGTIreland #expatfinance #irishproperty
November 7, 2025 at 1:11 PM
Lived abroad and rented your Irish home?
You might still sell it tax-free under Principal Private Residence Relief.
Plan it right before you sell.
🔗 taxunwrapped.ie
#taxtips #taxstrategy #CGTIreland #expatfinance #irishproperty
You might still sell it tax-free under Principal Private Residence Relief.
Plan it right before you sell.
🔗 taxunwrapped.ie
#taxtips #taxstrategy #CGTIreland #expatfinance #irishproperty
The Single Person Child Carer Credit is worth €1,900 - but only one parent can claim it.
Usually the one receiving Child Benefit.
It can be transferred if the other parent has the child for 100+ days a year.
Get advice before filing - taxunwrapped.ie
#taxtips #taxplanning #familylaw
Usually the one receiving Child Benefit.
It can be transferred if the other parent has the child for 100+ days a year.
Get advice before filing - taxunwrapped.ie
#taxtips #taxplanning #familylaw
November 5, 2025 at 11:29 AM
The Single Person Child Carer Credit is worth €1,900 - but only one parent can claim it.
Usually the one receiving Child Benefit.
It can be transferred if the other parent has the child for 100+ days a year.
Get advice before filing - taxunwrapped.ie
#taxtips #taxplanning #familylaw
Usually the one receiving Child Benefit.
It can be transferred if the other parent has the child for 100+ days a year.
Get advice before filing - taxunwrapped.ie
#taxtips #taxplanning #familylaw
Free cash from Revenue.
Flat Rate Expenses refunds apply to 200+ jobs - no receipts needed.
Back-claim 4 years.
Check the list here:-
https://drive.google.com/file/d/1d-GyfLZUNf6xEXgcPg8bIujcXGK4lhVs/view?usp=drive_link
Flat Rate Expenses refunds apply to 200+ jobs - no receipts needed.
Back-claim 4 years.
Check the list here:-
https://drive.google.com/file/d/1d-GyfLZUNf6xEXgcPg8bIujcXGK4lhVs/view?usp=drive_link
November 4, 2025 at 1:31 PM
Free cash from Revenue.
Flat Rate Expenses refunds apply to 200+ jobs - no receipts needed.
Back-claim 4 years.
Check the list here:-
https://drive.google.com/file/d/1d-GyfLZUNf6xEXgcPg8bIujcXGK4lhVs/view?usp=drive_link
Flat Rate Expenses refunds apply to 200+ jobs - no receipts needed.
Back-claim 4 years.
Check the list here:-
https://drive.google.com/file/d/1d-GyfLZUNf6xEXgcPg8bIujcXGK4lhVs/view?usp=drive_link
Protected structure? That’s a planning label — not a tax relief.
For heritage property relief, a house must be of national importance and open to the public at least 60 days a year.
Don’t assume “protected” means exempt.
#inheritancetax #heritageproperty #taxplanning
For heritage property relief, a house must be of national importance and open to the public at least 60 days a year.
Don’t assume “protected” means exempt.
#inheritancetax #heritageproperty #taxplanning
November 3, 2025 at 12:00 PM
Protected structure? That’s a planning label — not a tax relief.
For heritage property relief, a house must be of national importance and open to the public at least 60 days a year.
Don’t assume “protected” means exempt.
#inheritancetax #heritageproperty #taxplanning
For heritage property relief, a house must be of national importance and open to the public at least 60 days a year.
Don’t assume “protected” means exempt.
#inheritancetax #heritageproperty #taxplanning
Spooky season meets tax season.
Phantoms, zombies, werewolves — and they’re all in the tax code.
Here are a few structures that refuse to die.
#taxplanning #taxtips #taxlaw #halloweentax
Phantoms, zombies, werewolves — and they’re all in the tax code.
Here are a few structures that refuse to die.
#taxplanning #taxtips #taxlaw #halloweentax
October 31, 2025 at 3:19 PM
Spooky season meets tax season.
Phantoms, zombies, werewolves — and they’re all in the tax code.
Here are a few structures that refuse to die.
#taxplanning #taxtips #taxlaw #halloweentax
Phantoms, zombies, werewolves — and they’re all in the tax code.
Here are a few structures that refuse to die.
#taxplanning #taxtips #taxlaw #halloweentax
People think you must live in a house for years to qualify for CGT relief.
You don’t.
It’s intention, not duration, that matters.
If it was truly your home - even briefly - you can still qualify.
taxunwrapped.ie
#CGTIreland #taxtips #taxplanning #propertytax
You don’t.
It’s intention, not duration, that matters.
If it was truly your home - even briefly - you can still qualify.
taxunwrapped.ie
#CGTIreland #taxtips #taxplanning #propertytax
October 30, 2025 at 9:05 AM
People think you must live in a house for years to qualify for CGT relief.
You don’t.
It’s intention, not duration, that matters.
If it was truly your home - even briefly - you can still qualify.
taxunwrapped.ie
#CGTIreland #taxtips #taxplanning #propertytax
You don’t.
It’s intention, not duration, that matters.
If it was truly your home - even briefly - you can still qualify.
taxunwrapped.ie
#CGTIreland #taxtips #taxplanning #propertytax
A family gifted property to their daughter and her husband.
She was fine - covered by the €400k parent-child exemption.
He wasn’t - and got a €90k tax bill.
Don’t guess with property gifts.
👉 taxunwrapped.ie
#taxtips #GiftTax #IrishTax #PropertyTransfer
She was fine - covered by the €400k parent-child exemption.
He wasn’t - and got a €90k tax bill.
Don’t guess with property gifts.
👉 taxunwrapped.ie
#taxtips #GiftTax #IrishTax #PropertyTransfer
October 29, 2025 at 12:51 PM
A family gifted property to their daughter and her husband.
She was fine - covered by the €400k parent-child exemption.
He wasn’t - and got a €90k tax bill.
Don’t guess with property gifts.
👉 taxunwrapped.ie
#taxtips #GiftTax #IrishTax #PropertyTransfer
She was fine - covered by the €400k parent-child exemption.
He wasn’t - and got a €90k tax bill.
Don’t guess with property gifts.
👉 taxunwrapped.ie
#taxtips #GiftTax #IrishTax #PropertyTransfer
Built up profits in your Irish company?
Under Spain’s Beckham Law, you could extract them tax-free for up to six years - if you plan it right.
Get advice before you move.
taxunwrapped.ie
#taxtips #taxstrategy #expattax #beckhamlaw #spanishtax
Under Spain’s Beckham Law, you could extract them tax-free for up to six years - if you plan it right.
Get advice before you move.
taxunwrapped.ie
#taxtips #taxstrategy #expattax #beckhamlaw #spanishtax
October 28, 2025 at 9:05 AM
Built up profits in your Irish company?
Under Spain’s Beckham Law, you could extract them tax-free for up to six years - if you plan it right.
Get advice before you move.
taxunwrapped.ie
#taxtips #taxstrategy #expattax #beckhamlaw #spanishtax
Under Spain’s Beckham Law, you could extract them tax-free for up to six years - if you plan it right.
Get advice before you move.
taxunwrapped.ie
#taxtips #taxstrategy #expattax #beckhamlaw #spanishtax
A father leaves a lifetime right to live in property to his daughter.
The life-time gift triggers a €23,000 tax bill.
Legal advice isn’t the same as tax advice.
taxunwrapped.ie.
The life-time gift triggers a €23,000 tax bill.
Legal advice isn’t the same as tax advice.
taxunwrapped.ie.
October 27, 2025 at 10:39 AM
A father leaves a lifetime right to live in property to his daughter.
The life-time gift triggers a €23,000 tax bill.
Legal advice isn’t the same as tax advice.
taxunwrapped.ie.
The life-time gift triggers a €23,000 tax bill.
Legal advice isn’t the same as tax advice.
taxunwrapped.ie.
Revenue drinking on the job!?
Two inspectors ordered wine and rum as part of a €650,000 tax sting on a Dublin restaurant.
Trading while insolvent removes company protection - and puts directors personally on the hook.
taxunwrapped.ie
#taxtips #Revenue #taxstrategy #irishbusiness #insolvency
Two inspectors ordered wine and rum as part of a €650,000 tax sting on a Dublin restaurant.
Trading while insolvent removes company protection - and puts directors personally on the hook.
taxunwrapped.ie
#taxtips #Revenue #taxstrategy #irishbusiness #insolvency
October 23, 2025 at 10:45 AM
Revenue drinking on the job!?
Two inspectors ordered wine and rum as part of a €650,000 tax sting on a Dublin restaurant.
Trading while insolvent removes company protection - and puts directors personally on the hook.
taxunwrapped.ie
#taxtips #Revenue #taxstrategy #irishbusiness #insolvency
Two inspectors ordered wine and rum as part of a €650,000 tax sting on a Dublin restaurant.
Trading while insolvent removes company protection - and puts directors personally on the hook.
taxunwrapped.ie
#taxtips #Revenue #taxstrategy #irishbusiness #insolvency
Fair Deal can hit your farm — but there’s a way to cap it at 22.5%.
If the land’s been farmed for 5 years and a successor works it for 6 more, you can protect your assets.
Plan early.
taxunwrapped.ie
#fairdeal #irishfarming #taxplanning #inheritance
If the land’s been farmed for 5 years and a successor works it for 6 more, you can protect your assets.
Plan early.
taxunwrapped.ie
#fairdeal #irishfarming #taxplanning #inheritance
October 22, 2025 at 12:11 PM
Fair Deal can hit your farm — but there’s a way to cap it at 22.5%.
If the land’s been farmed for 5 years and a successor works it for 6 more, you can protect your assets.
Plan early.
taxunwrapped.ie
#fairdeal #irishfarming #taxplanning #inheritance
If the land’s been farmed for 5 years and a successor works it for 6 more, you can protect your assets.
Plan early.
taxunwrapped.ie
#fairdeal #irishfarming #taxplanning #inheritance
Revenue asked for his wife’s bank statements.
Yes — they can.
If you’re jointly assessed, Revenue can demand them.
Separate treatment stops that.
Protect your family’s privacy → taxunwrapped.ie
#taxtips #taxplanning #revenueaudit #irishbusiness
Yes — they can.
If you’re jointly assessed, Revenue can demand them.
Separate treatment stops that.
Protect your family’s privacy → taxunwrapped.ie
#taxtips #taxplanning #revenueaudit #irishbusiness
October 21, 2025 at 11:33 AM
Revenue asked for his wife’s bank statements.
Yes — they can.
If you’re jointly assessed, Revenue can demand them.
Separate treatment stops that.
Protect your family’s privacy → taxunwrapped.ie
#taxtips #taxplanning #revenueaudit #irishbusiness
Yes — they can.
If you’re jointly assessed, Revenue can demand them.
Separate treatment stops that.
Protect your family’s privacy → taxunwrapped.ie
#taxtips #taxplanning #revenueaudit #irishbusiness
€50k paid to a teenage sister.
No payslips. No records.
Revenue allowed €9/hour — and disallowed the rest.
Hire Your Kids works — but only if it’s done right.
taxunwrapped.ie
#taxtips #hireyourkids #taxplanning #revenueireland
No payslips. No records.
Revenue allowed €9/hour — and disallowed the rest.
Hire Your Kids works — but only if it’s done right.
taxunwrapped.ie
#taxtips #hireyourkids #taxplanning #revenueireland
October 20, 2025 at 10:37 AM
€50k paid to a teenage sister.
No payslips. No records.
Revenue allowed €9/hour — and disallowed the rest.
Hire Your Kids works — but only if it’s done right.
taxunwrapped.ie
#taxtips #hireyourkids #taxplanning #revenueireland
No payslips. No records.
Revenue allowed €9/hour — and disallowed the rest.
Hire Your Kids works — but only if it’s done right.
taxunwrapped.ie
#taxtips #hireyourkids #taxplanning #revenueireland
Running a business in your own name? You’re personally liable for every debt and mistake.
We saw a self-employed client hit with a €750k Revenue bill - and no protection.
A company structure would’ve saved him.
Protect what matters. taxunwrapped.ie
#taxtips #taxstrategy #taxplanning
We saw a self-employed client hit with a €750k Revenue bill - and no protection.
A company structure would’ve saved him.
Protect what matters. taxunwrapped.ie
#taxtips #taxstrategy #taxplanning
October 15, 2025 at 10:38 AM
Running a business in your own name? You’re personally liable for every debt and mistake.
We saw a self-employed client hit with a €750k Revenue bill - and no protection.
A company structure would’ve saved him.
Protect what matters. taxunwrapped.ie
#taxtips #taxstrategy #taxplanning
We saw a self-employed client hit with a €750k Revenue bill - and no protection.
A company structure would’ve saved him.
Protect what matters. taxunwrapped.ie
#taxtips #taxstrategy #taxplanning
Two hidden traps are catching farmers out on Agricultural Relief:
1️⃣ Land not actively farmed
2️⃣ Farming not commercial
Both can trigger a clawback.
Review your claim before Revenue does → taxunwrapped.ie
#taxtips #irishfarming #taxplanning
1️⃣ Land not actively farmed
2️⃣ Farming not commercial
Both can trigger a clawback.
Review your claim before Revenue does → taxunwrapped.ie
#taxtips #irishfarming #taxplanning
October 13, 2025 at 10:32 AM
Two hidden traps are catching farmers out on Agricultural Relief:
1️⃣ Land not actively farmed
2️⃣ Farming not commercial
Both can trigger a clawback.
Review your claim before Revenue does → taxunwrapped.ie
#taxtips #irishfarming #taxplanning
1️⃣ Land not actively farmed
2️⃣ Farming not commercial
Both can trigger a clawback.
Review your claim before Revenue does → taxunwrapped.ie
#taxtips #irishfarming #taxplanning
Gift €20k tax-free — every year.
No, not under the €3k rule.
It’s called in loco parentis, and it applies if you’ve taken on a parental role — even informally.
We help clients use it properly.
taxunwrapped.ie
#taxtips #taxplanning #gifttax #inheritanceplanning
No, not under the €3k rule.
It’s called in loco parentis, and it applies if you’ve taken on a parental role — even informally.
We help clients use it properly.
taxunwrapped.ie
#taxtips #taxplanning #gifttax #inheritanceplanning
October 10, 2025 at 8:51 AM
Gift €20k tax-free — every year.
No, not under the €3k rule.
It’s called in loco parentis, and it applies if you’ve taken on a parental role — even informally.
We help clients use it properly.
taxunwrapped.ie
#taxtips #taxplanning #gifttax #inheritanceplanning
No, not under the €3k rule.
It’s called in loco parentis, and it applies if you’ve taken on a parental role — even informally.
We help clients use it properly.
taxunwrapped.ie
#taxtips #taxplanning #gifttax #inheritanceplanning
Budget 2026 raised the Entrepreneur Relief cap from €1m to €1.5m - starting January.
That means the first €1.5m of a qualifying sale is taxed at 10%, not 33%.
And with planning, that can stretch to €3m.
Plan your exit right → taxunwrapped.ie
#taxplanning #irishbusiness #taxtips
That means the first €1.5m of a qualifying sale is taxed at 10%, not 33%.
And with planning, that can stretch to €3m.
Plan your exit right → taxunwrapped.ie
#taxplanning #irishbusiness #taxtips
October 8, 2025 at 8:54 AM
Budget 2026 raised the Entrepreneur Relief cap from €1m to €1.5m - starting January.
That means the first €1.5m of a qualifying sale is taxed at 10%, not 33%.
And with planning, that can stretch to €3m.
Plan your exit right → taxunwrapped.ie
#taxplanning #irishbusiness #taxtips
That means the first €1.5m of a qualifying sale is taxed at 10%, not 33%.
And with planning, that can stretch to €3m.
Plan your exit right → taxunwrapped.ie
#taxplanning #irishbusiness #taxtips
Can Revenue re-open your tax affairs after 16 years?
Yes - if the return wasn’t full and true.
Mortgage-interest relief depends on RTB registration. Old rental issues can resurface, but voluntary disclosure can help.
#taxtips #rentalincome #taxstrategy #revenueireland
Yes - if the return wasn’t full and true.
Mortgage-interest relief depends on RTB registration. Old rental issues can resurface, but voluntary disclosure can help.
#taxtips #rentalincome #taxstrategy #revenueireland
October 6, 2025 at 10:48 AM
Can Revenue re-open your tax affairs after 16 years?
Yes - if the return wasn’t full and true.
Mortgage-interest relief depends on RTB registration. Old rental issues can resurface, but voluntary disclosure can help.
#taxtips #rentalincome #taxstrategy #revenueireland
Yes - if the return wasn’t full and true.
Mortgage-interest relief depends on RTB registration. Old rental issues can resurface, but voluntary disclosure can help.
#taxtips #rentalincome #taxstrategy #revenueireland