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Strategy Advisory Services
Success comes from the strategic direction and business model adopted by your organisation.
From strategic, market and organisational reviews, to strategy development and validation, through
to supporting you on major change programmes, we can help you develop a roadmap to achieve
greater shareholder value and business success. For more information, please contact Dervla
McCormack on (01) 792 8520 or Ann O’Connell on (01) 792 8512.
Pictured (l-r): Dervla McCormack and Ann O’Connell |
- Important financial dates
| Date |
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| 14 |
IT |
Payment of PAYE/PRSI deductions for October. |
| |
DWT |
Due date for payment and filing of returns of withholding tax on dividends paid by companies in October. |
| |
VAT |
Filing of Intrastat return for October. |
| 19 |
VAT |
Payment of September-October VAT liability and filing of related VAT return. |
| 21 |
CT |
Company year-end 31 December 2008: Preliminary tax due, minimum 90% of total liability for the year.
Company year-end 28 February 2008: Payment of balance of corporation tax and filing of corporation tax return. |
| 28 |
CS |
Filing of Annual Returns dated 31 October 2008. |
| 30* |
CT |
Company year-end 31 May 2007: Close companies with undistributed profits may have to make a distribution by this date to avoid surcharge.
Company year-end 28 February 2008: Filing of “Return of third party information” (Form 46G). |
| |
CS |
Company year-end 28 February 2008: Final date for holding Annual General Meeting and latest possible Annual Return date for 2008. |
Abbreviations: CAT - Capital Acquisitions Tax, CGT - Capital Gains Tax, CS - Company Secretarial, CT - Corporation Tax, DWT - Dividend Withholding Tax, IT - Income Tax and PAYE/PRSI, Pens - Pensions, SD - Stamp Duty, VAT - Value Added Tax
*As this date falls on a weekend, it is advisable to take action on the immediately preceding working day. |
- Planning considerations
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Consider making a BES or fi lm investment before 31 December in
order to claim tax relief for 2008.
- Individuals in company pension schemes can reduce tax (and
possibly PRSI) by paying Additional Voluntary Contributions to their
pension schemes before 31 December (see March planning point).
- Payments made to a permanent health insurance (PHI) plan before 31
December qualify for tax relief (maximum 10% of total income).
- Have you reviewed your benefi ts-in-kind for 2008? Is your notional
pay correct? Has the appropriate business mileage been included?
- Under pensions legislation, the trustees of all occupational pension
schemes must demonstrate relevant investment experience. Do you or
your company act as trustee to a pension scheme? If so, you should
familiarise yourself with these rules.
- If you have a family business you should be planning your tax affairs
to obtain maximum reliefs on the transfer to the next generation.
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