Revenue to move on tax research loophole as millions lost

Posted in Research on August 12th, 2013 by steve

“The Revenue is stepping up audits of how large companies are lowering their tax bills after uncovering widespread misuse of tax credits for research and development …” (more)

[Carl O’Brien, Irish Times, 12 August]

Tags: ,

Gains from downloading textbooks wiped out by VAT

Posted in Teaching on August 7th, 2013 by steve

“Parents are being hammered by value added tax (VAT) as more schools move to replace printed textbooks with electronic learning, it has emerged …” (more)

[Charlie Weston, Independent, 7 August]

Tags: , ,

It’s wrong to use farm and home values in means test

Posted in Fees, access and admissions on August 12th, 2012 by steve

“… The real ‘rents’ in the Irish economy that should be taxed are not the imputed rents of home or farm-owners, but what economists call the monopoly rents in the public sector. Extracted not due to productivity but due to skill at lobbying for higher incomes (an activity that economists call ‘rent seeking’), the highest public pay and pensions in Europe reflect the awesome power of organised lobbies like civil servants, academics and local government officials to force the Government’s hand …” (more)

[Marc Coleman, Independent, 12 August]

Tags: , ,

Teachers play down reports of tax investigation over grind fees

Posted in Legal issues on January 9th, 2012 by steve

“A union representing teachers has played down reports that the Revenue has launched a probe into undeclared fees for after-school grinds, describing it as not a ‘widespread issue’ …” (more)

[, 9 January]

Tags: , ,

University perks

Posted in Life on July 8th, 2011 by steve

“I am not expecting huge support on this one, but let me try anyway. Give us a hearing. In the old days (that is until last year), after we had done our examining in the summer, we would (in my Faculty at least) have a dinner … a nice one, a modest one, but an important one …” (more)

[Mary Beard, A Don’s Life, 7 July]

Tags: ,

No relief on first €2,000 of fees

Posted in Fees, access and admissions on January 22nd, 2011 by steve

“Tax reliefs for student fees are to be curtailed under new provisions in the Finance Bill. The move will particularly affect part-time, full-time, postgraduate and other students who are not part of the free-fees scheme …” (more)

[Seán Flynn, Irish Times, 22 January]

Tags: ,

Revenue targets doctors, pilots and university staff

Posted in Legal issues on August 30th, 2010 by steve

“University staff, airline pilots and doctors are being targeted in an investigation by the Revenue into the employment status of workers …” (more)

[Ian Kehoe, Sunday Business Post, 29 August]


Tax and textbooks

Posted in Legal issues on January 6th, 2010 by steve

“Wish we could get the tax exemption for sales of academic texts. 🙁” (tweet)

[Fiona de Londras, Twitter, 5 January]

Tags: ,

New moves should boost investment in intellectual property

Posted in Legal issues on April 13th, 2009 by steve

Ireland“There was at least one piece of good news in last Tuesday’s emergency budget, and a signal that the government is prepared to address the technology deficit in the tax code. Minister for Finance Brian Lenihan announced a scheme of tax relief for the acquisition of intangible assets, including intellectual property (IP) as a means of supporting the smart economy. Details of the scheme will be developed in conjunction with the Revenue Commissioners, and will be published in the Finance Bill. This measure will help to attract high-quality employment to this economy. This fundamental change in the taxation of intellectual property follows key commitments made in the government plan entitled Building Ireland’s Smart Economy – A Framework for Sustainable Economic Renewal …” (more)

[John Heffernan, Sunday Business Post, 12 April]

Tags: , ,

Tax-reform savings ‘could pay college bill’

Posted in Fees, access and admissions on October 26th, 2008 by steve

“Reform of the tax covenanting system introduced in the mid 1990s to coincide with the abolition of undergraduate fees at third level has brought about tens of millions of euro in savings for the government in the intervening years, new figures have revealed. However, while the savings achieved by reform of the system would “help” with the introduction of free third-level fees, a spokeswoman for the Department of Finance has confirmed that they were not ‘ringfenced’ for this purpose. …” (more)

[John Downes, Sunday Tribune, 26 October]

Tags: ,