CPDStore Ireland

A Review Tax Appeal Cases Relevant to Most Practices in the Last Year

In Part 1 of this session John Murphy will cover the following topics

• A Review of Tax Appeal Cases Relevant to Most Practices in the Last Year
  • Debt write-offs and taxability – A review of Section 87 TCA. When is a debt write off taxable. The write off of a loan connected to property – a win for the taxpayer.
  • The sale of goodwill to connected persons and the importance of following valuation rules
  • Payments from the Company deemed to be salary/dividend in the absence of evidence – A win for the taxpayer and one that could be used as a basis to defend Revenue’s stance, but availability of evidence is key
  • Other sundry tax appeal reminders

• A review of the changes to agricultural relief and importance of some farmers/landowners taking action before 1 January 2025

• A recap of actions companies can take to reduce the tax prior to yearend.

• A recap on CGT losses and loss restrictions

• Revenue interventions – what are the key and common area’s we are hearing Revenue are looking at from discussions with practitioners around the country.

• Sole trader – VAT and death – Practitioners need to be aware of it

In Part 2 of this session, Lisa Cosgrave will cover the following topics;

• Common Queries that cross our desks across all tax heads including;
  • VAT Place of supply rules
  • Income Tax and determining domicile
  • Corporation Tax in particular the professional services close company surcharge 
  • Employers PAYE Obligations for remote workers 
  • CGT deductibility rules
  • CAT Valuation Dates

Course Level: Intermediate