The aim of this course is to help business owners understand their obligations in relation to their Income Tax liabilities within the ‘Self-Assessment System’ as well as important Revenue deadlines for tax returns and payments. It will also give participants an understanding of how their Income Taxes will be calculated, based on their business profits, with tips and advice to ensure they pay less tax.

Course Content

• Who pays Income Tax?
• On what income do we pay tax?
• Business profits/losses
• Allowable Business Expenses
• Income Tax Bands and Thresholds
• Income Tax Rates, USC, PRSI
• Tax Credits and Capital Allowances
• Preliminary Tax
• An Income Tax Return working example
• Important filing dates and deadlines
• An opportunity to ask specific questions of the tutor