Home Renovation Initiative

Home Renovation Initiative

The HRI scheme provides for tax relief for homeowners by way of an income tax credit at 13.5% of qualifying expenditure on repair, renovation or improvements carried out to the homeowner’s main home by qualifying contractors. Relief may be claimed on qualifying...
Guide To Limited Company Tax

Guide To Limited Company Tax

If you are a sole trader looking to become a limited company, it is worth knowing that one of the first major tasks to be completed upon formation is to register for tax. The topic of limited company tax can be difficult to understand, so if you’ve just set up shop,...
Budget 2018 Highlights

Budget 2018 Highlights

Business Tax CORPORATION TAX RATE • The Minister reiterated in his Budget speech that the 12.5% Corporation Tax rate will remain in place indefinitely. CAPITAL ALLOWANCES • The deduction for capital allowances for intangible assets and any related interest expense...