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Revenue extend Pay and File Deadline to 10th December 2020

Revenue extend Pay and File Deadline to 10th December 2020

by Nicole Harney | Sep 18, 2020 | COVID-19 Financial Supports, Information for small businesses

Revenue announced yesterday that the Pay and File deadline has been extended to 10th December. This means that anyone who has to submit a tax return has an extension from 12th November (for anyone who files online – nearly everyone these days) or 31st October...
Using 2020 losses for 2019 tax return

Using 2020 losses for 2019 tax return

by Nicole Harney | Sep 14, 2020 | COVID-19 Financial Supports, Information for small businesses

As part of the July stimulus package, Revenue announced a scheme where if your business made a profit in 2019 but made a loss in 2020, you can accelerate the use of this loss against 2019 profits. This is an unprecedented move to allow the self-employed to estimate...

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