ParfreyMurphyLogo
‌
CALL US
+353 (0)21 4310266
February 2020 E-Newsletter
In this issue:
The Laws of Success


Claim VAT Back on Motor Vehicles

What's it For
A Sure investment - Start-up Refund for Entrepreneurs

Tax Deadlines And Reminders


Seamus Parfrey
THE LAWS OF SUCCESS
By Seamus Parfrey

Bob Burg and John David Mann in their book “The Go-Giver” summarise their essential laws for success.
CLAIM VAT BACK ON MOTOR VEHICLES
By Noel Murphy

Accountable persons can deduct up to 20% of VAT incurred on the purchase, hiring, intra-Community acquisition or importation of certain qualifying vehicles, subject to the normal rules on deductibility.
WHAT'S IT FOR
By Seamus Parfrey

Simon Sinek’s TED talk and brilliant book “Start with Why” explore why we should ask questions and keep digging to find real insights.


A SURE INVESTMENT-START-UP REFUND FOR ENTREPRENEURS
By Noel Murphy

SURE – Startup Refunds for Entrepreneurs is a tax relief incentive.
You may be entitled to an income tax refund of up to 41% of the capital that you invest in your own company under SURE. Depending on the size of your investment you may be entitled to a refund of income tax paid over the 6 years prior to the year in which you invest


TAX DEADLINES AND REMINDER
By Una Beecher

Deadline - 14 February 2020 
PAYE/PRSI
  • Monthly return and payment for January 2020


Deadline - 14 February 2020
PSWT
  • Return and payment for January 2020


Deadline - 15 February 2020
PSWT
  •  F35 Annual return for the year ended 31 December 2019


Deadline - 14 February 2020
DWT
  • Return and payment for January 2020


Deadline - 19 February 2020
VAT
  • Annual VAT 3 return and payment for the period February 2018 - January 2019, together with the Return of Trading Details where the accounting period ends in January  
  • Monthly VAT 3 return and payment for January 2020, together with the Return of Trading Details where the accounting period ends in January


Deadline - 23 February 2020
RCT 
  • Return and payment for January 2020 


Deadline - 23 February 2020
VIES 
  • Monthly return for January 2020 


 Deadline - 23 February 2020
Income Tax 
  • SARP Employer Return for the year ended 31 December 2019


Deadline - 1 - 21 February 2020
Corporation Tax
  • Preliminary Tax for accounting periods ending between 1 - 31 March 2020  
  • First instalment of preliminary tax for "Large Companies" with a financial year ending between 1 - 31 August 2020
  • Returns for accounting periods ending between 1 - 31 May 2019
  • Pay balance of tax due on accounting periods ending between 1 - 31 May 2019
  • Returns of third party information for accounting periods ending between 1 - 31 May 2019

Where returns and payments for RCT, VAT, PAYE/PRSI and Corporation Tax are made electronically, the return and payment deadlines are the 23rd day of the month where relevant
Our aim is to help businesses grow, to increase their profitability, improve their cash flow and reduce their tax liabilities so that they have more disposable income. Please feel free to call us on 021 4310266 or email us on pm@parfreymurphy.ie if you wish to do business with us