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12 Productivity Tips From Incredibly Busy People

We would like to share an article by Bruna Martinuzzi, called 12 Productivity Tips From Incredibly Busy People. It looks at how successful busy entrepreneurs organise their day. Have a single purpose focus. Ruthlessly block out distractions. Set a strict time limit on meetings. Set up productivity rituals. Get up earlier. ...

Disclosures of Foreign Income and Assets

This week we are discussing the topic of disclosures of foreign income and assets. As from 1 May 2017, it will no longer be possible to obtain the benefits of a qualifying disclosure if matters included in the disclosure relate directly or indirectly to any of the following: ·         A bank ...

Foreign Earnings Deduction Update

Foreign Earnings Deduction (FED) is a tax relief available to employees of Irish companies who spend time working overseas in any of 28 qualifying countries. See details of these countries below Qualifying Countries 2012 Brazil, China, India, Russia and South Africa 2013 & 2014 Additional qualifying countries

Savings and Investments – Focus on Finanical Freedom Part #6

In our last session we discussed How to Pay Yourself First, this week we will cover savings and investments. With regard to savings and investments we suggest that you determine your attitude to investments and decide on an investment strategy that works for you. Treat your investments as you would ...

Non Principal Private Residence (NPPR) Charge and rental profits

February 17, 2017 Latest News 0 Comment

For years there has been lack of clarity regarding whether the NPPR Charge is tax deductible against my rental income. Revenue and the Department of Finance had indicated that the payment of the NPPR Charge for residential properties is not an allowable expense in computing taxable rental income as it is not included on ...

Start Your Own Business Scheme

February 17, 2017 Tax Advice 0 Comment

Have you been unemployed for at least 12 months and have you set up a qualifying business? If so the Start Your Own Business scheme may provide an exemption from income tax up to a maximum of €40,000 per annum for a period of 2 years. The relief only applies to ...

Pay yourself first – Focus on Financial Freedom Part #5

We will start the new year and get back to the Financial Freedom exercises, moving on from our last exercise of How to pay off debt fast we will look at the concept of paying yourself first. This is sometimes a foreign concept for entrepreneurs. Everyone else gets paid before ...

Why Meditate?

February 17, 2017 Left Field 0 Comment

Do you have a sceptical outlook to meditation? Well you wouldn't be the only one, however we would like to share with you an article by Suzanne Toro from her book Bare Naked Bliss, which outlines the act of meditation and the benefits it can bring to your quality of ...

Capital Gains Tax Relief For Entrepreneurs

December 19, 2016 Tax Advice 0 Comment

In Budget 2017 there was good news for entrepreneurs and start-up businesses as the capital gains tax relief rate for entrepreneurs was reduced from 20pc to 10pc. The new 10pc rate will bring Ireland closer in line with competitive CGT rates on the sale of a business in the UK. The ...

How To Supercharge Your 2017

December 18, 2016 Latest News 0 Comment

A Free Gift From Steven McGeown Steven McGeown is a long time friend of mine, ultra marathon runner and businessman and currently he has a free offer I'd like to let you in on. If you head over to Steven's Website you can grab a copy of his Morning Miracle Makeover, where ...

Little About Us

Joe Cunnane Practice Owner TRA Professional Services       Qualifications:  FCA Chartered Accountant & AITI Chartered Tax Advisor Joe has over 20 years experience working in both private practice and industry ... Read More »