Revenue e-brief No 18/14 released yesterday has some fairly significant implications for anyone who avails of the €15K childcare services relief. People who avail of this relief are now regarded as chargeable persons for self-assessment purposes. This means having to register for income tax, submit a Form 11 every year and be subject to issues such as preliminary tax etc.
Personally I'm in two minds about this. More accountability = more red tape.
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Personally I'm in two minds about this. More accountability = more red tape.
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