samanthajane
Registered User
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Don't forget that by using a portion of your principal private residence for business use that you will be subject to at least a proportion of capital gains tax should you make a profit on the sale of your home.Also does anyone know if there are any other expenses i might have to pay out? I'm not talking about taxes and vat, just things similar to the water rates ect i cant think of anything else but just want to make sure i have everything covered.
Thanks
Hi,
Some other hidden charges for you possibly IMRO and PPI... for playing the radio.
Wherever you have background music playing in a public/salon area these licences are needed.
IMRO are the Irish Music Rights Org. and PPI are (and someone please correct me if I am wrong) The Phonographic Performance Ireland.
It does not matter whether you are playing the radio or CDs it seems. A payment towards royalties for the artists is due. Why there are 2 bodies owed I don't know?
Someone once told me to say you were only listening to the radio for news purposes. I tried it but it did n't workI think the minimum payment to IMR0 is about €100 per year and €150 to PPI. Not sure exactly though.
A payment towards royalties for the artists is due .
Have they only started this payment since this all the downloading began?
No these licences have been around for years. The old classical music could be a good idea but I would imagine you would need something more uptempo in a hair salon.
Commercial rates will also be payable to your local council btw. A Safety statement for insurances will also need to be in place especially to cover you with Treatment Risk.
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