Reduced Frequency of Filing Tax Returns & Payments
Good News for Small Business as Revenue announce Reduced Frequency of Filing Tax Returns and Payments. The Revenue has announced reductions in the filing and payment frequencies for VAT, PAYE/PRSI and RCT by Small Businesses from the 1st January, 2015, as follows: Businesses making total annual VAT payments of less than €3,000 are eligible to file VAT returns and make payments on a 6 monthly basis; Businesses making total annual VAT payments of between €3,000 and €14,000 are
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