Income Tax (Ireland)

by David FitzGerald

This course takes you through the various requirements under each Schedule, giving you a detailed overview of the income tax system. Get up to date with how to tax various income types, including self-employment, trading and professional, and rental.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Summarise the different Irish income tax Schedules/Cases and the types of income they cover
  • Apply the correct tax treatment to income from trading and professions as set out by Schedule D Case I/Case II
  • Explain the tax treatment of employment income under the PAYE system
  • Advise on how to tax rental income under Schedule D Case V
  • Understand how to tax incomes that do not fall under the main categories, including from short-term accommodation, deposit interest, and certain dividends or distributions
  • This course is compliant with Irish law up to and including Finance Act 2021.

About the course

In Ireland, the Revenue Commissioners group different income types into different Schedules and Cases, each with their own taxation rules. It is therefore vital you understand these Schedules and the income types they cover to ensure you apply the correct tax treatment to your clients’ income.

This course takes you through the various tax requirements under each Schedule/Case, giving you an overview of the income tax system in Ireland. Make sure you are up to date on how to tax various income types, including self-employment, trading and professional, and rental.

This course is compliant with Irish law up to and including Finance Act 2021.

Look inside

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Contents

  • Trading and professional income
    • Trading activity
    • Trading vs non-trading activity
    • Schedule D Case I/II
    • Allowable deductions
    • Capital allowances system
    • Capital allowances
    • Basis periods for capital allowances
    • A couple more allowances
    • Basis of assessment
    • Losses
    • PRSI and USC
  • Employment income
    • Schedule E
    • Employment vs self-employment
    • Employment status
    • Allowable deductions
    • Benefits in kind
    • The BIK regime
    • Vans
    • Other employer-owned assets
    • Other considerations
  • Rental income
    • Rental income overview
    • Rental income computation
    • Schedule D Case V
    • Allowable deductions
    • Other considerations
    • Other rental income
  • All other income
    • Other income sources
    • Schedule D Case III
    • Schedule D Case IV
    • Income from short-term accommodation
    • Schedule F
    • Practical implications

Author

David FitzGerald

David FitzGerald, MBS, CTA was Director International with CPA Ireland until 2019 and had over 15 years' experience with the Institute. He is a Chartered Tax Adviser, and currently lectures in Tax and Business Management. He is also a Tax examiner for a professional accountancy qualification.

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Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days12 months12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team’s needs
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Recommended

Why not upgrade?

Find the best way to complete your CPD

Licence

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Why not upgrade?

Find the best way to complete your CPD

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Licence

Recommended

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

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