TAXATION SERVICES
Missing tax deadlines is costly, worrisome and ultimately has a negative impact on your business. Zion Accounting prepare and file all relevant tax returns for small/medium/large corporations and for sole traders ensuring that our clients are fully compliant, have their returns filed on time and have access to the most up to date tax advice possible.
PAYE/Income tax
We assist in filing tax returns for all incomes, including rental income and shares etc. Acting as your tax agent, our experienced staff liaise with the Collector General to ensure that all tax allowances are received, reporting is accurate and any payment negotiations are conducted with minimum of fuss and with the best outcome for, you, our valued client.
Corporation tax
At Zion Accounting, we work closely with our corporate and business clients to ensure tax compliancy and accurate record keeping. Timely filing of your company’s corporation tax returns is our priority in order to avoid a late filing surcharge and interest charges. Working together throughout the year, we make certain that your company’s taxes are correct and that you are fully tax compliant.
CGT/CAT
Capital Gains tax and Capital Acquisition Tax: To put it simply, Capital Gains Tax is charged on the capital gain or profit made on the disposal of an asset. Capital Acquisition Tax is tax charged on gifts or acquisitions. However, the legislation around CAT/CGT is not simple and it is always advisable to seek the advice of a taxation expert as there may be significant savings to be made. Accurate reporting of CAT/CGT is essential. At Kalc Accounting we have the expertise and the know-how to advise on any relief which may apply, calculate any liability and keep full and accurate records.
RCT/ Relevant Contracts Tax
Our expert team are particularly skilled at the complicated and essential details of RCT, the specific tax rules for subcontractors working in the construction industry and how they should be paid by contractors. For Contractors ,we can assist in registering, and verifying subcontractors and ensuring that correct payments are calculated within the remit of the scheme. We supply deduction statements for subcontractors and ensure that financial records of RTC are kept meticulously and filing monthly returns to avoid Revenue penalties. Subcontracts can also avail of our expertise in relation to RCT and we are pleased to register subcontractors with Revenue, keep accurate and timely records while ensuring that incoming payments have been calculated correctly. We prepare end of year assessments for subcontractors and keep abreast of all the changes to RCT, so our clients are stress free while navigating this particular aspect of taxation.
VAT
Vat returns are a time-consuming aspect of Irish business. Incorrect filing and classification of items can cost more than just your valuable time. Fines, penalites and the possibility of a VAT inspection can be avoided with accurate and timely filing and assured compliancy. Our experienced staff will prepare and file your VAT returns as they become due, including proper classification of all amounts. At Zion Accounting, we are adept and experienced in preparing year-end VAT trading returns (RTD) and where applicable, we will prepare your INTRASTAT and VIES returns for your business.
