Business Taxes


Who is this course for?

  • Accountants, bookkeepers, accounts administrators and staff members with responsibility for the administration of VAT and accounts and responsibility for filing any VAT related documents
  • Business owners that want to have a better understanding of their finances and their legal requirements to file returns.
  • Anyone that has an active interest in gaining a career in accounts administration or simply wishes to have a better understanding and/or refresher course in the operation of the Irish VAT system.

CPD Hours 7



Taxation of Sole Traders

  • Registering as self-employed
  • Self-assessment
  • Record keeping
  • Allowable expenses v disallowable expenses
  • Tax return deadlines
  • Utilising losses

Limited Company Tax

  • Forming a limited company
  • Maintaining accounts
  • Profit and loss account
  • Balance sheet
  • Directors loan accounts
  • Corporation tax – what are your taxable profits?
  • Allowable expenses v disallowable expenses
  • Understanding available reliefs including R&D credits

Capital allowances

  • What are capital allowances?
  • What is plant and machinery and over what period can it be written off?
  • Scrapping/selling capital items – balancing allowances and charges
  • Accelerated capital allowances on energy efficient equipment
  • Adjusting for private use of capital items
  • Carrying unused losses forward


  • What is VAT?
  • Accountable person v taxable person
  • How to register for VAT
  • VAT rates
  • Margin scheme VAT
  • Filing VAT returns
  • VAT Return of trading details (VAT RTD)
  • Self- accounting for VAT on EU acquisitions