These 2 x online workshops will be delivered by Sarah McGuinness from SM Accounting Solutions

Dates & Times:

• Tuesday 4th of March | 9:30a.m. - 1:30p.m. | Online
• Tuesday 11th of March | 9.30a.m. - 1:30p.m. | Online

Aim of the Course:

• The aim of this course is to provide each participant with a clear understanding of their responsibilities as a self-employed person and an understanding of how their business fits into the self-assessment tax system. They will also gain an understanding of how Income Taxes are calculated on their business profits with tips and advice to ensure they pay less tax. There will also be a demonstration on how to submit a Form 11 Income Tax Return on Revenue Online Services (ROS), including making tax payments and printing reports.

Course Content:

• Who pays Income Tax?
• On what income do we pay income taxes?
• Allowable Business Expenses
• Income Tax Rates, USC, PRSI
• Tax Credits, Reliefs and Capital Allowances
• Exempt Income
• Preliminary Tax
• An Income Tax Return working example
• Important filing dates and deadlines
• Demonstration of Income Tax Return Form 11
• Making Tax Payments
• ROS Revenue Record / Inbox – Printing returns and other reports
• An opportunity to ask specific questions of the tutor

Training Method:

• Clear demonstrations by the trainer using Power Point and Excel.
• User-friendly case-study used as the training tool.
• Interactive learning.
• All participants will be given a full set of detailed notes at the beginning of the class.

While this course is open to everyone, if over-subscribed priority will be given to Leitrim based businesses.