Tips for making a 2020 tax return

21/10/2020 16:14:00

See useful guidance for preparing your tax return in a challenging environment.

The thought of tax bills is always to the fore at this time of year, but the challenges of Covid-19 add an extra layer to it this year. How can you best prepare, and what steps can be taken?

Michael O’Scathaill, tax director at Crowe, outlines key things to consider when making your tax return this year, such as:

  • Funding your tax bill,
  • Reducing your tax liability,
  • Accounting topics,
  • Commencement and cessation,
  • Recent Revenue initiatives, and
  • Guidance on the Revenue TWSS compliance programme.

For more information, download Small Practice Tax Returns 2020 - Tips for Solicitors

You can also view the Small Practice Information Session, ‘Tips on making a Tax return (32:53)

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This article originally appeared in the October 2020 Law Society eZine. For more information, and to subscribe, visit eNewsletters.