Book Smart Accountancy

⏰ TAX DEADLINE: OCTOBER 2026

The Income Tax deadline is coming up!

📅 31 OCTOBER 2026

If you're self-employed or taxed under self-assessment, you may need to:

💶 Pay any balance of Income Tax due for 2025

📋 File your 2025 Income Tax Return

💰 Pay Preliminary Tax for 2026

If you both file and make the relevant payments through ROS, the deadline is extended to:

📅 18 NOVEMBER 2026

Don't leave it until the last minute! Getting your accounts and records organised now can make the process much easier.

Need help getting your accounts ready?

📞 (047) 72617
📧 [email protected]

💻 TAX TIPS FOR IRISH FREELANCERS

1️⃣ KEEP TRACK OF YOUR BUSINESS EXPENSES
Software, subscriptions, equipment, professional fees and other business costs may be allowable expenses, depending on your circumstances.

2️⃣ KEEP YOUR RECEIPTS 🧾
Don’t rely on your bank statement alone. Keep proper records and receipts for your business expenses.

3️⃣ SET MONEY ASIDE FOR TAX 💶
Remember that your freelance income may create an Income Tax, USC and PRSI liability. Putting money aside throughout the year can help avoid an unexpected bill.

4️⃣ KEEP BUSINESS & PERSONAL SPENDING SEPARATE
A separate business bank account can make it much easier to keep track of your income and expenses.

5️⃣ KNOW YOUR DEADLINES 📅
Self-employed individuals generally need to file an annual Income Tax return and pay any tax due by the relevant deadline.

💡 NEED HELP KEEPING YOUR FREELANCE FINANCES ON TRACK?

Book Smart Accountancy can help you understand your tax obligations and keep your accounts organised.

📞 (047) 72617
📧 [email protected]

⏰ 5 WEEKS UNTIL THE INCOME TAX DEADLINE

The Income Tax deadline is getting closer! 📅

If you’re self-employed, a sole trader or have additional income to declare, now is the time to make sure your records are in order and your tax return is on track.

Don’t leave it until the last minute! 📊

Need a hand getting everything sorted?

📞 (047) 72617
📧 [email protected]

Book Smart Accountancy
Here to help keep your business on track. 💼

⏰ CORPORATION TAX DEADLINE THIS WEDNESDAY

If your company has Corporation Tax due, don’t leave it until the last minute.

📅 The deadline is this Wednesday, 23 September.

Make sure your Corporation Tax return is filed and any tax due is paid on time to avoid unnecessary interest or penalties.

📞 (047) 72617
📧 [email protected]

Book Smart Accountancy
Here to help keep your business on track. 📊

⏰ 6 WEEKS UNTIL THE INCOME TAX DEADLINE

The 2025 Income Tax deadline is getting closer!

📋 Get your records together
🧾 Check your receipts and allowable expenses
💶 Know what tax is due
📅 Give yourself plenty of time to file

⚠️ DON’T MISS THE DEADLINE

Late filing can result in a surcharge being added to your tax bill.

💶 5% of tax due if filed within 2 months of the deadline, up to €12,695
💶 10% of tax due if filed more than 2 months late, up to €63,485

Don’t leave it until the last minute. Getting organised now means less stress when the deadline arrives!

📞 (047) 72617
📧 [email protected]
📆 Book your free initial consultation today.

💡 WHAT IS RCT?

If you work in construction, forestry or meat processing, you may have come across RCT.

🏗️ RCT stands for Relevant Contracts Tax.

It is a tax system that applies to certain payments made by principal contractors to subcontractors in these industries.

💶 Instead of the subcontractor receiving the full payment, the principal contractor may have to deduct RCT and pay it directly to Revenue.

📋 The amount deducted depends on the subcontractor’s RCT rate.

⚠️ RCT can be confusing, particularly when it comes to registrations, deductions and filing obligations.

If you are a contractor or subcontractor and you are unsure how RCT applies to you, getting the right advice can help you avoid mistakes.

📞 (047) 72617

📧 [email protected]

📆 Book your free initial consultation today.

⏰ 7 WEEKS UNTIL THE INCOME TAX DEADLINE

The 2025 Income Tax deadline is getting closer!

📋 Get your records together
🧾 Check your receipts and expenses
💶 Know what tax is due
📅 Give yourself plenty of time to file

Don’t leave it until the last minute!

📞 (047) 72617

📧 [email protected]

📆 Book your free initial consultation today.

Running a salon or working as a self-employed hairdresser?

You may be able to claim certain business-related expenses, such as:

✔️ Professional hair products & supplies
✔️ Salon equipment & tools
✔️ Business insurance
✔️ Relevant training & professional development
✔️ Professional subscriptions
✔️ Business-related travel and vehicle costs

The key? Keep proper records and receipts for your expenses.

Not every expense is automatically allowable, so make sure you understand what applies to your business and circumstances.

Not sure what you can claim?
Book Smart Accountancy can help.

📞 (047) 72617
📧 [email protected]

Book your free initial consultation today.

📣 Issue 44 of the Book Smart Accountancy Newsletter is OUT NOW!

This issue looks at two important areas that can have a real impact on your business:

📌 The Hidden Risks in Long-Term Clients
Client loyalty is valuable, but could some long-standing clients actually be reducing your profitability?

💶 The Real Impact of Payment Terms on Cash Flow & Business Stability
Your sales might look healthy on paper, but when are you actually getting paid? Your payment terms can have a much bigger impact on your cash flow and business stability than you might think.

💡 Packed with practical insights to help you make smarter financial decisions and keep your business on the right track.

👉 Check out Issue 44 of the Book Smart Accountancy Newsletter now:
https://booksmartaccountancy.ie/newsletter/

Think Smart. Think Book Smart. 📊