Contact Us
The budget’s main aim was to deliver money back to workers and businesses with the goal of providing a buffer against recent cost of living increases.
 
Here, we take a look at how Budget 2024 affects small businesses and the self-employed:
 
  • Personal Tax Credit has increased to €1,875.
  • The Employee Tax Credit has increased to €1,875.
  • Earned Income Tax Credit will also increase to €1,875.
  • Single persons standard tax band has increased to €42,000.
  • Several other tax credits have also increased. 
  • Increases to the VAT registration thresholds were announced. 
  • A new temporary tax relief has been introduced for landlords until 2027. 
  • The R&D tax credit rate has increased to 30%. 
  • A new CGT tax relief for angel investors has been introduced. Increase of Rent Tax Credit to €750 for tenants.
  • The national minimum wage has been increased by €1.40 per hour to €12.70 per hour.
  • Employer PRSI contribution rates will increase by 0.1% from 01 October 2024.
 
 
For the full TaxAssist Accountants Budget Summary, please click here
 
For a 2024 Tax Rate Card, please click here.

 

Join us in three easy steps

1 Sample image

Get in touch

Arrange a free consultation in person or via video with your local accountant. It’s an informal chat to get to know you and find out more about the help you are looking for.

2 Sample image

Chat to an expert

We clearly explain the support available to you and are happy to act as business advisors in order to help you grow your business.

3 Sample image

Get a fixed quote

Our fees are fixed and tailored specifically to each individual's needs, so that you only pay for the level of support and services that you require.

Choose the right accounting firm for you

Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?

Local business focus icon

Local business focus

We specialise in supporting independent businesses and work with 6,246 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.

Come and meet us icon

Come and meet us

We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 23 locations, meet with us online through video call software, or talk to us by telephone.

Switching is simple icon

Switching is simple

Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.

See how TaxAssist Accountants can help you with a free consultation

061 513320

Or contact us