Lynwood Resources Newsletter
Issue: 1 April 2010
Greetings!

Welcome to the first edition of the brand new newsletter from Lynwood Resources. As a valued client of our chartered accountancy practice you've automatically added to our mailing list. Should you wish to unsubscribe from this newsletter at anytime we won't be offended - just click on the "SafeUnsubscribe" link at the bottom of this mail to opt out of further mails.
 
Our Website 
A new look for 2010....
Recent visitors to the website have probably already noticed that we've updated the website with a brand new look and some new content.
 
As well as a full description of our services, two new sections have been added to the site. These include recent testimonials received from some of our clients and a links page with details of the websites of some clients and business network colleagues.
Income Tax Returns - 2009 
It's never too early to file....
The Revenue Commissioners recently announced that the deadline for filing your 2009 income tax return online using Revenue Online Services has been extended from 31st October to 16th November next.
 
Even though the deadline seems a long time away, we've already filed returns for 2009 for a number of clients.
 
Some clients elect to file early in the following circumstances:
 
- where they may be due a refund as a result of unused tax credits or possible overpayments in 2009
 
- where they would like advance warning of any liability they might have to pay in November. By preparing the return now you can find out how much you'll have to pay in November - you'll also have plenty of time to consider options to reduce your tax liability e.g. pension contributions.
 
If you would like to look at your income tax return for 2009 now please let us know and we can start work on them in the near future.
 
Non Principal Private Residence Charge 
€200 charge for 2010 now due for payment....
The Local Government (Charges) Act 2009 introduced a €200 annual charge on non-principal private residences. This charge is payable by the property owners to the local authority in the area where the property is located.
 
The liability date for 2010's charge was March 31st 2010. If you are liable for the charge then it must be paid within three months of the liability date i.e. by June 30th 2010.
 
Further details on the charge can be found on the Non Principal Private Residence website.
 
Unfortunately as owners of investment properties there isn't too much you can do to avoid paying the charge. However, we do file numerous returns for clients with rental income sources and work with them to minimise the associated tax charges. If any of your friends or colleagues need to file an income tax return as a result of earning rental income then please pass on our contact details if you feel they could benefit from our services.
That's about all for this first issue of our brand new newsletter. Please feel free to contact us if you have any items you would like included in future issues. We hope to send at least one newsletter a month with our latest news and reminders of forthcoming tax deadlines which may apply to you.
 
Until next month,
 

Joe Turner
Lynwood Resources
In This Issue
Our Website
Income Tax Returns - 2009
Non Principal Private Residence Charge - 2010
Lynwood
Resources
Website 
Home Page
 
 
 
 
 
 
CA Logo
Tax Deadlines - April
Some of the forthcoming tax deadlines in April include:
 P30 Returns - payroll taxes return for month of March or quarter ended 31st March due for filing before 14th April - deadline extended to 23rd April if you file online via ROS.
 
 RCT30 Returns - relevant contract taxes return for month of March due for filing before 14th April - deadline extended to 23rd April if you file online via ROS.
This Month's Competition:
There's a one year subscription to Business Plus Magazine up for grabs by answering the following question:
 
 In what year did I obtain a Masters In Accounting from UCD?
 
You'll have to visit our website to find the answer!
 
To enter the competition just send us an email with your answer. The first correct answer drawn from our hat will receive the prize - the winner will be announced in the next issue of our newsletter.