Put Money Back in your Pocket by Understanding PAYE Taxation with Alan Purcell (PART 1)
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In this episode, we’re diving into the intricacies of PAYE taxation in Ireland with Alan Purcell, a Chartered Accountant and tax expert from Cloud Accounts. Alan is our first guest who's an Irish Chartered Accountant, and has made it his mission to simplify personal taxation for everyone. In Part One of our chat, Alan breaks down the complexities of the PAYE system, highlights key differences between Irish and international tax systems, and shares tips on maximizing your tax returns. Whether you’re relocating to Ireland or just looking to understand the Irish tax system better, this episode is packed with information that could put money back in your pocket. Enjoy this week's episode, and don’t forget to check back in two weeks for the second installment of my enlightening discussion with Alan! Main Topics discussed in this Episode: Alan discusses the basics of the PAYE system and its significance for expats and residents alike.Insights into how Ireland’s PAYE system compares with other countries, potentially affecting expats transitioning from different tax jurisdictions.Practical advice on how to ensure you’re not leaving money on the table with the Irish Revenue.Alan emphasizes the importance of being registered and active on Revenue.ie to manage and potentially benefit from tax returns.Detailed discussion on various tax credits and reliefs available in Ireland that expats and residents may not be fully utilizing.Alan shares common mistakes people make regarding tax filings and how to avoid them.Strategic advice on planning for future tax years and making informed financial decisions based on one’s tax situation. Contact Alan Purcell Alan's Website: https://www.cloudaccounts.ie/ Instagram: https://www.instagram.com/cloudaccountsireland/ Book a Consultation with Alan: https://calendly.com/cloudaccounts/cloudaccounts-consultation Recommended by Alan The Remote Bookkeeper: https://www.instagram.com/remotebookkeeper/ ***** If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at [email protected] or leave a rating and review on Apple Podcasts or Spotify. Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/. Mentioned in this episode: Special Offer from our Trusted Partner, Currencies Direct This episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when...
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