Accountants for Nurses
Accountants for Nurses
We take the hassle out of tax
Our seamless, simple service means peace of mind – you’ll know everything’s handled by experts.
Accountancy & Taxation Services for Nurses
• Our team can offer guidance surrounding your personal circumstances
• Rental income, Investment income, Tax Planning
• Prepare and submit your tax return
• Pension and investment planning
• Accounting & Taxation
• We advise you of all available relief and allowances to assist you in minimising your income tax liabilities.
Flat Rate Expenses
Let’s start with flat rate expenses – these are available to workers in a wide variety of industries.
The purpose of flat rate expenses is to reduce the costs associated with work (such as uniforms, tools and equipment).
The amount that can be claimed varies from employment to employment. The good news for nurses is that you may be able to claim back as much as €733 per year.
This could trigger a tax refund of approximately €1,500 over a 4 year period.
Medical expenses
Medical expenses are perhaps the most common type of tax relief available to Irish workers. It’s also one of the most underutilised – only 4 in 10 workers claim this tax relief every year.
Put simply, if you’ve been to the doctor or the dentist in the last 4 years, it’s pretty likely you will due some money back.
Here’s some examples of medical expenses that qualify for relief:
Doctor and Consultants Fees – you can claim 20% in tax relief on the cost of every visit.
Prescriptions – you can also claim tax relief on the cost of prescriptions. Relief is also available on costs incurred from a coeliac or diabetic diet, as advised by your doctor.
Physiotherapy – you can claim tax back if your doctor refers (that’s the important bit they must refer) you to a physiotherapist, chiropractor or osteopath.
Diagnostic procedures – X-Rays, MRIs, CAT scans and other diagnostic procedures are eligible for tax relief.
Eye care – There is a long list of optical treatments which qualify for tax relief
Tuition fees
If at any point in the last four years, you paid for tuition fees for yourself or someone else, there is a good chance you can claim tax relief on the expenses incurred.
Whether you’re just out of college or still paying for third level fees – this is an important tax relief to be aware of as it could save you a lot of money.
Tax relief is given at the standard rate of tax which is 20%. However, there is a limit to fees, at €7,000 per course, on which you can claim relief.
Year of marriage tax relief
Got married in the last four years?
In the year you’re married, both you and your spouse will continue to be treated as single people for tax purposes.
In other words, you may be due tax back if you paid more tax in the year you got married than you would have if you had been treated as a married couple.
This is a really common type of tax relief that married couples can claim. So, if you’re recently married, it’s worth investigating how much you can claim.
Pension contributions
While you’re employed, and making pension contributions, you may be entitled to tax relief.
- If you’re paying pension contributions through salary deduction, your tax relief is applied automatically at source
- If you pay by Direct Debit, you need to claim tax relief from Revenue.
You can also claim tax relief on deductions from your Gratuity Lump Sum and any Single Premium AVC contributions you may make.
We understand how clients feel about unexpected charges and therefore we quote a fixed fee for our recurrent services. Fees for the non-recurrent services would be based upon the time involved and would be agreed prior to the work being carried out.
What clients say about us
With over two decades of experience, we have tirelessly built a reputation on the reliability, integrity and success of our work. Hundreds of companies and individuals across Dublin and the Ireland trust us for a wide range of accounting services, tax planning services and business advisory. These testimonials reflect the hard work we put in every day to delight our clients and make managing their accounts easier.
Meet our people
It is our people who make us what we are today and our team’s commitment to our clients is evident in everything we do. Our team has great technical expertise but we also possess the ability to explain even the most complex of issues in a practical way.
For any business related matters, tax advice or financial planning, you can directly get in touch with a member of our team.
Ross Lynam - CFA
Taxation & Wealth Management Director
Sumit Solanki - ACCA
Director
Noreen Byrne
Financial Controller
Bernie Drennan - ACCA
Senior Accountant
Kevin Lawlor
Life Assurance & Pensions Director
Deirdre O'Reilly
ACA Accountant
Bojana Duric
Bookkeeping & Payroll Team
Sri Katta
CFA
Whether you are looking for a new accountant or to change your current one, we are here to help:
Dublin Office:
10 Anglesea House,
63 Carysfort Avenue,
Blackrock,
Co. Dublin
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