The Grey Area

  • Discover the tax reliefs and incentives many Irish business owners overlook — from pension funding and family employment to mileage claims, staff perks, and home office deductions. This guide highlights practical, compliant ways to reduce your tax bill and optimise your year-end planning, helping you make smarter financial decisions for your business. Read more

  • Thinking of reclaiming VAT on a converted vehicle? The rules aren’t as simple as your logbook or motor tax disc suggests. While N1 vans and crew cabs often qualify for VAT recovery, Revenue takes a stricter view on certain conversions — especially pre-2024 SUV-to-van jobs. Learn how the VRT vs VAT mismatch works, what Revenue… Read more

  • Leaving Cert results are out & now it’s decision time. For future farmers, the right CAO course isn’t just about education, it’s the key to the Green Cert and vital tax reliefs like Stamp Duty exemption, Stock Relief, and Agricultural Relief. Choose wisely today to secure smoother, cost-effective farm transfers and a stronger farming future. Read more

  • Irish landlords face the biggest rental shake-up in a generation. From March 2026, rent caps, six-year rolling tenancies and stricter eviction rules will apply nationwide. Add in high taxes and limited reliefs, and the numbers may not stack up. Here’s what landlords need to know and how to prepare. Read more

  • If you sell on platforms like Vinted, Depop, or Instagram, and your income from these sources is less than €5,000 in a tax year, you may not need to register for self-assessment. Instead, you can declare this income through a Form 12 via PAYE services on Revenue’s MyAccount. However, there are a few important pitfalls Read more

  • AIB has tightened up and become the strictest of Ireland’s retail banks when it comes to hybrid working arrangements. Staff are now to be in the office three days a week from the start of 2026. This new policy shifts the bank’s position (which required two office days), and follows the broader trend across the Read more

  • Update: The Companies Registration Office (CRO) has confirmed that the new audit exemption rules for SMEs commenced on 16 July 2025. Key points: This change offers welcome regulatory relief for small and micro companies in Ireland, reducing unnecessary audit costs for once-off delays. 📌 Original Post: Relief for SMEs: Audit Rule Change Takes Effect Read more

  • One of the most common personal finance dilemmas is whether to pay down debt or save for a rainy day first. It’s a tricky question and most people probably think they should park saving and work on getting their debt down first. My personal opinion, I’d say start with the rainy day fund. Why the Read more

  • Hello & welcome

    Why I Started This Blog (and Who It’s For) Hi, I’m Lisa Lokasto a Chartered Accountant, Chartered Tax Advisor, and a Director at a large Irish accountancy & advisory practice.But this blog? It’s something different. This is a personal project, where I’ll be sharing practical, plain-English advice on topics like business, finance, and tax, yes, Read more