We start this week’s episode of Inside Business with a look at how influencers have been reminded recently by Revenue of their obligations to pay tax on their earnings. Siobhan Maguire is a contributor to The Irish Times and wrote an excellent piece this week on this hot topic.
She joins host Ciarán Hancock on the line to go through the many ways influencers expose themselves to tax liability as outlined in a new guide issued by Revenue.
Is there such thing as a free dinner for influencers and what part does non-monetary compensation play?
Also on this episode, Ciarán speaks to young Dublin entrepreneur Luke Joyce about setting up Ireland’s first online subscription window cleaning service.
Michael Healy-Rae property business got €113,000 from State for housing Ukrainians last year
EU warns states against excessive support to offset surging energy prices
New savings scheme will involve tax cuts for the rich paid for by rest of the population
What tax liability arises if I send a cash gift to my daughter who is based in UK?
Luke grew up on a farm in Saggart, Co Dublin, did entrepreneurship at Maynooth University and then set up Thecleaningcompany.ie. The company has gone from strength to strength since it was established in 2019 with projected turnover of €2.5m for this year.
His success cleaning windows recently spurred him into launching new businesses painting houses and doing general maintenance work.
Produced by John Casey with JJ Vernon on sound.
