Credit Card Payments

[Korky]

Text from the NTA earlier...
Card Payments: Under the European Payment Services Directive (PSD2), from 13th January 2018 it is illegal to add any additional charge to customers for payment by credit or debit cards covered by this Directive, which includes Visa and Mastercard. This new law supersedes the previous arrangement for taxis where a charge of up to 5% could be added.

Details of this are also available on our website under latest news.

Kind regards,
National Transport Authority

[Jack Meoff]

Heard a few blokes saying today “fook that, I’m still going to charge 5%”
Imagine going into a garage for 50 bucks of fuel and yer man saying he’s going to charge you 5% for the privilege of paying by card.

[mercenary for hire]

You'd probably just use cash instead next time.Even though I have cards I never leave without cash.We're not like a garage though,they can adjust their prices for juice and all the other crap they sell to make up any card charges.We're told what we can charge by the NTA other businesses have some flexibility.I see Ryanair just introduced a new baggage charge.There are taxi drivers who don't wanna charge the PUC.Bizzare industry we're in.

[The Liffey Lip]

I'm not taking anything personally, LL. Just pointing out that using an accountant doesn't decrease the likelihood of being selected for audit. I know blokes (including myself) who have done their own returns for over 20 years (not bothering to pay for several years in my own case - resulting in the 4 figure sum I had to hand over for my first TC2 when that was introduced in 2004) and have never been selected for audit. However, our culture is changing quite rapidly and our earnings are becoming easier to ascertain. While we are small fry, we are getting easier to audit with the balance tipping from investigating lifestyle to investigating documented income. Hence, regardless of who submits your return, it's more important than ever to maintain proper verifiable records in accordance with the law. The days of the 100 buck accountant asking you nothing more than how much tax you want to pay are coming to an end and that end is likely to be a bitter one for some.

I believe the big 4 charge out their straight from school juniors at c.€220/hour. You'd need to remortgage your gaff to have a coffee with a partner or senior associate in one of those firms. Even in small firms partners/associates don't come cheap. Maybe you get what you pay for?

Yeah you do get what you pay for. Being paranoid when it comes to the state and their sneaky ways didn't come naturally to me. I know the 4 yr rule regarding you claiming back your entitlements doesn't work the other way around. Brother had a business not so long ago and I can tell you his headaches taught me a lesson....pony up, unless as in your case, you are educated and competent in the field of accounting...I'm not and neither was he but he cut those corners.....especially when her indoors was sticking her nails in.