Over the last few weeks you may have a received a letter about “Reviewing and Correcting Your Tax Returns” . You do not need to be concerned about the letter unless you have undeclared income or assets, foreign pension income, bank accounts or assets located outside of Ireland. Thanks to changes in the 2016 Finance […]

Did you know the Dublin Chamber of Commerce elections are taking place now and you can vote by simply clicking here and using the PIN that Sandra Farrell (sandra@dublinchamber.ie) sent on Monday 16 January? Why you should vote You can have your business needs represented on the Council and influence national government policies that affect […]

If you want to pay your Local Property Tax liability with a single payment by cash, cheque, postal order, credit card or debit card, you must pay by 5pm tomorrow 11th January 2017 at the latest. If you wish to avail of a phased payment option such as Direct Debit, Deduction at Source or regular […]

In Budget 2017 Michael Noonan the Minister for Finance, announced the launch of Revenue’s consultation process regarding the modernisation of the Pay As You Earn (PAYE) system. This public consultation process will run until Sunday 12 December 2016. Any submissions received after this date may not be considered. PAYE Modernisation is planned to be operational […]

If you are a company secretary or director you would have got the following email from the Companies Registration Office, “European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2016”. What this email basically means all Companies should keep a register of the owner/shareholders names/beneficial owners who control or own more than 25% of […]

As you probably know next Wednesday 30th of November 2016 your limited company will be statutorily defaulted to a Model Private Limited Company. While this “Do Nothing” option may sound attractive there are a number of implications for companies and directors who allow a statutory default occur. • S.60 of the Act compels directors to […]

With file and pay deadline of 31 October (10 November for online returns) fast approaching, trying to reduce your tax bill and maybe even claiming a tax refund is on the forefront of most people’s mind, the following five steps could maybe help you reduce your tax bills going forward; 1. Invest in a pension, […]

If you believe current general opinion on revenue audits less than 4% of revenue audits are now selected on a random basis. The revenue is reportedly using a tool called Risk evaluation Analysis and Profiling – REA, to look for variations and unusual differences in certain sectors. However, if you ensure the following you might […]

As you are probably aware at this stage, the Companies Act 2014 was commenced on the 1st of June 2015. This was the single biggest piece of legislation enacted in the history of the state, and it represents a significant change for Irish Companies and Irish Company Directors. One of the new requirements of the […]

Thanks to new companies act 2014 it is has never been easier to set up a limited company. You now only need one director for a limited company, however you still need a company secretary. Unfortunately the director and the company secretary, can not be the same person. Most people are appointing their spouse, partner, family member or […]