Did you know under the Revenue PAYE (Employers) Compliance regulations updated in May 2018 that you can be fined up to €4,000 for each breach of PAYE Regulations? The following 5 points may help reduce the possibility of large fines: Consider registering all employees on ROS and maybe ask all of your current and new […]
How to download Bank of Ireland and AIB statements on to your PC
One of the best things about online banking is you can download your current account into excel, upload it to accounts software or use it do a bank reconciliation on your computer. Here are the steps required for Bank of Ireland and AIB: Bank of Ireland: Log on to Banking 365. Click on the bank […]
GDPR Privacy Notice
1. Definitions In this Privacy Notice the following definitions shall apply: “Client Personal Data” means any personal data provided to us by you, or on your behalf, for the purpose of providing our services to you, pursuant to our engagement letter with you; “Controller” means— a) a competent authority that, whether alone or jointly with […]
4 Items Required to Register a Company in Ireland
Due to Brexit, you may be thinking of setting up a company in Ireland? There are many advantages. Ireland has one of the lowest tax rates in the European Union: 12.5%. Irish laws are based on common law, the same as the UK legal system. English is an official state language. And it only takes […]
4 Business expenses you should not be claiming
You may have read about the revenue consultant probe that has reportedly yielded large sums in fines, penalties and interest. If you incorporated your business within the last seven years and claimed goodwill, you should consider contacting your tax advisor to see if the goodwill they put in your accounts on incorporation is in line […]
Mandatory Electronic Filing for the Companies Registration Office (CRO)
From 1st June 2017 it will be mandatory to file the following forms electronically. * B1 – Annual return (including financial statements and electronic payment) (more…)
What you need to do about Revenue letter “Reviewing and Correcting Your Tax Returns”
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 […]
Dublin Chamber Elections 2017
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 […]
LPT (Local Property Tax Deadline) is tomorrow Wednesday 11 January 2017
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 […]
You can influence PAYE Modernisation until Sunday 12 December
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 […]