Will your party do anything to reform the following for small business? It is becoming more and more expensive to set up a sole trader in Ireland. One of the main barriers is the cost of employment. Up until 2012 there was a statutory redundancy rebate of up to 60% paid by the state towards […]

What is the register of beneficial owners and do we need to register?
Beneficial Owner
New Year, New PAYE reporting
Did you know the revenue have changed PAYE, since the 1 January 2019 there are no more P45, P60s or annual P35s and under Revenue PAYE (Employers) Compliance regulations updated in May 2018, you can be fined up to €4,000 for each breach of PAYE Regulations? The following 4 points may help you comply with […]
What Preliminary tax is and when it should be paid
Preliminary tax is your estimate of the Income Tax, Pay Related Social Insurance (PRSI) and Universal Social Charge (USC) or Corporation tax that you expect to pay for a tax year. You must pay this by 31 October of the tax year in question if you are an individual or if you’re a company about […]
How a pension can reduce your tax bill
You may have a few days left to file and pay your tax and might be searching for ways to reduce your tax liability before the November deadline for your individual return, or the December deadline for you company. One of the ways people reduce their tax liabilities and prepare for their future, is by […]
The Companies Registration Office (CRO) are not accepting Cheques
Chances are if you have a 31 December year end you will have to pay for your annual return on or before next Monday 29th October. If you do you may notice the Companies Registration Office (CRO) will not accept your cheque which could mean you miss your CRO filling deadline, incur late filling fees […]
5 Simple steps to help avoid Revenue fines of up to €4,000 for each breach of Employer PAYE Regulations
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 […]