COVID Supports Update
Colin Keane
Below is a summary of the COVID-19 Support Updates as updated in June 2021. The extension of the Employment Wage Subsidy Scheme to 31 December 2021. The extension and enhancement of the Covid Restrictions Support Scheme to provide additional support to businesses upon re-opening and …
COVID Supports for Music and Entertainment Sector
Conor Gallagher
This scheme opened for applications at 1pm on 9 June 2021 and will close on the 7th July 2021. A fund of €14m is available for the new scheme which will make a contribution to costs in businesses in the live entertainment sector that have …
E-Commerce Accounting Tips You Should Know
As an ecommerce business grows, finances become more complicated. All money in and out must be properly categorised, analysed and tax must be declared. Without having a proper accounting system in place, this can become overwhelming for business owners. The success of an ecommerce business …
SaaS Start-Up KPIs You Should Be Tracking
Many SaaS business founders are overlooking some of the key performance indicators (KPIs), they need to gain an accurate insight into their financial position, make informed decisions and measure their progress towards their business goals. The Five Types of SaaS Start-up KPIs There are five types of …
Tips to Optimise Expense Management for Start-Ups
All businesses should have proper expense tracking and reconciliation in place. However, many start-up businesses often look only at their overall outgoings each month. This can lead to spending more than the business can afford, calculating cash on hand and cash zero date incorrectly, and …
Everything You Need to Know About Automated Bookkeeping
Automated bookkeeping is when bookkeeping is completed using computer software. Automated bookkeeping has the ability to mimic human data entry in finance software tools, using artificial intelligence and machine learning technologies. Tools such as Xero, use automated bookkeeping to complete basic data entry, for example, …
The Benefits of Digital Transformation for Your Business
The pandemic heightened the awareness that digital transformation is not only about the future. More companies are realising they need to improve their digital capabilities, turning to areas such as e-commerce, remote working, and cloud accounting to protect their business. However, digital transformation involves radically rethinking of …
The Small Business Assistance Scheme Extends Eligibility
The Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar has extended eligibility for the €60m Small Business Assistance Scheme for COVID (SBASC) to include businesses operating from non-rateable premise like a home business or yard. The Tánaiste is also relaunching the Micro Enterprise Assistance Scheme so that …
Explaining the Research & Development Tax Credit
What is the Research and Development Tax Credit? The R&D Tax Credit is a valuable incentive to encourage research and development in Ireland. Businesses performing R&D can benefit from a refund of 25% on qualified expenditure. The R&D Tax Credit is open to all companies …
Promoting a Growth Mindset in the Workplace
A growth mindset refers to the belief that, understanding and abilities can evolve, and that our attitude and mindset have an incredible influence over our skills and abilities. People with a growth mindset can push the boundaries of what is possible, creating new business opportunities …
