Benefit in Kind Exemptions on Use of Company Vehicles
Conor Gallagher
There are two scenarios where Benefit in Kind (BIK), may not be triggered for employees when using company cars. Car Pools If your employee uses a company car in a car-pool, they do not have to pay PAYE, PRSI and USC on this benefit. A car-pool exists …
Digital Banks. An Alternative Bank for Your Business
A Digital Bank Operates Solely Online A digital bank is more than just an online account. It is a banking organisation that operates solely online. Digital banks give business owners a whole new banking experience. These banks are also known as challenger banks or online …
Accounting: A Guide for SaaS Start-up Founders
A Guide to Accounting for SaaS Start-Up Businesses Software is one the fastest-growing industries worldwide. As we move to a digital-based world, software as a service, known as SaaS, becomes more prevalent and profitable. It is important that SaaS start-ups have the right accounting system …
What You Need to Know About Virtual Bookkeeping
Colin Keane
virtual accountants manage your business’ day-to-day financial tasks such as recording financial transactions, reconciling bank and credit card accounts, and processing your payroll. Traditionally, accountants need to visit your workplace to manage these financial tasks. …
What Is Accounting and How Important is it for Start-up Businesses?
Start-Up Businesses Require Solid Accounting Practises in Order to Gain an Accurate Picture of Financial Health A start-up business requires solid accounting practises in order to allow founders, business leaders and financial managers to gain real-time visibility to an accurate picture of its financial health. The unpredictable …
Guide to Choosing an Accountant Online
As a business owner, an accountant can significantly help your financial needs as you grow. Ensuring you hire a reliable accountant for your business, will help save you money and time in the long run. Choosing an Accountant Online Many businesses are now operating fully remotely …
Reasons to Hire a Personal Tax Accountant
Five Reasons to Hire a Personal Tax Accountant Running a small business often means that in order to save money, the business owner must do many of the tasks that come with business ownership themselves. However certain tasks can be left to professional service providers, …
The Benefits of Outsourcing Your Finance Function
In most cases business owners do not go into business to be a trained finance professional, overseeing the books. Outsourcing your finance function provides business owners with more time to focus on other areas of the business, such as growing the business and company strategy. …
Irish VAT due to Increase to 23%
The Standard Rate of Irish VAT is due to increase to 23% with effect from March 1st 2021. The rate had been reduced to 21% for a six month period from 1 September 2020 to 28 February 2021. The Minister for Finance has recently indicated …
2020 Personal Tax Return Checklist
Period 1 January 2020 to 31 December 2020. We have created a tax checklist to help you with your personal tax returns. Tax Returns and Tax Payments due for submission on or before 31 October 2021. Click below to avail of this Personal Tax Return …
