Managing Debt Finance in Current Times
Colin Keane
The effects of Covid-19 have been dramatic for Irish businesses, and it is crucial that leveraged businesses actively engage with their lenders to prepare for the end of government supports and bank forbearance. Where Are We? It has been almost a year since the onset …
Future Proof Your Small Business with Cloud Technology
Conor Gallagher
Consumers are spending less overall but have increased their spending through digital channels. Spending online has increased in categories that are usually not bought online, such as groceries. …
Common Tax Rates & Bands 2020 and 2021
Common Tax Rates & Bands 2020 and 2021 Nearly all income is liable to tax. Tax on income that you earn from employment is deducted from your wages by your employer on behalf of Revenue. This is known as Pay As You Earn (PAYE). The …
Financial Support Towards Professional Brexit Related Advice
Are you a business looking to navigate your way through Brexit and are unsure what to do next? InterTradeIreland offers 100% financial support up to £2000/€2250 (inclusive of VAT) towards professional advice in relation to Brexit matters. This support can help your business get advice …
The Benefits of Having a Business Plan
A business plan can give clarity to decision making processes regarding key aspects of the business, such as capital investments or resourcing. A strong business plan will help business owners identify business priorities and areas of focus. …
Brexit Advice for Irish Businesses
Advice for Irish Businesses in relation to Brexit. …
Employers Paying Employees’ TWSS 2020 Tax Liability
Revenue will facilitate employers who wish to pay employees' 2020 tax liabilities. This applies to Income Tax (IT) and USC liabilities which arise due to the Temporary Wage Subsidy Scheme (TWSS). …
Ten New Year’s Resolutions for Business Owners
Plan for success this year, by creating ten new year’s resolutions for your business. Creating impactful resolutions for your business is likely to bring positive change. The beginning of the year is a great time to reflect on your business’ progress, reset and make changes …
Additional Information on E-Working Benefits
Revenue accepts that an employee will incur additional utility expenses in the performance of his or her duties while working from home. What is E-Working? Generally, e-working is regarded as a method of working, using information and communication technology, in which the work-related activity that …
The Small Benefit Exemption
Irish Revenue’s Small Benefit Scheme allows employers to reward their employees with a non-cash bonus of up to €500 in value, tax free each year. To qualify for the tax exemption, only one tax free bonus may be paid to each employee in any one …
