Grants for Proper Rate Payers in Budget 2024
The government's Budget 2024 brings good news for small and medium-sized businesses in Ireland. One of the standout plans is the Cost of Business scheme, designed to assist SMEs in dealing with rising business costs. …
How Can PAYE Workers Get a Tax Refund?
If you're a PAYE worker, there are various ways to claim back some tax from Revenue. Many reliefs and schemes often go unnoticed. We have outlined in the blog post some ways that you can get tax back from Revenue. …
Tax Deductions and Budget 2024 Updates for Landlords
As a landlord in Ireland, it's mandatory to declare all rental income to the Revenue Commissioners. If you're wondering about your rental income tax liability, please take a look at this guide to find out more about how to calculate, file, and reduce your tax …
Going for Growth | Supporting Female Entrepreneurs
Going for Growth is a program designed for determined women entrepreneurs in Ireland who want to grow their businesses. It's for owner-managers of businesses with at least two years of experience. The program emphasizes learning from peers through interactive sessions, led by successful entrepreneurs rather …
Local Enterprise Offices (LEOs) – Financial Supports
Local Enterprise Offices (LEOs) offer various financial supports tailored to aid in the establishment and expansion of enterprises. These include limited companies, individuals/sole traders, cooperatives, and partnerships with up to ten employees. In specific cases, businesses with ten employees or more may also qualify based …
Debt Warehousing – Phase Payment Arrangements
Revenue has recently started to write to some of our clients who availed of the Debt warehousing scheme and have outlined the following options: …
Employee Payments Reporting Requirements from 1 January 2024
Starting from January 1, 2024, a new rule introduced by the Finance Act 2022 (Section 897C) will require employers to share information about specific payments they make to employees and directors. …
VAT Rate for the Hospitality Sector Reverts to 13.5%
The VAT rate, which had been temporarily reduced to 9% in response to the challenges posed by the COVID-19 pandemic, has reverted to 13.5% on the 1st of September, 2023. …
Pension Relief
If you're a member of an approved pension scheme, you're eligible for income tax relief on your contributions to the scheme. It's important to note that income tax is applicable when you receive your pension income. …
Improving Your Business Cashflow
Cashflow is indispensable for your business and often outweighs earnings in importance. Maintaining a robust cashflow keeps your operations fluid and equips you to absorb unforeseen costs as they arise. …