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. …
Five Key Indicators of Effective Business Money Management
Remember, good financial habits don't develop overnight; they require dedication, discipline, and continuous improvement. Embrace a proactive approach to managing your business's finances, and you'll pave the way for sustainable growth, increased profitability, and a more secure future. …
SBCI Loans available
In this blog post, we'll delve into two distinct loan options provided by SBCI: the Energy Efficiency Loan Scheme (EELS) and the Growth and Sustainability Loan Scheme. Let's explore how these initiatives empower businesses to achieve their goals. …
How Can a Company Wind up Voluntarily
A Company can apply for Voluntary Strike Off (VSO) if it has less than €150 in assets and/or liabilities and all Revenue and Companies Registration Office returns have been filed up to date. In this blog post, we have outlined the required steps. …
Role of Accounting in Mergers and Acquisitions
If you're considering merging or acquiring your business, don't hesitate to reach out to Gallagher Keane for expert guidance and support. …
Accounting Cybersecurity: Keeping Financial Data Secure & Safe
Accounting plays a critical role in managing cybersecurity risk, especially in safeguarding financial data and ensuring the financial stability of your business. With Gallagher Keane's expertise in cybersecurity risk management, your organisation can rest assured that your finance systems are fortified against cyber threats. …
Understanding the Impact of ESG Reporting Requirements on Irish Organisations
In Ireland, the Corporate Sustainability Reporting Directive (CSRD) has been introduced to enhance the quality, comparability, and relevance of ESG reporting by companies in the European Union (EU). In this article, we will explore the implications of ESG reporting requirements on Irish organisations, highlighting their …