Non-Resident Landlord Withholding Tax Changes from 1st of July 2023
The Finance Act 2022 has recently implemented important modifications to the responsibilities of tenants and collection agents of non-resident landlords. These amendments aim to streamline the process and ensure proper taxation procedures. …
Cash flow management: A guide for B2B and B2C business owners
Managing cash flow effectively is essential for the success of any business. It involves regularly reviewing your cash flow statement, staying organised with invoicing and payments, negotiating with suppliers, and maintaining optimal inventory levels. …
A Guide On How To Sell Your Business Successfully
If you are considering selling your business, our comprehensive ten-point guide is here to assist you in securing the best possible deal. …
12 Rules for Electronic Storage of Tax Records/Documentation
In Ireland, the Revenue Commissioners provide guidelines for the electronic storage of tax records and documentation. Here are the key rules to consider... …
How Long Does a Business/Individual Need to Keep Financial Records For?
Documents must be kept for 6 years, however it is important to note that specific circumstances or legal requirements may require you to retain certain records for a longer period. It's advisable to consult with a professional accountant or tax advisor to ensure compliance with …
What VAT Can a Business Recover?
In Ireland, businesses can generally recover the Value Added Tax (VAT) they pay on goods and services purchased for use in their business activities, provided that they are registered for VAT themselves. …
Strategies to Improve Employee Attraction and Retention
In a competitive hiring environment, it's essential for employers to take proactive steps to retain their talented employees. Here are some employee retention strategies worth considering for your company. …
Five Monthly Reports Every Small Business Should Monitor
By monitoring these five reports regularly, you can gain insight into your business's financial performance and make informed decisions to improve profitability and ensure long-term success. …
Claim Tax Back on Flat Rate Expenses
Flat rate expenses refer to costs incurred by an employee on items that are necessary to complete their work. This equipment may include tools, uniforms and stationery. …
How an Accountant Can Help You in Your Business
Having an accountant isn’t just good business practice that ensures your business’s financial health and a stress-free tax season, but a guide to the broader world of professionals who can support you in making decisions that will help you and your business develop and grow. …