12 Rules for Electronic Storage of Tax Records/Documentation
Amanda Souza
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. …
Part or All of Redundancy Payments Can Be Tax Free
In this blog post we have outlined the potential tax-free elements for lump sum payments received on termination of office or employment. …
When Filling Out the Forms A1, B1, B10 and B69, Company Directors Will be Required to Provide Their PPS Numbers
From 23 April 2023, when filling Forms A1, B1, B10 and B69, company directors will be required to provide their PPS numbers. The PPS number will be used for identity verification to ensure that the company director is alive and is a natural person …
Grants/Funding available from Enterprise Ireland
Enterprise Ireland supports manufacturing development and international trade. There are many different types of funding and grants available for companies of different sizes to take advantage of, which are outlined below, categorised by their specific criteria. …
