Why a Business Needs Financial Forecasting
Forecasting is extremely important for any business, but unfortunately, many small businesses do not put a forecast in place. Business owners are often too busy solving problems and searching for the next sale and ignore the forecasting process. …
New Minimum Wage
The government approved a plan for a new national Living Wage to be introduced. The living wage rate will be phased in over a four-year period beginning January 2023 …
Entrepreneur Tax Relief
This relief gives a CGT rate of 10% on gains from the disposal of qualifying business assets. This is reduced from the normal rate of 33%. …
Taxation of Crypto Assets in Ireland
The question of whether a trade of dealing in crypto-assets is taking place or has taken place depends on several factors and the individual circumstances. The use of the word ‘trade’ in this context is not sufficient to be regarded as a financial trade for …
What is the Maximum Annual employee Pension contribution?
The Government today announced a further loan scheme to help SMEs access low-cost finance, recognising that many of them are still getting back on their feet after what has been an incredibly challenging few years. …
Government Announces €85m fund to help SMEs embrace Digital Technology
The Government today announced a further loan scheme to help SMEs access low-cost finance, recognising that many of them are still getting back on their feet after what has been an incredibly challenging few years. …
How do you determine if a consultant is an employee or self-employed?
When an individual is setting up a consultancy role with a potential client it is important that they are certain if they should be structured as an employee or can they be structured as self-employed. We have outlined below some points that should help individuals …
Options for Companies with Non-EEA Directors
Gallagher Keane provide professional accounting, tax, and financial advice. We can help you to make better informed business decisions to reach your goals effectively. …
Government Launches Further Low cost COVID-19 Loan Scheme to Help Businesses
The Government today announced a further loan scheme to help SMEs access low-cost finance, recognising that many of them are still getting back on their feet after what has been an incredibly challenging few years. …
Is there any Differences between Director Fees and Director Salaries?
From a tax perspective in Ireland the answers is no, and must be treated in the exact same manner. Payment of Director Fees Fees paid to directors in their capacity as office holders, are chargeable to tax under Schedule E and subject to deductions at …