LEO Dublin City Energy Efficiency Grant Update July 2024
Are you a business owner in Dublin City looking to make your operations more energy efficient? Great news! The Local Enterprise Office (LEO) Energy Efficiency Grant has been updated, offering substantial support for investing in energy-efficient technologies and equipment. …
Supports For Businesses Going Green
As Ireland commits to reducing carbon emissions by 51% by 2030 and achieving climate neutrality by 2050, businesses play a crucial role in this transformation. Investing in sustainable practices not only helps meet these ambitious goals but can also position your company as a leader …
Funding and Grants for SMEs from Enterprise Ireland
Securing funding and grants can significantly impact Small and Medium Enterprises (SMEs) aiming to expand operations and enhance their market presence. Enterprise Ireland, a key agency supporting Irish businesses, offers a range of funding options designed to drive growth, innovation, and international expansion. …
Understanding Maintenance Payments and Taxation: Income Tax Credits and Reliefs
When a couple separates, they may agree that one partner will make maintenance payments to support a child or former partner. These payments can be part of a legal agreement or a voluntary arrangement between the former partners. …
Episode 1: Comprehensive Guide to Tracking Key Performance Indicators (KPIs)
Welcome to our weekly episode guide on Tracking Key Performance Indicators (KPIs). Each week, we will post an episode offering advice on how to effectively track and utilise KPIs to enhance your business performance. In this episode, we will cover five essential financial KPIs that …
Understanding Transborder Workers’ Relief
Transborder Workers' Relief is a tax relief available to individuals who are residents of Ireland but travel daily or weekly to work in another country where they pay tax. This relief ensures that such individuals are not doubly taxed on their income, providing significant financial …
Auto-Enrolment: A New Pension Scheme
Starting January 2025, a new pension savings scheme called Auto-enrolment will be introduced in Ireland. This initiative is designed to enhance retirement savings for employees who are not currently contributing to a pension plan. Here’s what you need to know about Auto-enrolment and how it …
When is there no BIK on a Company Car?
Understanding when Benefit-in-Kind (BIK) tax does not apply can help optimiSe the use of company-provided vehicles and potentially save on taxes. This article explores scenarios where BIK is not applicable, including the use of car-pools and electric vehicles, and outlines the specific conditions and exemptions …
What Expenses Can you Deduct as a Sole Trader?
When calculating the profit for your business, you may be able to claim a deduction for expenses incurred. Expenses are claimed through the Revenue Online Service (ROS) on Form 11. …
Revenue’s Business Division Level 1 Compliance Project
Revenue has announced the launch of a Level 1 bulk compliance project targeting two specific taxpayer cohorts based on their 2022 income tax returns. In the coming weeks, affected taxpayers will receive letters asking them to review and amend their returns if necessary. …