Everything You Need to Know About VAT and Registering for VAT in Ireland
VAT is the tax added to the value of goods and services at each stage of production, distribution, and sale to the end consumer. Once a business owner has completed VAT registration, they are obliged to charge VAT on the products and services they sell. …
SaaS Start-Up KPIs You Should Be Tracking
Many SaaS business founders are overlooking some of the key performance indicators (KPIs), they need to gain an accurate insight into their financial position, make informed decisions and measure their progress towards their business goals. The Five Types of SaaS Start-up KPIs There are five types of …
Tips to Optimise Expense Management for Start-Ups
All businesses should have proper expense tracking and reconciliation in place. However, many start-up businesses often look only at their overall outgoings each month. This can lead to spending more than the business can afford, calculating cash on hand and cash zero date incorrectly, and …
The Benefits of Digital Transformation for Your Business
The pandemic heightened the awareness that digital transformation is not only about the future. More companies are realising they need to improve their digital capabilities, turning to areas such as e-commerce, remote working, and cloud accounting to protect their business. However, digital transformation involves radically rethinking of …
Explaining the Research & Development Tax Credit
What is the Research and Development Tax Credit? The R&D Tax Credit is a valuable incentive to encourage research and development in Ireland. Businesses performing R&D can benefit from a refund of 25% on qualified expenditure. The R&D Tax Credit is open to all companies …
Promoting a Growth Mindset in the Workplace
A growth mindset refers to the belief that, understanding and abilities can evolve, and that our attitude and mindset have an incredible influence over our skills and abilities. People with a growth mindset can push the boundaries of what is possible, creating new business opportunities …
Help to Buy Incentive
The Help to Buy (HTB) incentive is a scheme for first-time property buyers. It will help you with the deposit you need to buy or build a new house or apartment. You must buy or build the property to live in as your home. The …
Send Personalised Invoices Using Xero
Xero’s Intuitive Invoicing Software Allows Businesses to Work Smarter Managing your business using Xero has many benefits. Xero can save you hours each month, using various automated features. Xero’s invoicing features have many benefits that can help make running your business easier, and help you get paid faster! Xero’s …
Reasons to Hire a Personal Tax Accountant
Five Reasons to Hire a Personal Tax Accountant Running a small business often means that in order to save money, the business owner must do many of the tasks that come with business ownership themselves. However certain tasks can be left to professional service providers, …
The Benefits of Outsourcing Your Finance Function
In most cases business owners do not go into business to be a trained finance professional, overseeing the books. Outsourcing your finance function provides business owners with more time to focus on other areas of the business, such as growing the business and company strategy. …