Small Benefit Exemption
Colin Keane
Previously the Small Benefit Exemption allowed employers to provide a one off gift with a value not exceeding €500 recent changes mean employers can now provide employees a maximum value of €1,000 in any tax year. Employers can give up to two vouchers or gifts …
Open Your Business to The World by Moving to The Cloud
Conor Gallagher
Discover how moving to the cloud will help your business achieve financial finesse. …
Tips to Streamline the Month End Close for Start-Up Businesses
Each month, businesses must undergo an accounting month end close process to verify account balances, identify and solve any discrepancies and produce monthly financial statements. This provides strong insight into the financial health of a business. Bookkeepers and accountants tend to start the monthly close …
Independent Contractors and Employees
The Difference Between Independent Contractors and Employees As start-ups and newly formed businesses map out their growth and hiring plans, its not abnormal to prioritise a mix of full-time employees and independent contractors for various reasons. There are important distinctions between independent contractors and employees …
How to Create a Start-up Budget from Scratch
Creating an effective budget is crucial to setting your business up for success. Without a clear understanding of your expected costs, the amount you need to succeed, and the amount of capital you have on-hand at any given time, you’ll likely never to be able …
Preparing for Hybrid Working
To make hybrid working successful, employers must be as open-minded and flexible as possible. The transition to remote working upended our traditional views of the workplace and the purpose it serves. Most organisations have shifted from the conventional view of the workplace as 100% on-site, some …
Best Practices for Corporate Credit Card Management
Every business needs to have strong procedures in place to track money being spent by employees on behalf of the business. The larger the business grows, the more complex this becomes. Some businesses use traditional employee reimbursement programs, others use corporate credit cards. This article …
How Lean Practices and Automation Can Transform Your Business
Many business owners are wary of automation and artificial intelligence, and the impact these have on client relationships. Some business owners feel that it can lead to a dehumanisation of work practices that will cause a poor connection with clients. However, introducing digital practice management …
How Working with an Accountant Can Benefit Your Small Business
From bookkeeping to business advice, there are many benefits to why your small business should work with a professional accountant. Outsourced accounting, bookkeeping and tax services have become a more common solution for small businesses today. Working with an accountant provides many advantages to small businesses, which …
Top Tips for Filing Your Self-Assessment Tax Return
The deadline for filing your self-assessment tax return is approaching. The official deadline is October 31st 2021. However, this can be extended if you use Revenue’s Pay and File system to pay, and file using Revenue Online Service (ROS). The extended Pay and File deadline …
