Blog
Accountancy & Financial Services Blog
Diploma In Tax
I was delighted to receive my final results for the Diploma in Tax with the Irish Tax Institute. On a personal level, this is also
Temporary Business Energy Support Scheme (TBESS) – Effective from 1st September 2022 to 28th February 2023
Background Introduced in Budget 2023 and effective from 1st September 2022 to 28th February 2023 to support businesses who have experience significant increases in their
Statutory Sick Pay (SSP) (Ireland) – Effective from 1st January 2023
Background The statutory sick pay scheme will be rolled out over four years, commencing 1st January 2023 Under this new legislation, from 2023, employers will
Benefit in Kind (BIK) Ireland – Effective from 1st January 2023
BIK applies where an employer provides a company car or van (without transfer of ownership) to an employee for their personal use Benefit-in-kind: Company
Small Benefit Exemption Scheme (Ireland) – Effective from 2022
Under the Government’s Small Benefit Tax Exemption policy, businesses can reward their staff up to €1,000 once per year completely TAX FREE. The exemption is
Greally Accountants and Tax Advisors achieves Business All-Stars Accreditation
Greally Accountants & Tax Advisors have been awarded with the coveted Business All-Star Accreditation. This is an independently verified standard mark for businesses based on
Letter from Revenue to Employers and Payroll Agents
Revenue has published a list of employers who received payments in 2020 under the EWSS. An updated list will be published at the end of March 2021.
Commercial Rates Waiver Ireland Quarter 1 2021
The Department of Housing, Local Government and Heritage released information in relation to the waiver of commercial rates due to COVID-19 restrictions for Quarter 1
Fáilte Ireland Tourism Business Continuity Scheme (TBCS)
On 1st February 2021, Fáilte Ireland announced details of a new €55 million Tourism Business Continuity Scheme, which is intended to support those tourism businesses
COVID-19 Business Aid Scheme (CBAS)
On 9th February 2021, Government announced measures worth €160 million to assist businesses during the pandemic. Included in these measures will be a €60 million
Working From Home Tax Relief: e-Working and home workers tax relief
Employer considerations if paying employee €3.20 per day allowance e-working is where your employee works either at home on a full time or part time
Covid Restrictions Support Scheme (CRSS)
Background Announced on Budget Day 13th October 2020 CRSS provides support to businesses that are forced to close temporarily or operate at a significantly reduced
The Stay and Spend Scheme Tax Credit
Available for 2020 and 2021 Can be used against Income Tax or USC. You must have an Income Tax or USC liability to offset against
Certificate in Capital Taxes for Private Clients
“I am delighted to have recently passed the Irish Tax Institute Certificate in Capital Taxes for Private Clients. I undertook this assignment during the Covid-19
July Stimulus Package – VAT Rate Reductions
– As part of July Jobs Stimulus Package, there will be a six-month reduction in the standard rate of VAT from 23% to 21%, from
Employment Wage Subsidy Scheme – Key Points for Employers
The COVID -19 Temporary Wage Subsidy Scheme (TWSS) will cease on 31st August 2020 and will be replaced by the new Employment Wage Subsidy Scheme
€1,000 Sole Trader / Self-Employed Enterprise Support Grant COVID-19 support for Micro-Enterprises
The Grant applies to those self-employed individuals that do not pay commercial rates and hence did not qualify for the initial Restart Grant Plus Scheme
Audit Exemption for Small Companies & Micro Companies
A small company is a company that meets two of the three following criteria; Balance sheet total does not exceed €6m Turnover does not exceed
Register of Beneficial Ownership
Obligation to File and Maintain Beneficial Ownership Information before deadline date 22 November 2019 The European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations
