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 electricity and / or gas bills Who can apply? Businesses that have; 1) Case I trade or Case II profession (company, self-employed individual, partnerships, charities that has trading activities, […]
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 rigorous selection criteria of performance, trust and customer centricity. We have been busy over the last 8 weeks working with the All-Ireland Business Foundation to achieve our Business All-Star Accreditation […]
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. Letter from Revenue to Employers and Payroll Agents Qualifying criteria from 1 January 2021 From 1 January 2021, the period to be reviewed to determine eligibility for […]
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 2021 A three-month waiver will apply to eligible businesses and will take the form of a credit in lieu of rates The value of the waiver is the equivalent value […]
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 that were not eligible for Covid Restrictions Support Scheme (CRSS) payments or previous Fáilte Ireland continuity grant schemes – TBCS is aimed at helping eligible tourism businesses offset their fixed costs and […]
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 COVID-19 Business Aid Scheme (CBAS). The aim of CBAS is to provide grants to businesses who are ineligible for other Government financial pandemic schemes such as; 1) Covid Restrictions Support […]
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 basis or part of the time at home and the remainder in the normal place of work e-working involves logging onto a work computer remotely sending and receiving email, […]
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 level (75% or more of turnover) because of COVID-19 restrictions that either prohibit or significantly restrict customers from accessing their business premises CRSS applies to businesses restricted by COVID-19 and […]
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 the credit to claim it. Applies to “qualifying expenditure” from a “qualifying service provider” incurred between 1st October 2020 and 30th April 2021. Qualifying expenditure is; a). Holiday accommodation b). Eat-in food […]
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 lockdown in order to refresh my skills and knowledge of Capital Taxes to ensure I can continue to provide the best tax consultancy advice to my clients. We provide tax […]
