2020 Personal Tax Return Checklist
Colin Keane
Period 1 January 2020 to 31 December 2020. We have created a tax checklist to help you with your personal tax returns. Tax Returns and Tax Payments due for submission on or before 31 October 2021. Click below to avail of this Personal Tax Return …
What Investors Look For
If you decide to seek external funding for your business, it is important to know what potential investors look for in an investment opportunity. Pitching your start-up idea can be intimidating, so we have outlined the most important things that an investor wants to know …
Building a Start-Up Financial Model
Conor Gallagher
A comprehensive financial model allows you to have good visibility into how your start-up’s financials will look down the line. Many early-stage businesses do not have a financial model in place, assume they do not need one at this point and are put off by …
How to Raise Pre-Seed Funding for Your Start-Up
Most start-up businesses raise money to accelerate and support their growth through a series of funding rounds. If you are a first-time founder and your business is still in the proof-of-concept stage or not yet generating enough revenue to support your growth or expansion, you …
Is there any Differences between Director Fees and Director Salaries?
From a tax perspective in Ireland the answers is no, and must be treated in the exact same manner. Payment of Director Fees Fees paid to directors in their capacity as office holders, are chargeable to tax under Schedule E and subject to deductions at …
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 …
Benefit in Kind Exemptions on Use of Company Vehicles
There are two scenarios where Benefit in Kind (BIK), may not be triggered for employees when using company cars. Car Pools If your employee uses a company car in a car-pool, they do not have to pay PAYE, PRSI and USC on this benefit. A car-pool exists …
Digital Banks. An Alternative Bank for Your Business
A Digital Bank Operates Solely Online A digital bank is more than just an online account. It is a banking organisation that operates solely online. Digital banks give business owners a whole new banking experience. These banks are also known as challenger banks or online …
Accounting: A Guide for SaaS Start-up Founders
A Guide to Accounting for SaaS Start-Up Businesses Software is one the fastest-growing industries worldwide. As we move to a digital-based world, software as a service, known as SaaS, becomes more prevalent and profitable. It is important that SaaS start-ups have the right accounting system …
What You Need to Know About Virtual Bookkeeping
Deciding Between On-Site and Virtual Bookkeeping If your business is considering hiring a bookkeeper, one of the decisions you need to make is between having an on-site or virtual accountant. Choosing to work a company that provides virtual bookkeeping has many benefits for your business. …
What Is Accounting and How Important is it for Start-up Businesses?
Start-Up Businesses Require Solid Accounting Practises in Order to Gain an Accurate Picture of Financial Health A start-up business requires solid accounting practises in order to allow founders, business leaders and financial managers to gain real-time visibility to an accurate picture of its financial health. The unpredictable …
