2024 Changes to the R&D Tax Credit
Amanda Souza
The modifications detailed below will be effective for accounting periods commencing on or after 1 January 2024. …
Share Option Changes in 2024: Essential Information for Employers
This is what employers need to know about share option changes in 2024. …
CGT Deadline Reminder 31st January 2024
As we step into the new year, it's crucial to be mindful of pending financial responsibilities, especially when it comes to Capital Gains Tax (CGT). The dates for both payment and filing are intricately linked to when you sell, gift, or transfer an asset. …
Benefits of Outsourcing your Business’s Financial Function
Outsourcing your accounting needs is one of the most useful strategies SME owners can use to maximise their growth potential. …
2023 Mortgage Interest Tax Credit
There is now a temporary one-year Mortgage Interest Tax Credit. The credit is for taxpayers who have made payments in respect of a qualifying loan for a principal private residence. The mortgage interest tax credit is only available for the year 2023. …
National Minimum Wage increase on 1 January 2024
The national minimum hourly rate will become €12.70 on 1 January 2024. …
Capital Gains Tax Payment: Key Dates and Procedures
When and how do you pay Capital Gains Tax? Due dates are 15th December and 31st January depending on disposal. …
2024 New Payroll Reporting Obligations for Employers
Revenue have released enhanced reporting requirements for employers to take effect on 1 January 2024. Employers will be required to electronically notify Revenue of a number of tax free payments and benefits made to an employee / director in real time. …
5-Day Paid Sick Leave Starting from 1 January 2024
Starting January 1, 2024, the statutory sick leave entitlement will be extended to 5 days for the entire calendar year, marking a 2-day increase from the 2023 allowance. It's important to note that any unused sick leave expires at the end of each calendar year. …
What’s the Best Way for me to Pay a Christmas Bonus?
A great option for small business owners to pay a bonus at Christmas is through the Small Benefit Exemption Scheme. The Small Benefit Exemption Scheme allows businesses to give employees, and directors, up to €1000 annually without incurring any tax. …
