Tax Deductions and Budget 2024 Updates for Landlords
Amanda Souza
As a landlord in Ireland, it's mandatory to declare all rental income to the Revenue Commissioners. If you're wondering about your rental income tax liability, please take a look at this guide to find out more about how to calculate, file, and reduce your tax …
Going for Growth | Supporting Female Entrepreneurs
Going for Growth is a program designed for determined women entrepreneurs in Ireland who want to grow their businesses. It's for owner-managers of businesses with at least two years of experience. The program emphasizes learning from peers through interactive sessions, led by successful entrepreneurs rather …
Local Enterprise Offices (LEOs) – Financial Supports
Local Enterprise Offices (LEOs) offer various financial supports tailored to aid in the establishment and expansion of enterprises. These include limited companies, individuals/sole traders, cooperatives, and partnerships with up to ten employees. In specific cases, businesses with ten employees or more may also qualify based …
Debt Warehousing – Phase Payment Arrangements
Revenue has recently started to write to some of our clients who availed of the Debt warehousing scheme and have outlined the following options: …
Employee Payments Reporting Requirements from 1 January 2024
Starting from January 1, 2024, a new rule introduced by the Finance Act 2022 (Section 897C) will require employers to share information about specific payments they make to employees and directors. …
VAT Rate for the Hospitality Sector Reverts to 13.5%
The VAT rate, which had been temporarily reduced to 9% in response to the challenges posed by the COVID-19 pandemic, has reverted to 13.5% on the 1st of September, 2023. …
Pension Relief
If you're a member of an approved pension scheme, you're eligible for income tax relief on your contributions to the scheme. It's important to note that income tax is applicable when you receive your pension income. …
Improving Your Business Cashflow
Cashflow is indispensable for your business and often outweighs earnings in importance. Maintaining a robust cashflow keeps your operations fluid and equips you to absorb unforeseen costs as they arise. …
Five Key Indicators of Effective Business Money Management
Remember, good financial habits don't develop overnight; they require dedication, discipline, and continuous improvement. Embrace a proactive approach to managing your business's finances, and you'll pave the way for sustainable growth, increased profitability, and a more secure future. …
SBCI Loans available
In this blog post, we'll delve into two distinct loan options provided by SBCI: the Energy Efficiency Loan Scheme (EELS) and the Growth and Sustainability Loan Scheme. Let's explore how these initiatives empower businesses to achieve their goals. …
