Episode 1: Comprehensive Guide to Tracking Key Performance Indicators (KPIs)
Amanda Souza
Welcome to our weekly episode guide on Tracking Key Performance Indicators (KPIs). Each week, we will post an episode offering advice on how to effectively track and utilise KPIs to enhance your business performance. In this episode, we will cover five essential financial KPIs that …
Understanding Transborder Workers’ Relief
Transborder Workers' Relief is a tax relief available to individuals who are residents of Ireland but travel daily or weekly to work in another country where they pay tax. This relief ensures that such individuals are not doubly taxed on their income, providing significant financial …
Auto-Enrolment: A New Pension Scheme
Starting January 2025, a new pension savings scheme called Auto-enrolment will be introduced in Ireland. This initiative is designed to enhance retirement savings for employees who are not currently contributing to a pension plan. Here’s what you need to know about Auto-enrolment and how it …
When is there no BIK on a Company Car?
Understanding when Benefit-in-Kind (BIK) tax does not apply can help optimiSe the use of company-provided vehicles and potentially save on taxes. This article explores scenarios where BIK is not applicable, including the use of car-pools and electric vehicles, and outlines the specific conditions and exemptions …
What Expenses Can you Deduct as a Sole Trader?
When calculating the profit for your business, you may be able to claim a deduction for expenses incurred. Expenses are claimed through the Revenue Online Service (ROS) on Form 11. …
Revenue’s Business Division Level 1 Compliance Project
Revenue has announced the launch of a Level 1 bulk compliance project targeting two specific taxpayer cohorts based on their 2022 income tax returns. In the coming weeks, affected taxpayers will receive letters asking them to review and amend their returns if necessary. …
Your Complete Guide to Irish VAT Rates for Easier Returns
Navigating the world of Value Added Tax (VAT) is a fundamental aspect of business operations worldwide. While the concept of VAT seems straightforward - adding tax to goods and services - the reality is often more complex. Businesses face challenges in determining the correct VAT …
When is your Tax Clearance Certificate Withdrawn ?
A Tax Clearance Certificate is confirmation from Revenue that your tax affairs are in order. This section outlines the different circumstances where you will need a Tax Clearance Certificate. …
How to Know if You Are a Resident for Tax Purposes
Understanding your tax residency status in Ireland is crucial for ensuring compliance with tax obligations and optimizing your financial planning. At Gallagher Keane, we want to simplify this process for you. Here’s a comprehensive guide on determining your tax residency status in Ireland. …
How Long do I Have to Claim R&D Tax Credits?
The company must ensure that the R&D claim meets all the requirements before applying. …
