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Who Should Register for VAT?
A value-added tax is a type of tax that is assessed incrementally. The thresholds depend on your turnover in any continuous 12 month period. …
Tips to Streamline the Month End Close for Start-Up Businesses
Each month, businesses must undergo an accounting month end close process to verify account balances, identify and solve any discrepancies and produce monthly financial statements. This provides strong insight into the financial health of a business. Bookkeepers and accountants tend to start the monthly close …
Ten Ways Xero Will Transform Your Business
Cloud Accounting gives businesses, their employees, and their accountants the opportunity to transform the way they work together. …
E-Working Additional Tax Reliefs
Additional E-working tax reliefs. Revenue has accepted that employees will incur additional expenses during this time. …
Bookkeeping Tips for Small Businesses
Having strong financial management practices in place is imperative to the success of all small businesses. Strong bookkeeping practices provide business owners with a strong insight into their company finances. This allows you to detect cashflow problems before they become a bigger issue. Additionally, having good insights into your business’ finances helps you to identify trends within your business. Having …
Independent Contractors and Employees
The Difference Between Independent Contractors and Employees As start-ups and newly formed businesses map out their growth and hiring plans, its not abnormal to prioritise a mix of full-time employees and independent contractors for various reasons. There are important distinctions between independent contractors and employees …