Agricultural Relief is about facilitating the succession of farm businesses to new generations of farmers. It is part of the Capital Acquisitions Tax (CAT) system in Ireland. In simple terms, it reduces the Capital Acquisitions Tax that you pay on…
Postponed VAT accounting helps Irish businesses improve cash flow by avoiding paying VAT upfront when importing goods from countries outside the EU, including Great Britain. The process involves accounting for the VAT on imported goods on VAT returns rather than…
Revised Entrepreneur Relief has been around since 2016, but this year sees a significant change – the lifetime limit on qualifying gains has been increased from €1 million to €1.5 million. In this blog, we are going to look at…
The rate of VAT on the sale of apartments has been reduced from 13.5% to 9%. This is potentially welcome news for both property developers and buyers. The main idea behind the reduced VAT rate is to enhance the viability…
The government’s auto-enrolment pension saving scheme is up and running. Known as MyFutureFund and managed by the National Automatic Enrolment Retirement Savings Authority (NAERSA), the scheme aims to increase pension coverage in Ireland. In this blog, we will recap the…
From 1 January 2026, the national minimum wage in Ireland increased to €14.15 per hour. The reasons for regularly increasing the minimum wage are well-rehearsed, but for many businesses, complying with the new rates can present challenges. This especially applies…
Whether you have a handful of employees or a rapidly growing team, managing payroll can quickly become a challenge. Even for small businesses, the option of outsourcing payroll is one you should consider. After all, payroll outsourcing is not just…
Ireland's economy and business landscape is becoming increasingly sophisticated while retaining high levels of complexity. For example, adopting emerging AI technologies is often viewed as a business imperative, geopolitics remains in a state of uncertainty, and many businesses must now…
Navigating VAT compliance in Ireland involves keeping good records, getting your calculations right, and filing your VAT returns on time. As your business scales, transitioning from registration to the regular filing of VAT returns is a critical component of corporate…
Ireland is business-friendly, but there are steps you need to follow when setting up a new company. There are also Irish company formation best practices that will make the process as smooth as possible. We are going to look at…