A LEO grant stalls, a VAT deadline gets missed, your bank asks a question that nobody has a ready answer for – these are often the moments when business owners realise their bookkeeping processes are no longer suitable. Getting to…
Attracting and retaining the best talent can be challenging for SMEs. This especially applies if you are rapidly scaling and need the right resources and skills to achieve your full potential. Can you really compete with multinationals on salary? Probably…
“What's my business actually worth?” This is a question asked at various stages of the business ownership cycle. In other words, it's not just a question to answer when putting a business up for sale. Business valuation is the process…
The fundamentals of statutory audits in Ireland are broadly the same today as they were 20 years ago. But loads of things around statutory audits have changed. There is now greater complexity in business, events move at a much faster…
For some companies in the hospitality sector, as well as hairdressers, the rate of VAT is reducing from 1 July 2026. The aim of the VAT reductions is to support the hospitality sector as companies struggle with higher costs, including…
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…