Business Continuity Plan for Staff & Clients
Following the Government’s Level 5 announcement which came into effect from midnight Wed 21st Oct we have re-activated our ‘Business Continuity Plan for Staff & Clients’. This will involve the closing of our Stephen Street offices to the public and the moving of on-site meetings to an online format where possible with a view to […]
Brian Lally RIP
It is with deep sadness that we learned of the sudden death last night of our friend and former colleague Brian Lally. Qualifying as an ACA in 2017, Brian was a popular and valued staff member in Gilroy Gannon from 2015 to 2019 He was an inspiration to staff and trainees during his time here […]
Budget 2021 Detailed Analysis
Presented below is our detailed analysis of Paschal Donohoe’s fourth and most critical budget as Minister of Finance. If you have any specific questions, please don’t hesitate to contact us in Stephen Street, Sligo or email us at info@gilroygannon.com
Four Week Extension for Income Tax and CAT Deadlines
In recognition of the challenges being experienced by businesses and tax practitioners arising from the COVID-19 crisis, Revenue have announced a four week further extension to the Pay & File deadline for self-assessment income tax customers and for customers liable to Capital Acquisitions Tax (CAT).
July Job Stimulus – Enhanced Help to Buy Scheme
The Help to Buy (“HTB”) scheme is an incentive for first-time property buyers to assist with the deposit required to buy or build a new house or apartment to live in as the buyer’s home. The incentive provides for a refund of Irish Income Tax and Deposit Interest Retention Tax (“DIRT”) the buyer has paid over the previous four […]
July Job Stimulus – Debt Warehousing
The Government has legislated to allow for (i) VAT and PAYE (Employer) liabilities incurred during the period of restricted trading caused by COVID-19 to be deferred or “warehoused” for a period of 12 months after a business resumes trading and for (ii) the application of a lower interest rate of 3% per annum on the […]
July Job Stimulus – Temporary Income Tax Relief
The July Stimulus Plan (and subsequently the Financial Provisions (Covid-19) (No. 2) Act 2020) provides for a number of temporary income tax measures to assist self-employed individuals who have been adversely impacted by the Covid-19 restrictions. These income tax measures include: Self-employed can make an interim claim for 2020 losses and unused capital allowances against […]
July Job Stimulus – Temporary Acceleration of Corporation Tax Loss Relief
The Financial Provisions (Covid-19) (No. 2) Act 2020 provided for a temporary acceleration of corporation tax loss relief for accounting periods affected by the Covid-19 pandemic and related restrictions. The purpose of the relief is to provide cash-flow support to previously profitable companies who have become loss-making during the period impacted by Covid-19 and the associated […]
July Job Stimulus – Employment Wage Subsidy Scheme
EWSS is an economy-wide enterprise support that focuses primarily on business eligibility. The scheme provides a flat-rate subsidy to qualifying employers in businesses negatively impacted by COVID-19 based on the numbers of eligible employees on the employer’s payroll. The EWSS will replace the Temporary Wage Subsidy Scheme (TWSS) from 1 September 2020 and is expected to continue until […]
July Job Stimulus – Temporary Change in the Standard VAT Rate
As part of the July Stimulus Plan, the Irish government announced the temporary reduction in the standard rate of VAT from 23% to 21% with effect from 1 September 2020. It is intended that this temporary rate reduction will be in place for a period of 6 months to 28 February 2021. This rate change […]
Archives
- October 2020 (3)
- September 2020 (1)
- August 2020 (7)
- July 2020 (2)
- April 2020 (1)
- March 2020 (2)
- October 2019 (1)
- June 2019 (5)
- April 2019 (4)
- December 2018 (12)
- October 2018 (1)
- August 2018 (3)
- July 2018 (1)
- June 2018 (11)
- March 2018 (4)
- February 2018 (1)
- January 2018 (11)
- December 2017 (1)
- November 2017 (1)
- October 2017 (4)
- September 2017 (3)
- August 2017 (5)
- July 2017 (4)
- June 2017 (7)
- May 2017 (2)
- April 2017 (4)
- March 2017 (4)
- February 2017 (5)
- January 2017 (5)
- December 2016 (5)
- November 2016 (10)
- October 2016 (5)
- September 2016 (5)
- August 2016 (5)
- July 2016 (4)
- June 2016 (4)
- May 2016 (6)
- April 2016 (3)
- March 2016 (4)
- February 2016 (5)
- January 2016 (4)
- December 2015 (3)
- November 2015 (4)
- October 2015 (3)
- September 2015 (4)
- August 2015 (4)
- July 2015 (4)
- June 2015 (4)
- May 2015 (6)
- April 2015 (4)
- March 2015 (4)
Categories
- Accounting (16)
- Accounting Careers (1)
- Announcement (3)
- Brexit (1)
- Budget 16 (1)
- Budget 2017 (1)
- Budget 2018 (1)
- Budget 2019 (1)
- Budget 2021 (2)
- Business Finance (12)
- Business Services (15)
- Covid 19 (9)
- ecommerce (3)
- Gilroy Gannon (16)
- Information Technology (17)
- Legislation (4)
- Pensions (1)
- Revenue (2)
- Small Business (47)
- Start up (32)
- Startup Business (25)
- Tax (12)
- Technology (3)
- Tips (126)
- Uncategorized (9)
- VAT (2)
Downloads
- Budget 2014 Summary (May 15, 2015)
- Budget 2015 Summary (May 15, 2015)
- Budget 2016 (October 14, 2015)
- Budget Highlights 2017 (October 12, 2016)
- Companies Act 2014 Briefing (June 25, 2015)
- Companies Act 2014 Information (May 15, 2015)
- Covid 19 – July Job Stimulus (August 27, 2020)
- Covid 19 – Temporary Acceleration of Corporation Tax Loss Relief (August 27, 2020)
- Covid 19 Business Support Summary (April 17, 2020)
- Covid Restrictions Support Scheme (November 18, 2020)
- Covid19 – Debt Warehousing (August 27, 2020)
- Covid19 – Employment Wage Subsidy Scheme (August 27, 2020)
- Covid19 – Enhanced Help to Buy Scheme (August 27, 2020)
- Covid19 – Temporary Change in the Standard VAT Rate (August 27, 2020)
- Covid19 – Temporary Income Tax Relief (August 27, 2020)
- Finance (No 2) Act 2013 (May 15, 2015)
- Graduate Recruitment Brochure 2021 (December 3, 2020)
- Personal Affairs Checklist (March 28, 2018)
- Wage Subsidy Scheme Information (April 9, 2020)