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Customer Due Diligence (CDD) – SIMPLY EXPLAINED

Customer Due Diligence (CDD) – SIMPLY EXPLAINED CDD is Customer Due Diligence. Translating this into human language it means, that a business needs to assess the risk of the clients and need to get their clients ID and proof of address to be sure that you are not involved in any money laundering, any financial scam or terrorism [...]

Customer Due Diligence (CDD) – SIMPLY EXPLAINED2020-11-20T13:45:41+00:00

VAT Explained Ireland

VAT EXPLAINED Value Added Tax (VAT) is a tax that is paid on most goods and services at every stage of production and distribution. As a business owner, you may need to register for VAT and therefore charge VAT on your goods/services. When to register for VAT? Turnover threshold. The two main sale thresholds for VAT are €37,500 for [...]

VAT Explained Ireland2020-11-05T16:08:47+00:00

Business opportunity – Amazon Delivery Service Partner

Amazing business opportunity! Amazon gives great opportunity to be your own boss and start your own business as an Amazon Delivery Service Partner. Click here for more information Amazon requirements: Low startup costs Start your business with as little as $10,000. Logistics experience not required Amazon’s packages keep your business growing, so you can focus on building a [...]

Business opportunity – Amazon Delivery Service Partner2020-10-20T14:56:56+00:00

Irish VAT registration – two-tier system

Irish VAT registration - two-tier system Since 15 June 2019, when registering for VAT, you must select whether you want to apply for “domestic only” or “intra-EU” VAT status.  This requirement is part of the Two-Tier VAT Registration system implemented by Revenue. Intra-EU VAT registration If you intend to trade with businesses elsewhere in the [...]

Irish VAT registration – two-tier system2020-10-20T14:25:17+00:00

Budget Ireland 2021 – Key Points

Budget 2021 - Key Points The 2021 Budget was announced on Tuesday 13th October 2020. Here are the hey points of what was presented to Government. Tax: The USC 4,5% threshold is to be increased in Jan 2021 from €20,484 to €20,687. This is to coincide with the minimum wage increase to €10.20 an hour [...]

Budget Ireland 2021 – Key Points2020-10-14T18:09:17+00:00
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