accounting

Debt Warehousing Scheme Extended

2021-01-15T13:35:16+00:00

Debt Warehousing Scheme Extended On 13th January 2021 Revenue confirmed that the Debt Warehousing Scheme extended and remains available to support businesses experiencing tax payment difficulties arising from the current COVID-19 Level 5 public health restrictions, which are to remain in place until at least 31 January 2021. The Debt Warehousing Scheme allows businesses to ‘park’ PAYE (Employer) and [...]

Debt Warehousing Scheme Extended2021-01-15T13:35:16+00:00

Changing from Sole Trader To Limited Company In Ireland

2020-12-10T19:39:37+00:00

Changing from Sole Trader To Limited Company In Ireland If you decided to transfer your business from sole trader to Limited company these are the steps you should take. Incorporate a Limited Company First, you need to choose a company name and the appropriate limited company type. You may wish to re-register the same business name you were previously [...]

Changing from Sole Trader To Limited Company In Ireland2020-12-10T19:39:37+00:00

COVID RESTRICTIONS SUPPORT SCHEME (CRSS)

2020-12-05T06:27:04+00:00

COVID RESTRICTIONS BUSINESS SUPPORT SCHEME (CRSS)   In Budget 2021, the Government announced a new COVID Restrictions Business Support Scheme (CRSS) to help businesses.  The CRSS provides targeted support to businesses forced to close or whose trade has been significantly reduced as a result of restrictions imposed on them in response to COVID-19. Qualifying businesses can apply to Revenue [...]

COVID RESTRICTIONS SUPPORT SCHEME (CRSS)2020-12-05T06:27:04+00:00

Customer Due Diligence (CDD) – SIMPLY EXPLAINED

2020-12-05T16:51:56+00:00

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 EXPLAINED2020-12-05T16:51:56+00:00

VAT Explained Ireland

2020-12-09T17:09:37+00:00

VAT EXPLAINED IRELAND 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 [...]

VAT Explained Ireland2020-12-09T17:09:37+00:00
Go to Top