Author Archives: Comerford Foley

Tax Promises from Election 2024

Election candidates and posters

I will look at the tax promises of the three largest parties, Fine Gael, Fianna Fail, and Sinn Fein, from Election 2024. Shifting through election manifestos the night before the election wasn’t in the plan for last night. But then when I got into it, I found some of the promises were very interesting. And

Tax Wish List for 2025

Making a wish

I know a tax wish list for 2025 doesn’t set the pulses racing like Tom Cruise jumping from the roof of Stade de France. Or a new David Beckham line of underwear. But the small things keep us happy and small tax changes can put more cash in our pockets. Enough to fund some of

Tax Efficiency Saves Money

Women working together to save money

We’ll look at some examples of how tax efficiency saves money. Plus, introduce you to the main stars of this blog, the Toners. By claiming everything they can and making a few changes the Toners will save thousands in a tax year. It could be the difference between a holiday in Portugal or a day

Transform Your Business With Dext

Dext modern accounting toolkit

You can transform your business with Dext by going digital. In your business, time is money. Every hour of productivity counts and the hours you spend swamped under financial admin impact your bottom line. The solution? Cut out clunky manual processes and replace them with slick, automated systems to free up hours every month. It

Why your bookkeeping is rubbish

Rubbish

It’s so much more than just a compliance task. “Rubbish” may be a strong word to use, but we so often see entrepreneurs restricting their own business’s growth by limiting their bookkeeping to basic record-keeping. While this fulfils compliance purposes for Revenue, it doesn’t even scratch the surface of the powerful insights you could gain

What Your Company Can Do For You

Couple in Love

What your company can do for you. By that I mean, what do you pay for, from net salary, that your company could pay? A typical reaction would be. Oh, I never thought about that. But why would you? We’ll look at some obvious things and a couple of less obvious costs where your company

Non-Resident Taxes – Times Are A-Changin’

Moving abroad

Like the Bob Dylan song, in the world of Non-Resident Taxes, the times are a-changin’. Not before time too as there was a lot wrong with the old system. But there’s no point looking into the past. It’s time to drive on and embrace the new. We will look at George and Amy Wong Non-Resident

Bookkeeping – Nail the foundations

Bookkeeping foundations

Bookkeeping – Nail the foundations. Why should I do that? What’s in it for me? What even are the foundations? Sure, I’ll be grand. But will you? This isn’t a lecture about you should do this and if you don’t then you are in big trouble. It is more to discuss what the basics are

Cost of Setting Up a Company in Ireland

setting up a new company

This week we will explore pricing and the cost of setting up a company with us. It is a question we are often asked by our clients and prospects. Whether you are moving from a sole trader to a company or forming a new company to trade you want to know the price. We will

Capital Gains Tax Tips

Last week we looked back on some funny and embarrassing moments in our working years. In case you missed it see here. This week we will look at some Capital Gains Tax tips for 2022. We will look at: Background Calculation Deductions Personal Exemption Losses Payment Dates Background Capital Gains Tax [CGT] came into Ireland