Author Archives: Comerford Foley

You Ask, We Answer – My Employee is due a tax refund – Do I pay this or does Revenue?

My Employee is due a tax refund – Do I pay this or does Revenue? A popular question we get asked a lot is how to negotiate the mine field that is tax refunds for employees. Who in the world has to pay it? There could be a number of reasons for having to refund

Managerial Accountant!

Managerial Accountant! Love helping SME businesses achieve their goals? Looking for a job that can truly further your career and progress you professionally as well as offering a highly competitive salary? Do you thrive on having responsibility and ownership of projects? Do you excel at working to your own initiative without micromanagement? At Comerford Foley

“What VAT can I claim back to reduce my Vat bill?”

“What VAT can I claim back to reduce my Vat bill?” Welcome back to our ‘You Ask, We Answer’ series! One of the most popular questions we have been asked is, what VAT can be claimed back to reduce my vat bill. Legitimately, of course. Do you charge VAT on the sale of goods or

Case Study: Outsourced Accounting Partner!

Case Study: Outsourced Accounting Partner! Following on from a recent blog we issued in relation to having an outsourced Accounting Partner for your business we have had some questions on the practicality of this and how a business owner might get a return on this investment. “How will this help me grow my business?” was

“Can I deduct food as an expense on trips?”

“Can I deduct food as an expense on trips?” We’re going to be starting a series of posts about what you need to know when it comes to your taxes. These posts are going to be based on real world questions that we’ve been asked by clients. So, if you need help with anything specific,

Should you have an Outsourced Accountancy Partner?

Should you have an Outsourced Accountancy Partner? But what do we mean by that? As the owner of a small business, your time is the most valuable asset you have. What is the best way for you to spend your time? We find so often that owners and CEOs get ‘bogged’ down in so much

Growth Sucks Cash – Ideas To Tame The Monster

Growth Sucks Cash – Ideas To Tame The Monster No matter how profitable you are or how your business model might be the best out there or even how many outside supporters and investors you have interested in your business; if you’re not able to manage your cash flow successfully, your company will not survive.

Tax Obligations for Non Residents!

Do you own a property in Ireland that you’re renting out but you don’t live in the country? There are a few tax obligations that you need to be aware of, but also, there are some tax deductions you need to be taking advantage of! So, what exactly is a non-resident landlord? You are classed

Electric cars and BIK exemption

Electric cars and BIK exemption We are now well on our way through the year (where did March come out of?!), and now might be the time you start thinking about getting a new van for your business or car for your employees/directors. But with the initial cost involved, as well as the running costs,