Confused by the Company Annual Return? Don’t be Late! We are in the middle of the silly season for filing – company tax returns, personal tax returns and Accounts filing. In the middle of all that is something called the Annual Return or Form B1 for companies. The Annual Return records standing data on a
Growing Your Business Event! We are just getting our blog series up and running again after being very kind to ourselves by taking most of the Summer and a good chunk of Autumn off. So much has happened since we last spoke. The Hurling world has been dumped on its head with no sign of
My Business is Growing! Scaling Up – An Overview Throughout the growth stage, your business will encounter many challenges. It may seem any early problems you had to overcome were minor in comparison to these challenges, but the truth is it’s all relevant. It’s therefore important that processes and procedures are in place which will
Taxes in my Food Business! Thankfully the weather is super as the hurling followers in Waterford, Kilkenny and Tipperary have had their pride dented in the last few weeks. At least things are looking very rosy for our neighbours in Wexford with a great victory over the Cats and Tadhg Furlong getting the nod for
The Food Business Profit & Loss Account We deal with a considerable number of food businesses. One of the things that we always stress (and with all business owners for that matter) is to understand the profitability of your business. To know whether or not your business model is profitable is essential and not something
Tax relief on Medical Expenses Most of us normal folks incur medical expenses from time to time on prescriptions, doctors, consultants and various other costs for dentists and opticians. Therefore I thought it would be useful to give a small bit of insight into what you can claim for and what is not allowed. It
How do I get that Loan? We have previously written blog posts about planning and forecasting. As part of any plan the need for finance to fund business growth will become apparent. The worst thing that any business can do would be to follow a plan that suggests it needs funding, but ignore the funding
Earned Income Tax Credit – You’ve earned it! The summer is upon us, Chelsea are champions and the hurling season is in full swing with a cracker of a game that had some of the best scores you are every likely to see and from a Kilkenny man’s point of view it was nice to
New Company – What Next? Over the last 12 months we are thankfully seeing more and more businesses not only commencing but starting to grow and generate more profits. This is very positive to see and is resulting in previous “one man show” type businesses starting to take on an employee or two. When a
Some food for thought on Revenue Interventions I just wanted to share some of our experiences in dealing with Revenue when they make enquiries in relation to our clients. Also what are the “hot topic” areas that Revenue will continue to focus on? Expenses This has been a significant earner for Revenue over the last
