Category Archives: Business Tips

A problem gets heavier when the only one carrying it is you

Last week we discussed further about owning property in a company. If you missed that Read here. This week we are going to discuss some business strategy. We would hope to get a number of these posts out in the coming weeks. They will offer plenty food for though for business owners in the SME

Should I buy property in a company – Part 2

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” Franklin D. Roosevelt Last week we looked at some of the tax implications of buying property in a company. We

Temporary Wage Subsidy Scheme Extension!

As most people are now aware the Temporary Wage Subsidy Scheme (TWSS) has been extended by the Government. Revenue have issued some updated guidance to give some clarity on this and how the extension will work. Some of the key points to note: The TWSS has been extended to 31 August 2020 The eligibility criteria

Salary or Dividends from my company?

This is a question that we are often asked. This week we will return to our “You ask We answer” series of blogs. Last week we looked at how Comerford Foley could help you set-up a company. We also explored how using our services could help you. To find out more Read here This is

Solutions for your Business Problems

We are very aware that the biggest cause for concern for business, at the moment, is the Covid-19 crisis. There are a lot of difficulties in certain industries such as the hospitality sector. There has been some good news from the government, with a focus on industry-specific supports. They will introduce these in the coming

5 Big Problems in my business right now

Many business owners make the annual trip to their accountant with a sense of fear. You don’t know what tax bill you will face and are uncertain if you will have enough funds to pay it. Your accountant will hand you their bill at the same time. Often you don’t get your accounts and taxes

Temporary Wage Subsidy Scheme – More Changes

Next week sees a number of changes to the Temporary Wage Subsidy Scheme (TWSS) come into effect. I attach the latest Revenue FAQ’s and Guidance for reference. The scheme is moving to what is referred to as the operational phase. Revenue will be using actual calculations from now on based on the information that they

Changes afoot in the world of Small Business

It is indeed very strange times out there. None of us could have dreamed, in our wildest imagination, what is currently going on and the changes this has made to the usual freedoms we take for granted. We have been fortunate enough that we are still working and rather than having an office base we