Having no cash will land a business in trouble – even a profitable one. Unfortunately, profitable businesses aren’t exempt from the necessity of maintaining healthy cash flow. There’s a reason the phrase ‘cash is king’ exists. The King doesn’t get demoted the minute profit steps up to the throne.
We can’t start off without mentioning the hurling. What an amazing weekend of hurling and I was just delighted with the Cats victory over Limerick on Saturday evening. We were hugely outnumbered by confident Limerick supporters. 6 Limerick fans to one Kilkenny fan would be a conservative guess. We hit them hard and early and
We are back to the normality of the working week after such an exciting weekend of sport and music with the Munster and Leinster hurling finals and Glastonbury to calm us all down afterwards. The Cats & Tipp would have started as favourites with Kilkenny on quite familiar territory in Croke Park and Tipp given
H4, the FAI and how this impacts my Company? It has been a crazy few weeks with the drip feeding of revelation after revelation coming from the media in relation to the activities and governance at the FAI over recent years. The latest twist was the filing of a H4 form with the Companies Registration
The year is nearly over…..where has it gone is a common small talk phrase at the moment! It really has flown. As we get close to the year end it is a good time to reflect on 2018 (did you achieve all you set out to achieve?) and also to plan for 2019. If you
Are you ready for PAYE Modernisation? More change, more headaches and an additional compliance burden on employers and SME’s! As you struggle through the day to day of keeping your business moving forward and trying to grow, PAYE Modernisation has been thrown into the mix! As you are probably aware PAYE Modernisation will be introduced
A question that we often get asked from SME business owners is – “Can I borrow money from my Company?” The thinking here is along the lines of…..…..sure it’s my company, my money! Unfortunately this is not so. The Issue Let’s take a company called Sunny Summer Limited. Sunny Summer Limited happens to rent out
You Ask, We Answer – “Why would my business be selected for a Revenue Audit?” We are continuing our series of posts about what you need to know when it comes to your taxes. These posts are based on real world questions that we’ve been asked by clients. So, if you need help with anything
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
“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
