Bookkeeping —Don’t Miss Out. But miss out on what? I would call them missed opportunities, both personal and business. I had an interesting call with Jon yesterday afternoon. He was recently let go from his IT job with a large company. He wasn’t a lover of the job and was planning a career change. Working
I will outline how poor tax compliance will cost you money. Plus, time. What you don’t know can create an issue when dealing with Revenue. The best way to let you know what I’m harping on about is to discuss a recent case. The figures involved are eye-watering. A taxpayer gets involved in a mess
I will give you ten tips when setting up a company in Ireland. The idea is to help you understand more about what you are getting into. I don’t mean this in a negative way. It’s more about what to look out for and to help you avoid things that can trip you up. The
From head-wrecking agony to an outsourced finance department. There must be nifty ways to leave your bookkeeper. Meet Stan, Roy, Gus, and Lee Murphy. They have an engineering company called SRGL Industries Ltd [the company]. Dave is their bookkeeping & admin guy. And what’s more awkward is that he’s Lee’s brother-in-law. Let’s look at The
The question can my company help me buy a home popped up recently. When you think of it your company pays for your home. Your net salary pays the monthly mortgage. But what about the initial purchase of your home? Yes, it can help with that too. I’ll introduce you to Alex Dublin and his
I’m going to tell you about the business journey of Jack and Diane. “A little ditty about Jack and Diane Two Irish kids growing up in this heartland” While this is a business journey it’s also a love story. Given the day that’s in it, love and business collide and thrive. Let’s delve deeper into
Let’s look under the bonnet of a Company Director’s Loans. I’ll introduce you to the stars of this courtroom drama. We discussed some of the issues that come up in this case in a blog from 2018. Can I borrow money from my Company is worth a read if you want to get more detail
Our last blog was about Revenue focus areas for 2024 that will continue into 2025. But our Revenue friends have made things very clear for us with a specific list of focus areas for 2025 too. They will increase the pressure on non-responders to queries and intervention letters. Their view is this sort of behaviour
This week, we will discuss Revenue focus areas for clients in their Business Division. We’ll touch on who is in the business division, so you’ll know if you are in or out. Our main discussion is around Revenue activities in 2024. Many of the 2024 focus areas will continue into 2025. Let’s look at Revenue
The theme of this blog is Revenue interventions and the sectors where they get extra cash. Extra cash means the tax owed, plus the interest & penalties. Revenue love interventions in the construction industry. One could say it’s an obsession of theirs. Yet, it’s rental and the professions that they get most of their money
