Given the introduction of Level 5 public health restrictions on 30 December 2020 - and the related impact on individuals and business - here is a reminder of the three key Government supports for COVID-19 impacted businesses - EWSS, CRSS and PUP.
More than ever, business owners need the advice of a good accountant. An experienced accountant's involvement can go beyond the technical competency of bookkeeping to developing strategic plan for the development, survival or recovery of your business.Our tops tips on identifying and working with the accountant who is the best fit for your business.
On account of the current Level 5 public health restrictions, Revenue confirmed that a number of benefit-in-kind short-term concessionary measures will remain in place for the time being.
Workers who received the PUP or TWSS will get a tax bill from Revenue this week. For those who are surprised to receive this, do not panic. Revenue has stated that the tax liability will not fall due this year. Taxpayers can clear the total amount if they wish, however you are NOT expected to make a lump sum payment.
Jamie O'Hanlon, Avid Partners, on points to consider in an end of year business review to ensure that your company is in good shape and ready for all the challenges and opportunities that 2021 may bring.
Jamie O’Hanlon, Avid Partners, explores tried and tested principles of effective cash flow management to help your business maintain a positive cash position in the difficult months ahead.
Revenue will facilitate employers who wish to pay employees' 2020 tax liabilities - Income Tax (IT) and Universal Social Charge (USC) - due to the TWSS.
It's not too late to start planning for Brexit. Check out our summary of supports available: action checklists; links to virtual training, customs registration guidance; available funding and more.
Good news for the self-employed in Budget 2021 as Government recognised that the self-employed may struggle to pay preliminary tax payments based on this year's income and need to keep the show on the road.
Weekly rebate of up to €5,000 for businesses closed at level 3 or higher effective from 13 October 2020 until 31 March 2021