Author Archives: Colin Comerford

Supersonic Your Business – Part 2

Partners

Supersonic your business by doing what Kirk James did. Outsourcing his finance department. Kirk came to us in the Summer of 2019. Having an old-school accountant wasn’t going to work for him anymore. Not with the plans he had to grow the business, buy a property, and sell the business. Brenda and the team here

Supersonic Your Business

Supersonic jet

Supersonic your business by outsourcing your finance department. Or else your profits could slide away! Oh yes, get all the Oasis songs in here when they are in town this weekend. Roll on the big karaoke in Croke Park! I’ll tell you about Kirk James and how he used us as his finance department. We’ll

Don’t Do Your Own Tax Return

Word to the wise, T, don’t do your own tax return! Paulie “Walnuts” often used the “word to the wise” phrase when advising his mafia boss, Tony Soprano. It was to protect him so he wouldn’t end up “sleeping with the fishes.” The key message in this blog is that it can be dangerous to

Company Tax Tips

Tax Tips

This company tax tips blog is to help you avoid some pitfalls and ensure you stay on the right side of Revenue. Maher Horgan owns 100% of Rebel Tipp Ltd, a consulting engineering company, on the border of Tipp and Cork. He’s scratching his head, doing his best James Dean. Although he’d much prefer to

Leaving Ireland and Split Year Treatment

In an airport looking for her flight

I’m going to look at leaving Ireland and Split Year Treatment. It came up in two calls this week. Juan Denver left Ireland in March 2024 for Valencia. He needed help with his Irish taxes. Let’s look at Background Resident or not Split Year Treatment Other income Zoom AI Summary Background Juan is from Spain.

Tax Roundup

Tax letter from Revenue

In this Tax roundup, I will talk about a few things I have seen over the last few weeks. A few tips that can save you money or even stop you panicking in a tight situation. There’ll even be a paragraph where I go all “Victor Meldrew” about Revenue. I’m trying to stay calm, as

Share Buyback in a Family Dispute

Two men fighting

A share buyback in a family dispute is a solution to a problem. The problem is that the family members aren’t getting on. Relations are strained, and this is hurting the family business. It’s difficult to make decisions. Family members want to take the business in different directions. Even small things like agreeing a salary

Serious About Your Business

Serious man

Are you serious about your business? Most people will say yes to this question. They have to be. There are bills to pay. Plus, you need a few bob for the annual trip abroad, not to mention the taxman taking his cut. It pays to be serious about your business. Here’s why. Rogue One Taxes

Moving to a Nursing Home

Elderly lady with her two daughters

We will look at a parent moving to a nursing home. I had a meeting with two kind and caring sisters during the week. They are looking after their elderly mam in her home. We’ll go through the following points to get into more detail Background Nursing home cost Tax relief Keep their mam at

Home Carer Credit

tAX CREDIT CERT 2025

Don’t miss out on the Home Carer Credit. Based on what I have seen over the last few weeks, thousands aren’t getting this credit. In 2025, it’s worth €1,950. I have seen three cases recently where people should be getting this, but they aren’t aware of it. Let’s explore a bit more about it to