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
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
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
Is Clay Pidgeon ready to start? Clay makes an appointment to see me on Wednesday morning. He already has an accountant, so why meet us? It’s an odd one, but best foot forward, we are here to help. I’m curious. All ears, to match the sizeable nose! Let’s look at Clay’s story Clay’s solution We
The bank of mam and dad is free money – money that grows on trees. The never-ending ATM cash extraction, where you don’t even need to use a card. It was amazing to read that one in five Irish households are millionaires. When I looked in the mirror the other morning, I didn’t see a
This week, I’ll look at a Revenue review of your Taxes. What prompted this is a Revenue letter that a former client got to review his taxes for four years, from 2021 to 2024. We did his tax returns for 2021 and 2022. He needed help to get set up right after a divorce in
Tax is one of the main advantages for a non-resident purchasing a buy-to-let over a resident. Taxes are lower for a non-resident, in most cases. A non-resident will pay tax at 20% on the first €44,000 of rental profit. Whereas a resident will pay tax of up to 52%, assuming their lower rate band is
This week, we will look at planning your business exit. We met Jimmy Fontaine yesterday. He has an IT sales and service company called Fontaines PC. Jimmy and his wife Jane have 3 kids, and none of them are showing any interest in the business. Jimmy is 57 now and would like to exit in
I will outline reasons why you would choose Comerford Foley as your Accountant. This highlights the type of service we offer. It also focuses on the qualities you would expect to find in a great accountant. The main reasons I will outline are Knowledge Service Trust Clarity Communication Crises Ethics Vital Knowledge Knowledge or what
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
