Author Archives: Colin Comerford

Don’t stop thinking about tomorrow

cashflow quadrant and business journey

Don’t stop thinking about tomorrow is a line from the Fleetwood Mac song Don’t Stop. This was playing when I was on the cross trainer yesterday morning and planted the seed for this week’s blog. To bring the lyric into the business world, it’s about thinking of the future of our businesses. Where are you

Revenue Focus Areas for 2026

Man with binoculars

Revenue focus areas for 2026 came from a meeting between Revenue and the Irish Tax Institute [ITI]. This meeting took place in late January. It’s an annual meeting between the Personal Division of Revenue and the ITI. The personal division covers all PAYE taxpayers, non-trading entities, trusts, and non-profit organisations. Key focus areas include Local

Corporation Tax Tips for 2026

Corporation Tax tips for 2026

This corporation tax tips for 2026 blog is for owner-directors of a company. It’s to make you aware of some of the tips and traps to avoid. All with the idea of saving tax and keeping on the right side of Revenue. These things are important, and it’s good to know about them to discuss

VAT Tips

Girl cyring

This week, I’ll give you some VAT tips. I was thinking about how I’ll make VAT sound exciting. And what about a song that would jazz up the blog a bit? I found a song, but the exciting bit is a stretch. And you’ll have to be a certain vintage to know the song! Yet

Tax Refunds for Non-Residents

Happy woman with lots of €10 notes

A tax refund for a non-resident is one of the first cases before the Tax Appeals Commission this year. It’s a short case at 10 pages. When the page numbers are low, it’s usually not a good outcome for the taxpayer. Then you read the first page, and you know there’s only one result here.

Everything is Changing

Sigma and Poloma Faith Changing

Everything is Changing is a song by Paloma Faith and Sigma, which I love. I was always a grunge man of the mid-90s. Think Nirvana, Pearl Jam and the Smashing Pumpkins. But I’m partial to a banging dance tune, and this is one of those. Hell down, heaven down Living in the same town Tryna

Moving Assets from your Company

Property and savings

We’ll look at moving assets from your company to another company. We’ll also examine why you’d want to do that. And how a holding company structure is a good option for you. Let’s look at Background Why move assets? Holding company Group Structure Summary Background Tom Hillfigure owns 100% of Wetgear Ltd, a farm clothing

Tax Clearance

Tax clearance refused

Having tax clearance all the time is very desirable. You only know this when you don’t have it. It could be that you don’t have it now, but don’t realise it. It’s not desirable or attractive in the James Bond sense, but more in the “this puts money in my pocket sense”. Not only that,

Returning to Ireland and Starting a Business

Coming home

Are you returning to Ireland and starting a business? I met Tom this week, who has done that. Back from Canada after spending over 10 years there. Back to help build the country. Driving along the highway in Toronto, he saw a billboard that grabbed his attention. “You have helped build Toronto. Come home and

My Bookkeeper is Leaving. Help

worried woman

My bookkeeper is leaving. Help. You are in a spot of bother. Your bookkeeper is leaving. Moving to another job or retiring. It doesn’t matter. You won’t have the benefit of their services very soon, and you don’t know what to do. I am writing this as a real-life example of what happened to our