Do you own a property in Ireland that you’re renting out but you don’t live in the country? There are a few tax obligations that you need to be aware of, but also, there are some tax deductions you need to be taking advantage of! So, what exactly is a non-resident landlord? You are classed
Electric cars and BIK exemption We are now well on our way through the year (where did March come out of?!), and now might be the time you start thinking about getting a new van for your business or car for your employees/directors. But with the initial cost involved, as well as the running costs,
5 Tax Benefits You Should Know for 2018! It’s nearing the end of January already (where has the month gone?!) and we hope your year has gotten off to a flying start! However, are you aware of some tax benefits that have come into play in recent weeks that you may not be taking advantage
Changing Your Accountant ‘It’s been great but it’s just not working out. I think we need some time apart.’ We have some news for you. Changing your accountant doesn’t need to be dramatic. Misguided views of loyalty towards an accountant should be avoided if the accountant isn’t doing their job. You change or review (or
PAYE Modernisation If that doesn’t sound scary then I don’t know what does. According to Revenue.ie it is ‘the most significant reform of the PAYE system since its introduction in 1960’. When the PAYE system was set up initially it was with the idea that most people had a ‘job for life’. Nowadays however, employment
Getting cashflow and financial projections right for 2018 In the business world, cash is king. So, knowing where your cash is, or where it’s going is obviously hugely important. Cash flow issues are unfortunately hugely prominent, but you can make sure you stay out of the trap by following a few simple rules. Your cash
Key Social Media Practices for 2018 Where has 2017 gone? 2018 is just around the corner, and with that a chance to really up your game and target your audience like never before. Heard all the talk about ‘businesses need to be using social media if they have any hope of gathering leads, making deals,
Tax Tips Prior to Year End Part 2 Welcome back to the second part of our tax tips that you can get on board with prior to the end of the year! We start off on our fifth tip! Small Gift Exemption This can be an effective way of passing on cash to children or
Tax Tips Prior To Year End Part 1 Deciding how much you need to pay The Taxman every year is no fun. Unfortunately, it is a necessary evil. But how can you save a bit of your tax bill this year? Have no fear, Comerford Foley is here! Home Renovation Incentive – [HRI] Who
Black Friday Vouchers! If you haven’t heard today is Black Friday so it seems pointless to be at work when we should be shopping for bargains. And Monday is Cyber Monday so more shopping required but the on-line version! As I was listening to the radio early this morning one of the djs work colleagues
