Author Archives: Comerford Foley

Why your accounts and tax return are far from boring

Why your accounts and tax return are far from boring Your basic accounts may seem like the least exciting part of your finances but, in fact, they’re the bedrock for your financial management. In the world of small-business accounting, we’re at an exciting time. New breeds of online accounting software, integrated cloud applications and flexible

New Location for Comerford Foley!

New Location for Comerford Foley! Following five successful years of growth, local chartered accountants and tax advisors Comerford Foley are moving premises. After trading for some time from their previous premises in Dunhill, they are moving closer to their Tramore clients by establishing a new office in Riverstown Business Park. Work on the new office

New custom built offices for Comerford Foley!

Construction begins on the new space for Comerford Foley! We’re growing and ambitious so we decided to invest in a new space. Our new office is tailor made to our specific needs of servicing the people we work with. It will also be somewhere we can call our own. (We’re aware the current construction site

Shareholder agreements: why your small or family business needs one

Shareholder agreements: why your small or family business needs one When you’re at the start of a business’s life cycle, the last thing on everyone’s mind will be disputes, a change in shareholders or even the failure of the business. These are scenarios that you hope will either never apply, or will occur at a

Tax planning for succession: what it means for your family businesses

Tax planning for succession: what it means for your family businesses After a long career building up or running a family business, there will come a time when, as the owner, you want to consider retirement. This succession of the business to the next generation – or even the outright sale of the company –

New S62A in the Vat Consolidation Act 2010

New S62A in the Vat Consolidation Act 2010 In Revenue’s most recent e-brief no 55/2014 they give details of a new S62A in the Vat Consolidation Act 2010 which deals with the adjustment of deductible Vat in relation to unpaid consideration. The section provides for an adjustment of the amount of Vat deductible where a

Future of SME Sector Accountancy Services

Future of SME Sector Accountancy Services The traditional Accountancy service provided by practices to SME’s is compliance focused. The main aspects of such a service are: Ensuring your tax return is completed on time and you know your tax liability Completing and filing year-end accounts Preparing annual returns for submission to the Companies Registration Office