Backdating a pension contribution means paying it this year but claiming it last year. I’ll look at how much you can put in, what tax relief you’ll get, and the important timelines. Plus a few other tips along the way. Let’s look at Why a Pension How much can you put in Tax relief Timelines
Tax returns for company directors need an extra touch of love and affection. To use a Top Gun analogy, multiple bogeys are heading in your direction. I’ll look at some of these bogeys and other quirks for company directors’ Income Tax returns. By company directors, I am talking about owner directors who own 15% or
This week, I’ll look at a director’s current account and try to explain what it is and how it works. Looking at some of the advantages and pitfalls, so you’ll know what you can do and what’s best to avoid. The main focus will be on What is a Director’s Current Account Enda owes his
I will look at key dates for tax returns from now until the end of the year. So, you have a hot date with Revenue! Well, not quite. Let’s be honest: These are the dates that most of us dread, and because of that, put them on the long finger. It’s a bit like going
You are leaving employment and setting up a company – wow, your own company. That’s something to be very excited about. You are becoming self-employed. That’s a little scary as it’s a step into the unknown, but it has lots of opportunities too. It’s scary because you now must generate the income to pay yourself.
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 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
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
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
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
