Category Archives: Tax Advice

Disposing of your Business – Company Liquidation

We have to give CJ Stander a mention. He announced his retirement in a dignified and understated manner. He could continue to play for another few years and earn great money. But for him, it isn’t about the money but a desire to return to his family in South Africa. Us ordinary Joes view the

Options To Exit My Business – Part 2

I am meandering my way through Sean Gallagher’s book ‘Secrets to Success’. The book is excellent. The focus is on the success stories of many Irish businesses that we know something about, but not a lot. I recently read about Done Deal. It was set up in 2005 by Fred Karlsson and his wife Geraldine

What Will Revenue Look At In 2021?

It’s great to see a stretch in the evenings and brighter days following the near monsoon earlier in the week. A lot of very stressed-out parents are ecstatic that their little pride and joys and going back to school. Food bills will fall and relaxing tea breaks will rise. The hair is gone beyond ridiculous.

What Do Revenue Know About You?

Wow, what a morning out there! That’s wet rain in its truest sense. A flock of wet seagulls were stuck to the balcony window this morning. They had that look of disappointment. Knowing they made a mistake coming back from their holidays in Africa too early. It’s week 11 now without a haircut. My locks

Business Supports – What’s out there?

We are halfway through January. The weather has picked up, so we only need 3 layers for the walks. Dry January didn’t start and watching Ireland’s fittest family is the closest I have come to sweat. But there is hope on the sporting front. Man Utd have found themselves top of the Premier League and

10 Things to know about the Employee Wage Subsidy Scheme

Employee Wage Subsidy Scheme

This week our focus is on the Employee Wage Subsidy Scheme [EWSS] and the 10 main things to know about this scheme. In our last blog we focused on tax tips to put more money in your pocket. In case you missed it See here What is the Employee Wage Subsidy Scheme (EWSS)? It is

Tax Saving Tips – Part 2

Hard luck to Waterford last weekend. What can you say? They came up against a team that was on fire on the day. Limerick were like a human wrecking ball that smashed everything before them. Their whole team was excellent and had 3 or 4 wonder performances on top of that. Huge credit to Waterford

10 Tax Saving Tips – Part 1

I have to start this blog by wishing Waterford the very best on Sunday afternoon. It would be an amazing achievement to get over the line. It’s exciting to see all the flags around and the buzz it’s creating. Best of luck to the panel and the background team from all at Comerford Foley. The

Income Planning

It’s difficult for me to say this but well done to Waterford last Saturday evening in Croke Park. It was one of those games where Kilkenny would have been happy at half-time. Waterford supporters would have had a sense of “oh no here we go again”. Waterford hurled in the second half like their lives

Warehousing of Tax Debt – Deadline approaching fast

“The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin”.  Mark Twain Last week we spoke about things you need to know when setting up a company. In case you missed it read here We are now into the thick of Tax return filing season. Corporation Tax [CT]