The case I’ll talk about this week is RCT for a new company. RCT stands for relevant contracts tax. The tax applies to the construction, forestry, and meat processing industries. The government introduced RCT because of poor tax compliance in these industries. It’s an interesting and relevant area for clients and practitioners. I’ll talk about
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
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
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,
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
I am writing this “protecting our clients” blog on the back of getting a very welcome letter from Revenue. Is there such a thing, I hear you ask! Well, yes, in this case. A client had a level 2 VAT compliance review that started a year ago. No extra tax, interest, or penalties. And a
Invest in your finance function. Why? More money. A better bottom line. A stronger, more valuable business. Your business, your castle. If you don’t, your castle is made of sand. And as the Jimi Hendrix song goes “And so castles made of sand fall in the sea eventually” Let’s look at Growing Business Cloud Accounting
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
Are you serious about your business? Most people will say yes to this question. They have to be. There are bills to pay. Plus, you need a few bob for the annual trip abroad, not to mention the taxman taking his cut. It pays to be serious about your business. Here’s why. Rogue One Taxes
