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
It’s the time of year when I see a lot of company and personal taxes interlink. This interaction can have both positive and negative results for the client. Sorting out a company tax issue can lead to a tax liability for the owner. It’s not all negative, though, as you’ll see how a bonus in
Some changes came in at the start of this year for Entrepreneur Relief. The changes to Retirement relief came in at the start of 2025. These reliefs are separate Capital Gains Tax reliefs that can save you lots of tax if you qualify. I’ll look at the basics of both and outline the recent changes.
Don’t stop thinking about tomorrow is a line from the Fleetwood Mac song Don’t Stop. This was playing when I was on the cross trainer yesterday morning and planted the seed for this week’s blog. To bring the lyric into the business world, it’s about thinking of the future of our businesses. Where are you
This corporation tax tips for 2026 blog is for owner-directors of a company. It’s to make you aware of some of the tips and traps to avoid. All with the idea of saving tax and keeping on the right side of Revenue. These things are important, and it’s good to know about them to discuss
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
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,
Are you returning to Ireland and starting a business? I met Tom this week, who has done that. Back from Canada after spending over 10 years there. Back to help build the country. Driving along the highway in Toronto, he saw a billboard that grabbed his attention. “You have helped build Toronto. Come home and
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’ll bring you through a few pre-year-end tax planning tips. I was going to call this blog “A few bob for Christmas”, but I put that into Google, and various “bob” hairdos came up. However, the idea behind this is to either pay yourselves a few bob or save a few bob. Let’s look at
