Taxpayers who have availed of the Debt Warehousing Scheme (DWS) have until 1 May next to engage with Revenue to ensure that they remain eligible to avail of the scheme. What is DWS? The DWS was established at the start of the pandemic and it allowed taxpayers to defer payment of taxes until activity levels […]
TAX DEBT WAREHOUSING – 1 MAY DEADLINE FAST APPROACHING Read More »
Employers need to be aware that ALL gifts to employees are within the scope of the Small Benefits Exemption By Dave Hickey FCA What is the Small Benefit Exemption? Since 01 January 2022, employers can give directors (who are on payroll) and employees up to two small benefits, tax free, each year. These benefits must
THAT EASTER EGG GIFT MAY HIDE A FUTURE TAX BILL Read More »
Employers must report a lot more about tax-free payments made to employees from the start of this year. Michelle Egan C.T.A., Tax Manager with DHKN, looks at what employers and payroll departments need to look out for. WHAT ARE THE ENHANCED REPORTING REQUIREMENTS (ERR)? A new Enhanced Reporting Requirements (ERR) has come into effect from
ENHANCED REPORTING REQUIREMENTS – WHAT EMPLOYERS NEED TO DO NOW Read More »
Libby Howard, an accounting trainee with DHKN, received the highest mark in Ireland in the ACCA Financial Reporting (FR) exam in December 2023, placing 8th in the world. Libby studies with Accountancyschool.ie and she is looking forward to completing all her ACCA exams over the next couple of years. Our photo shows Libby with Maurice
DHKN TRAINEE SCORES TOP MARKS Read More »
DHKN’s Eoghan McGuire, who leads the firm’s tax compliance team, took part in the Business Leaders’ Sleep Out for Cope Galway in late November and has so far raised over €10,000 for Cope’s services for homeless people. “Despite the freezing temperature that night, it wasn’t a bad experience for me because of the camaraderie amongst
DHKN’S EOGHAN MCGUIRE RAISES OVER €10K FOR HOMELESS SERVICES Read More »
December is a busy time but it’s worth taking some steps now to help turbo start 2024 for your finances. By Dave Hickey FCA December is a busy time not just at work but socially as well. However, it’s worth taking a few minutes to consider if there is anything you can do now –
12 TIPS FOR YEAR END PERSONAL FINANCIAL PLANNING Read More »
Sound business and financial planning is always important especially in times of economic uncertainty. By Dave Hickey F.C.A. As concerns over the Irish, European and global economies continue, it is essential that all businesses, particularly small and medium-sized enterprises, are properly prepared for financially-testing times. Sound business and financial planning is always important but becomes
6 TIPS FOR DEALING WITH UNCERTAINTY IN BUSINESS Read More »
40% TAX RELIEF OPPORTUNITY About Ceroflo Irish company Ceroflo is developing a revolutionary device for the treatment and prevention of stroke – one of the leading causes of death and disability across the world. Ceroflo is backed by some of the most respected and recognisable names in the Irish MedTech sector, and has engaged Galway-based
DHKN LEADS EIIS FUNDRAISING FOR CEROFLO Read More »
The CRO reported recently that one in 12 submissions are being rejected for mismatched identification of directors. If not addressed, this could have serious implications for the directors and the company. By George Alton A.C.G. Since 11 June 2023, when filing certain forms with the Companies Registration Office (“CRO”), company directors are required to provide
CRO REJECTS 8% OF RETURNS BECAUSE OF IDENTITY MISMATCHES Read More »
Budget 2024 introduced some measures to soften the impact of the cost-of-living crisis but employers will continue to be under pressure to increase wages in 2024. By Dave Hickey F.C.A. Introducing Budget 2024, Minister Michael McGrath said that he expects “living standards will improve for the vast majority in the next 12 months, with incomes
HOW COULD BUDGET 2024 IMPACT ON WAGE DEMANDS? Read More »
