Financial Statements: Bringing Historical Reporting Up to Date

Subsequent event reporting; what is it and why is it an important consideration in the preparation of your company’s financial statements? It is the responsibility of the Directors to consider if any significant events occurred after the balance sheet date and before the date of signing the financial statements. Where a significant event has occurred, [...]

By |2019-10-14T10:10:03+01:00October 14th, 2019|Blog, Latest News, News|

Budget 2020: Investing in Research & Development

In this week’s article we analysis the Research & Development (“R&D”) tax credit regime and the impact this valuable relief can have on Irish SMEs. R&D credits can provide great cash flow benefit to companies in the SME sector and encourage investment in the employment of highly skilled specialists. The R&D tax credit results in [...]

By |2019-09-03T10:51:50+01:00September 3rd, 2019|Blog, Latest News, News|

Why You Should Update Your Company’s Constitution

Every company formed in Ireland must have a Constitution (formerly known as a Memorandum & Articles of Association). The company’s Constitution should be a well-written document; it sets out the rules and regulations of how a company is to be internally governed, and how it will conduct its business activities. The Constitution also sets out [...]

By |2019-07-17T10:22:16+01:00July 17th, 2019|Blog, Latest News|

Are You a Director of an Irish Registered Company?

The updated European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 may affect your business. Failure to comply with these regulations may result in penalties between €5,000 - €500,000. The previous filing obligation for companies and relevant entities On 15 November 2016 Ireland implemented the European Union’s (EU) Fourth Anti-Money Laundering Directive by [...]

By |2019-04-16T16:12:48+01:00April 16th, 2019|Blog, Latest News, News|

Time to Incorporate, or Not?

As the preliminary income tax deadline for the 2018 year approaches, many business owners operating as sole traders may be facing large or increasing income tax liabilities. With a view to managing this liability, one possible solution could be to establish a company. Reduced Tax Rate of 12.5% on Profits The main attraction for business [...]

By |2018-11-26T09:25:49+01:00November 12th, 2018|Blog, Latest News, News|

Steps to improve business resilience

What is business resilience? The concept of business resilience has been attracting a lot of attention recently; and with businesses across Ireland preparing for the changes that will be brought about from Brexit, improving resilience has never been more important. Business resilience can be described as an organisation’s ability to anticipate, prepare for, respond to [...]

By |2018-11-22T15:44:03+01:00October 26th, 2018|Blog, News, Press|