When a business needs to raise funds, getting a bank loan is usually the first option that comes to mind. Banks are not always willing to lend but the good news is they are not the only option. In this short article, we look at four alternative sources of finance:
In the table below, we summarise the scope to Irish income tax based on an individual's tax residence. If you are Resident, Non Resident or Non Domicile this table is a useful guide. Please keep in mind that this is a high level basic summary. If you need to have a more detailed conversation in relation to your tax residency please arrange a consultation here https://calendly.com/brendan-brady/30-minute-meeting
The Irish revenue have begun issuing notice of investigations to Airbnb hosts with Irish listings. This comes as no surprise since Airbnb announced back in 2015 that it would be sharing information with Revenue on its Irish listings under S880 and 890 TCA97.
From time to time all businesses need to cut costs. The impetus might be to fund growth, improve profitability or survive a difficult patch. Whatever the reason, it is rare that a single action will generate the necessary cash. Usually, what’s needed is a series of cuts across a range of expenses.
Job Title: Qualified Accountant Part Time – Work from home
Location: Guinness Enterprise Centre Dublin/ Can work remotely
Employment Type: Part time
Salary: 40,000 pro rata. We provide you with a laptop to work remotely however you would need a reliable internet connection;
Hours and location are flexible. This role may suit someone who is living outside of Dublin or someone interested in working remotely to avoid commuting and is looking for a working arrangement more conducive to family life.
This is a small, new business environment and would suit someone with the ability to take initiative and work autonomously.
Succession planning is extremely important in owner-managed businesses. While you might not intend to sell up or retire for many years to come, circumstances change and it’s important to be prepared for every eventuality.
For some business owners, change can come in the form of an unexpected offer that’s too good to turn down. For others, illness or a change in family circumstances can trigger a crisis.
Whatever the situation, without a succession plan business owners generally lose out financially.
The following are details of the Budget Statement of 10 October 2017, as made by the Minister for Finance and Public Expenditure and Reform.
The VAT rules relating to training and vocational services changed in Finance Act 2015. The new rules commenced on 21 December 2015.
Previously there was an exemption for certain training services. The rules have been fundamentally changed.
Our consultation fee is €150 plus VAT which we will credit against your final fee should you decide to use our service. We know that most accountants provide free consultations but we’re not like most accountants. This may seem arrogant, and we apologise if it comes across that way. That is not the intention. However, we have built a reputation as one of the go-to-accountants for competitive, effective tax advice. But because of this, we get many requests from existing and potential clients for consultations on how we can save them money and reduce their tax bill. We love doing that and we are very good at it! However, we are a small business and there are only so many hours in the day, therefore, if most of our time is spent providing free consultations then we wouldn’t have a business.
