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Working from home and tax relief

you can make a claim for tax relief during the year or after the end of the year If your employer pays you a working from home allowance towards these expenses, you can receive up to €3.20 per day without paying any income tax, PRSI or USC on it. If your employer pays more than […]

10 Effective strategies to manage and reduce your staff costs without effective your customer service

10 Effective strategies to manage and reduce your staff costs without effecting your customer service When employers face increases in staff costs, they can employ various strategies to manage the situation effectively.  Here are several approaches they can consider: 1. Review and streamline operations: Evaluate the organisation’s workflow, processes, and systems to identify areas where […]

Employer costs to increase next year

Employers – Additional costs to take into account when budgeting staff costs for next year. Costs are only going one way for employers and unfortunately that is not down. While increasing wages and putting more money in everyone’s pockets is a great idea and most employers would welcome that as a sentiment. However we need […]

Who’s being a busy bee?

We’re In a changing world where being productive trumps being busy every time. Here are some of the ways we can become more productive in our working day: Are you Guilty……? In a recent Vistaprint business survey their found that most small business owners reported spending more time on administrative and project management than on […]

Pitfalls of outsourcing your accounts

Outsourcing your accounts, the pitfalls and how to avoid them. In this post we examine the risks of outsourcing and potential solutions.

The pitfalls of outsourcing your accounts and what are the solutions? If you are considering outsourcing your accounts, forewarned is forearmed. Above all, avoid rushing into it without careful examination of the pitfalls and how these will impact you and your business. When looking at your outsource options you are always comparing what you currently […]

Common mistakes Business Owners make.

Are you Guilty……? I have encountered various common mistakes that business owners make. Here are some of the most common ones: 1. Lack of planning Many business owners fail to create a well-thought-out business plan that outlines their goals, strategies, and tactics. Without a plan, it can be difficult to stay focused and achieve success. […]

Tax Tip – Pension changes and the impact for business owners

Tax Tip ! This is a positive change for employees and business owners? These changes came into effect on 1st January 2023. 1. Employees They will now be given the same tax treatment as scheme members of occupational pension, in relation to any employer contributions to their pension scheme. Previously on the employers contribution paid […]

Tax Tip – Medical check-ups

tax tip

Tax Tip ! Can a company provide a Medical check-up tax free to employees? There are not many opportunities for employers to provide benefits to their employees (including Directors) tax free but this is one of them. 1. personal health A company may pay for one medical check-up each year for each employee. The guidance […]

New Revenue reporting on expenses coming

Heads up! More Headaches for business owners coming in 2024 So what are these new reporting requirements and how will they impact you and your employees? Revenue are joining up all the dots and want you to help them with enhanced reporting on payments being made to employees and/or directors. These are being labeled “Enhanced Reporting Requirements” and […]