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CAT loans from close relatives – New Tax Filing Requirement from 2024

Close Relative Loans – How will this effect me? With effect from 1 January 2024 a new mandatory Capital Acquisitions Tax (CAT) reporting obligation is imposed on the recipients of certain loans from close relatives. This applies irrespective of whether any tax is due or not and is applicable to both new loans made from […]

Benefits of Outsourced Management Accounts for Non Profits

Management Accounts for Non Profits What Are outsourced Management Accounts? Having independently prepared Management Accounts can demonstrate an independence and segregation of duties. Outsourced management accounts are financial reports that provide detailed valuable insights into an organisation’s financial performance. Unlike annual financial statements, they are prepared more frequently—often monthly or quarterly—allowing for timely decision-making. How […]