2025 Minimum Wage Increase in Ireland – What It Means for Employers

2025 Minimum Wage Increase in Ireland – What It Means for Employers The Irish Government’s 2025 minimum wage increase is set to bring significant changes for employers across various industries. With the increase in wage costs, combined with rising PRSI contributions and statutory benefits, businesses must prepare for the financial and operational impact. What Is […]

Sick Pay in Ireland: Planned 2025 Increase Paused

Sick Pay in Ireland: Planned 2025 Increase Paused – What Employers Need to Know The planned increase in Statutory Sick Pay (SSP) for 2025 has been paused, giving businesses more time to adjust before further expansions to the scheme. This decision comes as a relief to many employers who have been navigating rising operational costs, […]

Enhanced Revenue Reporting (ERR) – Revenue starting compliance checks

Enhanced Revenue Reporting (ERR) – Revenue starting compliance checks From 2025, Irish businesses will face increased scrutiny under the Enhanced Revenue Reporting (ERR) system, with Revenue Commissioners ramping up compliance checks to ensure accurate and timely tax reporting. This move by Revenue is to improve tax transparency and reduce underreporting. What Is Enhanced Revenue Reporting […]

Minimum wage increase 1st January 2025

Minimum Wage to increase from 1 January 2025 Budget 2025 announced that, from 1 January 2025, the minimum wage for people aged 20 and over will increase by 80 cents to €13.50 per hour The new minimum hourly rates of pay are below. – Aged 20 and above €13.50 – Aged 19 €12.15 – Aged […]

Power Up grant of €4,000 available to businesses in the hospitality and retail sectors

Power Up grant of €4,000 available now As part of Budget 2025, the Government has announced a new €4,000 grant called Power Up, to assist businesses in hospitality, retail and beauty sectors. There are two categories of eligibility: – Businesses that received the second ICOB payment and still meet ICOB qualifications. – Retail and hospitality […]

BIK on Company Vehicles 2025

BIK on Motor Vehicles 2025 The Finance Bill 2024 included an extension to the temporary measures previously introduced which will be welcome to businesses. Electric Vehicles The €10,000 deduction from the original market value of company-provided cars and vans will continue to apply for 2025. This deduction applies to EVs, vans, and cars in the […]

How to get paid faster with better credit control tips

How to Master Credit Control (and Actually Get Paid Faster!) In today’s fast-paced business world, getting paid on time is half the battle—especially when cash flow is king. But fear not! Here are some sharp, straightforward tips to keep cash flowing in and your credit control tight, without turning you into a collection agency on […]

Increases to Employer and Employee PRSI rates from 1st October 2024

Increases to Employer and Employee PRSI rates from 1st October 2024 The recent announcement in Budget 2024 has introduced significant changes to the Pay-Related Social Insurance (PRSI) system in Ireland, set to take effect on 1 October 2024. These changes encompass adjustments to PRSI rates for both employees and employers across various classes, as well […]

Common Objections and Concerns When Outsourcing: A Q&A Guide for Business Owners

Common Objections and Concerns When Outsourcing: A Q&A Guide for Business Owners Below we examine in a Q&A format the steps to take when examining this option. We look at the questions business owners would have, when making the decision whether to outsource or not and also to whom should they select as an outsource […]

Increased Parent’s leave and Parent’s Benefit from 1st August 2024

Parent’s Leave and Parent’s Benefit extended from 1st August 2024 Starting today, 1st August 2024, Parent’s Leave and Parent’s Benefit are extended from seven weeks to nine weeks. These changes were announced in Budget 2024. Parents can now take nine weeks of leave if their child is under two years old, or if they adopted […]