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COVID-19 Wages Subsidy Scheme. A Moving Target.

Library of Knowledge No. 16 Since the announcement of the `COVID-19 Temporary Wages Subsidy Scheme` on 23rd March 2020, Revenue have issued 9 updates with V9.0 being released yesterday afternoon, a 49-page document. An update has issued on average every 3 working days. It is understandable as the scheme was announced in a rushed manner…

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COVID-19 Resources via our Website.

Library of Knowledge No. 15 To benefit our clients we are delighted to advise that our website has been updated and now includes all links to the COVID-19 schemes, supports and advisories from: Government Enterprise Ireland Local Enterprise Offices Microfinance Ireland Plus more… We hope you find this useful in your efforts to address the…

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Ready Steady Go ! € € € €

Library of Knowledge No. 14 The future could look uncertain to many.  However, what is certain is that this virus will dissipate, and life will return to a new norm. As business owners and managers we need get ready for our future…………………………… How will our businesses cope in these new times? Do we need to…

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COVID-19 Wages Subsidy Scheme.

Library of Knowledge No. 13 Last Sunday 5th April ’20 revenue confirmed the tax treatment of the COVID-19 Wages Subsidy Scheme to employees.  See below. Is the wage subsidy taxable on the employee? Extract from Revenue website 10/04/2020 (issued 05/04/2020) ‘The payments are liable to income tax; however, the subsidy is not taxable in real-time…

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COVID-19 Microfinance Ireland Loans.

Library of Knowledge No. 12 The COVID-19 Business Loan from Microfinance Ireland is a government initiative to support small businesses through the current period of uncertainty and protect job creation or sustainment in Ireland. If your business is impacted or may be impacted by COVID-19 resulting in a reduction of 15% or more in actual…

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Companies Registration Office – Extension.

Library of Knowledge No. 11 The Companies Registration Office (CRO) has extended the submission date for Annual Returns/B1 Returns due to be filed by any Company now and up to 30th June 2020  ‘It will be deemed to have been filed on time if all elements of the annual return are completed and filed by…

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Our Mental Health Matters!

Library of Knowledge No. 10 We must remember that our business owners and entrepreneurs are the cornerstone of this economy – be proud. Many of us have successfully bounced back from the recession and as many have recreated or built new businesses – be proud.   We must remind ourselves that we are strong and versatile…

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COVID-19. We are here to help.

Library of Knowledge No. 8 and No. 9 After the announcement on Thursday morning by Taoiseach Leo Varadkar and the government it brings to reality the challenges that Ireland and the whole world faces in these unprecedented times. Many businesses are going to face numerous challenges to ensure cashflow and at times survival. Enterprise Ireland…

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Protect Your Business from Impact of COVID-19.

Library of Knowledge No. 7 Businesses are under threat from the Covid-19 virus. For your business, it may become a threat to production/output, procurement of materials, profitability and ultimately cashflow. This immediately triggers alarm bells – please take proactive measures to protect our businesses by taking best advice and acting now. Employers: The Safety Health…

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“A Great Place to Work!”

Library of Knowledge No. 6 All business but especially those that are service based can benefit hugely by creating a “Great Place to Work.”. “Organisations who take this model seriously, and think about how they can authentically apply it to every interaction they have with their employees, have discovered just how transformative the process can…

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