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Library of Knowledge No. 58 Protect your STRIPE Account now. Due to the ongoing conflict in Ukraine, there has been a surge of cyber security threats across the industry. There is an increase in automated card testing attacks against payment forms on websites. If you use Stripe as a payment solution, it is recommended that you enable…

Library of Knowledge No. 53 We are delighted with our newly remodelled reception area and look forward to welcoming our valued clients. Our services at Horizon Accounting include: Financial Management, Professional Services, Business Development Taxation. Stay Safe

Library of Knowledge No. 33 Good Afternoon, The Government has announced a medium-term plan to suppress the spread of coronavirus while keeping as much of the country open as possible. At the core of the plan is an escalating five-level alert system The Government will decide on moving between levels based on advice from the…

Library of Knowledge No. 24 We are currently supporting our clients with post COVID-19 services to assist in the Future Proofing of their businesses. These services include: Cashflow Forecasting. Cost Analysis and Control. Margin Reviews (on products and services). Cost Projections and Budgeting. Business Plan Options: 6 month, 3 year or 5 year. MicroFinance Loan…

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…

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…

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…

Library of Knowledge No. 5 Across the country SME’s will be promoting their businesses through their Local Enterprise Office (L.E.O) in Local Enterprise Week #MakingItHappen. To assist your business your local L.E.O will be hosting events to promote businesses in your area during week, Monday 2nd March 2020 to Friday 6th March 2020. You can also…

Library of Knowledge No. 4 New minimum wage rates came into effect from 1st February 2020. These rates differ slightly from the 2019 rates and are purely age based and make no reference to the No. of years experience. See Links: https://www.gov.ie/en/publication/41a981-the-minimum-wage-in-ireland/ https://www.citizensinformation.ie/en/employment/employment_rights_and_conditions/pay_and_employment/pay_inc_min_wage.html Please check the following: That all employees are being paid  their minimum…

Library of Knowledge No. 2 The Strategic Banking Corporation of Ireland (SBCI) are managing EU supported funding for SME’s & Farmers. These funds are largely unsecured and interest rates are low, between 3.5% and 4.5%. There are 3 schemes, each of which has separate criteria: Future Growth Loan Scheme Brexit Loan Scheme SME Credit Guarantee…