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Library of Knowledge No. 66 Second Reduced VAT Rate of 9% extended, until 31ST August 2023 The  ‘Second Reduced VAT Rate’ of 9% which was introduced initially for the period 1st November 2020 to 28th February 2023, is now extended to 31st August 2023. The announcement was part of the package published by the government…

Library of Knowledge No. 61 Good afternoon, As business owners we have a responsibility to regularly complete reviews of environmental performance and efficiencies. If this is an area in your business that requires some focus and attention, then the ‘Green for Micro’ programme could well be worth considering. Green for Micro is a FREE programme…

Library of Knowledge No. 60 The new Agile Innovation Fund. For companies to continue to thrive and stay ahead of the competition they need to continually innovate. Enterprise Ireland’s Agile Innovation Fund is open to Local Enterprise Office clients. It could allow your business to access up to 50% in support for product, process or…

Library of Knowledge No. 59 Re: Introduction of Revenue Demands. Since March 2020 revenue suspended the issuing of demands and enforcement of tax returns and liabilities. It is important to note that revenue offices are now recommencing the issuing for demands. To avoid any further action by revenue all tax returns outstanding should be given…

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…