Practice News
Library of Knowledge Week 65 With the current economic climate still uncertain, The Revenue Commissioners announced that the current Covid Debt Warehousing Scheme has now been extended to the 30th April 2024. This will come as a relief to many who by the 31st December ’22 would have been faced with either a substantial sum…
Library of Knowledge No. 64 Cycle To Work Scheme – save up to 52% This scheme aims to encourage you to cycle to and from work. Under the scheme the employer can buy a bicycle and safety equipment for the employee. This will not be a taxable benefit-in-kind. There are now two limits, depending on the type of bicycle purchased.…
Library of Knowledge No. 63 Small Benefit Exemption From 2022 employers can give employees and company directors (once on the payroll) up to two small benefits, tax free, each year. These benefits must not be in cash and the combined value of the two benefits cannot exceed €1,000. If more than two benefits are given…
Library of Knowledge No. 62 The 2023 Budget announced five supports for business. Temporary Business Energy Support Scheme (TBESS) – the operational details are currently being worked through and will be available soon. Ukraine Enterprise Crisis Scheme – the scheme will be administered through Enterprise Ireland, IDA and Údarás na Gaeltachta. Small Firms Investment in…
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. 57 The Red Cross Ukraine Appeal Our weekly ‘Library of Knowledge’ is being replaced this week by the urgent appeal to the ongoing, heart-breaking crisis in Ukraine. Your donation, no matter how small can be paid via: https://www.redcross.ie/latest-appeals/ukraine-crisis-appeal/ Stay safe.
Library of Knowledge No. 56 All events for Local Enterprise Week are taking place online – from Monday, March 7th to Friday, March 11th! This year’s schedule includes twelve ‘Spotlight’ events, which are organised by individual Local Enterprise Offices but open to every business – wherever you’re based. Samples of events: Drive: Growth By Digitalising Your Business…