Cashflow management – key in Q4 2022 Whatever 2023 holds, there’s no doubt that cashflow management will be vitally important for businesses, says Paul O’ Donovan. “I think it’s going to be a tough first few quarters for most – especially the first one after Christmas. Make sure your business is resourced and that you …
Cashflow is king: setting up for success in 2023 Read More »
Registration opened on Nov 26th 2022 for the Temporary Business Energy Support Scheme (TBESS), which will assist Irish businesses with their energy costs during the winter months. The €1.2 billion scheme, which will be administered by Revenue, received approval from the European Commission yesterday. Businesses will be able to use the online system to submit …
Irish businesses – register to save 40% on winter energy costs with TBESS Read More »
Debt Warehousing timeline extended to May 2024, and 3% interest remains Businesses with warehoused debt were due to enter into an arrangement with Revenue by year end, or May 2023 in limited cases. Given the current economic uncertainty, Revenue say they are now extending that timeline to May 1, 2024. This means that businesses will not …
Revenue defer repayment of debt warehousing until May 2024 Read More »
There are no major changes from the 2020 tax year, says Thomas O’Regan, Senior Manager at Paul O’Donovan & Associates, but a timely information flow is critical for both meeting deadlines and minimising your tax liability.
The Irish Budget 2023 – what does it mean for you? Tax cuts, property measures, VAT, business taxes, one-offs and cost-of-living, agricultural, motor, climate change and more. Tax Cuts / Personal Tax The following changes were made to the income tax bands and credits. This will give a single person earning €40k per year an …
Budget 2023 round-up – tax cuts, business support and more Read More »
We won! Advisory Team of the Year – SME Finance – at the Irish Accountancy Awards It was smiles all-round on the night as the team at Paul O’Donovan and Associates beat off the other contenders to walk away with the SME Finance Advisory award for the second time in a row. Paul, who collected the …
Ireland’s Advisory SME Finance Team of the Year – twice in a row Read More »
What can an accountant do for you, and how do you choose the right one? A good accountant is someone you can trust to be on your side – they will find you solutions, add value while ensuring compliance, and put you in firm control of your finances and your future. But how do you …
Choosing the right accountant for your business in Ireland Read More »
Previous Next Going Green for Irish businesses The conference theme was planning for success in a time of change. It focused on what “green” will really mean for Irish businesses, from decarbonising costs to funding concerns, and addressed the importance of planning for imminent change on multiple fronts: climate change and why ESG (Environmental, Social …
Green for growth – ESG changes are good news for Irish businesses Read More »
Most Irish companies are exposed to foreign currencies, through exports and their supply chain. All of these need hedging and currency policies to avoid being caught by swings – but only 15% of companies have one. John Finn, Managing Director at Treasury Solutions, offered insights into currency trends and the effects of current events on the economy.
ESG has become crucial for customer relations and for sourcing funding – but many Irish companies are dragging their feet, say industry experts At our virtual conference early this year, all our speakers agreed on one thing: clear policies on ESG are fast becoming a key factor for successful businesses. But what is ESG, and …
