From 1 January 2024, Revenue will require all employers to report, on a real-time basis, three categories of non-taxable employee remuneration:
· €3.20 per day Remote Working Expense, if provided to employees;
· Small Benefit Exemption (ie typically, Gift Vouchers); and
· Travel and Subsistence
Once you have completed your company formation in Ireland and received your certificate of incorporation, corporate rules and regulations may be the furthest thing from your mind. During the head-spinning early days, compliance can seem like an abstract concept, almost disconnected from the day-to-day challenges of running a new company. Moreover, the sheer complexity of regulatory requirements is ... Continue >>
Starting a business in Ireland can be a daunting task that involves many tough decisions. But if you're looking for a location that offers a thriving business environment and a skilled workforce, then look no further. Ireland ticks all the right boxes having built a reputation as a hub of international business and entrepreneurship over the ... Continue >>
Efficient payroll processing is a core requirement for all companies. Yet, it is one of the most complicated functions in a business: mistakes are easy to make yet difficult to fix, payroll processes are complicated and labour-intensive for your accounting team, and the constant changes in the statutory requirements of employment law mean that it is very easy ... Continue >>
When registering a company in Ireland, there are many tasks to work through, from choosing your company name to deciding on the right company type. However, although the process is relatively uncomplicated, it can seem very daunting to first-timers and aspiring entrepreneurs. Most importantly, it is a time-consuming task in which errors at the start can have significant ... Continue >>
The first and most important step in setting up a company is to understand the options for the different types of companies in Ireland. Choosing the right company type can be a confusing and complex process. Nonetheless, it is key to determining your business's most efficient tax structure and a vital contributor to longevity and financial success. The ... Continue >>
Cost management is probably one of the most complex tasks in business. And it has never been as challenging as it is now with the completion of Brexit. Despite the upheaval caused by the withdrawal of the U.K. from Europe, the costs of setting up and maintaining companies in Ireland have improved greatly in recent years. As ... Continue >>
Payroll is a complex and time-consuming operation at the best of times. Moreover, with the new system of PAYE Modernisation, it’s easy to understand why many employers feel challenged by the transition which came into effect on 1st January 2019. In fact, now is the ideal time to consider Payroll Outsourcing in order to ensure that ... Continue >>
