Posted on 21st February 2024
The year 2024 has brought significant changes to the national minimum wage in Ireland. From the minimum hourly rates for different age groups to additional allowances and exceptions based on specific circumstances, this article will guide you through the critical aspects of the Irish national minimum wage increases, which took effect on 1st January 2024.
Importance of Minimum Wage Increases
The National ...
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Posted on 18th August 2023
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
Enhanced Employer Reporting Requirements:
The following are the reporting requirements:
1. Small Benefit Exemption – the value per employee
2. Remote Working ...
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Posted on 15th August 2023
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 daunting, yet ...
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Posted on 10th August 2023
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 last 20 ...
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Posted on 11th October 2022
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 financial consequences ...
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Posted on 16th August 2022
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 Companies Act ...
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Posted on 11th September 2019
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 a result, ...
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