Passing on the family Business – Succession planning

Many thriving family businesses have failed to succeed after the first generation, one of the reasons being the failure to plan adequately for succession. While people are conscious that various taxes are triggered on succession, some are not aware of the generous reliefs that are currently available which may allow them to transfer their assets […]

Start Your Own Business Relief

Introduction If you have been unemployed for at least 12 months and set up a qualifying business, the Start Your Own Business scheme provides an exemption from income tax up to a maximum of €40,000 per annum for a period of 2 years. Start Your Own Business Relief only applies to income tax payable on […]

Irish firms increasingly hopeful of Brexit upside

Almost one in four Irish companies believe that Brexit will affect them positively, up from 14pc this time last year, according to a survey by the Dublin Chamber. The survey carried out amongst 359 companies, found that the number of firms that believe Brexit will hit them negatively fell slightly in the 12 months to […]

Food for thought when raising funding for new equipment

Q: I have an early-stage food business and I am looking for an investor as I need to fund additional equipment etc? Can you direct me? A: This is a classic case of the chicken and the egg. In many cases, investors won’t invest in an early-stage business as they will need to see proof […]

Building Lasting Value in your Business

Rich vs. Famous – Have you set a goal for your company this year? If you’re like most business owners, you’re striving for an increase in your annual sales. It’s natural to want your company to be bigger because that’s what everyone around us seems to celebrate. Magazines profile the fastest growing companies, industry associations […]

Bank considerations for SME loan applications

The 5Cs of bank lending criteria Banks look carefully at SME companies before they lend money, especially in more challenging funding environments like the present one. The traditional approach for assessing loan applications was based off five primary factors – the “Five Cs”. These are: Character Capital Capacity Collateral Conditions The “Five Cs” gave bankers […]

5 Tips for an Effective Digital Marketing Strategy

The internet provides businesses with a range of opportunities to reach out and connect with existing and potential customers. It also affords customers the opportunity to research and review a company’s products and services and to connect with that company in real-time. With the wide range of digital channels available, the customer has never before […]

The future of work

Technology is changing the face of business The disruption caused by the advance of technology in the workplace is a source of both opportunity and concern for organisations and their people. Emerging technologies including artificial intelligence and automation offer the ability to increase productivity and improve customer experience by learning from the data that can […]

Payroll Newsletter – Winter 2017

Warning! Changes & Challenges Ahead for Payroll There are many changes happening now and in the next 2 years 2018 and 2019 that all Employers need to familiarise themselves with in relation to the processing of payroll and dealing with employee information. We advise that you read the following so that you can be prepared […]