E-Brief - June 2010
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Welcome to the first edition of "E-Brief".

E-Brief will cover tips on tax savings, grants, filing dates, useful articles, links, client news and much more.


E-Brief will also profile a different client of KDA Accountant's in each issue.


This month we will profile ourselves, just to get the ball rolling.
 
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Featured Grant / Subsidy (Intertrade Ireland)
 
The Acumen programme aims to help SMEs to grow their business on the island of Ireland by targeting new cross-border markets.
 
Acumen has provided assistance to over 300 companies and secured more than €58/£50m in sales since it was rolled out across the island in 2003.
The Acumen programme can help if you are ...
  • A manufacturing or internationally tradable service company with an annual turnover below €50m/£40 million
  • A company that employs less than 250 people
  • An indigenous company (not multinational or foreign owned)
  • Committed to the development of new products or markets and with job creation potential.

click here for more information....

Tax Tip of the Month 
Pay non-earning offspring wages from a business to use up their 20% tax band.
 
You can earn up to €36,400 per year and still only pay 20% tax. The total bill for someone on €36,400 and with normal allowances for a single person is approx €5,320.
 
 
If you want to pay no PAYE or PRSI on the salary you pay to your offspring, you could opt to pay a salary at a level that is totally exempt.
 
The first €17,000 of income for a single person is totally exempt from PAYE and PRSI . However you will have to pay Employers PRSI of 10.75% total bill €1,827.
KDA Clients in the Press
 
Fort Information Technologies
 
Fort Technologies
Fort Technologies has launched cloud computing management software and services used by managed service providers (MSP's), corporates and the data centre industry to deliver cloud based infrastructure services to their customers. 

Click to see full article 
 
 
 KDA Partners
Business Profile - KDA Accountants
 
KDA Accountants are a 2 partner firm, Owen Dunne & Tony Kilcoyne.  We are both in our mid-thirties and are very focused on growing our practice by delivering quality and value added services to our clients. 

 
Owen is from Dublin and lives a stones throw away from the office and Tony is a native of Mayo, but currently resides in Meath. 
Our firm has 6 staff and is steadily growing, despite the economic conditions we find ourselves in.

KDA Accountants were founded in 2003 and has since grown into the largest Accounting firm in Blanchardstown.
 
We were started by 2 former financial controllers of Irish businesses. The firm's purpose is to provide high-level tax and accounting services to a diversified base of clients.

Our offices are located in Dublin 15, but we serve a wide variety of clients located throughout Ireland.

We have audit, tax, and consulting clients across a number of industries nationwide. Because our firm is smaller than the well known and branded practices, we maintain close and open relationships with each of our clients.

Today we help clients minimize taxes, accumulate wealth and grow their companies.
Practical experience in both accounting and tax compliance offers clients a two-fold advantage: Consulting Services help clients successfully operate and expand their business, while high-level tax advisory services help minimize taxes to retain profits.

See our website:  Accountants Dublin 
 
 
Issue: 1
In This Issue
Free Money
Tax Tip of the Month
Clients in the Press
Business Profile
UK Trade Deficit
In The News

Useful Web Links 

  
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Tony Kilcoyne
KDA Accountants
Cornerhouse
Main St., Blanchardstown,
Dublin 15 
01 8025400