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Parfrey Murphy
Chartered Accountants
Lee View House
South Terrace
Cork
Ireland

T: +353 (0)21 4310266
E: [email protected]
E-Newsletter
June 2013
Our aim is to help our clients increase their profitability, improve their cash flow and reduce their tax liabilities so that they have more disposable income. Please feel free to call us on  021 4310266 or email us at [email protected] if you wish to do business with us

Protect Against Business Failure


By Noel Murphy

 

Protect against business failure by ensuring the quality and clarity of your business thinking beats your competitors.

Consider the following questions:

What are your business objectives for the next 12 months?


Will you recognise when you have achieved them?

If you achieved them would it cause you a problem? Would it cause anyone else a problem? If yes, how will you deal with this?

Which of your skills will be most useful in achieving your objectives?

What resources excluding your skills do you have that will be most useful?

Is there anyone that can help you to achieve the results you want?

 

If there is how can they help specifically and how can you motivate them?

 

If you were to sabotage achieving your objectives what might you do (e.g. procrastination) and how can you anticipate and prevent this?

A Few Jokes
Seamus Parfrey

 By Seamus Parfrey  

 
 Joke 1:

A young accountant, straight out of college, applies for a job advertised in the Irish Examiner. He is interviewed by the owner of a small business who has built it up from scratch.

 

"I need someone with an accounting degree," says the man, "but mainly I'm looking for someone to do my worrying for me."

 

"How do you mean?" says the accountant.        

 

"I have lots of things to worry about, but I want someone else to worry about money matters."

 

"OK," says the accountant. "How much are you offering?"

 

"You can start on fifty thousand," says the owner.

 

"Fifty thousand euro!. How can a business like this afford to pay so much?"

 

"That," says the owner, "is your first worry."

 

 

Joke 2:

An accountant for a manufacturing group was concerned about anomalies in stock levels. He thought someone might be pinching stock but he couldn't prove it. He had his eye on one shifty-looking individual who every day drove his old truck out of the factory with the load covered by a tarpaulin.

 

[READ MORE]

 

 

 

Delete All Your Personal Content From An iPhone or iPad
Seamus Parfrey

By Seamus Parfrey

 

If you have an older iPhone or iPad that you want to restore it to its original factory condition, give to someone or donate to charity you should remove all your personal content?

Here is what you do:

 

1.            Open "Settings"

 

2.            Tap "General"

 

3.            Scroll to "Reset" 

 

[READ MORE]

 

 

DEADLINES AND REMINDERS
Sinead Herlihy
Deadline - 14 July 2013
  • P30 monthly return and payment for June 2013.
  • P30 quarterly return and payment for April - June 2013.
  • DWT - Return and payment for June 2013

Deadline - 23 July 2013

  • RCT - Return and payment for June 2013.
  • Quarterly return and payment for period April - June 2013.

Deadline - 21 July 2013

Corporation Tax

  • Preliminary Tax for accounting periods ending between 1 - 31 August 2013
  • First installment of preliminary tax for "Large Companies" with a financial year ending between 1 - 31 January 2014
  • Returns for accounting periods ending between 1 - 31 October 2012
  • Pay balance of tax due on accounting periods ending between 1 - 31 October 2012
  • Returns of third party information for accounting periods ending between 1 - 31 October 2012

Deadline - 1 July 2013

LPT

  • Commencement of phased payments 
Deadline - 15 July 2013
LPT
  • Commencement of direct debit payments
Deadline - 19 July 2013
VAT
  • Bi monthly VAT3 return and payment for period May - June 2013.
  • Bi annual VAT3 return and payment for period January - June 2013
Deadline - 21 July 2013
LPT
  • Single Debit Authority Payment deducted
Where returns and payments for RCT, PAYE/PRSI, VAT and Corporation Tax are made electronically the return and payment deadlines are being extended to the 23rd day of the month.

 

Parfrey Murphy
+353 (0)21 4310266
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