IN THIS ISSUE
Quick Links



Newsletter Archive

Connect with Us

Like us on Facebook    Follow us on Twitter    View our profile on LinkedIn
Contact
Parfrey Murphy

Chartered Accountants
Lee View House

South Terrace

Cork

Ireland



T: +353 (0)21 4310266

E: [email protected]

E-Newsletter
August 2016
Our aim is to help businesses grow, to 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
WHAT WILL BREXIT MEAN FOR YOU?
By Seamus Parfrey




The issues created by Brexit are many and uncertain. And with its close ties to the UK, Ireland will feel the effect of Brexit more than any other EU State.
Questions arise like:
  • How will trade and free movement be affected?
  • What will be the effect on taxes and import tariffs?
  • Will the competitiveness of Irish business suffer?
  • And so on...
5 WAYS TO GENERATE MORE POTENTIAL CUSTOMERS
Seamus Parfrey
By Seamus Parfrey
 
Often a business will rely on just one or two ways to generate leads; perhaps using traditional newspaper advertising and having a website.


It's likely that whatever you are using works or you wouldn't be using it.


There can, however, be a number of ways to reach your potential customers. And the best ways to reach them changes over time.
This means it's good to periodically review your methods and try new ones. Then when you find something that brings some results, milk it for all it's worth!




Funny Corner
 
If an accountant's wife can't sleep what does she say?


"Darling, tell me about your work."








TAX ISSUES ON BUYING & RENTING RESIDENTIAL PROPERTY IN IRELAND

By Noel Murphy


Perhaps you're thinking of moving to live in Ireland, or maybe you already live here.


What are the tax issues you need to be aware of on buying or renting a residential property?


Renting...


When you rent a residential property then there is no tax relief available on the rent you pay. This applies whether you're renting from a landlord or sharing a house with someone else.


If you run a business from home then it may be possible to claim a proportion of your rent cost as a business expense in your accounts. This would depend on how much the business uses the home.


OCTOBER 31st TAX RETURN FILING- ARE YOU READY?
By Seamus Parfrey


October 31st is fast approaching!
Just a little more than 2 months left for anyone under self-assessment to submit their tax return and pay their tax bill.
What October 31st means...
If you're under self-assessment, either on or before October 31st you must...
  • Make your tax return for the 2015 tax year.
  • Pay any balance of tax due for 2015.
  • Pay Preliminary Tax for 2016.




TAX DEADLINES & REMINDERS
By Aoife Ní Dhubhghaill


Deadline - 14 September 2016
PAYE/PRSI
  • P30 monthly return and payment for August 2016


Deadline - 14 September 2016
DWT
  • Return and payment for August 2016  


Deadline - 23 September 2016
RCT
  • Return and payment for August 2016                                                  

     

Deadline - 1 - 21 September 2016
Corporation Tax
  • Preliminary Tax for accounting periods ending between 1-31 October 2016
  • First installment of preliminary tax for "Large Companies" with a financial year ending between 1 - 31 March 2017
  • Returns for accounting periods ending between 1 - 31 December 2015
  • Pay balance of tax due on accounting periods ending between 1 - 31 December 2015
  • Returns of third party information for accounting periods ending between 1 - 31 December 2015


Where returns and payments for RCT, VAT, PAYE/PRSI and Corporation Tax are made electronically, the return and payment deadlines are the 23rd day of the month


Parfrey Murphy

+353 (0)21 4310266

Blog  |  Why Us?  |  Startups  |  Services  |  Resources  |  Testimonials  |  About Us  |  Contact Us


Parfrey Murphy | Lee View House | South Terrace | Cork | Cork | 0353 | Ireland