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 pm@parfreymurphy.ie 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?
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!
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.
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
