Resources

How to reward your employees tax free

The Small Benefits Exemption Scheme allows an employer to provide an employee with a small benefit tax free each year. It is frequently paid at Christmas so is sometimes known as the Christmas bonus scheme. It is a straightforward scheme but there are some terms and conditions:

All You need to know about Local Property Tax

The Local Property Tax (LPT) is a tax payable on the market value of residential properties. A return is due if you held a property on 1 May 2013. Depending on the market value of your residential property, you will pay a different amount of LPT. The return can be filed on paper or online and there are a number of payment options. Exemptions and deferral options are available.

The Cycle to Work Scheme

The Cycle to Work Scheme was introduced to encourage employees to cycle to work. It offers a tax incentive to employees and employers whereby the employer purchases bicycles and equipment for employees without it constituting a benefit in kind. Employers and employees can also agree a salary sacrifice to cover the cost of the bicycle and equipment.

eWork Your Way to Tax Benefits

Do you work full time or part time from home and only occasionally visit the office?

Are you an employer and want to provide equipment to your employees so that they can work from home?

As well as the work/life balance benefits and time savings, there are many tax benefits to eWorking.

How to avoid a costly Statutory Audit

In general, most companies are required to attach audited accounts to their annual returns under the terms of the Companies Amendment Act, 1986. However, an exemption from audit is available for small companies. This can reduce the administrative burden as well as professional fees.

Essential VAT rules for Importing and Exporting in the EU

Intrastat is the system for collecting statistics on the movement of goods (not services) between EU member states. The information is used by various government departments, economists and financial institutions. There are two separate Intrastat requirements. All VAT-registered traders must include details of goods to/from EU on the VAT3 return. Larger traders must complete a more detailed monthly return. […]

How to Register a Business Name

In this post, I will outline the circumstances where a business needs to register a business name, how to register the name and what you need to do when you receive your business name registration cert. If a business trades under a business name which is not the registered name of the company or the name of the owner (if a sole trader) then the business name should be registered with CRO. There are separate forms for sole traders, partnerships and companies and specific requirements on the display of the business name. […]