As announced in Budget 2023 the Department of Enterprise, Trade and Employment’s Budget package is designed to help businesses with escalating energy costs and to plan for the future.

Overall funding allocated to the Department of Enterprise, Trade and Employment in Budget 2023 has increased by €36 million, to €940 million.

The 27th of September marked the announcement of Budget 2023 with some significant changes coming into effect over the coming months. Download our budget summary to read what changes may impact you and your business.

The new scheme aims to bring Ireland in line with other European countries that have mandatory paid sick leave for workers in place.

Under the legislation, employers will be obliged to provide a minimum number of paid sick days annually from 2023.

Keep up to date with changes in your payroll for 2022. We list some of the most important changes which may have an impact on your business.

Following our recent visit to iPass 2022 we’ve put together our top takeaways that might impact your payroll in the future. If you would like any further detail on the implications for your business please feel free to contact our Payroll Department directly.

Accountex returned to ExCeL London after three years and that was a “must” for the NKC team to attend. For those unfamiliar with it Accountex is Europe’s largest annual business event where the accountancy and financial profession come together to shape the future of this rapidly evolving industry.

Payroll continues to experience great change as an industry, with technology, legislation, and social trends impacting from all directions. While the COVID-19 pandemic has accelerated some of these changes, it would be fair to say that it has not swayed the industry in a different direction.

Our NKC Tax Book for 2022 is here1 The tax book provides a quick guide for you to check updates and changes in tax rules for 2022.

Did you know that the pulp and paper industry is the 3rd largest industrial polluter of air, water, and soil? With chlorine-based bleaches being used during paper production, toxic materials are being released into our air, water supply, and soil.

Revenue have issued updated guidance on the Temporary Wage Subsidy Scheme (TWSS)

Revenue have issued updated guidance on the Temporary Wage Subsidy Scheme (TWSS)

Revenue have issued updated guidance on the Temporary Wage Subsidy Scheme (TWSS)

Revenue have updated their arrangements for payment of €203 weekly to staff temporarily laid off. The €203 is processed separately on payroll, which Revenue note on ROS.

For employees who have been laid off due to the Covid pandemic – they can apply for a six-week emergency payment.

Covid-19 Employer guidance from the Department of Employment Affairs and Social Protection