The Irish R&D Tax Credit is a valuable program that incentivizes companies to invest in research and development (R&D) activities. This blog post summarizes the qualification criteria for the credit and highlights recent changes implemented in January 2024.

Long-term financial planning is essential for businesses aiming to achieve sustainable growth. Taking control of your financial future allows you to navigate challenges with confidence and seize opportunities as they arise. It’s about more than just looking at the numbers; it’s a commitment to shaping the future you want for your business.

The Irish government's decision to extend the reduced VAT rate on gas and electricity for small businesses until April 2025 offers a temporary reprieve. However, the looming increase to 13.5% in May 2025 threatens to deliver yet another blow to already struggling small businesses.

As we step into a new year, it’s essential for Irish businesses to stay informed about the significant budgetary changes coming into effect in 2025. These updates have been designed to stimulate innovation, support entrepreneurship, and address challenges in sectors like housing and creative industries.

The 2025 tax year introduces a variety of changes that employers need to be aware of to stay compliant and manage their payroll processes effectively. While some updates provide tax relief, others bring new responsibilities.

As the festive season approaches, many businesses are looking for ways to show their appreciation to employees. While cash bonuses might be a tempting option, the tax implications can significantly reduce the net value.

Starting a new business venture can be exhilarating, but it also comes with a range of financial challenges. Whether you’re expanding into new markets or launching a completely new product line, integrating the venture into your existing financial plan is crucial for ensuring long-term success.

As part of your ongoing personal tax compliance, it's important to be aware of Capital Gains Tax (CGT). CGT is a tax that individuals in Ireland need to pay when they make a profit from selling certain assets.

Budget 2025 has delivered a significant boost for workers and households, addressing the cost-of-living crisis. However, the implications for businesses are more nuanced. While some sectors will benefit, others face challenges.

As a self-employed individual in Ireland, understanding preliminary tax is crucial. This tax is an estimate of the amount you'll owe for the current trading year, covering income tax, Pay Related Social Insurance (PRSI), and Universal Social Charge (USC).

Taxes are a fact of life, but that doesn't mean you have to pay more than necessary. In Ireland, the government offers various tax credits designed to ease the burden on taxpayers. This guide explores some of the most commonly claimed tax credits, helping you understand what they are, who qualifies, and how to claim them.

The Irish government has introduced a new grant scheme, Power Up, to provide much-needed financial support to struggling retail and hospitality businesses. With a total budget of €170 million, the grant aims to help businesses offset the rising costs associated with operating during the busy Christmas period.

For self-employed individuals in Ireland, the deadline for filing your self-assessment tax return is October 31st, 2024. However, if you've signed up for Revenue Online Service (ROS), you'll have until November 14th, 2024 to file and pay.

For self-employed individuals in Ireland, the clock is ticking on their annual self-assessment tax return. With the official deadline of October 31st, 2024 looming, understanding the process and navigating the complexities can feel overwhelming.

The Network and Information Systems Directive 2 (NIS2) is a key EU legislation aimed at bolstering cybersecurity across the continent. By imposing stricter requirements on companies to protect their digital infrastructure, NIS2 seeks to create a more resilient and trustworthy business environment.

Budget 2025, presented by Minister for Finance Jack Chambers, introduces several impactful changes aimed at benefiting small and medium-sized businesses. From adjustments to income thresholds to new relief measures, this budget brings about significant updates that could directly affect your business and its financial outlook.

The European Union has taken a significant step forward in its efforts to combat money laundering and terrorist financing with the introduction of its new Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) package.

To stay competitive in business, keeping costs in check is crucial. Smart cost management helps businesses not only boost profits but also stay  ahead of competitors and grow in sustainably.

Credit control is essential for every business, even though it's often overlooked. It’s more than just keeping track of who owes you money; it’s a smart, proactive approach to getting paid on time and maintaining a healthy cash flow.

An unpredictable economic climate seems to be the norm these days, with businesses faced with a unique set of challenges that can strain financial stability. Changes in inflation, fluctuating interest rates, and global uncertainties, mean that maintaining a healthy cash flow is more important than ever. Cash flow - the movement of money in and out of a business - acts as the lifeblood of any organisation.