If you need to de register from a particular tax you can use the form TRCN1 This form covers VAT Employers Taxes (PAYE/USC/PRSI) RCT Income Tax Corporation Tax For any tax advice please feel free to contact us on 091-442882
In recent months I’ve noticed a few people mentioning that the VAT rate on services is 13.5% (One even charged it incorrectly on an invoice). Simply put the VAT rate on services is often NOT 13.5% 13.5% is the ‘lower’ rate of VAT. 21% is the ‘standard’ rate of VAT. To give you an example [...]
If I’m totally honest pricing is one of the hardest parts of being in business. We run the practice as efficiently as possible to keep costs down for our clients. Clients are now getting more and more price sensitive. But like most other products and services it can be a complete false economy to choose [...]
I’ve been very lazy with blogging over the last few weeks for a variety of reasons but I will now make an effort again. Firstly Xero is going to be offline tomorrow 13/02/2011 Irish Time 16:00 for two hours. Secondly I am considering running a small business one day boot camp with some other trainers [...]
Every company must have at least two directors. But who can act as one? The answer is almost anyone. There is no formal requirements to becoming a company director unless the articles of association of the company say different. The following can NOT become directors A body corporate (another company) An undischarged bankrupt The auditors [...]
Every month large organisations pour over budgets, Analysiing variances, updating forcasts.. But what about Small Businesses? Should they budget too? Absolutely. If you don’t prepare a budget you have nothing to aim to. Budgeting will assist with business planning and cost control ultimately success. What Is a Budget?Although you might not know it, you prepare [...]
Firstly lets look at the terms used in this post: The Break-Even point in sales volume is defined as: “ That point in sales volume, or revenue, where direct costs have been recovered, fixed overhead expenses have been absorbed and where profit begins” Contribution is the SALES less VARIABLE COSTS Contribution is so called as it [...]
I’ve been researching call answering services (virtual receptionist) for a few weeks now, My problem is relatively simple. 80% of the time either myself or one of our staff members is available to answer the phone. But at times like Christmas and Holidays I may require some extra support. The only professional pay as you [...]
Fiddaun
Craughwell
Galway
Phone: 091-442882
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Centre Block
Docklands Innovation Park
128 – 130 East Wall Road
Dublin 3,
Phone: 01-4800531
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020 8133 7769
