News

Grants for Start-Up Businesses in Ireland

Grants for Start-Up Businesses in Ireland

Grants for Start-Up Businesses in Ireland A key component of any successful business is of course funding. Quite often companies will need funding to support expanding and grow the business. Due to the Covid-19 pandemic, this funding may even be necessary for the business to stay afloat. This is more […]

Types of Companies in Ireland

Types of Companies in Ireland

Types of Companies in Ireland There any many different types of companies in Ireland available to any prospective entrepreneur. The main types are a Private Company Limited by Shares (Ltd), a Company Limited by Guarantee (CLG) and a Designated Activity Company (DAC). Lesser used company forms are an Unlimited Company […]

DAC 6

DAC 6 and The UK

DAC 6 and The UK DAC 6 as it’s commonly referred to is an EU Directive on cross-border tax arrangements and is a system of mandatory reporting of cross-border tax arrangements affecting at least one EU member state where the arrangements fall within one of a number of “hallmarks”. The […]

CbC reporting

Could Public CbC Reporting be coming to the EU?

Could Public CbC Reporting be coming to the EU? The EU is pushing to introduce public CbC reporting for multinational companies. This idea of country-by-country (CbC) reporting was an unpalatable one for member states a couple of years ago. However, it now appears to have gained support with the EU […]

UK Set to Join New Trading Partnership

UK Set to Join New Trading Partnership

UK Set to Join New Trading Partnership The UK is set to join a new trading partnership. The UK has recently requested to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). CPTPP The CPTPP is an 11-party multilateral free trade agreement (FTA) that includes several Asia-Pacific countries. This new trading […]

Business Support Measures Extended

Business Support Measures Extended

Business Support Measures Extended The Irish government has announced the extension of the Business Support Measures. The extension of the two schemes intended to support businesses during this public health crisis while also pushing back the VAT Return of Trading deadline due to the recent reduction in the headline VAT […]

Employment Investment Incentive

Improvements to be made to Ireland’s Employment Investment Incentive

Improvements to be made to Ireland’s Employment Investment Incentive Improvements are set to be made to Ireland’s Employment Investment Incentive. This comes on the back of the Government recently calling for input from stakeholders on potential enhancements. The new measure will grant income tax relief to individual investors who make […]

EU-UK Trade And Cooperation Pact

EU-UK Trade And Cooperation Pact

EU-UK Trade And Cooperation Pact The UK is no longer a member of the Single Market or Customs union and therefore EU law no longer applies to the UK since the 31st of December 2020. The UK-EU trading environment has changed and is now governed by the EU-UK Trade and […]

E-commerce

Ireland and E-commerce VAT Reforms

Ireland and E-commerce VAT Reforms The European Commission and Revenue have released new guidance for digital platforms, online retailers and online marketplaces on the E-commerce VAT rules that are set to be introduced from July 1st, 2021. Under the reforms, online marketplaces and platforms that facilitate supplies of goods to […]