Payment of Research and Development Tax Credit to be Expedited To support Irish businesses and their cash flow. The Irish Revenue has announced that the Payment of the Research and Development Tax Credit is to be expedited. This will bring forward the payment of instalments of excess research & development […]

Things to Consider When Scaling Up If your business and company are looking to take the next step, grow and scale up. There are a few things to consider when scaling up. The are many barriers to scaling businesses whose aim is to expand into new territories, such as the […]

Updates on Taxpayers’ Preliminary Tax Obligations Recently, Irish Revenue has provided updates on taxpayers’ preliminary tax obligations with regard to corporation tax. As well as clarifying rules around where there is no preliminary tax due and the due dates. The change has been made on the (TDM) Tax and Duty […]

Inheritance Tax Rethinking by UK Government According to the current UK Chancellor, Sajid Javid, an Inheritance Tax Rethinking by the UK government is possible. He has indicated that the Government, which is a conservative government, favours changes or may even get rid of the inheritance tax regime. This statement was […]

Summary of Budget 2020 On the 8th of October, Minister for Finance Paschal Donohue released his third budget as a minister. There have been tax and spending changes, as well as a significant fund put aside in the event of a hard No-Deal Brexit. In general, there were no great […]

Trust and Company Service Providers Firstly, Trust and Company Service Providers, also known as TCSPs, are any person or company, in short that provides the following services: The formation of companies and/or other corporate bodies Someone who acts as a Director or Secretary of a company which is under an […]

Two Tier VAT Registration Announced by Irish Revenue It has been announced that Irish Revenue is developing a two-tier VAT registration system for separate domestic and EU VAT registration. Under the new system, a company may apply for an ‘intra-EU’ or a ‘domestic-only’ registration. This change will apply to those […]

Setting up a Discretionary Trust for Children with Special Needs Every parent wants to care for and provide for their children. If you’re the parent of children with special needs, additional assistance is sometimes needed. This could be because of an inability or disability to do certain tasks on their […]