Tag: financial news

Starting a Business in Ireland

Starting a Business in Ireland

Starting a Business in Ireland There are many reasons why starting a business in Ireland is a smart decision. Ireland’s economy has shown consistent growth above the EU average. Ireland is one of the most favoured locations for business in Europe when you couple it with easy access to mainland […]

anti-money laundering

UK Government Reviewing Anti-Money Laundering Laws

UK Government Reviewing Anti-Money Laundering Laws The UK are currently reviewing its anti-money laundering and counter-terrorist financing (AML-CFT) laws after a broad-based consultation with stakeholders recently. Overview Three different areas are being looked at under this review: The overall effectiveness of the regimes and their scope. Are key elements of […]

New Trust Reporting Rules in Canada

New Trust Reporting Rules in Canada

New Trust Reporting Rules in Canada New trust reporting rules in Canada came into effect in 2021 which mandates certain trusts to provide further beneficial ownership information on an annual basis. The Reason for the changes and requirements From the 2021 tax year, under the changes, all non-resident trusts must […]

Business Resumption Support Scheme (BRSS)

Business Resumption Support Scheme (BRSS)

Business Resumption Support Scheme (BRSS) The Irish Government in a bid to help businesses recover in the wake of economic restrictions that arose due to the pandemic has launched the Business Resumption Support Scheme (BRSS). The BRSS Announced in the Government’s Economic Recovery Plan for Ireland, the BRSS will support […]

US/UK Tax Treaty

US/UK Tax Treaty Explained

US/UK Tax Treaty Explained The UK and United States governments reached an important agreement in July 2021 on the interpretation of the US-UK double tax avoidance treaty. This agreement will prevent certain taxpayers from being denied access to treaty tax benefits. We’ll summarise below the background of the problem and […]

Trusts Versus Foundations

Trusts Versus Foundations

Trusts Versus Foundations In this piece, we’ll discuss the comparisons and contrasts of two key mechanisms for wealth management; Trusts and Foundations. Introduction to Trusts The best way to think about a Trust is it acts as a safety deposit box for a person’s assets. Trusts are oftentimes an integral […]

Registering for VAT in Ireland

Registering for VAT in Ireland

Registering for VAT in Ireland Are you wondering about registering for VAT in Ireland? When you should register and what the thresholds are? In this blog, we’ll share what you need to know about registering for VAT in Ireland. In Ireland, a trader who makes taxable supplies of goods and […]

Setting Up a Limited Company in Ireland

Setting Up a Limited Company in Ireland

Setting Up a Limited Company in Ireland The most common form of company in Ireland is a Private Company Limited by Shares “(LTD)”. Other types of companies are available in Ireland such as the Designated Activity Company (DAC) which is limited by shares or limited by guarantee, a (PLC) Public […]

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 […]

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 […]