Insights: Irish tax and business updates

Budget 2027 in plain English: income tax, PRSI, minimum wage, CGT, inheritance tax, the new Investment Account and the changes most people missed.

Pension auto-enrolment Ireland: who MyFutureFund covers, contribution rates to 2035, payroll duties, opt-out windows and penalties for employers.

AI and automation for Irish small businesses: what to automate first, what to keep human, GDPR basics, EU AI Act dates and e-invoicing from 2028.

VAT registration threshold Ireland 2026: €42,500 for services, €85,000 for goods. How the calendar-year test works, when to register and how to apply.

Sole trader vs limited company in Ireland: 2026 income tax, USC, PRSI and 12.5% corporation tax compared, with a worked example on €90,000 profit.

Revenue audit Ireland guide: the 3 intervention levels, 28 days' notice, qualifying disclosures, penalties from 3% to 100%, interest and records to keep.

RCT Ireland guide: who must operate relevant contracts tax, the 0%, 20% and 35% rates, eRCT steps, deadlines, penalties and the VAT reverse charge.

Form 11 deadline 2026: file your 2025 return and pay 2026 preliminary tax by 31 October, or 18 November if you pay and file on ROS. Rules and examples.

E-invoicing Ireland: Revenue's phased dates from 1 November 2028, EU ViDA reporting from 1 July 2030, and what small businesses should do now.

CRO annual return deadline explained: the 56-day rule, the €100 plus €3 a day late fee (max €1,200), audit exemption loss and strike-off risk.

Audit exemption Ireland: the new small company thresholds (€15m turnover, €7.5m balance sheet, 50 staff), the two-year rule and the late filing trap.

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The COVID-19 pandemic has taken a heavy toll on businesses in the hospitality sector over the last number of years. In an effort to support these struggling businesses, the Irish government implemented a temporary VAT reduction to 9% in the Budget of 2021.

As a business owner, it's important to monitor the metrics that matter most to your business. However, with so many areas of your business to measure, it can be overwhelming to determine which metrics to focus on. We often get asked by our clients what metrics they should be monitoring.‍

Buying your first home is not simple especially in the current climate with high house prices & the interest rates. The small gift exemption available can be a great way to build up a fund that can be utilised by your children in the future. 

A Recap of Budget 2023

There is a clear financial saving and freedom from employment law restrictions can certainly be enticing for both for you as owner and the freelancer. But as with most things there is no one easy answer. There are pros and cons to both business approaches.

Running a salon is hard work. We want to show you some highly rated softwares that will help make your life easier. All these softwares have been tested and rated by hairdressers around the nation.

The Government adopted the Sick Leave Bill 2022 on Wednesday, which would legislate for a mandatory sick pay plan for all employees, which will be brought in over a four-year period. In 2022, the new system will be implemented for three days per year, growing to five days in 2024, seven days in 2025, and 10 days in 2026.

The Minister for Social Protection, announced the details of the Final Design Principles for the Automatic Enrolment Retirement Savings System for Ireland.

In recent years, cryptocurrency has become a hot topic. Many people are investing in Bitcoin and other types of digital currency, and some people have even made a fortune from it. If you’re interested in getting into the cryptocurrency market, but don’t know where to start, don’t worry. This blog post will give you some tips on how to get started. Keep reading to learn more.

Irish consumers have been hit with ever-increasing prices for various goods and services over the past year. Here we outline the simple tips you can take to beat the rising cost of living. So how can you beat the rising cost of living this year?

There is no single best way to structure a private medical practice from a business perspective. The most appropriate structure for your practice depends on your specific needs, and goals.

The internet acts as a tremendous leveller. It has levelled the playing field in the corporate world. Anyone with a computer may start an internet business that makes money. But here's the thing: you don't need any technical knowledge. There are several tools available now to help you develop an internet business that make the technical work much easier than it was previously.

Tax reduction is available to anybody who makes pension contributions to certain pension plans (including AVCs – extra voluntary contributions). Employees and self-employed persons are both eligible for relief at their higher tax rate, subject to the limitations outlined below.

It’s the new year and you have great plans for the upcoming year and one of those plans is to improve you financial freedom. But where do you start?

Business goals are precise articulations of what your business will achieve within a particular time frame. They are more specific than your overall mission statement and fall under the umbrella of your business plan. Whether you're a massive corporation or a small business, having clear business goals that are time-bound and attainable allows you to orient your company in the right direction as you grow. But in order to grow you need to establish where you are now, where you were last year to determine your growth and goal settings.

There has been a VAT overhaul with new e-commerce VAT rules commencing on 1st July 2021. The rules are supposed to simplify life for businesses that sell online by ensuring VAT is paid where the goods are consumed or the services paid for are provided. However, I think most small businesses are even more confused than before!

Did you know that costs associated with food and entertaining are specifically excluded from being a tax deductible expense? This is something that is coming up again and again.