Posts from December 2019
Hi I’m Colum Whelan, the Principal of Guardian Management Accounting. On the first of January last one of the greatest changes to happen in Irish taxation, PAYE modernization came into effect. Under this scheme, an employer must now run a payroll before paying an employee any money. Failure to do this can lead to a […]
Hi I’m Colum Whelan, the Principal of Guardian Management Accounting. Many of our clients are either retired or reaching retirement age and thankfully are in a very comfortable financial position and have excess cash reserves more than they need on a monthly basis. We’re currently working with them to come up with a tax efficient […]
Hi I’m Colum Whelan, the Principal of Guardian Management Accounting. In October, every year, sole traders and directors of limited companies are obliged to file an income tax return by the 31st of October if filing a paper return. If you’d like to file electronically under Revenue Online System ROS you get a further extension […]
Hi I’m Colum Whelan, the Principal of Guardian Management Accounting. A question we’re frequently asked is: what is the most efficient way to provide an employee with a car? In our opinion providing an employee with an electric vehicle is the cheapest way to give that person a car. A company can provide a car […]
Hi I’m Colum Whelan, the Principal of Guardian Management Accounting. Over the 25 years we’ve been in business the most common question we’re asked is: How should I trade? As a sole trader or as a director of a limited company? The answer to this question largely depends on the level of turn over you’re […]