News & Advice

Category: Tax returns

Transactions with UK post Brexit

Transactions with UK suppliers and customers post Brexit – VAT and Import Duties No doubt you have read about the delays and increased administration in relation to trading with the UK since 1st January.  It is not only trading in goods that are affected, as changes to the treatment of services could also apply.  We […]

Newsletter – April 2021

Well Happy April! – The sunrise is just after 6, and the sunset is almost 9pm. We can now travel within the county or up to 20km from our homes. Let’s hope we all get vaccinated soon and get away for a bit of sun.     Taxation of the TWSS for directors Revenue clarified […]

Newsletter – March 2021

The Covid Restrictions Support Scheme (CRSS) The Covid Restrictions Support Scheme (CRSS) was introduced by the Government in the last budget to assist businesses that have had to prohibit or considerably restrict customers from accessing their business premises (Level 4/5 restrictions). Your turnover in the period for which the restrictions are in operation must be […]

Newsletter – January 2021

Happy New Year everyone and welcome to our first Newsletter of 2021. Well Brexit has finally happened and brought with it some problems for our clients who import or export goods from the UK. Those who could had stockpiled 3 – 6 months stock, but others whose product has a shorter shelf life are experiencing […]

Tax Liabilities

While we confirmed in earlier articles, you could withhold PAYE and VAT payments since January, Revenue have now further confirmed that the liabilities unpaid, need not be repaid for 12 months AFTER the recommencement of trading, and no interest shall accrue during this time. After that period, the business can then enter into an Installment […]