EORI Registration

With Brexit moving closer all the time it is vitally important that traders are aware of the requirement to register for an Economic Operators and Identification (EORI) number. The EORI number is the minimum requirement for all traders who import and export goods with a non-EU country and there is a short learning tool available here. You can register for … Read More

Upcoming Changes to Parental Leave (Amendment) Act 2006

Within the next two years, a number of changes to the parental leave act are expected to take place. Please keep in mind that before these changes can come into effect, the legislation must first be enacted.   Paid Parental Scheme This scheme allows parents to take two weeks paid leave each during their child’s first year. This is expected … Read More

Public Register of Beneficial Ownership of Corporates

On 22 March 2019, the Department of Finance released regulations to set up a Central Register of Beneficial Ownership of Corporates. Under the regulations, members of the public will have access to certain information contained on the Central Register, including the name, nationality and month and year of birth of beneficial owners, but will NOT have access to additional information … Read More

Bulk Rate Review – Contractors and Subcontractors in the eRCT system

Attention for all Individuals and Companies registered for RCT In April 2019, Revenue will be carrying out a Bulk Rate Review (BRR) of all principal contractors and subcontractors in the eRCT system. Revenue have stated that they will be issuing reminder letters to both principal contractors and subcontractors outlining their obligation to correctly operate RCT in advance of the BRR. … Read More

Employment Updates – Changes to Employee Contracts & P45’s

EMPLOYMENT NEWS March 2019 Abolition of the P45 The P45 was abolished at the end of 2018 and is not being issued for employments which ceased on or after 1st January 2019. If the employment ceased prior to 1st January 2019, employers are obliged to issue a P45. Changes to Employee Contracts under the Employment (Miscellaneous Provisions Act) 2018 As … Read More

Value Added Tax (VAT) – A breakdown

Maurice O’Brien CPA MBS B.Bus (ACC) 13 February 2019 VAT VAT is the tax the state charge on the sale or goods or services. This tax is added to the price of most products and service. VAT is a tax on spending in Ireland so VAT is paid by consumers who pay for goods and services. Goods imported into Ireland … Read More

Budget 2019 – What do you need to know?

Mr. Paschal Donohoe presented his second Budget to the Dail and to the Irish people as the Minister for Finance and Public Expenditure and Reform. With a view to preparing Ireland for a “disorderly” Brexit at worst, the Budget seeks to boost the resilience of the Irish economy in order to minimise – in so far as is possible – … Read More