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

Autumn 2018 Newsletter

Welcome to our Newsletter for Autumn 2018: Topics: The Cork Business Awards Tag Rugby Champions 2018 PAYE Modernisation System Tax deadlines & tips Beneficial Ownership Register Autumn 2018 Newsletter

We’ve been nominated!!!

We are delighted to announce that we have been nominated in two categories of The Cork Business Awards 2018! The two categories we have been nominated in are: The Cork Accountancy Firm of the Year 2018 The Cork Small Business of the Year 2018 Thanks to all our staff for the hard work that got us nominated! #corkbusinessawards #cork #accountants #smallbusiness #award

Champions 2018!

Paul o’Donovan & Associates were crowned Champions at the Chartered Accountants Cork Society’s Annual Tag Rugby Tournament on Friday 29th June 2018. After 5 thrilling matches the team came up against worthy opponents PWC in the final! The team won in a final which saw end to end action! A great result considering they won the wooden spoon in 2018! … Read More