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Every business owner has their own unique way of doing things. It’s their specific skills and habits that make them so good at what they do - regardless of industry or product. But, there are some universal, common-sense best practices that every business owner should adopt to help their business or company run as smoothly as possible. So, if you’re looking to be more successful - read on! Try incorporating one (or more) of these habits to help your business thrive and...

On 1 February, Fáilte Ireland announced details of its new €55 million Tourism Business Continuity Scheme. The plan will help support the survival of businesses in the short term and assist in the recovery of the sector in the long-term. The scheme will support those tourism businesses that were not eligible for the Covid-19 Restrictions Support Scheme (CRSS) payment or any previous Fáilte Ireland continuity grant schemes. Applications for the new scheme open...

As businesses and finance teams across Ireland are preparing for the new tax year, the team here at Solve is making sure you stay up to date on the latest changes for employers in 2021. Minimum Wage Increase Starting 1 January 2021, the National Minimum Wage will increase to €10.20 per hour. This represents a 10 cent increase on the current National Minimum Wage of €10.10 per hour. EWSS — Change in eligibility for Employment Wage Subsidy Scheme in 2021 Employers will need to check...

With the deadline for the UK and the EU to reach a trade deal rapidly approaching, many businesses are concerned about what this means for them moving forward. If you run an EU-based business, it’s important that you familiarise yourself with the new rules and prepare for these changes so that you can continue trading with the UK from January 2021. Below, we provide you with a summary of steps to ensure that you can continue trading...

Covid-19 Online Retail Scheme – Its not over yet! 143 Retailers made use of the scheme – 41 were based in Dublin and 102 in the rest of the country. €5.3M was given out to these companies so they could develop the online side of their business and this will help them reach a wider customer base. The average grant value was €36,700 and it covers up to 80% of the project cost....

Is your turnover down 75% or more compared to 2019? The new CRSS scheme provides support to businesses impacted by COVID-19 and in particular the recent lockdown restrictions. This support is designed to be used to cover many of the fixed costs that business's will incur even when their premises is closed or open with restricted access. Below are some of the key points Business...

The government has announced a number of measures to support Irish businesses. We have done a summary run through what these are and how they will benefit your business. Keeping your employees on the payroll The government has announced that the rates of subsidy provided for under the Employment Wage Subsidy Scheme (EWSS) will be revised to achieve better alignment to the Pandemic Unemployment Payment (PUP) rates. Below is a short Q&A to answer the many questions that employers are...

The government has announced a number of measures to support Irish businesses. We have done a summary run through what these are and how they will benefit your business. COVID Restrictions Support Scheme (CRSS) A new COVID Restrictions Support Scheme (CRSS) has been announced for businesses that have been prohibited from trading or trading at a significantly reduced level compared to last year. The support will be in the form of a cash rebate and based on their average turnover...

As we enter into the final quarter of 2020, now is an opportune time to review and see what improvements you can make to your business. It is 7 months since we entered the first lockdown and began to see the impact that COVID-19 has had on our businesses. Now the battle lines have been drawn and we know the challenges that face us. To survive and thrive, we must embrace these challenges and face them head on. As part of...