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Don't forget the standard rate of Irish VAT is due to increase to 23% with effect from 1 March 2021. The rate had been reduced to 21% for a six month period from 1 September 2020 to 28 February 2021. The 9% reduced Vat rate remains effective until the 31 December 2021. Be sure to take into account the following: 1 - Systems will need updating. Your EPOS and accounts systems will need to be updated with the new standard rate change. 2...

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...

Unprecedented times have brought with it unprecedented challenges for employers in Ireland and particularly SME’s. This short guide will help employers navigate these choppy waters and help answer some of your questions facing them. We have prepared a guide to assist you which sets out Employee and Employer Supports that are currently available. Click here to download our guide here. If you are worried about any aspect of your business’s payroll and feel you need assistance or support from...