Bloggertone

With the next year end just around the corner for these businesses I thought I would share some general housekeeping tasks that can be done in advance of New Year’s day to help save a few tax euros.

The Ministers for Finance and Public Expenditure & Reform in Ireland presented their budget measures for 2013 on December 5th 2012. While the well signalled Property Tax was the major new tax measure introduced, there were however changes to the PRSI system and some other changes that were new. I propose to look at some of the measures presented in “Budget 2013 Ireland” yesterday that will have an impact on the general business community.

Every company’s CEO thinks they know what their sales revenue figure is. SaaS revenue is simple to work out, but it is different to what you might expect.

Over my twenty-four years in accounts I have seen many invoices; some are laid out simply and correctly, some don’t give the required information and some could be easily copied for Vat and accounts fraud…

Debt collection is not a nice job but a necessity to keep your business going. In these hard times it’s a task that seems to be more prevalent to businesses everywhere…

In my previous blog post I introduced the two key accounting documents that you use to manage you business. This post concentrates on the first one of these:The Profit and Loss Account or P&L. The Bottom Line…

Income taxes are the single largest expense that a small business owner will encounter. This amount is often larger than their home…

This is one of the few sure fire ways to get money tax-free out of your business. Legally, I mean. Misused and misunderstood, I am setting the record straight on Director’s Expenses.

For a number of years Ireland has operated a system of self assessment. This system puts the onus on the tax payer to make a correct return and file it on time. This whole process can be very daunting especially to those who are approaching self assessment for the first time.