News & Insights

Speaking on the Red Business podcast, our managing partner Jim McCarthy and Jonathan Healy discuss the circumstances of when a business should continue trading and how to emerge stronger from present conditions. 

If your business has been impacted by the latest public health restrictions, it may qualify for financial support through the Covid Restriction Support Scheme (CRSS).

Commencing on Friday, 15th January 2021, all individuals registered on ROS MyAccount should receive a preliminary end of year statement for 2020. This statement will outline any latent income tax and USC liabilities arising on the subsidy payments received under the...

Overview of the EWSS As the Country is in the middle of its third national lockdown, businesses are experiencing the economic fall-out from the pandemic. In order to protect their business in the long term, many employers face very difficult decisions regarding their...

Under current tax legislation, a person is obliged to pay Capital Gains Tax (CGT) on a disposal of an asset, if a taxable gain arises, by the following deadlines: Disposal Periods   Tax due date1 January - 30 November 202015 December 2020  1...

Requirement for employers to provide subsidy paid data by 31 October 2020. Revenue requires employers to report the actual subsidy that they paid to employees on each pay date to determine: if an employer either:needs to repay Revenue any amount of the subsidy paid to...

In response to the significant financial challenges faced by businesses as a result of Covid-19, the Government has legislated to allow for debts associated with the pandemic to be deferred or “warehoused”.  The scheme allows for VAT and PAYE liabilities arising in...