News & Insights

Stay up to date with the latest news and updates from MC2 Accountants. From industry insights and regulatory changes to company announcements and events, our news section provides you wit the information you need to stay informed. Follow us to stay abreast of the latest developments in the accounting and financial world.

COVID-19 Business Supports Updates

Updated 9 April 2020 The Department of Business, Enterprise and Innovation (DBEI) and Revenue, along with their agencies, have announced a number of business supports to help businesses address the challenges posed by the Covid-19 virus. The announcement by the three...

Frequently Asked Questions about the Temporary Wage Subsidy Scheme

The COVID-19 Temporary Wage Subsidy Scheme came into effect on 26 March 2020. The scheme allows eligible employers to continue to pay their qualifying employees during the COVID-19 pandemic. The objective of the scheme is to keep employers registered with their...

Introducing Chrysalis Corporate Planning from MC2

We’re proud to introduce Chrysalis Corporate Planning, a bundled service offering for corporate clients and owner-managed businesses which brings together our specialist skills in banking, financial planning, …

Corporate Finance – Narrowing The Funding Gap

Emergence of Alternative Lenders Over the past number of years we have experienced a changing landscape in finance. The current financial environment requires a variety of funding options to be assessed to identify the most suitable solution to meet the evolving needs...

Revenue CLAMPDOWN on ‘Offshore’ Income or Gains

Tax Amnesty for Irish taxpayers with undeclared foreign income, assets, gains or bank accounts What is it? Revenue are clamping down on Irish taxpayers with undisclosed ‘offshore’ income or gains. After 30 April 2017 it will no longer be possible to make a voluntary...

Changes to Civil Service Mileage and Subsistence Rates from 1st April 2017

The Department of Public Expenditure & Reform has recently announced changes to Civil Service mileage and subsistence rates. These changes will take effect from 1 April 2017 and it is expected that these rates will remain in place for the next 3 years. The...

Home Renovation Incentive Scheme

Home Owners and Landlords can claim the Relief. The Home Renovation Incentive Scheme (HRI) allows owner occupiers and landlords who engage tax compliant contractors to carry out qualifying work on residential properties to claim tax relief by way of a tax credit equal...

Income Tax Deadline Fast Approaching.

The deadline for filling an income tax return for 2016 is only around the corner and unless your only income is a salary from and employment on which you pay tax through PAYE and you do not own any other investments, assets etc. then you have an obligation to file a...