In this scenario, we look at a company looking to set up in Ireland from abroad. A company may look to set up in Ireland to access the EU market and to avail of our 12.5% corporation rate, but what do they need to consider before doing so? Filings The company needs to...
As reported in the Irish Times, 03.03.2020, the latest exchequer returns show the Government received income tax of €3.97 billion for the months of January & February, 3.3% lower than forecasted but up over 14% based on previous years. VAT income was up by 4%,...
Revenue issued their 2018 Annual Report on 09th May confirming Revenue collected net Exchequer receipts of €54.6 billion last year. Chairman, Niall Cody stated that; ‘when compared to 2017, net Exchequer receipts increased by €4 billion. There were increased receipts...
Companies and their directors are seen as two separate legal entities. Therefore, when a director wishes to borrow money from their company for personal use even for a short period of time there are a number of legal restrictions and tax implications to be considered....
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