Year: 2018

Budget 2019

Written by David on October 9, 2018. Posted in Budget, News, Tax Briefs.

The following headline items arise in Budget 2109. Download our Budget 2019 newsletter in PDF format for full analysis.

• Corporation Tax Rate remains at 12.5%
• A new Anti-Avoidance Directive (ATAD) compliant Exit Tax regime is to come into effect from midnight tonight.
• The 9% VAT Rate will be increased to 13.5% for the Hospitality sector from 01 January 2019
• There will be an increase in the Minimum Wage to €9.80 from 01 January 2019
• The Minister announced changes to both the rates and bands for Universal Social Charge
• Increase in the Standard Rate Income Tax bands of €750
• The Earned Income Tax Credit will increase to €1,350
• The Training Levy Fund will increase by 0.1% which will increase the employers PRSI rate
• An increase in the Group A Exempt Threshold for Capital Acquisition Tax of €10,000 was also announced

Five Things we Learned this International Women’s Day

Written by David on March 21, 2018. Posted in News, Noone Casey News.

Here at Noone Casey, we are passionate about supporting Women in Business and we are delighted to support Roseann Heavey, one of our partners, as she takes on the role of the 2018 National President of Network Ireland.

Network Ireland is a progressive, dynamic organisation supporting the professional and personal development of women. Our membership is made up of a very diverse group of women, from budding entrepreneurs, SME owners, professionals and leaders in indigeno.

As part of her role as National President, Roseann had the task of running an International Women’s Day Event for 250 of Ireland’s leading women in business. The sold-out event was held in the Intercontinental Hotel in Dublin on March 8th and proved a huge success.

We thought we would share with you some lessons, ideas and statistics we took from the day and provide you with some food for thought, in this first blog of our Women in Business Blog Series.

Three Things ALL Professional Contractors Should Do After Their CV is Written

Written by David on March 14, 2018. Posted in News, Uncategorized.

The next article in our series in helping Professional Contractors is all about the CV. (Read our other article here).

Many of our clients who are professional contractors talk to us about all aspects of their business. One gap that we noticed is that many are unsure of what to do once their CV is completed. Some have been in contracts for a long period of time and notice there is a change in how to approach new contracting roles.

With the “perfect” CV at hand, you can sell your capabilities and achievements and begin to seek new opportunities in the jobs market. The application process is becoming increasingly competitive and simply sending in your CV, and sitting back, waiting for magic to happen, is not good enough.

We have come up with three tips that can make the difference in landing you the perfect role.

Did You Know: Medical Expense Claim

Written by David on March 13, 2018. Posted in News, Tax Briefs.

Are you a sufferer of coeliac disease? If so, it is possible to include the costs of dietary requirements in your medical expenses claim once you retain the receipts. It is important to note that you must have proof in the form of a doctor’s letter. Once obtained it could get you a tax relief of 20% on specialised foods.

TOP 5 CONTRACT EMPLOYMENT MYTHS – DEBUNKED!

Written by David on February 26, 2018. Posted in Business Briefs, News, Uncategorized.

Professional contracting can seem like a daunting and confusing way of working to some but traditional 9 to 5 work, is slowly becoming a thing of the past, with today’s workforce being made up, more and more of professional contractors. In this blog, we debunk 5 contract employment myths and demystify common misconceptions surrounding the world on professional contractors.

Legal Brief: The Companies (Accounting) Act

Written by David on February 21, 2018. Posted in Legal Briefs, News.

The Companies (Accounting) Act 2017 (the “2017 Act”) came into force on the 09 June 2017 and it substantially amends, updates and supplements the Companies Act 2014 (the “Companies Act”).

It should be noted that the majority of the provisions of the 2017 Act came into force on that date with the new accounting requirements applying in respect of financial years which commence on or after 1 January 2018.

Employers – What Constitutes Reasonable Accommodation?

Written by David on February 16, 2018. Posted in Legal Briefs, News.

Earlier this year the Workplace Relations Commission considered a case which looked at the extent of an employer’s obligation to make reasonable accommodation for an employee with a disability. The case is useful, in that it provides an indicator to employers of what is expected of them in order to deal with a situation where they are seeking to reasonably accommodate an employee.

Get a “HOTDESK” in a Hot Location

Written by David on February 12, 2018. Posted in Featured, News, Uncategorized.

Enterprise Ireland are working to help Irish SME’s to get their first taste of expansion by offering three available private office spaces in their business incubation facility.

Tax Brief: Stamp Duty

Written by David on February 7, 2018. Posted in News, Tax Briefs.

The rate of stamp duty on non-residential property was increased from 2% to 6% with effect from midnight on Budget Day. However transitional arrangements are in place whereby the 2% rate of stamp duty will apply to binding contracts entered into before 11 October 2017 provided the instrument for the transfer is executed before 1 January 2018.

Did You Know: Illegal Interview Questions

Written by David on February 5, 2018. Posted in Legal Briefs, News.

Noone Casey Business News, Illegal Interview Questions

In light of the recent Workplace Relations Commissions ruling against Minister of State for Training and Skills John Halligan T.D. regarding illegal interview questions, it is important to consider the “do’s” and “don’ts” of job interviews.

Under the Employment Equality Acts 1998-2004, there are nine clear grounds of discrimination: age, disability, gender, sexual orientation, family status, marital status, race, religion and membership of the travelling community. A question posed by the interviewer that falls under any of the aforementioned grounds during a job interview is prohibited. Many companies, and evidently State Departments, have found this out the hard way.

All employers should be aware that questions referring to any of the nine grounds for discrimination need to be avoided during the application and interview stage. While such questioning may seem innocent in nature, beware they come with serious repercussions.

SME’s Get Support in Exporting to China

Written by David on February 2, 2018. Posted in News, Noone Casey News, Uncategorized.

Irish SME support in China, Noone Casey Business News

Throughout the last three decades, Irish firms have seen sales grow, relationships become stronger and awareness of Ireland increase in China year after year. The sheer size of China’s economy provides a wealth of opportunities for determined Irish companies.

There are a growing number of young professionals with significant disposable income in the major coastal cities who aspire to higher standards of living. Also, in their drive to address export markets, Chinese businesses are developing an appetite for technology, systems and infrastructure that cannot be satisfied by domestic suppliers.

Did You Know: Benefit In Kind

Written by David on January 31, 2018. Posted in News, Tax Briefs.

Noone Casey Business Brief, Benefit in Kind — Business Brief, Benefit in Kind

Are you changing your car in 2018? It was announced in Budget 2018 that a new 0% Benefit in Kind rate on electric motor vehicles was introduced from 1 January 2018 to 31 December 2018. A comprehensive review of the Benefit in Kind regime will take place in 2018 which could see this measure been extended into the future.

Business Brief: Revenue Opinion and Confirmations

Written by David on January 30, 2018. Posted in Business Briefs, News.

In 2017, Irish Revenue published an eBrief regarding the period of validity of opinions and confirmations. Revenue will only provide an opinion or confirmation for complex issues, where information is not readily available or where there is genuine uncertainty regarding applicable tax rules. An opinion or confirmation represents Revenue’s view of the application of tax law to a particular transaction.