Insights | Baker Tilly

Insights

FRS 102- New Reporting Standard for Irish Companies

While FRS 102 may be similar to old Irish/UK GAAP, there are a number of significant differences which will need to be considered in the coming months. Some of the key differences which will impact on business owners include the following:

5 Key Benefits of Outsourcing your Business's Financial and Payroll Functions

By engaging the services of a professional outsourcing team, not only is the business owner ensuring that their organisation benefits from the broad experience of that team, but it also allows them to focus their energy and full attention on growing and developing the business itself.

The Companies Act 2014 Signed Into Law

here are a number of important factors for both company directors and company members/shareholders to consider before the 2014 Act is enacted and we have outlined below some of the key factors which you may find useful during your preparations.

PAYE PRSI - Key Points to Note for Company Directors and Self Employed Individuals.

As a small business owner you will be preparing for the submission of your PAYE/PRSI P.35 Annual Return, which is due for submission to the Revenue Commissioner on or before 15th February 2015, with an extension to 23rd February if both the submission and payment are completed electronically through ROS.

2015 - Key Dates for Small Business Owners To Consider For The Year Ahead.

One of the more significant dates for employers at the beginning of the new year will the completion and submission of their P.35 – PAYE/PRSI Annual Return. This return is required to be completed and submitted on or before 15th February 2015, with an extended deadline of 23rd February if both the submission and payment are made electronically through ROS.

5 Steps To A Successful Stocktake

Before you commence your stocktake it is important that you have a full understanding of the resources and time required, so as to reduce the level of interruption to your business.

7 Possible New Years Resolutions for Small Business Owners

As a small business owner you will have systems in place for all aspects of your business; however these may be in place for a number of years and it is advisable to review your systems to identify improvements to allow efficiencies to be achieved.

Capital Gains Tax - December Deadline and Other Key Dates for Individuals

While there have been suggestions that the Income Tax deadline was to be brought forward, the Minister for Finance has just announced that such a change will not occur for 2015 and that no change is expected in the life of the current Government.

RESIDENTIAL PROPERTY MANAGEMENT COMPANIES - ANNUAL REPORT AND SINKING FUND REQUIREMENTS

The Annual Report presented to the members of a residential property management company will cover a specific period, which is generally the preceding year's Financial Statements.

Is Your Charity Registered with the Charities Regulatory Authority (CRA)?

Why Being A Small Business Has Its Advantages

There are many advantages available to the small business owner which, if used correctly can give the small business owner the upper hand on their larger competitors.

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