Financial Matters

Key Employee Engagement Programme (KEEP)

In Budget 2018, the Minister for Finance announced a new scheme called KEEP, an incentive to facilitate the use of share-based remuneration by unquoted SMEs to attract and retain key employees. This article provides details of the scheme that may be of interest to members and calculations of the tax liability arising pre- and post-KEEP for a sample scenario. .. Read more


How Basel 11 Impacts on the Way that Banks deals with Business Customers

Business customers will have noticed that banks have adopted a more standardised approach in their dealings with them. New banking regulations have driven this change. Just as money laundering legislation requires banks to obtain documentary evidence of proof of identity and proof of address from businesses who deal with them, the European Capital Requirements Directive (Often referred to as BASEL 11) requires .. Read more


Maintaining a Healthy Credit Score

In the current business environment, cash flow is king. Maintaining a good credit score and having a high credit limit can help you get new credit facilities or extend existing terms which in turn can have a positive effect on your cash flow. Every owner manager understands the importance of credit and a company also needs to ensure they are eligible to .. Read more


PAYE modernisation and 9 other essential things about business taxation

Playback a recording of our Business Bytes event from November 2018 which focuses on PAYE modernisation and 9 other essential things about business taxation... .. Read more


SFA Webinar - Save on tax and engage employees

Many members of the SFA have cash balances on their balance sheet, but the spectre of high tax rates prevents them from drawing down the cash. Combine this with the desire to help a valued staff member onto the property ladder, and you have a conundrum. Well take a listen to this SFA Webinar delivered by Ben Hoey from Quartech – they may have the perfect tax efficient solution for you. .. Read more


The Professional Insolvency Bill

There has been general consensus that a change to the existing structures for the resolution of personal insolvency is necessary. The Personal Insolvency Bill represents the Government’s proposals to implement reform in this area. The Bill proposes the introduction of three non-judicial debt settlement arrangements and a reform of the existing bankruptcy regime. The proposals will allow for the write down or restructuring of both secured and unsecured debt owed by .. Read more


Understanding Tax for Small Businesses

Like any other overhead, tax is a cost that needs to be managed and controlled by all businesses in as efficient a manner as possible. This is of paramount importance to small and medium sized enterprises (SMEs) given the importance of cash-flow management. This guide which has been prepared by the Irish taxation Institute is intended to provide businesses within this sector with practical advice as to what they should do to manage their tax affairs in .. Read more



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