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CONSUMER CREDIT (AMENDMENT) ACT 2022 8 March 2023

The Consumer Credit (Amendment) Act 2022 was signed into law following a review by the Department of...
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INCREASED EMPHASIS ON DIRECTORS TO CONSIDER CREDITORS - EARLY WARNING TOOLS AND RESTRUCTURING FRAMEWORKS PUBLISHED 8 March 2023

The European Union (Preventive Restructuring) Regulations 2022 have inserted a new section 224A in...
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EU Sanctions in response to the situation in Ukraine 7 March 2023

EU Sanctions in response to the situation in Ukraine The Tax and Duty Manual on EU sanctions in res...
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Updated guidelines for the Temporary Business Energy Support Scheme (TBESS) 1 March 2023

Revenue eBrief No. 044/23 01 March 2023 Updated guidelines for the Temporary Business Energy Suppo...
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Claiming tax relief for Health Expenses - is now available on the Revenue website 16 Februray 2023

Claiming tax relief for Health Expenses Tax and Duty Manual Part 15-01-12 'Health Expenses - Q...
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IMPLEMENTATION OF REQUIRED PPS NUMBERS FOR COMPANY DIRECTORS GROWS NEAR 7 February 2023

Now as we enter the second month of 2023, we would like to draw attention back to the looming implem...
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Registration deadline looms for clients with property in the UK 25 January 2023

Do you have clients with property interests in the UK, or who are about to acquire or recent...
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Regulating AI – what Irish business needs to know ahead of new European Union legislation 17 January 2023

Enforcement for non-compliance with the AI Act includes fines of up to €30m or 6pc of global tu...
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Enhanced Reporting Requirements ( 2024) 16 January 2023

RMcH states:This is the way the revenue is planning to go forward in terms of enhanced reporting on ...
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FAQ's for Christmas Public Holidays 2022 20122022

Courtsey https://www.ibec.ie/sfa/news-insights-and-events/insights/2022/12/06/faqs-for-christmas-pub...
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New Guidelines for the Temporary Business Energy Support Scheme (TBESS) 16 December 2022

RMcH states:I have been getting some queries from client in relation Temporary Business Energy Suppo...
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Temporary Business Energy Support Scheme (TBESS) 16 December 2022

RMcH states:I have been getting some queries from client in relation Temporary Business Energy Suppo...
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EU seeks deal on world-first carbon border tariff 16 December 2022

BRUSSELS (Dec 12): The European Union is hoping to reach a deal late on Monday to impose a carbon di...
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Continuation of Virtual General Meetings see further down on email 16 December 2022

The interim period of two measures of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 h...
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Small Benefit Exemption 16 December 2022

RMcH states:I have been getting some queries from client in relation to bonused for staff for Christ...
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Revenue announce extension to debt warehousing 16 December 2022

Warehouse extension 2022 In December 2021, the Debt Warehousing Scheme (DWS) was extended for ...
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Transforming Sustainability into a Competitive Advantage by Anna Stella 16 December 2022

Now more than ever, many businesses acknowledge the need to be socially responsible. They’re r...
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Can cloud accounting help your sustainability and bottom line? by Alan Connor 16 December 2022

Whatever your sector, cloud accounting can be both the means to support your sustainability aspirati...
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Minister McGrath welcomes enactment of new law to strengthen Whistleblower protection 11 October 2022

From Department of Public Expenditure and Reform  Published on 28 July 2022 Last up...
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Implementation of the European Union (Preventive Restructuring) Regulations 2022 in Ireland 11 October 2022

RMcH states: In Ireland, the Directors’ Duties within the Companies Act 2014 will be amended f...
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EU Parliament Introduces New Crypto Tracing Laws and Regulations 29 September 2022

By Shannon Power, 21st April 2022 The European Parliament is working on a new set of crypto trackin...
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How to Come Up with a New Business Idea: Identifying Consumer Needs 29 September 2022

By Shannon Power, 29th March 2022 The journey each entrepreneur takes to come up with a new busines...
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Moore Global: $4 trillion increase in revenue for businesses placing greater importance on ESG 28 September 2022

RMcH states: Companies that have embraced ESG principles in recent years have enjoyed higher revenue...
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5 Major Cyber Security Threats 28 September 2022

RMcH states: When you start a conversation with someone about Information Security, it will almost i...
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Employee vs Self Employed 28 September 2022

RMcH states: Every so often we get queries on if I’m an employee or self-employed. The followi...
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Revenues Needed to Fund Public Expenditure. 28 September 2022

RMcH states: In terms of the economic and political ideological divide, the main area of disagreemen...
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Cryptocurrency & Common Tax Issues 28 September 2022

RMcH states: With the increase and popularity of cryptocurrency in recent years we have been getting...
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Debt Warehouse Scheme 28 September 2022

RMcH states: Recently we have received a few queries from clients in ration to revenue letters being...
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BUDGET SUMMARY 2023 28 September 2022

RMcH states:  This document is a short summary of the main changes in taxation, cost of living ...
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Cyber Security Awareness Training 9 June 2022

Ensuring your business is safeguarded by optimum cyber security solutions, employee training program...
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Ireland’s Increasing Global Appeal Buoys Irish M&A Activity to Near-Record Levels to end-April 2022, EY Data Shows 9 June 2022

RMcH states: Interesting artice from EY re Ireland’s Increasing Global Appeal Buoys Irish...
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Revenue Return Preparation Facility (RPF) – call for pilot testing. 26 May 2022

RMcH states: Interesting article from CPA Ireland re Revenue future filings Revenue have developed ...
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Registrar of Companies 23 May 2022

RMcH states: Interesting artice from Company Bureau re Companies Registration Office (CRO) as it con...
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As If Pronouncing EBITDA Wasn't Hard Enough, We Now Have EBITDAC 17 May 2022

RMcH states: The following is a very good article from Benchmark International. We work with Benchma...
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Private vs Public Cloud Benefits 13 May 2022

Which Platform is Best for My Business? Private vs Public Cloud Benefits As we move into a post-COV...
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EU Parliament Introduces New Crypto Tracing Laws and Regulations 6 May 2022

The European Parliament is working on a new set of crypto tracking laws to boost the potential of cr...
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BIK on Electric Cars 6 May 2022

RMcH states: As part of Budget 2022, the Dept of Finance have announced the phasing out of the 0% Be...
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Capital allowances Guide 6 May 2022

RMcH states: Capital allowances are a form of Irish tax incentive available to businesses for specif...
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Director's Loan Accounts Explained 6 May 2022

RMcH states: This is a very good article that explains Directors Loans and the tax implications of t...
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45% Of Companies Planning A Physical AGM As Opposed To A Remote Option 6 May 2022

RMcH states: As we see government restrictions lifting and people returning to physical events and o...
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Tax implications of an overdrawn Director’s Loan Account 14 March 2021

RMcH states: if you have your own company it's important to understand the issues around extracting ...
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Manual on EU Sanctions in Response to the Situation in Ukraine 9 March 2022

Manual on EU Sanctions in Response to the Situation in Ukraine A new Tax and Duty Manual - &nb...
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Major changes to working arrangements and immigration permissions for most non-EEA doctors 9 March 2022

Major changes to working arrangements and immigration permissions for most non-EEA doctors have been...
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Maintaining Growth for 2022 - 23 Feb 22

RMcH states: Irish SMEs will have rejoiced at the latest easing of restrictions and can now look to ...
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Additional Government Supports 11 January 2022

RMcH states:The additional Government supports announced before Christmas are as follows   (1...
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Covid Rates Waiver 11 January 2022

On 12 October a targeted commercial rates waiver to support certain sectors was agreed by&nb...
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Government supports for COVID-19 impacted businesses 11 January 2022

Government supports for COVID-19 impacted businesses Financial supports, training and guidance to h...
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Ireland will remain a destination of choice for US FDI with smart policy decisions by Regina O’Connor 7 December 2021

RMcH states: apparently if we keep up present policies etc, Ireland still viewed as a good place to ...
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Tax Measures subject to enactment of the Finance Bill 2022 7 December 2021

RMcH states: updates on EWSS extension, warehousing of revenue debt & WFH Measures to support...
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Employers paying Employees’ 2020 Tax Liabilities which arise due to TWSS - 7 December 2021

  RMcH states: Employers paying Employees’ 2020 Tax Liabilities which arise due to TWSS ...
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Northern Ireland Protocol – update by British Irish Chamber of Commerce - - 7 December 2021

RMcH states: The Northern Ireland Protocol (which keeps Northern Ireland aligned to EU rules on Good...
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Companies Emission Reporting Proposed - 7 December 2021

RMcH states: this will affect how audited entities report their carbon emissions A Private Members ...
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NEW Corporate Enforcement Authority, at third stage - 7 December 2021

RMcH states: The Companies (Corporate Enforcement Authority) Bill 2021 establishes the Office of the...
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Assets Around Ireland – Financing Future Growth by Paddy Gibbons & Felim O’Donnell 30 November 2021

RMcH states: this is a good article detailing whats happened? And the trends, and AIB offering their...
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New 10% stamp duty on cumulative purchase of 10 or more houses 30 November 2021

RMcH states: The Government recently presented a financial resolution to the Dáil that increa...
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Preparing to be an Employer of the Future by Derek McKay 30 November 2021

The world is developing at an exponential pace; we are experiencing significant transformation in ho...
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Economic Recovery Plan Published 30 November 2021

RMcH states: The Government has recently published its economic recovery plan setting out a new phas...
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New Business Resumption Support Scheme announced 30 November 2021

RMcH states: The Government has recently announced, as part of the economic recovery, a new support ...
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Brexit – Are We Nearly There Yet? 30 November 2021

RMcH states: Meanwhile us ordinary folks have to get on with the day-to-day implementation. So, what...
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BUDGET SUMMARY 2022 13 October 2021

BUDGET SUMMARY 2022 These are the key tax measures in the Budget Statement of 12 October 2021, as m...
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Debt Warehousing Updated 24 September 2021

RMcH states: We have had a few queries in relation to when debt warehousing ends. Please see latest ...
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Local Property Tax - what you need to do for 2022 23 September 2021

The Minister for Finance, Paschal Donohoe TD has published the Heads of the Finance (Local Property ...
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Business Resumption Support Scheme (BRSS) 13 September 2021

RMcH States: Revenue have introduces a new support to assist businesses affected by Covid 19 trying ...
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Staff members splitting tax credits. 10 September 2021

RMcH states: We have had a few Queries in relation to staff members returning to work and having 2 j...
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SELLING YOUR BUSINESS - Revised entrepreneur relief - 1 September 2021

RMcH states: the tax implications of potentially selling your business should be reviewed on an annu...
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Pay & File Extension Date - 2021 1st September 2021

RMcH states: Income Tax deadline is fast approching please start getting you books in to us before 3...
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Employment Wage Subsidy Scheme 1 September 2021

RMcH states:If you are looking to continue your cliam for EWSS you must ensure all your tax returns ...
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‘Real and Continuous Link’ Certificate 9 July 2021

1. IntroductionA company incorporated in the State must have at least one director resident in theEu...
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Companies with UK resident directors 9 July 2021

In our December newsletter we published an article  on our website to notify clients that  ...
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Revenue implement changes to provide CRSS enhanced restart week payment 3 June 2021

Enhanced ‘double rate’ payment available in respect of a three-week period Single pay...
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Minister Troy publishes General Scheme for Small and Micro Business Administrative Rescue Process 3 June 2021

From Department of Enterprise, Trade and Employment  Published on 11 May 2021 Last ...
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Tánaiste extends eligibility of Small Business Assistance Scheme for COVID (SBASC) 3 June 2021

18th May 2021   RMcH states: The Tánaiste and Minister for Enterprise, Trade...
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Revenue extend facility for employers to pay employee’s TWSS tax 3 June 2021

May 2021 The June deadline for employers who wish to pay their employee’s Temporary Wage Subs...
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Employers paying employees' 2020 tax liability: Article 28 February 2021

Employers paying employees' 2020 tax liability Revenue will facilitate employers who wish to pay em...
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TWSS Unexpected 2020 Tax Liability: Article 28 February 2021

Were you in receipt of TWSS in 2020 due to the Covid 19 pandemic. If so you may have a tax liabilit...
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How PUP received in 2021 is taxed: Article 28 February 2021

How PUP received in 2021 is taxed In contrast to the year 2020, PUP is taxable in real-time during ...
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How PUP received in 2020 is taxed: Article 28 February 2021

During 2020 the payment of PUP was not taxable at the time of receipt from Department of Social Prot...
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VAT - Postponed Accounting - 29 January 2021

RMcH states: revenue are providing a cashflow help to businesses paying import Vat, read on The Pos...
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The bill for Boris Johnson’s Brexit is coming in and it’s punishingly steep - 24 January 2021

RMcH: this is a very honest article by Andrew Rawnsley outlining the effects of BREXIT on sme's in o...
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Help to Buy (HTB) SCHEME - 29 December 2020

RMcH states: the Irish revenue HELP TO BUY scheme is excellent for first time buyers, acquaint yours...
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EMPLOYMENT LEGISLATION – introductions, changes and proposals that employers need to be aware 13 January 2021

RMcH states: this is an excellent article by Derek McKay Managing Director at Adare Human Resource M...
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Revenue Confirms Continuing Availability of Debt Warehousing Scheme - 1 January 2021

RMcH states: Revenue confirmed that the Debt Warehousing Scheme remains available to support busines...
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Brexit is here – Readiness Checker Tool and Revenue Information Update – 1 January 2021

RMcH states: with Brexit transition period ending on the 1st January 2021, Enterprise Ireland has a ...
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COVID-19 measures related to personal tax breaks - 14 January 2021

RMcH states: In December 2020 Revenue issued updated guidance in respect of certain COVID-19 measure...
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MINIMUM WAGE INCREASE - 1 DECEMBER 2020

RMcH states: From 1 January 2021, there will be a 10cent increase to the National Minimum Wage. This...
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BREXIT charging vat - simpler info - 1 DECEMBER 2020

    RMcH states: B2B will disappear on I January 2021. From that date, the UK will becom...
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CYBERSECURITY AND CYBER RESILIENCE ??? (AND WHY YOU NEED BOTH)- 1 DECEMBER 2020

RMcH states: in this article from forbes.com, it outlines the cyber threats – read about the D...
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E-BUSINESS AND LEGAL CONSIDERATIONS (T&C’s – show them) - 1 DECEMBER 2020

RMcH states: with many companies faced with e­commerce as their only option to trade, it is impo...
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BREXIT - NEW RULES FOR TRADE, TRAVEL AND LIVING IN THE UK AND EU FROM 1 JANUARY 2021. – 21 NOVEMBER 2020

RMcH states: Many businesses who trade with the EU are no doubt watching the Brexit negotiations clo...
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VAT CHANGES – 2 NOVEMBER 2020

RMcH states: a temporary reduction in the standard rate of VAT from 23% to 21% was introduced on 1 S...
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REVENUE's' STAY AND SPEND CREDIT - 15 NOVEMBER 2020-

RMcH states: the Stay and Spend Tax Credit is a new tax credit available for the years 2020 and 2021...
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DIRECTORS COMPLIANCE FOR UK OWNED IRISH COMPANIES POST BREXIT - 30 November 2020

RMcH states: Company Bureau, our consistent provider of all secretarial services From 1st January 20...
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POST BREXIT - dealing with VAT into & out of UK - 20 November 2020

RMcH states: Vat can be quite complex, this article simplifies slightly the changes as a result of d...
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EU SHOW THEIR TEETH! Amazon case - 16 November 2020

BRUSSELS (Reuters) - The European Union charged Amazon with damaging retail competition, alleging on...
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Yes, there are some benefits to Brexit - 29 October 2020

RMcH states:  Britain’s exit from the EU’s single market is expected to cause signi...
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GB Embassy Brexit Business Readiness Event in partnership with Ibec (02/11) - 29 October 2020

RMcH state: might be a new insight into BREXIT, send email to ibec email below if you want to attend...
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EWSS and Working Employees 22 October 2020

Unsure on whether you should let an employee go on PUP due to the new lockdown. A recent email form ...
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COMMERCIAL RATES WAIVER EXTENTION 22 October 2020

The Government has agreed with local authorities that, with limited exceptions, all businesses will ...
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TRADING ONLINE VOUCHER SCHEME 22 October 2020

Trading Online Voucher Scheme – up to €2,500 grant available Grow your business online w...
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RESTART GRANTS PLUS 22 October 2020

RESTART GRANTS Original Restart Grant: The grant will be the amount of your rates demand in respect...
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The Covid Restrictions Support Scheme (CRSS) 22 October 2020

The Covid Restrictions Support Scheme (CRSS) announced in the Budget on 13 October was introduced as...
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EWSS Lockdown Update 22 October 2020

EWSS The Employment Wage Subsidy Scheme (EWSS) replaced the Temporary Wage Subsidy Scheme from 01 S...
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ESG INVESTING: What You Need to Know -with Clement Perrette - 9 OCTOBER 2020-

RMcH states: with the pandemic & ongoing enviromental issues, apparently 'big business' has to m...
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BUDGET SUMMARY 2021 14 October 2020

These are the key tax measures in the Budget Statement of 13 October 2020, as made by the Minister f...
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TIPS FOR SETTING UP IF HOSTING VIRTUAL MEETINGS - 6 October 2020

RMcH states: Practical advice these days. I attended two Zoom presentation rehearsals in the la...
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PROVIDING LEADERSHIP IN TIMES OF CRISIS - 30 September 2020

RMcH states: Being strategic and innovative are key survival tools in face of uncertainty, this is a...
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SELLING YOUR BUSINESS - entrepreneur relief - 19 September 2020

RMcH states: the tax implications of potentially selling your business should be reviewed on an annu...
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CORPORATE TAX RESIDENCY - (12.5% CT rate IRL) & UK - 21 September 2020

Tax Residency An Irish tax resident company is liable to Irish corporation tax on its trading profi...
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Flowering Shares and how do they work? - 23 September 2020

RMcH states: Flowering Share is the term used to describe a unique class of ordinary shares that com...
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BREXIT IMPLICATIONS TO CROSS BORDER TRADE - 25 September 2020

  RMcH states: The Brexit transition period will conclude on 31st December 2020 and the U...
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COVID-19 SME Supports from Facebook 25 September 2020

SME Grant Programme Facebook has announced the creation of a $100 million grant program to hel...
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Employer Notice Temporary Wage Subsidy Scheme (TWSS) Reconciliation Process Employers are required to report Subsidy Paid to Revenue 21 September 2020

The Temporary Wage Subsidy Scheme (TWSS) which operated from 26 March 2020 to 31 August 2020,enabled...
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Revenue confirms certain proprietary directors can claim EWSS from 1 September 2020

Revenue confirms certain proprietary directors can claimEWSS from 1 SeptemberOn 28 August 2020, Mini...
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Guidelines on the operation of the Employment Wage Subsidy Scheme 14 August 2020

Guidelines on the operation of the Employment Wage Subsidy Scheme Background and Summary   T...
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IMPORTANT INFORMATION ON WAGE SUBSIDY SCHEMES 17 August 2020

Employer Notice Wage Subsidy Schemes Temporary Wage Subsidy Scheme (TWSS) Revenue’s records ...
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THE DBEI - RE START GRANT PLUS -10 August 2020

RMcH states: even if you received a grant in round one you can still apply for round two, deadline 3...
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DRAGHI says STIMULUS can aid recovery after Covid but warns on ‘bad’ debt - 19 August 2020

Former European Central Bank (ECB) president Mario Draghi has warned governments to use the massive ...
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IRISH economy to contract by 8.5% in 2020, MOODY’S warns - 19 August 2020

RMcH states: we are lucky we did not burn the bondholders in 2009! see below we are now up to A2 cre...
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HORIZON 2020 - FUNDING CLOSES AT END OF 2020

Horizon 2020 is one of the world’s biggest Research and Innovation programmes.   RMcH s...
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NINE (9) CRITICAL STEPS IN SETTING UP AN ECOMMERCE SHOP - 20 August 2020

RMcH states: with the retail sector in a flux, we came across this article by john@presence.ie, whic...
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HYBRID AGM: How to fulfil Annual General Meeting requirements remotely - 20 August 2020

RMcH states: Now that we are into Annual General Meeting season, we’ve been asked by quite a f...
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DON’T FORGET ABOUT BREXIT – 1 JANUARY 2021 (transition period over NEW RULES APPLY) - 20 August 2020

RMcH states: While we are all very focused on responding responsibly to the requirements of operatin...
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Temporary VAT measures relating to Covid-19 30 July 2020

Revenue have made a recent change to the Temporary VAT measures relating to Covid-19. See below the ...
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Temporary Wage Subsidy Scheme Compliance Check 30 July 2020

In recent days we have seen an increase in the number of revenue check letters re Temporary Wage Sub...
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GOVERNMENT 7.4billion JOB STIMULUS PACKAGE 23 July 2020

Government launches €7.4 billion Jobs Stimulus to help businesses re-open, get people back to w...
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COVID CREDIT GUARANTEE SCHEME - REVISED 21 July 2020

RMcH comment: revised SBCI loan scheme as detailed below, the amount of loan can equate to 25% of 20...
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PUP Rate of payment - 29 June 2020

The COVID-19 Pandemic Unemployment Payment will be paid at a flat rate of €350 per week until t...
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COVID PUP - Self-employed and unemployment - 23 June 2020

We have been asked by a few self-employed clients re return to work and if they must cease the Covid...
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How to close your claim for the COVID-19 Pandemic Unemployment Payment 7 July 2020

From Department of Employment Affairs and Social Protection  Published at: 26 March 2020 Last...
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COVID-19 Pandemic Unemployment Payment Confirmation 5 July 2020

From Department of Employment Affairs and Social Protection  Published at: 30 June 2020 Last ...
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A GOOD MORNING ROUTINE!

There are two schools of thought on what determines how successful a person can become. The first is...
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THE SEVEN PATTERNS OF INNOVATION

  There is a great book by Steve Johnson, called ‘where good ideas come from’...
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Employer Notice - Temporary Wage Subsidy Scheme (TWSS) 30 June 2020

RMcH states: all the wages subsidy & the e350 are both taxable, (your tax credits are utilised),...
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R&D (research & development) TAX CREDIT - UP TO 30% BACK

Money spent by a company on research and development activities may qualify for the R&D Tax Cred...
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COVID 19 AND INSOLVENCY (ODCE)

Covid-19 and the insolvency-related functions of the ODCE   RMcH states: The ODCE (Office of ...
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CYCLE TO WORK SCHEME

RMcH states: This scheme aims to encourage you to cycle to and from work. Under the scheme your empl...
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COVID19: What economic measures is the EU taking to support SMEs?

RMcH comment:someone has to fund all the COVID 19 assistance measures, THE EU seems to be stepping u...
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‘REVENUE APPROVED’ MILEAGE & SUBSISTENCE RATES THAT SME’S CAN CLAIM & ALSO HOMEWORKING ALLOWANCE

RMcH comment: it is important to know what you can charge to your company with regard to travel &...
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THE LAW OF SUCCESS

Bob Burg and John David Mann in their book “The Go-Giver” summarise their essential laws...
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RECEIVE A GRANT TO FUND YOUR COMMERCIAL RATES BILL - closing date 31 August 2020

Restart Grant   The Department of Business, Enterprise and Innovation has approved a restart ...
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MFA (multi factor authentication), PASSWORDS – PROTECT YOUR BUSINESS FROM CYBER THREATS – simple measures

RMcH comment: whilst some of this article from Integrity 360 latest newsletter may ‘go over yo...
Read More>>

EVEN MORE EASY EYE EXERCISES TO REDUCE STRAIN

RMcH comment:  Rather than rushing to Specsavers, try these 3 exercises, from Tyler Sorensen - ...
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REVENUE COVID PERIOD DEBTS - BUSINESSES CAN PARK INTEREST FREE FOR 12 MONTHS

Revenue confirms 'warehousing' of COVID-19 related tax debt for businesses Over the last number of ...
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BACK TO WORK FACTSHEET FOR EMPLOYERS - Q&A's

  RMcH states: Following the announcement of the government’s Roadmap for Reopening Soci...
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LOYDS EXPECTING TO PAY OUT ON PANDEMIC INSURANCE

RMcH states Loyds underwriters are to pay $3-4 billion dollars on claims as a result of the Pandemic...
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THE GOVERNMENT MUST CHANGE INSOLVENCY RULES FOR CORONAVIRUS-HIT COMPANIES

  A Dublin-based legal firm, has urged the Government to make temporary changes to insolv...
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COVID-19: Temporary Wage Subsidy Scheme which commenced on 4 May 2020

Revenue have this week released version 12 of their FAQ document - Guidance on the Operational Phase...
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RECEIVE e125 if you recommend us to a FRIEND

  Get e125.00 CASHBACK EVERY TIME You Recommend Us To A Friend Or Business Associate We are ...
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FUNDING options for SME's to re start after COVID 19

RMcH states there are various options for funding your BUSINESS re start after COVID 19, also check ...
Read More>>

WATCH THOSE EYES, please

RMcH states Be mindful of your sight during home working etc, below is a good tip from Tyler Sorenso...
Read More>>

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MEET US