Stay Connected:
Latest Blog, Our Blog

Voluntary Strike Off for a Company

Voluntary Strike – Off is one way in which you may formally wind up a company that you have registered in Ireland. A company that ceases to trade, or has never traded, has no assets in excess of €150 and which has no outstanding creditors can request that the Registrar strike-off the company for the

Company Formations, Our Blog

Registering a Business Name

Registering a Business Name What is a business name? A business name is a name used to carry on business by any individual, body corporate or partnership, which has a place of business in the Republic of Ireland, and which name is not the same as their own true name(s). Who does it apply to?

Latest Blog, Payroll

CWPS Pension Contribution Rates increase from October 1st 2019

The Construction Workers’ Pension Scheme (CWPS) is an industry-wide pension scheme, providing low cost pension and protection benefits for workers in the construction and related industries. CWPS satisfies the conditions of the Sectoral Employment Orders for the construction sector as it provides retirement benefits as well as sick pay and death in service benefits for

Latest Blog, Payroll

Employer Payroll Obligations from January 1st 2019

Every employer must report payroll information to Revenue at the time they pay their employees. The Revenue Payroll Notification (RPN) has replaced the P2C. Employers must retrieve an up to date RPN for each employee before the payroll is run. This ensures employers are using the correct credits and cut-off point for their employees. The

Tripro - outsourced business solutions Ireland
Latest Blog, Payroll

Are you aware of the changes to the allowable subsistence rates from July 1st 2019?

As and from July 1st 2019, Revenue has issued new domestic subsistence rates. Where employees necessarily incur expenses of travel and subsistence relating to that travel in the performance of the duties of their office or employment, the reimbursement of such expenses may, within certain limits be made tax-free. The conditions under which the reimbursement

Latest Blog, Our Blog

What information is required to register a Beneficial Owner with the Central Register?

A Beneficial Owner is defined as any natural person(s) who ultimately owns or controls a legal entity, either through direct or indirect ownership of a sufficient percentage of the shares or voting rights or ownership interest in the entity, including through bearer shareholdings, or through control via other means. These include: Ownership (directly or indirectly)

Latest Blog

Central Register of Beneficial Ownership (RBO)

Central Register of Beneficial Ownership (RBO) a requirement for Irish Companies to be compliant Under new legislation, companies are obliged to register the beneficial ownership details in the Central Registrar of Beneficial Ownership of Companies and Industrial & Provident Societies (RBO). The purpose of the (RBO) is to improve corporate trust and transparency in Ireland

Latest Blog, Our Blog

Recent Employment Legislation Changes

Parental Leave  The Parental Leave Acts 1998 -2019 allow parents to take parental leave from employment in respect of certain children. A person acting in loco parentis with for an eligible child is also eligible. Parental leave for parents of eligible children will increase from 18 weeks to 22 weeks from  September1st2019 and from 22

Latest Blog, Our Blog, Payroll

What is PAYE Modernisation

Overview With effect from January 1st 2019, the PAYE system operated by the Revenue Commissioners is being redesigned. The PAYE Modernisation Project will be a new real time reporting regime operational for all employee payments. Employers will need to calculate and report their employees’ pay and deductions as they are being paid.The file containing all

Latest Blog, Our Blog, Payroll

What are the reporting requirements of PAYE Modernisation

The way an employer will report employees’ pay and payroll deductions to Revenue will change to real time reporting with effect from January 1st 2019. This means that the current returns reported to Revenue such as P30’s, P35’s, P45’s and P60’s will all be abolished. What will this real time reporting involve? Each time an