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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

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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)

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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

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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

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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

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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

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National Minimum Wage Increase 2018

With effect from 1st January 2018 the National Minimum Wage is to increase. The national minimum wage for an experienced adult is to increase by 30cent per hour with effect from 1st January 2018 to €9.55 per hour. An experienced adult worker for the purposes of the National Minimum Wage Act is an employee who

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How to set up a business in Ireland

Are you thinking about setting up a company in Ireland?  Our helpful FAQs should help you get a grip with the detail, and allow you to get the process started.  If you are ready to go then check out our Company Formations page where you can start the process and allow us to finish. How

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HR Support for Small to Medium Size Businesses

Are you running a small to medium size business in Ireland and starting to struggle with all the ins and outs of HR (Human Resources) within your company?  We can help.  Below are a few key points to remember, but if you’re looking for more information, feel free to contact us on our HR Support

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16 Things You Should Know About Payroll

Every company battles with your payroll services, to help you, we’ve compiled a list of FAQs which cover the key aspects of compliant payroll. What rate of income tax will apply to my income? Income tax is charged on employment income arising in Ireland.  The standard rate of tax is 20% and the higher rate