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Lessons from this year’s tax season

Lessons from this year’s tax season

Earlier today, I had a conversation with two friends, an accountant, and an owner-manager. The owner-manager commented on the rush of the tax season being over for this year. We got to talk about how some clients lose money through their actions or inactions. I think...
Lessons from this year’s tax season

Tax Tips

Income Tax Returns for 2009 must be filed by 31 October 2010. Failure to file on time will lead to surcharges. Here are tax tips that can definitely help you. The way our system works, we pay a preliminary Income Tax for 2010 on 31 Oct 2010 and we file the actual...
Lessons from this year’s tax season

Working with VAT on Kashflow

I have had a couple of questions recently about how Kashflow handles VAT. Users do not seem to fully understand the use of the “submit VAT” button. So here is a brief overview of what needs to be done to have accurate VAT reporting. When you first submit a VAT report,...
Lessons from this year’s tax season

Employees or Self-Employed

In a recent tax briefing document, Revenue have promised to continue to focus on the issue of employed v self-employed across a multiplicity of sectors for the foreseeable future. Right now, they are focussing on locums in medicine, healthcare and pharmacy. The move...