For any Sole Trader or Company who have employee’s payroll is a vital component of their business. Since 2019 payroll is now on a real-time basis with reports being made to the Revenue once every payroll run is made, either weekly or monthly. It is therefore of vital importance that your payroll is operate correctly as there are large penalties for failure to operate the Payroll correctly.
Our payroll bureau is operated by Noelle Madigan who has over 20 year’s experience in all aspects of payroll. The payroll department operates payroll for businesses with 1 to 2 employees to businesses with over 200 employees
Your staff must be paid on time, every time; in Ireland this is typically weekly. Regular changes to payroll legislation can impose a drain on your resources so it may make sense to make use of our outsourced payroll service to deal with all of these on your behalf:
If you are a Limited Company you must file your Accounts and Annual Return (B1) once a year in the Companies Registration Office (CRO). Each Company has an Annual Return Date (ARD) and the Company must file it Accounts and Returns in a period of up to 56 days from this date. A newly incorporated Company must also submit its first B1 within 6 months of incorporation.
Failure to file your annual return and Accounts with the CRO on time could leave you exposed to large penalties and loss of audit exemption. A Company who does not submit its returns will ultimately be struck off by the Registrar of Companies. Any assets in a Company which has been struck off will ultimately vest with the Minister for Finance.
Under the Companies Act 2014 Directors have a large amount of responsibility to run the Company in a manner which abides with Company Law. There are heavy penalties in the Acts for Directors who are found in breach of Company Law. We can assist Directors in ensuring that they meet all their obligations under Company Law.
We also proved the following services:
No matter how large or small your business, we understand that your time is precious and, therefore, letting us prepare your accounts will relieve you of what can be an extremely stressful and time consuming exercise, leaving you free to do what you do best, earning your living!
We offer a wide range of accounting services which can be catered to meet your individual needs; we can do as much or as little as you require ensuring your accounts are accurate and up to date.
It is essential that accounts are prepared promptly and your books will need to be forwarded to us when requested. Not only will this ensure that deadlines for filing are met, but more importantly we are then able to provide you with up to date figures which, in turn, allows us to advise you on how to make your company more profitable and tax efficient as early as possible.
Bookkeeping is all about keeping and maintaining financial information which meets Revenue requirements; Revenue are increasingly cracking down on small businesses which do not keep accurate records. Your financial records are crucial to your business and good record keeping can help you grow your business.
Companies who meet two of the criteria below must have a Statutory Audit carried out on their accounts each year.
If an audit is required, we take a systematic approach, working under International Auditing Standards and using electronic systems. Our audit partners, managers and staff work together as one specialist team, ensuring that audits are cost effective and that technical issues are dealt with swiftly and practically.
We believe in year-round Tax planning to help minimise your current and future Taxation liabilities. Our Taxation Professionals have experience providing Taxation services to a large and diverse client base. This experience, combined with our continuing education and training, gives us the knowledge required to meet all of your Taxation needs.
We also have extensive experience in representing Companies and Individuals in the negotiation process, regarding Revenue Audits and Investigations. We prepare all types of tax returns for individuals and businesses at competitive, affordable rates.