The Irish Government has published proposals to introduce a so-called participation exemption on corporation tax currently paid by corporate shareholders based in Ireland on dividend earnings from foreign holdings. Read more here...
These are the key tax measures in the Budget Statement by the Minister for Finance on 10 October 2023. Click here to view....
The discounted VAT rate for Ireland’s tourism and hospitality industries has expired, bringing it back in line with the normal reduced rate of 13.5%. The government took action in November 2020 to reduce the rate of VAT to 9% for specified sectors to help offset the impact of COVID-19. A lower VAT rate was intended [...]
Today, the Irish government announced additional measures to help businesses deal with the cost-of-living increases. A final extension of the 9% reduced VAT rate for the tourism and hospitality sector for a further six months. The reduced VAT rate was due to expire on 28th February 2023, but has been extended until the end of [...]
The Budget 2023 announcement was brought forward by a few weeks and was captioned a "Cost of Living Budget" intended to help people and businesses cope with rising prices Read our highlights from the Irish Budget 2023 here... Click Here
Xeinadin Group Limited (“Xeinadin” or “the Company”), one of the leading professional services groups in the UK and Ireland, has agreed a strategic partnership with Exponent, a private equity firm with a proven track record in professional services. This partnership will involve Exponent making a significant minority investment in Xeinadin to support the business’s ambitious [...]
Xeinadin Group (“Xeinadin”), the UK and Ireland-based business advisory and accountancy group, has made its first appearance in an influential league table of accountancy firms in the UK, entering straight into the top 20. The group, formed in 2019 through a merger of over 100 small and medium-sized accountancy practices in the UK and Republic of [...]
New Legislation Implemented The new EU (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 has the following key dates 22nd June 2019 website allows for uploading of data Closing date of 22nd November 2019 to file on www.rbo.gov.ie Beneficial Owners A beneficial owner is an individual who owns or controls directly or indirectly:- [...]
What is an EORI Number? An Economic Operators Registration and Identification (EORI) number is required for dealing with customs when importing or exporting outside of the EU. Who needs an EORI Number? Irish companies and other EU companies that trade goods with the UK should take steps to prepare for Brexit by obtaining an EORI [...]
The current PAYE system is being reformed and modernised with the introduction of real-time reporting (RTR). This change to how employers and employees interact with the Revenue Commissioners (Revenue) represents the most significant change to the PAYE system since it was originally introduced. Click here to continue reading >>