You have a good product selling in your store. You have been wondering for a while now if there is an opportunity to sell online, but Covid-19 events have pushed this question into the spotlight. If you are looking to setup an ecommerce store here are 9 critical steps you need to follow.
STEP 1 – Select and Implement the Most Appropriate Platform
There are really two general options to get up and running quickly
WHETHER TO RAISE CAPITAL, OR TO LIQUIDATE OR TO GO INTO EXAMINERSHIP
Many businesses are today looking into the future not knowing what decision they should make. Here we will address a number of questions that arise and the pitfalls therein. In this issue, we will explore liquidation. The next issue will explore raising capital and examinership. Liquidation is often seen as the final step in a business but this is not necessarily the case.
In response to social distance safety regulations, a proposal has been put forward for companies to hold meetings in a safe and compliant manner. The proposed measures are to last for the interim period expiring on 31 December 2020 with a provision for a potential extension of the interim period to no later than 20 June 2021. The law will also allow for general meetings - including annual and extraordinary meetings - to be held electronically "provided all those entitled to attend have a reasonable opportunity to participate".
Importantly for many firms, it will also permit those meetings to be held electronically even if a company's constitution does not allow them. Three proposed changes which will impact on general meetings are as follows.
In this article we aim to touch on a number of key pension areas for clients as they navigate their way through the current pandemic and evolving government and EU policy on pensions. We look at the rise in popularity of Self invested pensions in the current market, the importance of pensions funding as part of retirement planning but also a part of client’s business exit strategy and direct property as an asset class in your pension.
Self Invested Pension Market
Since the last major market correc_on in 2007 pension investors have been looking for tangible assets to invest in. The Self invested market allows them access to this. The figures reinforce this as over the last 15 years the market has grown from 3% of the total defined contribu_on market to 16% of the market, primarily driven by the desire of clients for greater investment choice, which includes;
The Revenue Commissioners recently announced that if taxpayers file and pay their income tax online then their filing deadline has been extended to 10 December 2020. However, if you are unable to pay the balance of tax for 2019 and meet your full 2020 preliminary tax requirements then your filing date is 31 October 2020.
With all of the confusion in business at the moment we would like to point out that for those struggling to pay the 2019 income tax liability this extension does not apply to you. We would recommend all clients contact us sooner rather than later in relation to their 2019 income tax. If you can avail of the extended deadline we will set the payment date for the 10 December 2020.
Please do not hesitate to contact us with any queries.