01 4975859 ​​conor@ryanandcrowley.com
Ryan & Crowley Chartered Accountants
  • Home
  • Who We Are
  • Services
  • Clients
  • Budget 2021
  • Latest News
  • Contact
  • Business to Business

    Providing Step by Step Guidance

    Get in touch for your free consulation today

    Contact Us
  • Diversity

    Hands On, Client focused approach

    Get in touch for your free consulation today

    Contact Us
  • Over 30 Years Experience

    Insight into all aspects and types of business

    Get in touch for your free consulation today

    Contact Us

No backdating for EWSS

1/9/2020

0 Comments

 
The Revenue have confirmed that employers will not be able to back date a registration for the new Employee Wage Subsidy Scheme (EWSS). However an employer can register for the scheme at any stage once they meet the criteria, even if this is after the September payroll is run. Once registered you will only receive the subsidy for all future payroll runs.
0 Comments

VAT rate change

14/8/2020

0 Comments

 
As part of the Government’s July Jobs Stimulus, the standard VAT rate of 23% will be temporarily reduced to 21%. This will come into effect from the 1st September 2020 and stay in place until the end of February 2021.

The Revenue have a guide on how businesses should deal with VAT rate changes, which you can find here. One thing to highlight from the guide is if you are sending an invoice to a VAT registered business the VAT rate that should be applied is the rate in force at the time of issue of the invoice. If you are sending an invoice to a non-VAT registered person the VAT rate applied on the invoice will be based on the date the goods or services were supplied, not the date of the invoice.
​
From an accounting point of view most systems should be able to deal with a new rate of VAT. I would suggest adding a new VAT rate as you will need to revert to the 23% from the 1st March 2021. For businesses who pay VAT on a receipts basis you will need to make sure your systems are tracing the VAT back to the invoice and not the date of the lodgement.
0 Comments

DONATIONS TO SPORTING BODIES

23/1/2020

0 Comments

 
Picture
Where an individual who pays tax under the PAYE system makes a qualifying donation to an approved sports body they can claim tax relief by way of a deduction from total income. An approved sports body must promote an athletic or amateur game or sport, must be on the approved sports bodies listing on the Revenue website and must hold an up-to-date tax clearance certificate.

A donation will qualify under this tax relief if it is:....

Read More
0 Comments

VAT Fraud

17/2/2017

0 Comments

 
​VAT FRAUD – HOW CAN YOU PROTECT YOUR BUSINESS?
With the ever-changing pace in business and emerging markets, VAT Fraud is becoming more prevalent. The European Court of Justice in a number of cases concerning VAT fraud has held that:
  1. a taxable person who knew or ought to have known that, by his purchase of goods, he was party to a fraudulent transaction can have his right to deduct related input credits refused;
  2. a taxable person who knew or ought to have known that the transaction carried out was part of a tax fraud committed by the purchaser may be denied the right to zero-rate the intra-Community supply to that purchaser.

Read More
0 Comments

    Archives

    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    July 2019
    June 2019
    May 2019
    April 2018
    March 2018
    December 2017
    July 2017
    May 2017
    April 2017
    March 2017
    February 2017
    October 2016

    Categories

    All
    Brexit
    Budget
    Business
    Company Law
    Covid 19
    Covid-19
    Customs
    Employment Law
    Energy Efficiency
    Export
    Finance
    Foreign Exchange
    Franchising
    Legal
    Offshore
    Revenue
    Tax
    VAT
    Working From Home

    RSS Feed

Picture
We create custom business to business strategies.

Over 30 years of experience
Privacy Policy | Cookie Policy

SITE MAP

About Us

Our Services

News

Budget 2019

Contact Us




CONTACT DETAILS

  • Unit 3A, Block 3,
    Bracken Business Pk, D18V4K6

  • 01 4975859
  • 01 4977782
  • conor@ryanandcrowley.com
  • ryanandcrowley.com

    QUICK CONTACT

Submit
© 2021 Ryan & Crowley Chartered Accountants
Proudly powered by Weebly