EWSS Rates Following on from the Government’s announcement that the Employment Wage Subsidy Scheme (EWSS) would be extended until the end of December 2021, the below subsidy rates will continue to apply for the months of July, August and September 2021 based on employee’s gross pay per week: The subsidy rates payable for October 2021…
Read MoreWe will all the have recently seen the effects that the recent cyber-attack on the Dept of Health and the HSE has had on our everyday lives whilst we are trying to control the spread of the virus by our vaccination programme, this highlights that all business whether large or small are susceptible to cyber-attack…
Read MoreSo, you have agreed the headline price to be paid for the target company and the due diligence process is set to be completed. To ensure movements or discrepancies between the signing date and closing date are appropriately adjusted, choosing an appropriate closing mechanism is vital to any M&A transaction. The two most widely used mechanism to give effect to such adjustments and…
Read MoreIntroduction There is a mistaken view that compensation and damages payments are generally exempt from Irish taxation, the matter can be complex to determine. While such awards can be tax exempt, this is only the case where same fall within the specific tax exemptions set out in the tax acts. In order to determine the…
Read MoreThe Minister for Tourism Catherine Martin TD in partnership with Fáilte Ireland has recently announced a €17m scheme to provide funding for individual tourism and hospitality businesses to develop permanent outdoor public dining spaces. The new initiative is also teaming up with local authorities across the country to develop medium to large-scale permanent public dining…
Read MoreAnnual service charges are billed to members of an Owners’ Management Company (OMC) to cover the expected annual costs that will be incurred. As we noted in a previous post on OMCs, it was highlighted that these companies are set up as not-for-profit. As such they are not trading for a gain and any surplus…
Read MoreRelocating to Ireland? Moving to Ireland as a Secondee: Talk to an expert in Cooney Carey well in advance of your move to ensure that you benefit from relevant tax saving opportunities. Ireland is recognised as having a very favourable corporate tax regime. However tax rates applying to individuals are among the highest in Europe…
Read MoreSuccession planning for the next generation of family business owners The decision to transfer a family business to the next generation is certainly daunting. The main concerns should be commercial – How will the business continue without the current owner’s involvement? Does the successor have the skills and qualities needed to bring the business forward?…
Read MoreJust as we were all finalizing how we were following ISQC 1 revised (November 2019), the IAASB has now approved a new standard on 24 September, ISQM 1 to replace ISQC 1. As you might have garnered from the title ISQM stands for International Standard on Quality Management and the new title references the move…
Read MoreThe rules and regulations around health and safety in the workplace can be complicated, but they are there for a good reason, too. If one of your employees, or a member of the public get hurt on your premises and it transpires that you have not fully complied with your Health and Safety responsibilities, the…
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