Company / Industry News

Latest industry news.

07/02/2018

- PAYE MODERNISATION IS COMING 1ST JANUARY 2019

ARE YOU READY?

What does this mean for you:

• Real Time reporting to Revenue.

On or before…

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07/12/2017

- National Minimum Wage Changes 2018

National Minimum Wage Changes 2018

Following a recommendation from the Low Pay Commission, the national minimum wage will be increased…

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25/04/2016

- INPACT ESM 2016, Carlingford Ireland

Our Accounting conference which ran from 13 to 15th April was…

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23/11/2015

- Reward Employees without having to Incur Additional Tax

Increase to €500 in the Small Benefits Exemption 2015

 

UPDATE: Finance Bill 2015 introduced the Small Benefits Exemption which…

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21/10/2015

- FLC Frank Lynch & Co’s International Alliance, INPACT, Wins Global Award

  • INPACT International has recently been awarded ‘Rising Star Association’ of the…

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    02/10/2015

    - Our Graduate Programme

    Develop your skills…

    At FLC, training and development of our graduates include:

      Full support for professional studies: ACA, ACCA, ITI…

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    06/11/2014

    - Budget Summary 2015

    FLC Budget 2015 Summary

    Please follow link below for Frank Lynch & Co.‘s Budget 2015 Summary:

    budget-summary-2015_(1).pdf

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    23/06/2014

    - IMPORTANT NOTICE: Employer’s obligation to keep Register of Employees

    Revenue

    IMPORTANT NOTICE: Employer’s obligation to keep Register of Employees

    This…

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    05/12/2013

    - NOTICE TO EMPLOYERS -  Employer PRSI Increase

    NOTICE TO EMPLOYERS

    Employer PRSI Increase

    We would like to draw your attention an important change in PRSI rates. …

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    05/12/2012

    - Local Property Tax (LPT)

    New Local Property Tax (LPT) budget 2013

    Local Property Tax

    Property…

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    26/10/2012

    - tax deadline

    Read full report

    test test

    test gte e

     

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    09/10/2012

    - What To Do If You Can’t Pay Your Tax Returns

    If You Cannot Pay Your Tax Returns:

    • File your return anyway:
    Even if you can’t pay you…

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    19/09/2012

    - New Revenue Licensing Requirement for Mineral Oil & Fuel Industry

    Attention Mineral Oil Traders

    If you produce, sell or deal in, keep for sale or delivery, or deliver auto…

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    05/09/2012

    - MARP -  Are You Worried About Mortgage Repayments?

    Mortgage Help

    Are you worried about mortgage repayments?
    Is your mortgage…

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    27/07/2012

    - Don’t Miss the HMRC Deadline 31st July 2012

    INCOME TAX


    Tax Year ending 5th April 2012:  2nd Payment on account is due on the 31st July…

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    04/07/2012

    - The Septic Tank Registration Fee - Who is Liable?

    If your residential property is connected to a domestic waste water treatment system, by law, it must be registered by…

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    02/07/2012

    - How to Access Your Cash in Ulster Bank

    In the first instance if you need access to cash please use any ATM. If this does not reflect any…

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    11/06/2012

    - Investment Boost for the Local Seafood Processor

    MORGAN’S Fine Fish, Omeath, is one of 21 seafood processing companies across Ireland who are to benefit from a national…

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    31/05/2012

    - Fiscal stability referendum: What it means for Ireland

    Later today (European time), Irish voters will be asked to vote Yes or No on the Treaty for Stability, Co-ordination…

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    03/05/2012

    - What is the Fiscal Treaty?

    The European Union fiscal treaty was agreed by 25 of the 27 European Union
    states in January this year…

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    25/04/2012

    - Tax Relief on Gluten-Free Product

    Tax Relief is available at the standard rate on special dietary gluten-free products provided that it is on the advice…

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    26/03/2012

    - Household Charge 31st March 2012

    ALMOST 9,000 families will have to register an hour to pay the €100 household charge if next Saturday’s deadline is…

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    14/03/2012

    - State Pension Changes

    The Department of Social Protection has prepared an information pack relating to the changes being implemented this year and next…

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    28/02/2012

    - R&D Tax Credit Changes - Finance Bill 2012

    1. ‘Key Employee’ Reward Mechanism
    2. Introduction of a Volume-Based Regime
    3. Changes to the Existing Subcontracting…

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    21/02/2012

    - New Jobs for Dundalk

    ONLINE payments company Paypal is expected to announce a massive expansion of its workforce in Ireland by taking on another…

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    16/01/2012

    - New 2012 Household Charge €100

    If you own residential property on 1 January 2012 in Ireland then you will be due to pay the €100…

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    05/01/2012

    - Budget 2012 - Employers Guide to USC 2012

    Attention to Employers - Changes to the USC from the 1st January 2012

    Employers guide to the changes…

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    06/12/2011

    - Main Social Welfare Changes and Rates of Payments

    Main Social Welfare Changes and Rates of Payments
    Joan Burton TD, Minister for Social Protection, yesterday (December 5) announced:

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    08/11/2011

    - ROS Pay & File Deadline Extended to Wednesday 16th November

    Revenue have announced that the extended ROS Pay and File deadline for 2010 and preliminary tax for 2011 will now…

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    24/10/2011

    - Revenue Announce Payment is now available by Credit Card

    Revenue has announced a facility is now available to pay tax (excluding Domicile Levy) by credit card [limited to VISA…

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    10/10/2011

    - Tax Deadline is fast approaching

    The Pay and File deadline for self-assessed income tax payers is October 31st.
    By using ROS to both…

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    10/10/2011

    - Universal Social Charge -Important notice for employers

    As and from 1 January 2012, the deduction of Universal Social Charge will change from the present week 1 basis…

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    29/08/2011

    - National Minimum Wage Increases

    Since 1 July 2011 the national minimum wage for an experienced adult employee is €8.65 per hour (was €7.65). An…

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    29/08/2011

    - Revenue Issue Reminder of 30 September CAT Deadline

    Finance Act 2011 brought back the CAT Pay and File deadline by one month to 30 September.

    Therefore…

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    29/08/2011

    - Revenue targets landlords in rental income crackdown

    According to an Irish Independent article TAX officials are making door-to-door checks in estates across the country to see if…

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    27/07/2011

    - MORE PAIN FOR CLIENTS AS HOUSEHOLDS HIT WITH NEW €100 ‘PROPERTY’ TAX

    Minister for the Environment Phil Hogan has announced a new temporary “household charge” of €100 per year .

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    16/05/2011

    - Department of Finance releases Q & A on Application of Pension Levy

    In the Jobs Initiative 2011, announced by the Government last week, a levy of 0.6% on the capital value of…

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    11/05/2011

    - Government Irish Jobs Initiative - May 2011

    Government Irish Jobs Initiative - May 2011
    Introduction of a second Reduced VAT Rate

    The Minister for Finance, Mr…

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    11/05/2011

    - End of VRT Scrappage Scheme - 30 June 2011

    The VRT Scrappage Scheme ceases on Thursday 30 June 2011.

    Please note that under the qualifying requirements of the scheme…

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    26/04/2011

    - UK Companies Corporation Payments

    From 1 April 2011, companies and organisations will have to submit their Company Tax Returns and pay all Corporation Tax…

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    21/04/2011

    - Revenue Advise of Random Visits to Employers to Check Application of the USC

    Revenue Advise of Random Visits to Employers to Check Application of the
    Universal Social Charge

    Revenue have advised that…

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    21/04/2011

    - Mortgage Interest Relief

    All new applications for Tax Relief at Source (TRS) should be made online at www.revenue.ie.
    Claims for any underpaid…

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    19/04/2011

    - 15th November 2011- Pay & File (ROS) extension date

    Revenue announced an extension to the return filing and tax payment date for self-assessment income tax customers using the Revenue…

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    12/04/2011

    - Attention: Unregistered farmers – VAT refund on certain expenditure

    Value-Added Tax (Refund of Tax) (No. 25) Order, 1993

    Attention:
    Unregistered farmers – VAT on certain expenditure…

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    29/03/2011

    - Tax Exemption for Start-up Companies is being extended

    The Finance Act 2011 stated that the 3 Year Tax Exemption for Start-up Companies is being extended to new companies…

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    08/03/2011

    - Voluntary Strike off News Form H15 has been amended to clarify the qualifying conditions

    Voluntary Strike off News
    Applications should now be completed on the
    New Form H15

    Form H15…

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    28/02/2011

    - Finance Act 2011 – Interest Payable on Loans

    Finance Act 2011 made changes to the treatment of interest on certain loans for corporation tax purposes.
    Revenue have…

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    14/02/2011

    - Self Correction for GP Locums

    Revenue have been reviewing tax treatment of doctors engaged by GPs on a part-time, temporary or non-permanent basis.

    Examples given…

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    14/02/2011

    - Tax Update - 14th Febraury 2011

    Irish Tax Update
    Finance Act 2011 signed into law

    Clarity on the Application of New Restrictions for…

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    04/02/2011

    - A Guide to Applying for Tax Credit Certificate 2011

    Tax Credits 2011
    Employee Tax Credit Certificates Only Issued on Request.

    There are a number of options for…

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    03/02/2011

    - Latest Update on the Finance Bill 2011

    FLC Welcomes the Restoration of Pay and File Deadline

    Universal Social Charge cut for medical card holders

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    28/01/2011

    - Goverment publishes Draft Finance Bill 2011

    FINANCE Minister Brian Lenihan has published Draft Finance Bill 2011, the legislation which will give legal effect to December’s budget.

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    27/01/2011

    - Refund of Income Levy for Northern Ireland Employees

    Attention to Irish Employers
    Refund of Income Levy for Northern Ireland Employees

    For any Republic of Ireland employers with…

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    18/01/2011

    - UK Tax Self Assessment Deadline 31st January 2011

    UK Taxpayers should remember that their 2010 tax return must be filed online by 31st January 2011.

    Read…

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    10/01/2011

    - UK VAT rate rises from 17.5% to 20%

    In the UK the standard rate of Value Added Tax (VAT) has risen from 17.5% to 20% from 4th January…

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    10/01/2011

    - Deduction on VAT on Certain Cars

    A VAT registered person is now entitled to recover 20% of the VAT incurred on the purchase, hiring, intra-Community acquisition…

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    23/12/2010

    - Reform of Relevant Contracts Tax (RCT)

    The Minister for Finance announced that significant reforms will be made to the Relevant Contracts Tax (RCT) system to enhance…

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    16/12/2010

    - Refunds for 2006 must be claimed by 31 December 2010

    The revenue issued a reminder that under (Section 865 TCA 1997) 4 Year Limit on Tax Repayment Claims any repayments…

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    13/12/2010

    - 2010 Capital Gains Tax – Due 15th December 2010

    Gains in period 01/01/10 to 30/11/2010

    For 2009 and subsequent years the tax year is divided into a revised…

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    26/11/2010

    - Bank Guarantee Extended to next June (2011)

    Information notice on the extension of the Credit Institutional     (Eligible Liabilities Guarantee) Scheme 2009(“ELG Scheme”)

    The European Commission…

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    28/10/2010

    - Count Down to the Tax Deadline

    In current times when money is tight the looming tax bill still has to be addressed.

    Important message to…

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    11/10/2010

    - Self-Assessment Filing Deadline - 31st October 2010

    Self-Assessment Filing Deadline - 31st October 2010


    The filing deadline for Income Tax Returns is fast approaching. The…

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    07/09/2010

    - Innovation Vouchers available from Enterprise Ireland - Deadline 31st October 2010

    If you own or manage a small limited company with a company registration number and you have a business opportunity…

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    03/09/2010

    - Important Notice in relation to what deposits are protected and in which Institutions.

    Eligible Liabilities Guarantee Scheme (ELGS)
    Deposit Protection Scheme (DPS)

    (Prepared 3rd September 2010)

     

    For a deposit over €100k…

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    25/08/2010

    - Second Call Applicants for Employment Subsidy Scheme

    If you were successful in the second call for the Employment Subsidy scheme be aware of your next claim date.…

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    14/07/2010

    - Ireland rated as one of most competitive locations for R&D Investment

    A report done by Mazars has indicated that Ireland is second in the world after Israel for one of the…

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    07/07/2010

    - Urgent Reminder for Inland Revenue (UK) tax credit claimants – Deadline 31 July 2010

    HMRC has sent an urgent reminder to UK taxpayers to renew your tax credits by the 31st July 2010 or…

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    01/07/2010

    - Warning to Clients of Bogus calls / email contacts

    The Revenue Commissioners have reported that they have purporting to be Revenue officials have been contacting taxpayers requesting personal information.…

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    29/06/2010

    - Changes to Probate and Capital Gains Tax – Finance Act 2010

    The Revenue commissioners have reported an important notice to taxpayers about the changes to changes to Probate and CAT administration…

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    21/06/2010

    - Revenue Commissioners requirements on Cash Registers – EPOS System

    All businesses that use cash registers or Electronic Point of Sale (EPOS) systems should be aware of the new requirements…

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