Narin Dhillon

Here's a 5 step decision-making framework Irish businesses must use to determine if a worker is an employee or self-employed for taxation purposes.

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Recent amendments to the attached Chartered Accountants Ireland CPD Regulations have facilitated simplification of how our members confirm compliance with their CPD requirements and the Institute’s Code of Ethics. Henceforth, by paying their annual membership subscription, or permitting this to be paid on their behalf, or otherwise renewing their membership, members are automatically acknowledging CPD compliance and their awareness of Code of Ethics obligations. As a consequence, members generally will no longer have to submit an annual declaration (the Individual Annual Return) in respect of these matters. Please note, that Responsible Individuals (statutory auditors) in audit firms registered by the Institute remain subject to a separate CPD compliance regime based on Irish company law and IAASA requirements. To learn more on these changes and how they impact you, check out this short article at the link below: https://lnkd.in/ex-xERPh If you have queries in relation to the above, please contact our Professional Standards Department at [email protected] #charteredaccountants #ireland #northernireland #cpd #ethics

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Upcoming investment trends look promising with 79% of investors planning to grow their Irish operations in the next 12 months. Financial Services and Pharmaceuticals & Chemical industries are leading the charge with the strongest investment intentions. Download the EY Attractiveness Survey 2024 to gain insight into the sectors that are capturing the attention of investors - https://lnkd.in/eEFXBCvE #FDI #ForeignInvestment #investment

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Upcoming investment trends look promising with 79% of investors planning to grow their Irish operations in the next 12 months. Financial Services and Pharmaceuticals & Chemical industries are leading the charge with the strongest investment intentions. Download the EY Attractiveness Survey 2024 to gain insight into the sectors that are capturing the attention of investors - https://lnkd.in/eEFXBCvE #FDI #ForeignInvestment #investment

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For aspiring accountants in Ireland, the academic path can feel like a maze. Should you focus purely on accounting qualifications, or is a broader approach more valuable? Here's why I believe a well-rounded education, coupled with professional qualifications, is the winning formula. 👨‍🎓 Firstly, the accounting landscape is evolving. Technology is automating tasks, demanding a shift towards analysis and strategic thinking. A strong foundation in business, finance, or even data science will equip future accountants to thrive in this data-driven environment. Understanding the bigger picture – how businesses operate and create value – allows them to go beyond number-crunching and become trusted advisors. 👨‍🎓 📜 Secondly, soft skills are increasingly valued. Effective communication, teamwork, and problem-solving are essential for navigating complex client relationships and collaborating with diverse teams. A balanced academic journey, encompassing modules in communication, critical thinking, or even a foreign language, can hone these crucial skills. 📜 🎓 Of course, a solid accounting foundation remains vital. Completing a recognized accounting qualification, like those offered by Chartered Accountants Ireland (CAI) or Association of Chartered Certified Accountants (ACCA), equips individuals with the technical expertise and industry knowledge needed to excel. These qualifications are often integrated with relevant work experience, providing a practical application of theoretical concepts. 🎓 👍 So, the ideal path isn't a straight line. Consider a bachelor's degree in Business Studies or Finance, incorporating accounting modules. Look for programs offering internships or work placements to gain valuable experience. Pursue professional accounting qualifications while honing soft skills through relevant coursework or extracurricular activities. 👍 🙂 Remember, the best academic pathway is the one that best suits you. Explore options, assess your strengths, and seek guidance from career advisors or experienced accountants. By building a strong knowledge base, coupled with well-developed soft skills, you'll be well-positioned to navigate the exciting and ever-evolving world of Irish accountancy. 🙂 If you would like to discuss how you can find the best pathway for your accountancy career get in touch on the details below [email protected] or call me on 01 5927858 #accountancy #accountancycareers #accountancyjobs

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The Summer Economic Statement published by the Government yesterday is noteworthy because we get a peek into what the Government's budget for 2025 will look like. We now know that Budget 2025 will be a total package worth €8.3 billion, with the expenditure making up €6.9 billion and the remaining €1.4 billion being reserved for tax measures.   Something that could be significant is that the amount set aside for tax measures is around €300 million more than last year. While we won't know how this money will be allocated until 1 October, this increase from last year could result in more significant tax measures.   The continued investment in the two 'new' funds (The Future Ireland Fund; and The Infrastructure, Climate and Nature Fund) is prudent and in line with Deloitte’s recommendations. It is also important to note that while corporation tax receipts are volatile, they're still ahead of the same period last year.   The speculation will increase steadily over the next 12 weeks on where the €8.3 billion should and shouldn’t be spent, for our view on the priorities see our pre-budget 2025 submission here: https://lnkd.in/eF7zrV9H #DeloitteBudget2025 #DeloitteTax #Budget2025 #SES #SummerEconomicStatement

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Ahead of the next general election, Chartered Accountants Ireland is campaigning to ensure the next Government recognises and supports the critical role SMEs play in Ireland's economy. We have engaged extensively with members in recent months listening to what they believe needs to be prioritised to make Ireland a better place to work and live. Our election manifesto 'Securing A Sustainable Economy' sets out the following key priorities: 👷‍♀️ Reduce labour costs for SMEs 📓 Think 'small first' when introducing new legislation 🈺 Simplify the tax regime to encourage enterprise 🚸 Make more childcare places available for working parents Until election day (whenever that day comes) our team will continue to work tirelessly to promote our members' priorities to politicians and policymakers alike. Stephen Lowry Gearóid O'Sullivan Leontia Doran Susan Rossney Barry Doyle Barry Dempsey Sinead Donovan Pamela McCreedy FCA Jill Farrelly MPRII Jeremy Twomey

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Learn which proposed changes to the Companies Act will affect your business. PwC Ireland has the insights you need.

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Compliance with new cybersecurity regulations is crucial for navigating the digital landscape. According to PwC Ireland’s Digital Trust Insights Survey 2025, regulations like DORA and NIS2 are driving best practices and fostering trust with stakeholders. Over half of Irish respondents see robust cybersecurity as a competitive advantage. Find out how regulations are shaping the future of cybersecurity here. #CyberRisk #CyberResilience

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With the Revenue Online Service (ROS) deadline to make contributions against 2023 earnings rapidly approaching on 14th November 2024, Paula Finlay, Head of Pensions, Davy Private Clients, explains why pensions are one of the most tax-efficient ways to save for your retirement. Why not request a call today. https://lnkd.in/eSeKaiwq #Pension #PensionTopUp #FinancialPlanning #RetirementPlanning

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What will #Budget2025 mean for you? Calculate your tax for 2025 with PwC Ireland's interactive calculator.

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What does #Budget2025 mean for your pocket? Use PwC Ireland's income tax calculator to estimate your income tax for 2025.

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Some great insights on the day in relation to the latest tax, accounting and company law regulations. A highlight was the AI presentation by Marie Toft, which showcased how artificial intelligence is revolutionising our field. Plus, networking with industry peers in person is always a bonus! Highly recommend these seminars for staying informed and connected. Ifac Ireland Chartered Accountants Cork Society Chartered Accountants Ireland #TaxAndAccounting #AI #ProfessionalDevelopment #Networking #Seminar

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We’ve analysed the newly introduced provisions from the Finance Bill related to Real Estate & Housing that weren’t covered in Budget 2025. Click here to find out what came as a surprise, who will be impacted, and our key insights:

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Is your organisation ready for the AI revolution? PwC Ireland's latest playbook, developed in partnership with Microsoft, provides a roadmap for deploying AI at scale. Understand the importance of cloud infrastructure and secure data practices for successful AI implementation. Dive into the playbook and start your journey today. #AI #CloudTech

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🚀 The EY Ireland Societal Impact Report 2024 reveals how EY Ireland is generating societal value under our three societal value pillars – Society, Prosperity and Planet. 🌍 Creating long-term value is central to our vision, ‘shaping the future with confidence’, as we demonstrate our renewed focus on creating meaningful employment, investing in our people, encouraging entrepreneurship and innovation, giving back to our community and reducing our impact on the environment whilst supporting our clients to do the same. ❓ Read the full Societal Impact Report now - https://lnkd.in/esTjg9xp

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Thank you to Gillian Peters CEO at Pragmatica for contributing an article of real value that clearly explains the sustainability related requirements SMEs face, particularly those in the supply chain of larger businesses who are in the process of collecting data for their scope 3 emissions. This can include looking for full carbon emissions reports including a breakdown per category of environmental policies and reduction plans. In some cases, SMEs are being asked to set Science Based Targets (SBTis) to validate their carbon emission reduction plans. For companies seeking support and guidance Pragmatica is an excellent Outsourced Sustainability Partner. https://pragmatica.ie/

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