Robert Fitzgerald

Thinking of locating or expanding your business into Ireland? There’s a lot more to it than just an appealing corporate tax regime!   MHA’s latest article gives a helpful overview of doing business in Ireland. It's a great, quick read for any business thinking of Ireland as a possible location: https://lnkd.in/eBsZGzJn #Tax #CorporateTax #RandD

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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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In yesterday’s Sunday Business Post, Colm Power, CFA, Director of Financial Planning at Davy, discusses how the series of changes to pension structures passed in the 2024 Finance Act will create new challenges for business owners. Master trusts are emerging as an important alternative as they allow for irregular, larger contributions, accommodating the variable cashflows that business owners often experience. To find out more about how Davy can work with you to develop a plan aligned with your retirement ambition, visit https://lnkd.in/euxWjGxF #MasterTrust #Pensions #RetirementPlanning #FinanceAct2024

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What tax obligations apply to an Irish regulated fund? We have prepared a comprehensive report which addresses this question across fund level, investor level and investment level for each type of legal vehicle. Click here for more details https://lnkd.in/eRJ2VwF6

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What tax obligations apply to an Irish regulated fund? We have prepared a comprehensive report which addresses this question across fund level, investor level and investment level for each type of legal vehicle. Click here for more details https://lnkd.in/eRJ2VwF6

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Interesting article from John Burns in today's Irish Independent around share based remuneration. Of note, the level of remuneration provided by share based remuneration is significant (€2.8 billion in 2023) and rapidly growing (€2.1 billion in 2022). However the system is complex for all stakeholders and needs to be simplified. The various regimes also need to be enhanced to support usage among SMEs who are increasingly having to offer share-based remuneration as a way of competing with larger competitors. These recommendations have formed part of our Deloitte 2025 pre-budget submission which you can read here: https://lnkd.in/eF7zrV9H #DeloitteBudget2025 #DeloitteTax #Budget2025 https://lnkd.in/ePg-p4-g

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Good to hear the Governement is considering scrapping the proposed changes to CGT retirement relief on the transfer of business. The proposed changes , if implemented, would have resulted in some businesses not being transferred until the current owner passed away or being sold to fund the tax. With the need to encourage Irish companies to scale and remain with family owners inappropriate tax provisions would have a negative effect . Forvis Mazars were delighted to assist various organisations in highlighting the practical impact of poorly researched legislative proposals. Perhaps a bit more consultation on the impact of proposed legislative changes would be best all round in the future.

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The Rules for Pensions 2024 👉 Significant changes 👉 Irish Directors can invest up to €2 500 000 👉 Reduce your Corporation tax bill 👉 Invest in your future https://lnkd.in/gRwgKT4C #aroundfinance #pensions #PRSAs #LimitedCompany #Directors

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📖 BDO Ireland | 2025 Budget Highlights 📖 Our 2025 Budget Highlights document is now available, covering key areas such as: 📊 Business Tax 🏢 Capital Tax 💸 VAT 👤 Income Tax, USC, PRSI, and more Get the full breakdown and see how these changes may impact you and your business. Derek Henry | Angela Fleming | Cian O'Sullivan | Philip Nolan #BDOIreland #Budget2025 #TaxUpdates #IrishEconomy #BusinessTax

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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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𝐖𝐡𝐚𝐭 𝐝𝐨𝐞𝐬 𝐈𝐫𝐞𝐥𝐚𝐧𝐝’𝐬 𝐟𝐮𝐭𝐮𝐫𝐞 𝐡𝐨𝐥𝐝?🟢 Chartered Accountants Ireland's latest edition dives into essential changes industry leaders advocate for in 2025. What’s the one change you’d like to see in 2025? https://ow.ly/8A8R50U6RGJ #AccountancyInsights #HireIQ #FutureOfFinance

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I'm presenting a webinar on the restructuring options for Irish businesses this Thursday. Given the significant rise in insolvency numbers in 2024, I'll cover what companies and directors should consider when dealing with financial challenges and provide insights on the available tools and how they operate. For those interested, OmniPro is hosting the session, find the link below 👇🏻 #IrishBusinesses #RestructuringOptions #Insolvency #Restructuring

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Making a will is a powerful step towards a well-planned legacy, providing certainty and protection for your loved ones.  My colleague, Andrea McNamara, Head of Private Client Law at EY Law Ireland spoke to RTE’s Claire Byrne about the importance of making a will and succession planning. Listen here - bit.ly/3UncV0m 🌟 #EstatePlanning #WillAndTestament #FinancialWellbeing

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Irish tax revenue growth continues year on year with strong performances in income tax, VAT and corporation tax.

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Irish tax revenue growth continues year on year with strong performances in income tax, VAT and corporation tax.

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Irish tax revenue growth continues year on year with strong performances in income tax, VAT and corporation tax.

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Members Voluntary Liquidation ('MVL') is a formal process used to wind down solvent companies that have come to the end of their useful life in Ireland. The process requires the appointment of a Liquidator to wind up the affairs of the company in a coordinated and orderly fashion. The process often provides benefits from a tax and assets distribution perspective. Our dedicated liquidation team in EY provide an efficient and thorough service for our clients. Feel free to reach out to myself or the team below for further information! #MVL #EntityElimination

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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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