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What, Where, Why, Who – Things to consider before starting a business….

What, Where, Why, Who – Things to consider before starting a business…. Often budding entrepreneurs spend a lot of time planning the business structure, looking at funding options, seeking professional advice and imagining their potential success – all before they figure out what their products/service is, and how they will take it to market. Outlined […]

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Tax Trainee: My Journey to Date

I began working in Baker Tilly Hughes Blakes tax department in June last year, having just completed a degree in Law and German in the University of Limerick. I chose this degree as I wanted to gain knowledge and experience which could be easily transferred from one area to another. I had spent 8 months […]

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Annual General Meeting – Getting it Right

An Annual General Meeting (“AGM”) is a meeting of the members and is a statutory requirement for every Company. The Companies Act 2014 states that if a default is made in holding the AGM, the company and any of its officers who are in default will be guilty of a category 3 offence. Routine Business […]

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digital tranformation

2018: Get digitally transformed or get left behind…

Culture, especially business culture, historically has shown some degree of resistance to change. However, companies must embrace change, in particular a digital transformation to stay competitive and relevant in the rapidly changing business landscape. As companies face into a new year of digital transformation emerging technologies have the potential to increase productivity for business. 2018 […]

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A New Audit Era

A new era for audit

The audit of the future will bear little resemblance to the traditional audit that company owners and directors are accustomed to receiving today. In fact, the way organisations conduct audits will change more in the next 5-10 years than in the last 50 years given the evolution of technology and analytics. As the world innovates, […]

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Major US Tax Reform – What Will It Mean For Ireland?

It appears that US Republicans’ push to implement historic tax changes is about to happen, with many of the new rules taking effect from 1 January 2018. Given that tax competitiveness has historically been crucial to Ireland’s FDI strategy, should Ireland Inc be worried? Whilst the complexity and the knock-on effects of the new US […]

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A Year in Review: 2017

This has been a momentous year for Ireland, and as 2017 draws to a close we look back at the many changes and events that have happened in the past 12 months.   Storm Ophelia Ireland was captivated in October when news that the worst storm in 50 years was coming our direction. Storm Ophelia […]

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Year End Tax Planning Ideas

The fiscal year end in the Republic of Ireland has been 31 December for a number of years now. That means that individuals’ income tax returns are based on a year to 31 December. Companies and businesses (including sole trades and partnerships) may have their own accounting year end, although in most cases these are […]

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Powerscourt Distillery secures €5 million investment

Powerscourt Distillery has secured investment of €5 million from the Goodbody EIIS Fund to finance a significant expansion of its whiskey-making operation in County Wicklow. The new whiskey distillery has obtained €2 million from the Goodbody 2016 EIIS Fund and a further €3 million is planned for investment early next year. Powerscourt Distillery will use […]

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Ireland: The Journey home for Christmas

Ireland has a long history of emigration, the most recent surge being during the recession when hundreds of thousands left our shores in search of a better life. They ranged from whole families, to young people some of whom wanted to experience life and work abroad. Statistics show that more than 100,000 Irish people moved […]

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