TEMPORARY BUSINESS ENERGY SUPPORT SCHEME (TBESS)

In October Revenue announced the introduction of the Temporary Business Energy Support Scheme (TBESS) to assist companies in Ireland who are suffering from large increases in their operating energy costs. Whether gas or electricity, so long as your company is tax...

CLAIMING TAX RELIEF ON HEALTH EXPENSES

You must have receipts for any of the expenses you wish to claim relief on, and can claim for the last four years. If you have private health insurance, you can claim tax relief on the portion that is not covered by your insurer, i.e. your “excess”. If you are...

BUDGET 2023 KEY POINTS FOR BUSINESS

Budget 2023 has been delivered and digested by many interested parties across the country. But what does it actually mean for your business? Energy Costs A new scheme, The Temporary Business Energy Support Scheme (TBESS) will assist SMEs by paying for 40% of the...

MONEY SAVING TIPS FOR SMALL BUSINESSES

With all the challenges we are facing following the pandemic, Brexit, and the war in Ukraine, everything seems to be getting more expensive. How do you cope if you’re a small business with a limited budget? Here are a few ideas that might help. Look deeply at...

INFLATION EFFECTS ON SMALL BUSINESS

What is inflation? Inflation occurs if there is a broad increase in the prices of goods and services. It means that you can buy less for €1 today than you could yesterday. Why is inflation rising? Inflation has risen because when the economy reopened after the...

LIVING WAGE PROPOSED FOR ALL EMPLOYEES

The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, has proposed to introduce a living wage for all employees. The living wage will be 60% of the median wage in any given year, which in 2022 would be €12.17 per hour. The national minimum wage...
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