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...
The tax treatment of cryptocurrency, crypto-assets, and NFTs is coming under increasing scrutiny from both Revenue and asset holders. Income vs corporation tax The most asked question about transactions involving crypto-assets is whether the transaction should be...
The Minister for Finance, Paschal Donohoe, has announced the extension of the 9 percent VAT rate for the tourism and hospitality industry for a further six months. The 9 percent VAT rate, which was due to end on 31 August 2022, will remain in place for these sectors...
To use an American expression, this one is a “no-brainer”! If you’re self-employed and some of your income is going to be taxed at 40% it makes sense to take out a pension which has the double advantage of reducing your Income Tax bill now and providing for your...
On the 1st of November 2019 the Legal Services Regulatory Authority (LSRA) introduced the framework to allow existing partnerships of solicitors to apply for authorisation to operate with limited liability. Authorisation of a partnership of solicitors to operate with...
In the first update to regulations since 2014 The Law Society will be proposing new regulations that they are preparing to have into legislation by the end of 2022. Under the proposed new regulations: Reporting Accountants report will be due no later than five months...
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