BOR Blog

We Are Hiring!

Fri, 25 Apr 2025 15:20:41 GMT

We are recruiting for an experienced Accountant Technician

Brennan & O'Reilly Accountants is dedicated to removing the burden of accounting from business owners to enable them to concentrate on growing their business. Our firm provides comprehensive accounting services to ensure clients can focus on what they do best. Located in Kilcock, we are committed to delivering exceptional support tailored to the unique needs of each client.

Role Description

This is a full-time hybrid role for an experienced Accounting Technician. The role requires the candidate to work in Kilcock with some work from home flexibility. The Accounting Technician will collaborate with team members to ensure accurate and efficient financial management for our clients.

Qualification

Accounting Technician IATI qualified
IPASS Qualification an advantage

Requirements

Minimum of 3 years experience in a similar role, practice experience an advantage
Hands-on experience with software packages including Sage, Bright Accounts (Surf), QuickBooks preferable but not essential
Ability to work under pressure
Strong communicator for client facing interaction
Strong organisation skills and attention to detail is essential
Self-motivated with the ability to take ownership on the role

Responsibilities

Bookkeeping for a variety of clients, including bank, debtor, creditor reconciliation
Balance Sheet reconciliations
Preparation of annual accounts to trial balance stage
Preparation of VAT Returns
Preparation of RCT
Processing weekly / monthly payrolls
Income Tax Computations
Assisting on working papers for preparation of financial statements
Ad hoc bookkeeping and administrative tasks

Position

5 days per week (3 days office based / 2 day remotely)

 Renumeration

DOE €40k

Streamline Your Business Finances with Professional Accounting Services

Fri, 12 Apr 2024 05:51:50 GMT

In the ever-evolving landscape of business operations, one thing remains constant: the importance of efficient financial management.

From startups to established enterprises, maintaining accurate and up-to-date financial records is crucial for making informed decisions and ensuring long-term success. However, as businesses grow, so do the complexities of their financial processes, often leading to challenges in managing accounting tasks effectively.

This is where professional accounting services come into play. Partnering with a reputable accounting firm like Brennan O'Reilly Accountants can offer numerous benefits for businesses of all sizes. Let's explore how outsourcing your accounting needs can streamline your business finances and pave the way for sustainable growth.

1. Expertise and Experience: Professional accountants bring a wealth of expertise and experience to the table. They are well-versed in the latest accounting standards, regulations, and tax laws, ensuring compliance and accuracy in financial reporting. By entrusting your accounting tasks to experts, you can have peace of mind knowing that your finances are in capable hands.

2. Time and Resource Savings: Managing accounting functions in-house can be time-consuming and resource-intensive, especially for small and medium-sized businesses with limited staff and resources. Outsourcing accounting services allows you to free up valuable time and resources that can be redirected towards core business activities. This not only increases productivity but also enhances overall operational efficiency.

3. Access to Advanced Technology: Professional accounting firms leverage advanced technology and software solutions to streamline financial processes and improve efficiency. From cloud-based accounting platforms to automated reporting tools, these technologies enable real-time access to financial data and insights, empowering businesses to make informed decisions promptly.

4. Financial Analysis and Planning: Beyond basic bookkeeping and tax preparation, accounting professionals offer valuable insights into your company's financial health and performance. They can analyse financial data, identify trends, and provide strategic guidance to help you make sound business decisions. Whether it's budgeting, forecasting, or cash flow management, having a trusted advisor by your side can significantly impact your bottom line.

5. Scalability and Flexibility: As your business grows and evolves, so do your accounting needs. Outsourcing accounting services offers scalability and flexibility to adapt to changing requirements seamlessly. Whether you need assistance during busy periods, expansion into new markets, or specialised expertise for complex financial transactions, professional accountants can tailor their services to meet your specific needs.

In conclusion, partnering with a reputable accounting firm like Brennan O'Reilly Accountants can be a game-changer for your business. From expert financial guidance to time and resource savings, outsourcing your accounting needs offers a host of benefits that can drive efficiency, profitability, and long-term success. Take the first step towards streamlining your business finances today and unlock the full potential of your enterprise.

Unlocking Your Financial Success: Brennan O'Reilly Accountants' Expert Financial Statements Service!

Mon, 11 Mar 2024 21:13:10 GMT

At Brennan O'Reilly Accountants, we take pride in being your dedicated financial partners, committed to helping you achieve your business goals. One of our most popular and impactful services is our comprehensive Financial Statements offering.

Why Financial Statements Matter:

Financial Statements are the backbone of sound financial management for any business. They provide a clear and concise overview of your company's financial health, offering insights that are crucial for decision-making, strategic planning, and compliance. Whether you're a small start up or an established enterprise, understanding your financial position is vital for sustainable growth.

Our Expertise at Your Service:

When you choose Brennan O'Reilly Accountants for your Financial Statements needs, you're tapping into a wealth of expertise. Our seasoned team of professionals is dedicated to delivering accurate, timely, and insightful financial reports tailored to your unique business requirements.

Key Benefits of Our Financial Statements Service:

Clarity and Transparency: Gain a crystal-clear view of your financial performance with easy-to-understand statements.

Strategic Decision Support: Empower your decision-making process with data-driven insights.

Compliance Assurance: Stay ahead of regulatory requirements and ensure your financial statements meet industry standards.

Financial Health Assessment: Identify strengths, weaknesses, opportunities, and threats to optimize your financial strategy.

Customized Solutions: Our approach is tailored to your business, ensuring that our Financial Statements service aligns seamlessly with your objectives.

Accessible Anytime, Anywhere:

We understand the importance of convenience. Our online platform allows you to access your Financial Statements securely and conveniently, giving you the flexibility to review your financial data whenever and wherever you need it.

Trusted Partnership:

As your trusted financial advisors, we are dedicated to fostering a long-lasting partnership. Our goal is not just to provide Financial Statements but to empower you with the knowledge and insights needed to drive your business forward.

Ready to Elevate Your Financial Game?

If you haven't explored the benefits of Brennan O'Reilly Accountants' Financial Statements service, now is the perfect time. Contact us today to discover how we can help you unlock the full potential of your business through comprehensive financial insights.

We are Moving

Fri, 23 Feb 2024 06:52:38 GMT

Corporation tax is a tax levied on the net profits of a company. In Ireland, the rate of corporation tax is 12.5%. This makes Ireland a very attractive location for multinational companies.

We are thrilled to share some exciting news with you! Brennan O'Reilly Accountants is on the move, and come March 1st, we will be settling into our new office space. This marks a significant milestone for us, and we can't wait to continue providing top-notch financial services from our new location.

Our new address will be on Bridge Street in Kilcock, and we are confident that this change will enable us to serve you even better. The move reflects our commitment to growth, innovation, and enhancing the overall client experience.

We want to assure you that despite the change in location, our dedication to delivering high-quality accounting services remains unwavering. Our team is working diligently to ensure a seamless transition, and we look forward to welcoming you to our new office.

If you have any questions or concerns regarding the relocation, feel free to reach out to us at https://www.bor.ie/contact. We value your partnership and appreciate your continued trust in Brennan O'Reilly Accountants.

Thank you for being an integral part of our journey. We are excited about this new chapter and can't wait to continue supporting your financial success from our new home.

Best Regards,

Brennan O'Reilly Accountants

We are Hiring - Accounts & Payroll Assistant

Tue, 06 Feb 2024 17:16:29 GMT

Corporation tax is a tax levied on the net profits of a company. In Ireland, the rate of corporation tax is 12.5%. This makes Ireland a very attractive location for multinational companies.

Accounts & Payroll Assistant

This is a busy role and ideally you will have experience working in a fast-paced environment, coming from a practice where you are have dealt with multiple client. This role will involve assisting a portfolio of SME clients and establishing and maintaining a strong relationship with the clients. This is a busy role providing support as an Accounts Assistant and will be fully responsible for payroll portfolio

Requirements

Minimum of 3 years experience in a similar role, practice experience an advantage
Accounting Technician IATI or Part Qualified Accountant
IPASS Qualification
Hands-on experience with MS Office and accounting software (Sage & Surf an advantage)
Ability to work under pressure
Strong communicator for client facing interaction
Strong organization skills
Self-motivated with the ability to take ownership on the role

Responsibilities

Bookkeeping for a variety of clients, including bank, debtor, creditor reconciliation
Balance Sheet reconciliations
Preparation of annual accounts to trial balance stage
Preparation of VAT Returns
Preparation of RCT
Processing weekly / monthly payrolls
Income Tax Computations
Assisting on working papers for preparation of financial statements
Ad hoc bookkeeping and administrative tasks

Position

5 days per week (3 days office based / 2 day remotely)

Renumeration

DOE €40k

Send CV for attention of :

Denise O’Reilly, Partner

Email : info@bor.ie

We are Hiring - Qualified Accountant

Tue, 06 Feb 2024 12:45:34 GMT

Corporation tax is a tax levied on the net profits of a company. In Ireland, the rate of corporation tax is 12.5%. This makes Ireland a very attractive location for multinational companies.

Qualified Accountant

This role will involve managing a portfolio of SME clients and establishing and maintaining a strong relationship with the clients. This is a busy role and ideally you will have experience working in a fast-paced environment, coming from a practice where you have dealt with multiple clients.

Requirements

Minimum of 3 years experience in a similar role, practice experience essential
ACCA qualified Accountant (or equivalent)
Hands-on experience with software packages including Sage, Bright Accounts (Surf), Bright Accounts Production, QuickBooks preferable but not essential
Ability to work under pressure, manage multiple tasks simultaneously
Strong communicator for client facing interaction
Strong organisation skills
Self-motivated with the ability to take ownership of the role

Responsibilities

Completion & review of bi-monthly VAT return
Completion of annual RTD
Review month end tasks, journal, accruals, prepayments
Preparation and review of tax computations (IT, Corp, CGT, CAT)
Working papers for Financial Statements
Financial Statements FRS102, FRS105
Ad hoc tasks when necessary

Position

5 days per week (3 days office based / 2 day remotely)

Renumeration

DOE €50k

Send CV for attention of :

Denise O’Reilly, Partner

Email : info@bor.ie

The Role of Secretarial Services for Growing Businesses

Thu, 21 Sep 2023 12:08:41 GMT

This is where secretarial services become invaluable.

In the dynamic world of business, growth is the ultimate goal for small and medium-sized enterprises (SMEs). As these companies expand their operations, they often find themselves faced with an increasing administrative workload. This is where secretarial services become invaluable. Brennan O'Reilly Accountants understands the unique needs of SMEs, and that's why we offer comprehensive secretarial services designed to support your growth journey.

The Growing Pains of SMEs:

For SMEs, growth is a double-edged sword. While it brings exciting opportunities, it also comes with a host of administrative challenges. These challenges include:

Compliance Requirements: As your business grows, so do your compliance obligations. Staying on top of legal and regulatory changes can be overwhelming.
Document Management: With growth comes an avalanche of paperwork, from contracts and agreements to shareholder documents and board minutes.
Time Constraints: Entrepreneurs and business owners often find themselves stretched thin, juggling multiple responsibilities.
Risk Management: As your business expands, you need to manage risks effectively, from data security to legal liabilities.

How Secretarial Services Can Help:

Brennan O'Reilly's secretarial services are specifically tailored to address these challenges and provide SMEs with the support they need to thrive. Here's how our services can benefit your growing business:

Compliance Assistance: We keep a close eye on changing regulations and ensure your business stays compliant, saving you from costly penalties and legal issues.
Efficient Document Management: Our team can handle the organization and maintenance of your critical documents, ensuring they're readily accessible when needed.
Time Savings: By outsourcing time-consuming administrative tasks to us, you can focus on strategic business activities, such as expansion and customer acquisition.
Risk Mitigation: Our secretarial services include measures to help safeguard your business against various risks, including data breaches and contractual disputes.
Professional Expertise: You'll benefit from the expertise of our skilled professionals who have a deep understanding of the intricacies of business administration and compliance.

Why Brennan O'Reilly Accountants?

At Brennan O'Reilly, we've built a reputation for excellence in serving SMEs. We understand that every business is unique, and our secretarial services are tailored to meet your specific needs. Whether you're a start-up looking to lay a solid foundation for growth or an established SME aiming to streamline operations, we're here to support you every step of the way.

In conclusion, as your business grows, it's essential to have the right support in place to handle the administrative complexities that come with expansion. Brennan O'Reilly Accountants is your trusted partner in this journey, offering expert secretarial services that allow you to focus on what you do best—growing your business. Contact us today to learn more about how our secretarial services can benefit your SME. Your success is our priority.

Get Ready: Tax Deadlines Approaching in Ireland!

Thu, 21 Sep 2023 12:01:19 GMT

Upcoming tax deadlines in Ireland and some tips to help you meet them with ease.

Tax deadlines are a fact of life for individuals and businesses alike, and staying on top of them is crucial to avoiding penalties and ensuring your financial affairs are in order. In Ireland, tax deadlines are fast approaching, and it's time to start preparing. Whether you're a business owner or an individual taxpayer, understanding these deadlines and what they mean for you is essential. In this blog post, we'll break down the upcoming tax deadlines in Ireland and provide some tips to help you meet them with ease.

1. Income Tax Deadline:

Deadline: October 31, 2023

For individuals in Ireland, the income tax deadline is one of the most significant dates on the calendar. It's the time when you need to file your annual income tax return for the previous tax year. This includes income from employment, self-employment, rental income, and more.

Tips:

Gather all necessary documents and receipts, including P60s, P45s, and any other relevant income records.
Consider availing of tax credits and deductions you may be eligible for.
If you're self-employed, ensure your accounts are up-to-date.

2. Corporation Tax Deadline:

Deadline: Nine months after the end of your company's accounting period

For businesses in Ireland, the corporation tax deadline is crucial. Corporation tax is levied on company profits, and it's essential to calculate and pay this tax on time.

Tips:

Keep accurate financial records throughout the year.
Work with a qualified accountant to ensure your corporation tax calculations are accurate.
Consider tax planning strategies to minimize your tax liability.

3. Capital Gains Tax Deadline:

Deadline: 31st of October following the end of the tax year in which the gain was made

If you've made a profit from selling assets such as property, shares, or investments, you may be liable for capital gains tax.

Tips:

Keep records of the purchase and sale of assets.
Understand the exemptions and reliefs available for certain types of gains.
Consider consulting with a tax professional for complex transactions.

4. VAT Return Deadline:

Deadline: Bi-monthly or quarterly, depending on your VAT scheme

If your business is registered for Value Added Tax (VAT), you'll need to file regular VAT returns.

Tips:

Keep detailed records of all your VAT transactions.
Ensure you're using the correct VAT rates for your products or services.
Consider using accounting software to streamline the VAT return process.

Conclusion:

As the tax deadlines in Ireland approach, it's essential to be proactive and organized. Staying on top of your tax obligations not only ensures compliance with the law but also allows you to make the most of available tax benefits and avoid unnecessary stress. If you find it challenging to meet these deadlines on your own, consider seeking professional tax advice or hiring an accountant who can guide you through the process. With careful planning and preparation, you can navigate the tax season in Ireland with confidence.

Trustworthy Accounting Solutions for Your Business

Mon, 31 Jul 2023 10:45:25 GMT

Trustworthy Accounting Solutions for Your Business

Running a successful business involves a multitude of tasks, but one aspect that stands out as non-negotiable is effective financial management. From bookkeeping and payroll to year-end accounts and financial statements, maintaining accurate and compliant financial records is vital for the growth and success of any enterprise. For businesses seeking a reliable partner to handle their accounting needs, look no further than Brennan O'Reilly Accountants. In this blog post, we'll explore how Brennan O'Reilly Accountants provides trustworthy accounting solutions that empower businesses to thrive.

A Proven Track Record of Excellence:

With Brennan O'Reilly Accountants, you can be confident in entrusting your financial matters to a team with a proven track record of excellence. With years of experience in serving diverse businesses across various industries, they have garnered a reputation for delivering meticulous and reliable accounting services. The firm's dedication to customer satisfaction and success sets them apart as a trusted partner in the financial realm.

Comprehensive Accounting Services:

Brennan O'Reilly Accountants understands that each business has unique financial requirements. Thus, they offer comprehensive accounting services tailored to meet individual needs. From day-to-day bookkeeping to complex year-end accounts and financial statements, their team of seasoned professionals is equipped to handle it all. Whether you are a small business owner or a thriving corporation, they have the expertise to scale their services to match your company's growth trajectory.

New Company Formations Made Easy:

Starting a new company can be a daunting task, especially when it comes to dealing with legal and financial complexities. Brennan O'Reilly Accountants alleviates the burden by providing seamless new company formation services. Their knowledgeable experts guide you through the process, ensuring that all compliance requirements are met, so you can focus on building your business with confidence.

Hassle-Free Payroll Outsourcing:

Payroll processing is a crucial yet time-consuming aspect of managing a workforce. By outsourcing payroll to Brennan O'Reilly Accountants, you can streamline your operations and ensure that your employees receive timely and accurate payments. Their efficient and error-free payroll services enable you to focus on core business activities, fostering a productive and content workforce.

Building a Successful Financial Future Together:

The cornerstone of Brennan O'Reilly Accountants' approach is building strong, long-lasting relationships with their clients. They view themselves as strategic partners invested in their clients' financial success. Beyond just crunching numbers, their team collaborates with businesses to identify opportunities for growth, optimize financial performance, and navigate potential challenges.

Conclusion:

In the ever-evolving business landscape, having a reliable and trustworthy accounting partner is vital for any company's success. Brennan O'Reilly Accountants stand out as an industry-leading firm, offering a comprehensive range of accounting solutions tailored to suit individual business needs. With their proven expertise, commitment to excellence, and customer-centric approach, partnering with Brennan O'Reilly Accountants is a strategic investment in the financial stability and prosperity of your business. So, why wait? Empower your business with trustworthy accounting solutions and take that giant leap towards achieving your goals with Brennan O'Reilly Accountants.

100 Km in 30 Days - Rebecca Boyle's Story

Mon, 15 May 2023 16:16:57 GMT

Run, Walk or Wheel 100k in the 30 Days of June

This is a subtitle for your new post

Join Rebecca this June Register or Donate now at

www.100kin30days.ie

WHY DONATE?

Breast cancer, when caught early, has the highest five-year net survival rate, of 85%, but is the most common cancer in women in Ireland.

Early detection is key and in previous years we’ve focused on researching a cure, this year we are going for put a section of funds to prevention, education and early detection programmes run by the Marie Keating Foundatio n.

Rebecca Boyle - Breast Cancer Survivor

I turned 40 in January '22. Acutely aware that ageing is a privilege denied to so many, my own Dad died from Cancer aged 39. I was determined to live life to the fullest, with lots of trips and holidays planned. These plans came to an abrupt halt on June 28th '22 when my Consultant handed me a booklet entitled 'Understanding Breast Cancer' and informed me that I had Stage 2, Grade 3, Triple Positive Breast Cancer and it had spread to my lymph nodes. This came as a tremendous shock. A month later I had surgery to remove part of my breast and 23 lymph nodes. When I was informed I would be off work for at least 6 months, I nievely wondered how I would occupy my time. Well 21 weeks of Chemotherapy, followed by 20 sessions of Radiotherapy and three weekly Herceptin has kept me busy...

Whilst undergoing Chemotherapy I went for Genetic Testing to see if there was a genetic reason for my cancer. I come from a small family with no history of Breast Cancer so I was very optimistic that there was no genetic reason behind my diagnosis. On February 10th I discovered that I do have the BRAC2 alteration! Again, this came as a shock. I need to learn to be more prepared!!

So equipped with this new information I will now have two more preventative surgeries over the next 8 months.

Even as I write this I feel incredibly fortunate. I have benefited from the wonders of research and science, from incredible care, support and comfort. I'm extremely proud to be an Ambassador for 100k in 30 days. June will mark one year since being diagnosed. By taking part in this challenge for such a wonderful cause I can't think of a more fitting way to celebrate this milestone.

Who pays Corporation Tax in Ireland?

Mon, 08 May 2023 17:31:22 GMT

Corporation tax is a tax levied on the net profits of a company. In Ireland, the rate of corporation tax is 12.5%. This makes Ireland a very attractive location for multinational companies.

The global economy is in a state of flux. Countries are re-evaluating their tax systems in order to stay competitive and attract investment. As a result, corporate tax rates around the world are evolving.

Ireland has long been known as a favorable tax jurisdiction for businesses. This is largely due to the country's low corporate tax rate of 12.5%. In comparison, the corporate tax rate in the United Kingdom is 19%, while in the United States it is 21%.

The low corporate tax rate in Ireland has been a controversial issue. Critics argue that it gives an unfair advantage to businesses operating in the country. However, supporters of the low rate argue that it is necessary to attract investment and create jobs.

There is no doubt that the low corporate tax rate in Ireland has been beneficial for the economy. The country has attracted a number of multinational companies, such as Google, Apple, and Facebook. These companies have created thousands of jobs and have injected billions of euros into the economy.

However, the low corporate tax rate is not without its critics. Some argue that it has contributed to a widening of the gap between rich and poor. They argue that the low rate has benefited multinational companies, while small businesses and ordinary workers have not seen their taxes lowered.

The debate over the corporate tax rate in Ireland is likely to continue. What is certain is that the country's low rate has been a powerful tool in attracting investment and driving economic growth.

Ireland’s corporate tax system is one of the most advantageous in Europe, and has helped to make the country one of the most prosperous in the bloc.

The country’s corporate tax rate is 12.5 percent, which is the lowest in Europe. And, because Ireland is a full member of the European Union, companies headquartered here can take advantage of the EU’s single market. This allows them to trade freely with other member states, and access a market of more than 500 million consumers.

In addition, Ireland has a highly educated workforce, and is home to some of the world’s leading multinational companies. These companies have chosen to locate here because of the favourable tax regime, and the country’s pro-business environment.

The evidence is clear: Ireland’s corporate tax system has been a major driver of economic success. It has attracted investment, created jobs, and helped to make the country one of the most prosperous in Europe.

Ireland's corporate tax rate is the lowest in Europe, at 12.5%. This makes it an attractive destination for foreign investment. The Irish government has also been supportive of businesses, providing a range of incentives and tax breaks. The result is a thriving economy, with strong growth in recent years. Ireland is now one of the most prosperous countries in the European Union.

Registered Office in Ireland

Fri, 31 Mar 2023 19:46:57 GMT

A company’s registered office is its official address. In Ireland, the registered office must be located in the state.

A company’s registered office is important because it is the address at which the company is officially located. This address is used for legal and official correspondence. The registered office must be located in Ireland, and the address must be displayed at the registered office and made available to the public. The company must also notify the Companies Registration Office of any change to the registered office address within 21 days.

What is a Registered Office?

A Registered Office is an address where certain legal documents for a company must be sent. It is the company's official address. The Registered Office is also the address that is used on public record, such as the Companies Register. A Registered Office is not necessarily the same as the company's trading address.

What are the benefits of having a Registered Office in Ireland?

A significant number of businesses choose to set up a registered office in Ireland for a variety of reasons. Here are some of the key benefits:

1. Easier access to the European market: As an EU member state, Ireland provides businesses with easier access to the 500 million consumers in the European market. This is particularly advantageous for businesses looking to export goods and services.

2. Access to a skilled workforce: Ireland has a young and educated population, which provides businesses with a skilled workforce. In addition, the country has a history of attracting international talent, which further enhances the talent pool available to businesses.

3. Low corporate tax rate: Ireland has a corporate tax rate of just 12.5%, which is one of the lowest in the EU. This makes Ireland an attractive destination for businesses looking to minimise their tax liability.

4. Favourable taxation regime for foreign companies: Foreign companies setting up in Ireland can avail of a number of tax incentives, including the Foreign Earnings Deduction, which allows businesses to deduct up to 30% of their foreign earnings from their Irish taxable profits.

5. Robust infrastructure: Ireland has a modern and efficient infrastructure, which includes an excellent transport network and a world-class telecoms infrastructure. This makes doing business in Ireland easier and more efficient.

6. pro-business environment: Ireland has a generally favourable environment for businesses. For example, the country ranks highly in the World Bank’s ‘Doing Business’ report and ranks first in the EU for the number of days required to start a business.

7. English-speaking country: As an English-speaking country, Ireland provides a smooth transition for businesses expanding into Europe. This can save businesses time and money in terms of training staff and communicating with customers and suppliers.

8. Gateway to the US market: Ireland is well-positioned to act as a gateway into the US market. Numerous US companies have chosen to locate their European operations in Ireland, taking advantage of the country’s pro-business environment and skilled workforce.

9. Competitive cost of doing business: Ireland is a relatively low-cost country in which to do business. This is due to a number of factors, including low energy costs and relatively low wages.

10. Supportive government: The Irish government is supportive of businesses and offers a range of initiatives to help businesses grow and succeed. For example, the Enterprise Ireland agency provides financial and technical assistance to businesses looking to expand in Ireland.

What are the requirements for a company to have a Registered Office in Ireland?

Every company registered in Ireland is required by law to have a Registered Office. This is the official address of the company and is where all official correspondence will be sent. The company's Annual Return and other documents required by the Companies Registration Office (CRO) must also be sent to the Registered Office.

The Registered Office must be located in Ireland and the address must be stated in the company's Memorandum of Association. The Registered Office cannot be a P.O. Box address.

It is the responsibility of the company's directors to ensure that the company has a Registered Office and that the required documents are sent to that address. If the company does not have a Registered Office, or the required documents are not sent to the Registered Office, the directors may be liable to a fine.

How can a company change its Registered Office in Ireland?

A company registered in Ireland can change its registered office address by passing a resolution at a shareholders’ meeting. The resolution must be passed by a simple majority of shareholders and filed with the Companies Registration Office (CRO). The company must then notify the CRO of the new registered office address within 14 days.

There are a number of reasons why a company might want to change its registered office address. Perhaps the company has relocated its operations and no longer has any presence at the current registered office address. Or maybe the company wants to change its registered office address to a more centrally located or prestigious address. Whatever the reason, changing the registered office address is a relatively straightforward process.

Once the resolution to change the registered office address has been passed by the shareholders, the company must notify the CRO of the new address. The CRO will then update the company’s details on the public register. The new registered office address will be displayed on the CRO website and will be available to the public.

It is important to note that changing the registered office address does not change the company’s legal status or the jurisdiction in which it is registered. The company will still be registered in Ireland and will be subject to Irish company law, even if its registered office address is now located outside of Ireland.

What happens if a company does not have a Registered Office in Ireland?

A company is legally required to have a registered office in Ireland. This is the address where important documents relating to the company, such as the Register of Members, are kept. The company's name and registered office address must be displayed at its premises.

If a company does not have a registered office in Ireland, it may be struck off the Register of Companies. This means the company will no longer exist and its directors may be liable to prosecution.

The company may also be wound up by the court if it does not have a registered office in Ireland. This means the company will be dissolved and its assets will be distributed to its creditors.

It is therefore very important for a company to have a registered office in Ireland.

The Irish government is very keen to attract inward investment and as a result, the process of incorporating a company in Ireland is simple and straightforward. One of the main requirements is to have a registered office in Ireland. This is the address at which the company must keep certain statutory registers and to which all official correspondence will be sent. It is relatively easy to set up a registered office in Ireland and there are a number of service providers who can help with this.

All you need to know about bookkeeping services in Ireland

info@kwsolutions.ie (KW Solutions) — Fri, 31 Mar 2023 19:32:35 GMT

Many small businesses in Ireland are choosing to outsource their bookkeeping services. This is because it can be a cost-effective way to manage their finances.

There are many bookkeeping companies in Ireland that can offer a range of services. This can include bookkeeping, payroll, and tax returns. Outsourcing your bookkeeping can free up your time so that you can focus on running your business. It can also help to reduce your accounting and administrative costs. When choosing a bookkeeping company, it is important to do your research. You should compare prices and services to find a company that best suits your needs.

What bookkeeping services are available in Ireland?

Bookkeeping services in Ireland can be classified into three main categories:

1. Financial bookkeeping services

2. Managerial bookkeeping services

3. Tax bookkeeping services

1. Financial bookkeeping services involve bookkeepers keeping track of an organisation's financial transactions. This may include recording transactions, preparing financial statements and managing payments.

2. Managerial bookkeeping services involve bookkeepers assisting managers in making financial decisions. This may include analysing financial data, creating budgets and forecasting future financial performance.

3. Tax bookkeeping services involve bookkeepers preparing an organisation's tax return. This may include Keeping track of an organisation's income and expenses, calculating taxes payable and filing the tax return with the relevant authorities.

What are the benefits of using a bookkeeping service?

Bookkeeping services provide a number of benefits to businesses, including:

1. Efficiency - good bookkeeping services can save businesses time and money by streamlining their financial operations. This can free up time and resources that can be better spent on other aspects of the business.

2. Accuracy - accurate financial records are essential for businesses of all sizes. Bookkeeping services can help ensure that financial records are accurate and up to date, which can save businesses money in the long run.

3. Compliance - compliance with financial regulations can be a complex and time-consuming process. Bookkeeping services can help businesses meet their compliance obligations in a timely and efficient manner.

4. Peace of mind - good bookkeeping services can provide businesses with peace of mind, knowing that their financial affairs are in order. This can allow businesses to focus on their core activities and customers.

How can a bookkeeping service save you money?

Many businesses choose to outsource their bookkeeping for a number of reasons, but one of the main reasons is to save money. A bookkeeping service can save you money in a number of ways.

Firstly, by taking care of your bookkeeping, you can free up time to focus on running and growing your business. Time is money, so by outsourcing your bookkeeping you can focus on more important things and leave the bookkeeping to the experts.

Secondly, a bookkeeping service can help you to claim back any eligible expenses. This can include claiming back VAT, expenses for business travel and more. By ensuring that your bookkeeping is up to date and accurate, you can be sure that you are claiming back all of the money that you are entitled to.

Thirdly, a bookkeeping service can help you to avoid any late payment fees. This is because they will keep track of all of your invoices and make sure that they are paid on time. This can save you a significant amount of money in late payment fees.

Fourthly, a bookkeeping service can help you to manage your cash flow more effectively. This is because they will have a clear overview of your incomings and outgoings, so they can advise you on how to best manage your money. This can save you a lot of money in the long run as you will be able to make more informed decisions about your finances.

Finally, a bookkeeping service can save you money by helping you to avoid any penalties or fines. This is because they will keep track of all of your tax obligations and make sure that you are meeting them. By doing this, you can avoid any costly penalties or fines.

Overall, a bookkeeping service can save you a lot of money. By taking care of your bookkeeping, you can free up time to focus on more important things, claim back any eligible expenses, avoid any late payment fees, manage your cash flow more effectively and avoid any penalties or fines.

What are the risks of not using a bookkeeping service?

Not using a bookkeeping service might save you some money in the short term, but it comes with a number of risks.

Firstly, if you don't have someone keeping track of your finances, it's easy to lose track of where your money is going and how much you have. This can lead to overspending and getting into debt.

Secondly, not having up-to-date financial information can make it difficult to make informed decisions about your business. You may not know how much money you have coming in or going out, which makes it hard to budget or plan for the future.

Thirdly, not using a bookkeeping service leaves you open to errors. You may make mistakes when recording transactions or entering data into your financial software. This can create problems down the line, especially if you need to file tax returns or annual accounts.

Fourthly, not using a bookkeeping service can put you at a disadvantage if you ever need to borrow money or apply for a grant or loan. Lenders will want to see up-to-date financial information before they agree to lend you money, and not having this could mean you're less likely to be approved.

So, while not using a bookkeeping service might save you some money in the short term, the risks outweigh the benefits in the long run. It's better to be safe than sorry, so if you're running a business, make sure you have a bookkeeping service in place.

Outsourcing your payroll. What you need to know?

Thu, 26 Jan 2023 07:00:21 GMT

Outsourcing your payroll is a wise business decision for any company.

By outsourcing to a professional payroll company, you can save your company time and money.

A professional payroll company can handle all of your payroll needs, from calculating employee pay to tax withholdings. They can also provide you with reports and analytics, so you can see how your business is performing.

Outsourcing your payroll is a smart way to free up your time and resources, so you can focus on growing your business.

1. Define "outsourcing payroll."

2. discuss the advantages of outsourcing payroll.

3. discuss the disadvantages of outsourcing payroll.

4. provide examples of when it may make sense to outsource payroll.

5. explain the process of outsourcing payroll.

6. offer tips for those who are outsourcing payroll for the first time.

7. list resources for further reading on outsourcing payroll.

Define "outsourcing payroll."

Payroll is the process by which employers pay an employee for the work they have completed. This includes calculating hours worked, withholdings, and deductions, and then issuing a pay check. Outsourcing payroll means that a company contracts with a third-party provider to handle all or part of their payroll process.

There are a number of reasons why a company might choose to outsource payroll. It can be a time-saving measure, as it frees up HR staff to focus on other duties. It can also help to ensure compliance with complex payroll regulations. In some cases, it may even be less expensive to outsource payroll than to handle it in-house.

When choosing a payroll provider, it is important to consider a number of factors. These include cost, ease of use, and the level of customer service offered. It is also important to make sure that the provider is compliant with all relevant regulations.

Outsourcing payroll can be a helpful solution for companies of all sizes. By working with a third-party provider, businesses can streamline the payroll process and free up HR staff to focus on other tasks.

discuss the advantages of outsourcing payroll.

Outsourcing your payroll can have many advantages. Perhaps the most obvious is that it can save you time. If you are running a business, there are a million and one things to do, and human resources is often not at the top of the list. Outsourcing your payroll means that you can delegate this time-consuming task to someone else, freeing up your time to focus on other areas of your business.

Another advantage of outsourcing your payroll is that it can save you money. Payroll processing can be expensive, particularly if you have a large workforce. By outsourcing your payroll, you can often get discounts on fees and services. In addition, by delegating this task, you can often avoid the need to hire extra staff to handle payroll processing.

Finally, outsourcing your payroll can help to ensure compliance with government regulations. If you are processing payroll in-house, it is your responsibility to ensure that you are up to date with the latest changes in tax and employment law. This can be a daunting task, and if you make a mistake, it could be costly. By outsourcing your payroll, you can often avoid these compliance issues as the responsibility will lie with the payroll provider.

discuss the disadvantages of outsourcing payroll.

When considering whether to outsource your payroll, it’s important to weigh up the pros and cons. One of the potential disadvantages of outsourcing payroll is that it can be more costly than doing it in-house. This is because you’ll need to factor in the cost of the service provider, as well as any software or equipment they use.

Another disadvantage of outsourcing payroll is that it can be less efficient than keeping it in-house. This is because you’ll need to communicate with the service provider and there can be a lot of back-and-forth between you and them. This can make the process take longer than if you were doing it yourself.

Another potential disadvantage is that you may not have as much control over the process. This is because you’ll be relying on the service provider to do things right and on time. If they make a mistake, it can delayed your payroll and cause problems for you and your employees.

Finally, another disadvantage of outsourcing payroll is that it can be harder to keep track of. This is because you won’t have visibility over what’s happening at every stage of the process. This can make it difficult to spot errors or potential problems.

provide examples of when it may make sense to outsource payroll.

There are a number of reasons why companies outsource their payroll. Perhaps the most common reason is to save money. Companies that outsource payroll no longer have to pay for payroll software, for example. They also no longer have to pay someone to manage payroll in-house.

Another reason to outsource payroll is to free up time. In-house payroll can be time-consuming, especially if the company is large and has a lot of employees. By outsourcing payroll, companies can free up time so that they can focus on other aspects of their business.

Outsourcing payroll can also help companies to ensure compliance with laws and regulations. This is because payroll services providers are usually up-to-date with the latest laws and regulations. They can also help companies to file the necessary payroll tax documents.

There are a few drawbacks to outsourcing payroll, however. One is that companies lose some control over their payroll when they outsource. They also have to be sure to choose a reputable and reliable payroll service provider. If the provider makes a mistake, it can be costly and time-consuming to fix.

Overall, outsourcing payroll can be a good option for companies that want to save time and money. They just need to be sure to choose a reputable provider.

explain the process of outsourcing payroll.

When you outsource your payroll, you are essentially handing over the responsibility of paying your employees to a third-party provider. This means that the provider will be responsible for ensuring that your employees are paid on time and in the correct amount.

The process of outsourcing payroll typically involves the following steps:

1. You will need to provide the payroll provider with information about your employees, including their names, addresses, Social Security numbers, and hourly rates.

2. The payroll provider will then create pay stubs for each of your employees.

3. Once the pay stubs have been created, the payroll provider will issue payments to your employees. This can be done either electronically or via check.

4. The payroll provider will then send you a report detailing the payments that have been made to your employees.

Outsourcing your payroll can save you a significant amount of time and money. You will no longer need to worry about making sure that your employees are paid on time and in the correct amount. Furthermore, you will not need to invest in payroll software or hire a payroll administrator.

offer tips for those who are outsourcing payroll for the first time.

There are many things to consider when outsourcing payroll for the first time. Here are six tips to help you get started:

1. Make sure you understand your company's needs. What type of payroll outsourcing do you need? Do you need full-service outsourcing, which includes everything from tax compliance to direct deposit? Or do you only need help with specific tasks, such as calculating pay checks or preparing tax filings?

2. Once you know what type of service you need, research options and get quotes from several providers. Payroll outsourcing can be expensive, so it's important to compare pricing and services.

3. Be sure to ask about compliance. federal, state, and local payroll taxes can be complex, and you'll want to make sure your provider can handle them correctly. Many providers also offer compliance consulting services to help you stay on top of changing regulations.

4. Another important consideration is data security. How will your provider safeguard your employee data? What type of security measures are in place?

5. Make sure you understand the fees associated with outsourcing payroll. Some providers charge a flat fee, while others charge a percentage of the total payroll. Other fees may include set-up costs, monthly maintenance fees, and per-transaction charges.

6. Finally, ask about customer support. What type of support is available if you have questions or problems? Is there a dedicated account manager or team you can contact? What are the hours of operation?

Outsourcing payroll can save you time and money, but it's important to do your research and choose a provider that's right for your business. These tips will help you get started.

list resources for further reading on outsourcing payroll.

Payroll outsourcing is becoming an increasingly popular option for businesses of all sizes. There are many advantages to outsourcing payroll, including cost savings, increased efficiency, and access to expert knowledge. However, before outsourcing payroll, it is important to do your research and choose a reputable provider.

There are a number of resources available to help you learn more about outsourcing payroll. The following books and articles are a good starting point:

• Outsourcing Payroll: A Guide for Business Owners, by Laura Handrick

• The Pros and Cons of Outsourcing Payroll, by Elizabeth Wasserman

• Is Payroll Outsourcing Right for Your Small Business? by Nancy Mann Jackson

In addition, the Small Business Administration (SBA) website provides information on choosing a payroll service provider and negotiating service contracts.

When considering outsourcing payroll, it is important to weigh the pros and cons carefully and choose a reputable provider. These resources will help you make an informed decision about whether payroll outsourcing is right for your business.

The bottom line is that outsourcing your payroll can save you time and money. It can also help you avoid costly mistakes and penalties. If you are looking for a way to streamline your business operations, outsourcing your payroll may be the right solution for you.

Should I be a sole trader or a limited company?

Thu, 26 Jan 2023 06:40:32 GMT

The decision of whether to operate as a sole trader or through a limited company is an important one for any business owner.

There are a number of factors to consider, including tax implications, liability and ease of set-up.

For many sole traders, the simplicity of operating as an individual is a key appeal. There is no need to register with CRO or file annual returns, and sole traders can often complete their tax returns with less paperwork than is required for a limited company. However, operating as a sole trader leaves the business owner open to unlimited liability, meaning that they could be held personally responsible for any debts incurred by the business.

Limited companies offer some protection for the business owner, as the company is a separate legal entity from its shareholders. This means that the shareholders are only liable for the debts of the company up to the amount they have invested. Limited companies also tend to be perceived as more professional by customers and suppliers, and can offer some tax advantages. However, they are more expensive and time-consuming to set up than sole trader businesses.

1. Deciding whether to operate as a sole trader or limited company is an important decision for any business owner.

2. There are a number of factors to consider when making this decision, including taxation, liability, and paperwork.

3. Operating as a sole trader is generally simpler and less expensive than setting up a limited company.

4. However, sole traders have unlimited liability for debts and obligations of the business.

5. Limited companies offer limited liability for shareholders, which can be an important consideration.

6. Limited companies also have more complex paperwork and reporting requirements.

7. Ultimately, the decision of which business structure to use depends on the specific circumstances of the business and the business owner.

Deciding whether to operate as a sole trader or limited company is an important decision for any business owner.

There are several key factors to consider when deciding whether to operate as a sole trader or a limited company. One of the most important factors is taxation. As a sole trader, you will be taxed as an individual and your business profits will be added to your personal income. This means that you will be taxed at your marginal tax rate. In contrast, a limited company is a separate legal entity from its owners and is taxed as a corporation. This can result in a lower overall tax rate for the company.

Another key factor to consider is liability. As a sole trader, you will be personally liable for any debts or losses incurred by your business. In contrast, a limited company is a separate legal entity from its owners and is therefore not liable for the debts or losses of the company. This can provide some protection for your personal assets in the event that your business is unable to pay its debts.

Finally, you need to consider the administrative burden of each structure. Operating as a sole trader is generally simpler and requires less paperwork than a limited company. However, a limited company may offer some advantages such as the ability to raise capital through the sale of shares and the ability to claim certain business expenses as tax deductions.

Ultimately, the decision of whether to operate as a sole trader or a limited company is a personal one and will depend on your individual circumstances. You should seek professional advice to ensure that you make the best decision for your business.

There are a number of factors to consider when making this decision, including taxation, liability, and paperwork.

There are a number of factors to consider when deciding whether to operate as a sole trader or limited company. These include taxation, liability, and paperwork.

Taxation is often the key consideration when choosing between the two structures. As a sole trader, you will be taxed personally on your profits. This means that you will not be able to claim certain expenses, such as the cost of running your office, against your tax bill. In contrast, limited companies are taxed separately from their owners. This means that you can claim business expenses against your company's profits, which can reduce your overall tax bill.

Liability is another key consideration. As a sole trader, you will be personally liable for all debts and liabilities incurred by your business. This means that your personal assets, such as your home and savings, are at risk if your business fails. In contrast, limited companies are separate legal entities. This means that the company's assets are at risk, not your personal ones. This can provide some protection if your business hits financial difficulty.

Paperwork is also a factor to consider. As a sole trader, you will need to keep records of your income and expenses. You will also need to file a self-assessment tax return each year. In contrast, limited companies must prepare annual accounts and file these with Companies House. They must also submit a corporation tax return to Revenue. This can be complex and time-consuming, so you need to consider whether you have the time and resources to do this.

All of these factors need to be weighed up when deciding whether to operate as a sole trader or limited company. There is no right or wrong answer, as it depends on your individual circumstances. You need to consider what is best for you, your business, and your long-term goals.

Operating as a sole trader is generally simpler and less expensive than setting up a limited company.

If you're thinking about starting your own business, you may be wondering whether you should operate as a sole trader or set up a limited company. There are pros and cons to both, and it's important to consider what's best for your individual business.

Operating as a sole trader is generally simpler and less expensive than setting up a limited company. This is because there is less paperwork and you don't need to register with Company Registration Office. As a sole trader, you are also personally liable for any debts your business incurs. This means that your personal finances could be at risk if your business is unsuccessful.

However, there are some advantages to operating as a sole trader. One of the main benefits is that you have complete control over your business. As a sole trader, you can make all the decisions about how your business is run. You don't need to consult with shareholders or directors, and you can change your business direction quickly and easily if you need to.

Another advantage of being a sole trader is that you can keep all of the profits your business makes. With a limited company, profits are subject to corporation tax. This means that you could end up paying more tax if your business is successful.

So, which is the best option for you? It depends on your individual circumstances. If you're not sure which structure is right for your business, it's a good idea to speak to an accountant or business adviser. They will be able to help you weigh up the pros and cons and make the best decision for your business.

However, sole traders have unlimited liability for debts and obligations of the business.

If you are wondering whether to operate as a sole trader or limited company, there are a few key considerations to take into account. One key factor is unlimited liability. As a sole trader, you will be personally liable for all business debts and obligations. This means that your personal assets could be at risk if the business is unable to meet its financial obligations. While this may not be a major concern if you are running a small business with limited exposure, it is something to be aware of if you are planning to grow your business.

Another key consideration is taxation. As a sole trader, you will be responsible for paying income tax. Limited companies are subject to different taxation rules, which may be more favourable depending on your circumstances. You should speak to an accountant to get advice on which structure would be more beneficial for you.

Finally, consider the administrative burden of each option. Running a limited company requires compliance with additional regulations, which can be time-consuming and costly. If you are looking for a simple and straightforward business structure, sole trading may be the best option for you.

Ultimately, the decision of whether to operate as a sole trader or limited company comes down to a balance of risk and reward. You will need to weigh up the potential benefits and drawbacks of each option to decide which is right for you and your business.

Limited companies offer limited liability for shareholders, which can be an important consideration.

A limited company offers its shareholders limited liability in the event that the company is unable to pay its debts. This can be an important consideration for shareholders, particularly if the company is involved in high-risk activities.

Shareholders in a limited company are only liable for the amount of money they have invested in the company. If the company is unable to pay its debts, shareholders will not be liable for any additional money. This can provide peace of mind for shareholders, particularly if the company is involved in high-risk activities.

It is important to note that limited liability does not protect shareholders from all risks. Shareholders can still lose their entire investment if the company is unsuccessful. Additionally, shareholders may be liable for taxes if the company is unable to pay its debts. However, the limited liability offered by a limited company can be a valuable consideration for shareholders.

Limited companies also have more complex paperwork and reporting requirements.

There are several key considerations when thinking about setting up as a limited company rather than a sole trader. One of the most important is the question of paperwork and reporting requirements.

For sole traders, the requirements are relatively simple. You will need to register with CRO and file a self-assessment tax return each year. You may also need to register for National Insurance contributions. Beyond that, there are relatively few ongoing reporting requirements.

Limited companies, on the other hand, have more complex paperwork and reporting requirements. You will need to prepare and file annual accounts with Companies House. These must be prepared in accordance with generally accepted accounting principles, which can be complex. You will also need to file a corporation tax return with Revenue.

The paperwork and reporting requirements for a limited company are therefore more complex than for a sole trader. This is something you should bear in mind when deciding which structure is right for your business.

Ultimately, the decision of which business structure to use depends on the specific circumstances of the business and the business owner.

There is no one-size-fits-all answer to the question of whether a sole trader or limited company is the best business structure to use. Ultimately, the decision depends on the specific circumstances of the business and the business owner.

There are a number of factors to consider when making this decision, including the size and scale of the business, the nature of the business, the risk involved, the potential for growth, and the personal circumstances of the owner.

Sole traders are the simplest and most common type of business structure. They are relatively easy and inexpensive to set up, and offer a high degree of flexibility and control to the owner. However, sole traders are also liable for all debts and losses incurred by the business, and so they may be considered a higher risk than limited companies.

Limited companies offer liability protection to the owners, meaning that they are not personally liable for the debts of the business. This can make them a more attractive option for businesses that are considered to be high-risk. Limited companies also tend to be more complex and expensive to set up than sole traders, and so they may not be suitable for all businesses.

The final decision of which business structure to use should be made after careful consideration of all the factors involved.

There is no easy answer when it comes to choosing between being a sole trader or a limited company. Both have their pros and cons, and the best decision for you will depend on your individual circumstances. However, if you are starting a business from scratch, you may want to consider setting up as a limited company, as this can give you some legal and financial protection. Whichever structure you choose, make sure you do your research and seek professional advice to ensure you make the best decision for your business.

We are hiring!

Mon, 05 Sep 2022 08:11:45 GMT

Accountant Technician / Bookkeeper

We are a small accountancy practice based in Kilcock and require an experienced Accountant Technician / Bookkeeper to join us as we expand and grow. This role will involve assisting a portfolio of SME clients and establishing and maintaining a strong relationship with the clients.

Requirements

• Ideally Accounting Technician IATI qualification

• Hands-on experience with MS Office and accounting software (Sage & Surf an advantage)

• Ability to work under pressure

• Strong communicator for client facing interaction

• Strong organisation skills

• Self-motivated with the ability to take ownership on the role

Responsibilities

• Bookkeeping for a variety of clients, including bank reconciliation

• Reconciling debtor and creditors on a monthly basis.

• Balance Sheet reconciliations on a monthly basis

• Preparation of annual accounts to trial balance stage

• Preparation of VAT Returns

• Preparation of RCT

• Processing weekly / monthly payrolls

• Income Tax Computations

• Ad hoc bookkeeping and administrative tasks

Position

Full time 5 days per week

Renumeration

Depending on Experience

STAND WITH UKRAINE! Our office will be collecting donations for the people of Ukraine. Please contact partner Denise @ 087 287 9027

Tue, 01 Mar 2022 20:12:24 GMT

Support The People of Ukraine

STAND WITH UKRAINE!

Our office will be collecting donations for the people of Ukraine. We at Brennan & O'Reilly Accountants located on 1st Floor Office, New Lane, Main Street, Kilcock, Co. Kildare, W23 YY40. Transport is leaving Ireland on Friday. Donations will be delivered to our friend volunteer in Poland. Chris lives in Krakow now, and he is travelling to the border every two days delivering supplies and helping as much as he can. So far more than three hundred thousand people have fled their homes and crossed their border into Poland.

This is an urgent appeal to anyone in our community who can help.

Here is a list of things that are very essential at the moment:

-blankets

-sleeping bags

-flasks

-tea

-coffee

-first aid and medicine

-flashlights and batteries

-sanitary products

-small portable heaters

We will be accepting donations this Wednesday and Thursday 09:00-17:00.

For out of hours drop-off please contact Denise at 0872879027.

Your support is greatly appreciated!

#standingwithukraine

#stopthewar

#peaceforukraine

When A Client Brings You Ice Cream

RG387100 — Wed, 23 Jun 2021 15:29:09 GMT

We Are Hiring

Wed, 26 May 2021 17:06:46 GMT

Accountant Technician / bookkeeper

Please forward CV to info@bor.ie

We require an experienced Accountant Technician / Bookkeeper to join us as we expand and grow. This role will involve assisting a portfolio of SME clients and establishing and maintaining a strong relationship with the clients.

Requirements

Ideally Accounting Technician IATI qualification
Hands-on experience with MS Office and accounting software (Sage & Surf an advantage)
Ability to work under pressure
Strong communicator
Strong organisation skills
Self-motivated with the ability to take ownership on the role

Responsibilities

Bookkeeping for a variety of clients, including bank reconciliation
Reconciling debtor and creditors on a monthly basis.
Preparation of annual accounts to trial balance stage
Preparation of VAT Returns
Preparation of RCT
Ad hoc bookkeeping and administrative tasks

Position

Permanent position working 3 days per week (days can be flexible to suit your personal/family needs)

Renumeration

DOE €28k - Pro rata for 3 days per week €16,800 per annum

TWSS Reconciliation

RG387100 — Wed, 24 Mar 2021 22:19:12 GMT

Revenue have commenced the TWSS reconciliation process this week. Employers have until the 30th June 2021 to review and accept the reconciliations completed by Revenue.

The TWSS reconciliation process will ensure there is an accurate reconciliation between the:

subsidy amounts paid by Revenue to employers

and

subsidy amounts that were properly payable to employers for relevant employees and paid to those employees.

This reconciliation is for the initial stage of TWSS where Revenue overpaid and will claw-back any amounts payable to Revenue. Liabilities on TWSS less than €500 Revenue will not look to recoup payment

BOR 2nd Anniversary

Thu, 07 Jan 2021 18:05:13 GMT

Although we can’t celebrate our second anniversary due to Covid19, but we can reminisce on last years office celebrations. We are forever grateful to all our loyal clients, without you we would not be here, thank you. These are hard times at present but if we all stick together and support one another we will make it through.

Thank you, Linda & Denise

BREXIT – Are You Ready

Thu, 07 Jan 2021 18:05:12 GMT

The Department of Enterprise, Trade & Employment are reminding businesses that Brexit is now here. Britain has left the single market and customs union as of 1st January 2021.

If you have not already prepared for these changes now is the time to look for advice and support. https://lnkd.in/gF6-4fQ

Have you already checked whether you are ready for Brexit? If not start by filling out the form on the Brexit Readiness Checker, which will give you a report on exactly what needs to be done for your individual business.
https://lnkd.in/gcYjbZF

Does your business import or export to the UK? If so then you will need to implement Brexit changes and you will also need to have an EORI number with Revenue.

Get in touch if you need any further advice by telephone 087 211 2154 or email info@bor.i e

WE ARE OPEN FOR ESSENTIAL SERVICES

Thu, 07 Jan 2021 18:05:11 GMT

Our office remains open however all meetings will be conducted by telephone or Zoom to protect you and our staff

Please contact us for assistance regarding Revenue’s Employment Wage Subsidy Scheme, Revenue Debt Warehousing and Phased Payment Applications. We are here to help you and your business, we can advise you on tax, accounting and payroll services.

Please contact us by telephone 087 211 2154 or email info@bor.ie

BOR Blog

We Are Hiring!

We are recruiting for an experienced Accountant Technician

Streamline Your Business Finances with Professional Accounting Services

In the ever-evolving landscape of business operations, one thing remains constant: the importance of efficient financial management.

Unlocking Your Financial Success: Brennan O'Reilly Accountants' Expert Financial Statements Service!

At Brennan O'Reilly Accountants, we take pride in being your dedicated financial partners, committed to helping you achieve your business goals. One of our most popular and impactful services is our comprehensive Financial Statements offering.

We are Moving

Corporation tax is a tax levied on the net profits of a company. In Ireland, the rate of corporation tax is 12.5%. This makes Ireland a very attractive location for multinational companies.

We are Hiring - Accounts & Payroll Assistant

Corporation tax is a tax levied on the net profits of a company. In Ireland, the rate of corporation tax is 12.5%. This makes Ireland a very attractive location for multinational companies.

We are Hiring - Qualified Accountant

Corporation tax is a tax levied on the net profits of a company. In Ireland, the rate of corporation tax is 12.5%. This makes Ireland a very attractive location for multinational companies.

The Role of Secretarial Services for Growing Businesses

This is where secretarial services become invaluable.

Get Ready: Tax Deadlines Approaching in Ireland!

Upcoming tax deadlines in Ireland and some tips to help you meet them with ease.

Trustworthy Accounting Solutions for Your Business

Trustworthy Accounting Solutions for Your Business

100 Km in 30 Days - Rebecca Boyle's Story

Run, Walk or Wheel 100k in the 30 Days of June ﻿

This is a subtitle for your new post

WHY DONATE?

Who pays Corporation Tax in Ireland?

Corporation tax is a tax levied on the net profits of a company. In Ireland, the rate of corporation tax is 12.5%. This makes Ireland a very attractive location for multinational companies.

Registered Office in Ireland

A company’s registered office is its official address. In Ireland, the registered office must be located in the state.

What is a Registered Office?

What are the benefits of having a Registered Office in Ireland?

What are the requirements for a company to have a Registered Office in Ireland?

How can a company change its Registered Office in Ireland?

What happens if a company does not have a Registered Office in Ireland?

All you need to know about bookkeeping services in Ireland

Many small businesses in Ireland are choosing to outsource their bookkeeping services. This is because it can be a cost-effective way to manage their finances.

What bookkeeping services are available in Ireland?

What are the benefits of using a bookkeeping service?

How can a bookkeeping service save you money?

What are the risks of not using a bookkeeping service?

Outsourcing your payroll. What you need to know?

Outsourcing your payroll is a wise business decision for any company.

Define "outsourcing payroll."

discuss the advantages of outsourcing payroll.

discuss the disadvantages of outsourcing payroll.

provide examples of when it may make sense to outsource payroll.

explain the process of outsourcing payroll.

offer tips for those who are outsourcing payroll for the first time.

list resources for further reading on outsourcing payroll.

Should I be a sole trader or a limited company?

The decision of whether to operate as a sole trader or through a limited company is an important one for any business owner.

Deciding whether to operate as a sole trader or limited company is an important decision for any business owner.

There are a number of factors to consider when making this decision, including taxation, liability, and paperwork.

Operating as a sole trader is generally simpler and less expensive than setting up a limited company.

However, sole traders have unlimited liability for debts and obligations of the business.

Limited companies offer limited liability for shareholders, which can be an important consideration.

Limited companies also have more complex paperwork and reporting requirements.

Ultimately, the decision of which business structure to use depends on the specific circumstances of the business and the business owner.

We are hiring!

Accountant Technician / Bookkeeper

We are a small accountancy practice based in Kilcock and require an experienced Accountant Technician / Bookkeeper to join us as we expand and grow. This role will involve assisting a portfolio of SME clients and establishing and maintaining a strong relationship with the clients.

STAND WITH UKRAINE! Our office will be collecting donations for the people of Ukraine. Please contact partner Denise @ 087 287 9027

Support The People of Ukraine

When A Client Brings You Ice Cream

We Are Hiring

Accountant Technician / bookkeeper

TWSS Reconciliation

Revenue have commenced the TWSS reconciliation process this week. Employers have until the 30th June 2021 to review and accept the reconciliations completed by Revenue.

BOR 2nd Anniversary

BREXIT – Are You Ready

The Department of Enterprise, Trade & Employment are reminding businesses that Brexit is now here. Britain has left the single market and customs union as of 1st January 2021.

WE ARE OPEN FOR ESSENTIAL SERVICES

Our office remains open however all meetings will be conducted by telephone or Zoom to protect you and our staff

Run, Walk or Wheel 100k in the 30 Days of June