Value-Added Tax (VAT) is applied to any goods or services in Ireland, even the ones that are imported into the country. It is charged on the total sum of the merchant’s products, on any services done abroad, and on goods acquired from EU member states. It includes all taxes, commissions, costs, and charges. The standard rate of VAT is 23% for goods and services that are not in any reduction category.Read more

There are many companies in the world with different methods of conducting business to customers. You need to find out what will benefit your ideas, your budget, and your goals best. This article will explain the two types of companies most people choose when starting out: Sole Trader and Limited Company. Both have different ways of managing shares and property and are run differently.Read more

There are many steps and procedures that you must go through to set up a Limited Company in Ireland. This article will explain the different types of Limited Companies, the Corporation Tax rate that you will pay, the requirements for creating a Limited Company, how and where to register your company’s name and address, how to register for VAT, and what documentation you need to fill out and have.Read more

There are a few things you need to know if you are a non-resident director who wants to start a company in Ireland. You need to take out a Section 137 Non-Resident Directors Bond, as stated in section 137 of the Companies Act 2014, and ensure that you fill out any relevant documentation. This article will explain why you need to take out a bond, what the bond entails, whether you qualify for receiving the bond, and what to do after you receive your bond.Read more

The corporation tax in Ireland is fully open and transparent. The features within makes it one of the most attractive global investment location. The corporation tax rate is 12.5% which is relatively lower compared to other European countries. It is the tax imposed on the net income of the company. It refers to the amount of tax that companies are supposed to pay to the government or tax authorities from annual profits. This tax has various effects on the company’s investment decisions as well as government revenues.Read more

Bookkeeping and Accounting requirements grow with your business and can become quite demanding. We use your bookkeeping records to create Year-End Accounts.

Year-End Accounts give you information about your business and help you raise finances or help you make a mortgage application.Read more

You need to qualify for Corporation Tax when you create a Limited Company in Ireland. This article will explain what Corporation Tax is, how it is applied to your company’s services or goods, and how you can qualify for it.

What Is Corporation Tax?

Corporation Tax (CT) is a tax on Irish company profits and on companies that are incorporated in Ireland. Businesses pay it based on Income Tax rules.Read more

There are many allowances and reliefs available that can help you minimize any tax liabilities on earnings, profits of trade, or gains when you sell assets. Business Consulting Hub accountants can help you find which ones will save the most taxes for you.Read more

Filing tax returns can be complicated and stressful in Ireland, especially when other paperwork begins to pile up and deadlines grow closer. The many steps you need to take to calculate your taxes and file them may also be confusing. Our tax return service makes sure to relieve your burdens and worries about filing taxes. We have helped thousands of people with their tax returns and have competitive pricing for our service.Read more

When starting a company, you may notice that most Irish goods and services have a VAT. It is important to understand how VAT will affect your business and whatever products or services you may provide. This article will explain what VAT is, how it works, who should register for it, how to qualify for it, and if there are any exemptions from it.Read more