Insights

Keep up to date with insights, best practices, news publications and press releases from Crowleys DFK.

a trio reunited

A Trio Reunited

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Almost 20 years have passed since Carol Hartnett, Pamela Nodwell and Edward Murphy started training together at Crowleys DFK. After qualifying as Chartered Accountants, their subsequent careers took them in different directions but the trio…
Crowleys DFK Cork Office Refurbishment

Crowleys DFK Cork Office Revamp

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Since being established in Cork in 1975, Crowleys DFK has witnessed the rapid growth of the city. Known as Ireland’s second city, Cork is the second largest economic hub in the country, with more than 20 financial services firms, over 150…
capital acquisitions tax strategy

Capital Acquisitions Tax (CAT) Strategy

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Revenue has published a new Capital Acquisitions Tax (CAT) Strategy for 2018 to 2020. We welcome the publication of the CAT strategy which aims to improve the management of CAT by improving service to support compliance and minimise interaction…

Crowleys DFK has been awarded ISO 9001:2015 Quality Management System certification

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Crowleys DFK has reinforced its commitment to excellence in client satisfaction, quality service and continuous business improvement by successfully transitioning to the ISO 9001:2015 Quality Management System standard. According to Tony…
VAT

Understanding how EU VAT Rules impact Electronically Supplied Services

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Businesses based in Ireland who provide electronically supplied services (e-services) to customers need to understand how to apply VAT correctly, explains Siobhán O’Hea, Partner of Tax Services. Value Added Tax can be a complicated area…

Benefits of locating your business in Ireland

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Ireland enjoys an enviable reputation as a business-friendly location and it’s not just global giants who reap the benefits, says Edward Murphy, Partner and Head of Tax Services. Ireland is home to many of the world’s most successful…
tax dedcuation for pre-letting expenses

New tax deduction of up to €5,000 for pre-letting expenses incurred by landlords

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Up to recently, landlords were not entitled to a tax deduction for pre-letting expenses such as mortgage interest, insurance and repairs incurred before the date a property was first let out. To encourage owners of vacant residential properties…
Benefit-in-Kind: Private Use of Company Vans

Changes to Benefit-in-Kind: Private Use of Company Vans

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Normally, where a van is available for the private use of an employee as a result of their employment, the employee is chargeable to PAYE, PRSI and USC in respect of that private use. Travel to and from work is considered private use. The…

KEEP – Share Option Scheme

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The Finance Bill 2017 has introduced a tax efficient share option scheme for employees of SMEs. The Finance Bill provides that from 1 January 2018, SMEs in Ireland will be able to grant KEEP (Key Employee Engagement Programme) share options…
VAT treatment of transactions

VAT and Payment Services

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The Revenue Commissioners have issued guidance which sets out the VAT treatment of transactions concerning the transfer of money. Guiding Principles Transactions are defined according to the purpose and nature of the service provided and…
preparing for gdpr

Preparing for General Data Protection Regulation (GDPR)

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The General Data Protection Regulation (GDPR) will come into effect from May 2018 replacing the existing data protection framework. Are you preparing for GDPR? Here are 10 tips to consider: 1. Have you created awareness? Staff should…

Budget 2018 Highlights

Personal Tax Cuts to the two middle rates of Universal Social Charge – 2.5% rate cut to 2%; 5% rate cut to 4.75%.   Incomes of €13,000 or less are exempt from the USC. Otherwise, rates are as follows: Income €                      Rate 0-…