A chargeable asset is any asset that, when sold or disposed of, may give rise to a liability for Capital Gains Tax (CGT). The tax applies to the gain (profit) made on the sale or disposal of these assets, not the total value of the asset itself. Examples of Chargeable Assets Here are common types of chargeable assets: Property: Residential or commercial buildings. … [Read more...]
Reform of Leaving Cert Accounting syllabus critical for sector
Interesting article by Barry Doyle, President Chartered Accountants Ireland who has outlined the need for an over haul of the Leaving Cert accounting syllabus. The Department of Education is expected to introduce a new syllabus from 2026. Full article is available here. … [Read more...]
Annual rate of inflation slows to 2.9% in March – CSO
New figures from the Central Statistics Office show that the annual rate of inflation slowed to 2.9% in March, down from a rate of 3.4% in February. … [Read more...]
Protecting your Business from VAT Fraud
Navigating the Risk: Protecting Your Business from VAT Fraud In the intricate web of modern commerce, VAT fraud emerges as a formidable challenge, ensnaring even the most legitimate traders in its deceptive threads. The spectre of VAT fraud looms large, threatening to entangle businesses in a chain of transactions that, unbeknownst to them, are laced with illegality. … [Read more...]
Happy New Year – open again 2nd January 2024
Christmas & New Year Opening Hours We wish to advise we will close on 22nd December 2023 at 1pm and reopen on 2nd January 2024 at 9 am. … [Read more...]