Did you know that Ireland has a very generous holding company tax relief? For the growing SME, it is worth knowing the rules about holding companies in Ireland because smart business people in the know are using them to be more tax-efficient and to give themselves better options.
About Rory Finegan
Rory Finegan is the Founding Partner of Beyond Accounting. Rory’s journey started over 20 years ago, working as a Chartered Accountant at KPMG. After four years helping clients in the media, banking, retail, manufacturing, and services, Rory took on a variety of leading roles in Irish and UK companies before founding his own accountancy practice in 2012. Rory’s real-world managerial expertise, and his experience working for one of the Big Four, means that he is ideally placed to understand the needs of his clients. Whatever business you’re in, Rory speaks your language!
Entries by Rory Finegan
If you’re planning on selling your business so you can invest in your next venture, but you haven’t looked into availing of Entrepreneur Relief, then you’re missing a trick! Entrepreneur Relief is a fantastic tax benefit that helps business owners in Ireland to build wealth in a tax-efficient way.
Online Irish consumers are expected to double their spend by 2021. This steep upward projection for e-commerce shouldn’t be a surprise to anyone, but there are some more nuanced trends we’ve noticed in the retail space that are worth keeping an eye on as well…
Come along to our FREE Xero Demonstration and find out what cloud accounting is all about! Beyond is Ireland’s leading Xero expert and only Platinum Partner. We can advise you on Xero, as well as integrations with other business tools to streamline your business processes.
Ever considered offering key employees share ownership? If you’re chasing real business growth, share options can really consolidate your senior management team. If you want your team to join you in “thinking big”, then the solution is simple – give them something tangible to think big about!
In the hospitality sector, isolated point of sale systems are a source of endless manual labour for the bookkeeper. Wouldn’t it be so much easier if your point of sale systems talked directly to your accounting software? By integrating Xero accounting software with Lightspeed, that’s exactly what you get.
The Irish banking system makes currency transfers work in their favour. Firstly, there is a charge for transferring, then there is a currency conversion charge and, to top it off, you’ll receive a terrible exchange rate. The good news is TransferWise and TransferMate are changing the game.
At the moment, businesses in Ireland have three main options for banking – Bank of Ireland, AIB and Ulster bank. However, the emerging industry of fintech is bringing waves of change to how we do banking and with it come challenger banks entering the market.
Pensions are a bit of a holy grail when it comes to tax-efficient investments. Did you know that serious tax savings can be made for proprietary directors? What we’re about to share with you will be all the motivation you need to start making pension contributions as soon as possible.
Good news for bookkeepers! Beyond has been busy working with the development team at CBE to come up with a integration solution for PixelPoint and Xero. Let us tell you a bit about how this project came about and how you can get access to this integration solution.