
Breaking News - Revenue intensifies Brexit engagement with businesses
Revenue announced on July 16 that over the course of the next eight weeks, it will undertake an intensified Brexit engagement programme with businesses who trade with the UK.
Revenue’s focus is on helping and supporting those businesses that will be impacted immediately by Brexit, from the moment it happens. Letters are issuing to traders, on a phased basis, outlining the most critical Brexit preparation steps they need to take in addition to having a customs registration, more commonly known as an Economic Operators Registration and Identification (EORI) number.
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O'Connell & Associates is a leading Accountancy and Financial Services firm, based in Lucan, West Dublin offering advice and guidance to individuals and small to medium sized businesses (SMEs). We also provide Personal Financial Advice & Tax Planning along with the completion of your Annual Income Tax Returns. If you would like to find out how we can help improve your personal and business finances, call us today for a FREE Consultation on Tel: 01 5330814 or email kieran@oconnellandassociates.ie.
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The PAYE Modernisation Project will involve the most significant reform of the PAYE system since its introduction in 1960. Employers will need to calculate and report their employees’ pay and deductions as they are being paid. This will make it easier to deduct and pay at the right time the correct amounts of:
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