Unit 7A Newtown Centre Annacotty Limerick V94 C9P3

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    30 Aug by Coffey & Co. Tags: , , ,

    The Benefits of Outsourcing Accounting Services for Irish SMEs

    Introduction: Running a small or medium-sized enterprise (SME) in Ireland demands wearing multiple hats – from managing operations to nurturing client relationships. Among these responsibilities, accounting often looms as a time-consuming and complex task. That’s where outsourcing accounting services steps in as a strategic solution. In this article, we’ll explore the compelling advantages that outsourcing […]

    23 Aug by Coffey & Co. Tags: , , , ,

    Understanding VAT Regulations for Small Businesses in Ireland

    Introduction: Value Added Tax (VAT) is a crucial component of the Irish taxation system, and it significantly impacts small businesses operating within our country. As an SME owner, comprehending VAT regulations is essential for ensuring legal compliance and effective financial management. In this comprehensive guide, we’ll delve into the key aspects of VAT regulations for […]

    16 Aug by Coffey & Co. Tags: , , ,

    Tax Tips for SME’s in Ireland: Maximizing Deductions

    Introduction: When it comes to taxes, small and medium-sized enterprises (SMEs) in Ireland have the opportunity to optimize their deductions and minimize their tax liability. By understanding the available deductions and implementing smart tax strategies, SMEs can keep more of their hard-earned money and reinvest it into their business. In this blog post, we’ll explore […]

    9 Aug by Coffey & Co. Tags:

    The Role of Accountants in Helping Startups Succeed

    Introduction:In the bustling entrepreneurial landscape of Ireland, Small and Medium Enterprises (SMEs) play a crucial role in driving economic growth and innovation. Among the many key players in the success of these startups, accountants stand out as unsung heroes behind the scenes. Accountants in Ireland play a pivotal role in helping startups navigate the complex […]

    31 Jul by Coffey & Co. Tags: , ,

    5 Essential Accounting Practices for Small Businesses in Ireland

    1. Keep Accurate and Organized Financial Records Maintaining accurate and organised financial records is the foundation of good accounting practices. Invest in reliable accounting software or work with a professional accountant to ensure your records are up-to-date and properly categorised. Keep track of income, expenses, invoices, and receipts to have a clear picture of your […]

    Tax
    12 May by Coffey & Co

    Maximise Your Savings: A Guide to e-Worker Tax Relief in Ireland

    According to Statista, Ireland has one of the highest work-from-home rates in Europe alongside Luxembourg and Finland. Some of the industries where hybrid working is common include ICT, finance, and administrative services. The Irish government plans to increase this further. However, this comes with additional expenses such as increased electricity costs to the employee. With […]