2018 is fast approaching, a new year brings new beginnings, hope and dreams. The team at ODK wish you a very happy Christmas and a successful 2018/ Audrey Burke McCarthy – Motivaction explains that a real team does not just happen and outlines how to compile your 2018 action plan.
The PAYE system as we know it is about to undergo the biggest change since its introduction. Employers and payroll operators should take action to be ready for 1 January 2019 real time reporting. We outline the steps required here.
BUDGET 2018 AT A GLANCE
Increase in Personal Tax bands and credits
Sugar Sweetened Drinks Tax (SSDT) to be introduced in April 2018
Stamp Duty on commercial property increased from 2% to 6%
Deduction for pre-letting expenses of up to €5,000 for landlords.
Company Electric Cars and Vans will not incur benefit-in-kind for 2018
New CGT property incentive
Remember to take advantage of tax-free vouchers for employees before the end. It’s also your last chance to claim any unclaimed allowances for 2013 or to use the €3,000 annual gift exemption from Capital Acquisitions Tax. Read more about these and other end of year tips.
We recently hosted a very informative business briefing with James Collins of Etelligence. James outlined the risks that exist in relation to cyber security and ways to guard against them. The costs to your business can be substantial with a loss of productivity in addition to the financial cost of repairs. Read this is brief bullet point synopsis of the presentation.