Our aim is to help businesses grow, to increase their profitability, improve their cash flow and reduce their tax liabilities so that they have more disposable income. Please feel free to call us on 021 4310266 or email us at pm@parfreymurphy.ie if you wish to do business with us
ENTREPRENEURIAL BOOT CAMP
Gerard Moran of the Entrepreneurial Boot Camp has provided the following content.
His Entrepreneurial Boot Camp's sole purpose is to take a hard look at your business plan with a detailed review of your business and the likelihood of the success of the plan. It's also a chance to address the shortcomings and develop answers to tough questions before it is too late.
Entrepreneurial Qualities
Vision, creativity, persuasiveness, risk tolerance, motivation, flexibility, and decisiveness are the qualities that set you apart from the average person. Your business at all times will need to keep a careful eye on your persuasiveness and risk tolerance ability as here lies the potential for failure. The people around you can often be afraid to challenge you due to your energy levels and creativity. The environment should be such that it admires the creativity and helps it flourish while at the same not ignoring reality. Be prepared to have it challenged within a Boot Camp environment or in a one to one environment or within a small group where the moderator or group will offer possible differing views.
An individual only may claim relief from CGT in respect of a chargeable gain arising on the disposal of qualifying business assets.
There is a lifetime limit of €1 million on the gains made on or after 1 January 2016 that you can claim relief on. If you can claim this relief, you will pay CGT at the rate of 10% on gains from the disposal of business assets. This is reduced from the normal rate of 33%. Up to 31 December 2016, gains from such disposals are charged at 20%.
The qualifying business assets must have been owned by that individual for a continuous period of 3 years in the 5 years immediately prior to the disposal of the assets.
Payment due on gains arising between 1 January 2018 - 30 November 2018 inclusive
Deadline - 19 December 2018
VAT
Annual VAT 3 return and payment for the period December 2017 - November 2018, together with the Return of Trading Details where the accounting period ends in November
Monthly VAT 3 return and payment for the period November 2018, together with the Return of Trading Details where the accounting period ends in November
Deadline - 23 December 2018
RCT
Monthly return and payment for November 2018
Deadline - 23 December 2018
VIES
Monthly return for November 2018
Deadline - 1 - 21 December 2018
Corporation Tax
Preliminary Tax for accounting periods ending between 1-31 January 2019
First instalment of preliminary tax for "Large Companies" with a financial year ending between 1 - 30 June 2019
Returns for accounting periods ending between 1 - 31 March 2018
Pay balance of tax due on accounting periods ending between 1 - 31 March 2018
Returns of third party information for accounting periods ending between 1 - 31 March 2018
Where returns and payments for RCT, VAT, PAYE/PRSI and Corporation Tax are made electronically, the return and payment deadlines are the 23rd day of the month where relevant
