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September 2019 E-Newsletter
In this issue:
PM Website Update


UK Companies and Brexit

Irish Tax Residency
How To Form A Company In Ireland


Tax Deadline Video

Tax Deadlines And Reminders
PM WEBSITE UPDATE

We have relaunched our website and hope you continue to find it useful: https://parfreymurphy.ie/

If you have any observations or suggested improvements we would be delighted to receive them so just send an email   [email protected]
 
The free resources we provide are more readily accessible.
 
And our Business Bitesize Breakthroughs are worth digesting over a cup of coffee.
 
Hope you enjoy the content.
Seamus Parfrey
UK COMPANIES AND BREXIT
By Seamus Parfrey

I was recently invited by Steve Mills, a leading marketing adviser in the UK, to appear on his podcast on UK companies setting up a business in Ireland due to Brexit uncertainties.

Click below to take a listen.
IRISH TAX RESIDENCY
By Noel Murphy

An Irish tax resident company is liable to Irish corporation tax on trading profits at 12.5%. Therefore, it follows, that if you wish the company’s trading profits to be liable to Irish corporation tax at the 12.5% corporation tax rate then you must ensure the company is always considered an Irish tax resident company
HOW TO REGISTER A COMPANY IN IRELAND
By Seamus Parfrey

Before you register a company in Ireland you need to understand the implications.
TAX DEADLINE VIDEO
By Seamus Parfrey

This is the first video we have issued in our newsletter. It is on tax deadlines which of course is very pertinent just now.  

It's less than 1 minute long so take a quick look. 

Please don’t worry as I’ll be holding onto my day job!
TAX DEADLINES AND REMINDER

Deadline - 14 September2019 
PAYE/PRSI
  • Monthly return and payment for August 2019


Deadline - 14 September 2019
PSWT
  • Return and payment for August 2019

Deadline - 14 September 2019
DWT
  • Return and payment for August 2019


Deadline - 19 September 2019
VAT
  • Annual VAT 3 return and payment for the period September - August 2019, together with the Return of Trading Details where the accounting period ends in August 
  • Monthly VAT 3 return and payment for August 2019, together with the Return of Trading Details where the accounting period ends in August


Deadline - 23 September 2019
RCT 
  • Return and payment for August 2019 


Deadline - 23 September 2019
VIES 
  • Monthly return for August 2019  


Deadline - 1 January 2019
LPT
  • Commencement of phased payments. 

Deadline - 10 January 2019 
LPT

  • Deadline for paying in full, in one single payment or confirming that payment will be made in full by Single Debit Authority
 
Deadline - 1 - 21 September 2019
Corporation Tax
  • Preliminary Tax for accounting periods ending between 1-30 October 2019 
  • First instalment of preliminary tax for "Large Companies" with a financial year ending between 1 - 31 March 2020
  • Returns for accounting periods ending between 1 - 31 December 2018
  • Pay balance of tax due on accounting periods ending between 1 - 31 December 2018
  • Returns of third party information for accounting periods ending between 1 - 31 December 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
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 on [email protected] if you wish to do business with us