Entries by Lalor O'Shea McQuillan

Xero Emerging Firm of the Year 2020 Finalist

Xero Emerging Firm of the Year 2020 Finalist We are delighted to announce that we have been nominated as one of three finalists in the Xero Awards – Emerging Firm of the Year 2020. We are very much looking forward to the awards which will be held in March 2021. We were the first firm […]

Xero Testimonials

Xero Testimonials Here are quotes from some of our clients on how Xero is supporting their businesses. Portlaoise Gas & Oil Limited The saying often goes “time is money”. Prior to using Xero, I operated manual books and records. I would sit with my employees on a Friday and spend the morning preparing invoices for […]

VAT Rate Change from 13.5% to 9%

VAT Rate Change from 13.5% to 9% On Tuesday 13 October 2020 as part of Budget 2021 the Government announced additional measures to support businesses that have been worst hit by restrictions imposed during the pandemic. One of those measures was the change in the reduced rate of VAT. From 1 November 2020, the VAT rate for […]

COVID Restrictions Support Scheme (CRSS) Overview and Examples

COVID Restrictions Support Scheme (CRSS) Overview and Examples COVID Restrictions Support Scheme (“CRSS”) is an additional government support for businesses subject to significant Covid-19 restrictions. Set out below is information on how the scheme is intended to operate as well as some worked examples of the scheme provided by Revenue. It is proposed that CRSS […]

Platinum Xero Partners

Platinum Xero Partners We are pleased to announce that Lalor O’Shea McQuillan are now recognised as Platinum Xero Partners. This is the highest level of partnership available with Xero, the leaders in Cloud Accounting technology.   We obtained platinum status due to the high percentage of clients who have migrated to Xero and because a large […]

Budget Highlights 2021

Budget Highlights 2021 INCOME TAX An increase in the Earned Income Credit from €1,500 to €1,650 An increase in the Dependent Relative Credit from €70 to €245 Extension of the Sea-going Naval Personnel Tax Credit to 31 December 2021 and to increase it to €1,500 for 2021 (from €1,270 in 2020).  €203 increase to the […]

Covid-19 Revenue Update

REVENUE MEASURES INTRODUCED TO RELIEVE THE IMPACT OF COVID-19 The Irish Revenue have announced some measures which are designed to help support small and medium size businesses (SME’s) experiencing cash flow and trading difficulties as a result of the Covid-19 epidemic. 

500km for Relay for Life

Thank You So Much For Your Support and Generosity! We’ve made a short video for you! On Friday 6th September, the Partners, Tax Team, Account Managers and Support Team from our Carlow and Dublin office walked and ran a combined 500km to raise funds for Carlow Relay for Life and the Irish Cancer Society. Two […]

Disclosure of Beneficial Ownership of Irish Companies

Filing Deadline for RBO is Friday 22nd November 2019 The Register of Beneficial Owners (RBO) deadline is Friday 22nd November 2019. The RBO has confirmed that there will be no extension to the deadline. The RBO has the power to impose sanctions although they have not indicated when these sanctions may start. Do you want […]