Latest News

24.05.2024

New SME Measures

New SME Measures The Government agreed a range of measures intended to reduce costs for small and medium sized enterprises (SMEs). Two of the key measures announced relate to the Increased Cost of Business (ICOB) Scheme. ICOB Scheme The registration portal for the ICOB Scheme has been reopened  until 29 May. This extension will allow […]

08.05.2024

Changes to R&D Credit Regime

Changes to R&D Credit Regime Several changes were made to the R&D credit regime in the recent Finance Act which apply in respect of accounting periods commencing on or after 1 January 2024, the main changes were:

08.05.2024

Right to Request Remote Working

Right to Request Remote Working Employees now have a statutory right to request new ways of working. The Workplace Relations Commission recently issued the Code of Practice for Employers and Employees on the Right to Request Flexible Working and the Right to Request Remote Working (the ‘Code’). The Code is in response to the enactment […]

08.05.2024

Increased Cost of Business (ICOB) Grant Scheme Opens

Increased Cost of Business (ICOB) Grant Scheme Opens The registration portal for the Increased Cost of Business (ICOB) Increased Cost of Business (ICOB) Grant Scheme Opens opened on 14 March.  Local authorities are administering the scheme and have begun to write to businesses directly to provide them with a Customer ID and PIN to access […]

08.05.2024

Deadline for Debt Warehousing Scheme – 1 May 2024

Deadline for Debt Warehousing Scheme – 1 May 2024 Taxpayers with warehoused tax debt have until 1 May 2024 to either pay back their deferred tax liabilities in full or agree a Phased Payment Arrangement (PPA) with Revenue to ensure they remain eligible for the 0% interest rate now applicable to warehoused debt.  A PPA […]

08.05.2024

LSMQ are Xero Awards Finalists

LSMQ are Xero Awards Finalists We are delighted to announce that we are Xero Awards Ireland 2024 finalists for Partner of the Year.  Xero has been a game changer in the online accounting software field to support businesses.  This award is a great achievement which was made possible by the commitment and hard work of […]

08.05.2024

New Rent Tax Credit

New Rent Tax Credit A new Rent Tax Credit was introduced in Budget 2023 and is available for the tax years 2022 to 2025 inclusive. The key details of the new credit are outlined below. How much is the credit? In what circumstances might the rent tax credit be available? When is the rent tax credit not available? […]

08.05.2024

Extension and enhancement of the Temporary Business Energy Support Scheme

Extension and enhancement of the Temporary Business Energy Support Scheme The Government has announced that the Temporary Business Energy Support Scheme (TBESS) will be extended past its current end date of 28 February to 31 May 2023 and the following enhancements to the scheme have also been announced: Some of the changes to the TBESS […]

08.05.2024

LSMQ are awarded XERO Gold Champion Partners

LSMQ are awarded XERO Gold Champion Partners We are delighted to announce that we have been awarded Xero Gold Champion Partner status for the first time.  We first partnered with Xero in 2019, and in 2021 we won the Xero emerging “Firm of the Year” award.  In 2022 we were a finalist for Xero “Partner […]