Blog26th Jun 2024
Gifts to your family or friends may be Potentially Exempt Transfers for Inheritance Tax purposes provided you survive for 7 years after the transfer, explains Jarlath Devlin. Inheritance Tax (IHT) is arguably the UK’s most unpopular tax. Over the years,…
View moreBlog26th Jun 2024
Assurance vs. audit – There is often a lot of confusion around these terms, but understanding the difference between them will help you get the most out of them, explains Dónal McGibbon. Demand for assurance & audit services has increased…
View moreBlog26th Jun 2024
Learning and Development practitioners were among the many whose profession was heavily impacted by the pandemic. Necessity meant training providers had their innovation skills tested and, with the assistance of technology, have been able to meet the challenge. While learning…
View moreBlog26th Jun 2024
The Residence Nil Rate Band exemption enables individuals to pass on their family home to direct descendants free of Inheritance Tax in certain circumstances. Jarlath Devlin explains what Residence Nil Rate Band is and how it works… As property prices…
View moreBlog26th Jun 2024
While still recovering from a whirlwind year, how can we best plan for the future in a way that motivates our employees to help propel our organisations through the economic recovery ahead? As the situation continues to change, an agile…
View moreBlog26th Jun 2024
The arrival of April brings with it new statutory increases that are crucial to get in place to ensure that payments to your employees and workers are accurate and compliant. The following rates are now applicable in Northern Ireland as…
View moreBlog26th Jun 2024
The NI public are once again awaiting Stormont’s next COVID announcement. This time it is regarding the next stages of the “Pathway out of Restrictions,” with the next announcement due on 15th April. Boris Johnson has made it abundantly clear…
View moreBlog26th Jun 2024
VAT for charities can be a complex subject due to the mixed activities that many charities undertake. This article answers some frequently asked VAT questions to help you get to grips with the basics. However, VAT for charities is a complex…
View moreBlog26th Jun 2024
While business owners sometimes question the value of an external audit, there can be strong business benefits to having your financial statements independently verified, explains Karen Coulter. Certain businesses are required by law to have an external or statutory audit.…
View moreBlog26th Jun 2024
“Northern Ireland’s employment law tribunal system is in “paralysis” with a caseload of 93,000 claims as the pandemic hits its processing of cases, it has been claimed. But employment solicitor Rosemary Connolly… said the end of the furlough scheme could…
View moreBlog26th Jun 2024
With the January blues behind us but still in the midst of lockdown, it is an appropriate time to reflect on the turbulence of 2020 whilst simultaneously focusing on ER/HR priorities for the year ahead. In 2020 we saw the…
View moreBlog26th Jun 2024
While the extension of the Coronavirus Job Retention Scheme (CJRS) has been a welcome reprieve for employers, the economic effects of the COVID-19 pandemic are likely to be long lasting for many businesses. With the CJRS due to come to…
View moreBlog26th Jun 2024
With school closures and self-isolation meaning that parents must now also adopt the role of teacher, those employers who ignore the need for additional employee support have a recipe for staffing shortages, unproductivity, and burnout on their hands. A survey…
View moreBlog26th Jun 2024
Following two landmark cases, AAB Debt Recovery Partner and Personal Insolvency Practitioner, Gary Digney, has focused his time and efforts into helping indebted farm families avoid having their farms forcibly sold by vulture funds. On Countrywide RTE Radio 1, Damien…
View moreBlog26th Jun 2024
On 16 December 2019 after its approval by the European Parliament, the Whistleblowing Directive came into force. The new legislation is seen as a vital legislative cog in attempting to prevent breaches of EU law such as fraud and corruption…
View moreBlog26th Jun 2024
In the evolving business landscape, many companies find themselves seizing expansion opportunities by increasing their level of borrowing. This strategic move may involve complex financial arrangements, such as personal loans from directors and securing loans from entities both within the…
View more