The tax free threshold of 0% corporate tax which applies to Irish Limited Companies that are incorporated and begin trading no later than 31/12/2009 will soon arrive. This deadline is further shortened by the CRO (company registration office) christmas opening times. They can only guarantee new company applications received by 14/12/2009 will be processed before 31/12/2009. To meet the criteria as incorporated and having begun trading during 2009 a tax registration application also has to be submitted. This can only be done after the company is incorporated. It is therefore vital that these applications are made now, preferably in November, to ensure you meet the above conditions.
Archive for the ‘Financial Managment’ Category
DEADLINE NEAR FOR TAX EXEMPT IRISH LIMITED COMPANIES
Thursday, November 12th, 2009Cash is King!
Tuesday, January 13th, 2009This was a regular phrase used my by former Financial Management tutor, John Congram, during my days at Thames Valley University, Berkshire, UK. 20 years on, it’s importance to business is still clear in my mind.
Never has this asset been more important to small business than it is now with restrictions on bank lending, increasing pressure from trade creditors, declining markets & delayed payment form debtors. (more…)
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