accountant galway

Employ Your Children

ShareIt is my experience, and that of my fellow accountant colleagues, that where a family run a business that everybody is involved. The parents and the children. Through innocence, many if not most business owners pay their kids for working out of their own taxed drawings. This is completely unnecessary and not good for the […]

Better the Discipline, Better Your Business

ShareIt is always believed that time management and discipline are the keys to running a successful business. But I say that making effective use of a diary grabs the lion’s share in the success of a business. Diary usage for professional growth: In several years of work experience, I have always made sure that my […]

Liquidation: To Be or Not To Be

ShareIf it is a case that you have been told that your company is no longer solvent, then this obviously means that you are “insolvent”. (Wow, that is deep!) The definition of insolvency is not being able to pay your debts as they fall due. In other words, you can’t pay the bills. The following […]

Bank Deals

Share  Many business owners are dealing with substantial drops in the money coming in and out. They are looking for ways to match their incoming and outgoing cash. Certainly, restructuring loans, direct debits and debt is a challenge. Bank deals may have to happen. The following are the key items to bear in mind when approaching […]

Death is Certain,Taxes are not!

Share3 step explanation of Income taxes in Ireland in 3 Minutes. It’s easy to understand the basics when it’s explained in plain English.     [contact-form subject=’Death is Certain: Taxes are Not!’][contact-field label=’Name’ type=’name’ required=’1’/][contact-field label=’Email’ type=’email’ required=’1’/][contact-field label=’Comment’ type=’textarea’ required=’1’/][/contact-form]  

Idiots Guide to Keeping Great Accounts

Share Turn your banker into your book keeper and know exactly how your business is doing while cutting thousands in accountancy costs. This will give you the basis of producing great accounts. Kevin Barry [contact-form subject=’Idiots Guide to Keeping Great Accounts’][contact-field label=’Name’ type=’name’ required=’1’/][contact-field label=’Email’ type=’email’ required=’1’/][contact-field label=’Comment’ type=’textarea’ required=’1’/][/contact-form]

Self Employed is one step from Unemployed

Share All self employed persons can’t hide behind the excuse of being too busy to keep records. This 3 minute video gives you the solution to keeping records easily, and in a way that cuts your taxes and allows you drive on and make profits so that you can survive in the cut throat self […]

Do you have Tax troubles? Want to sort it?

ShareAs one friend and client said to his long standing wife in my presence “we are always in trouble with someone, if it’s not the tax man it’s the insurance people or the bank or employees or the kids or the accountants or ……” The man saying this was an extremely successful business man who […]

Are you a Start Up Business or a Train Wreck?

ShareIs your business, really a business or really, just a job (Just Over Broke)? Even worse, is it a Train Wreck? (Staff problems, Customer Problems, Creditor Problems) The taxman says, that if a business trades year in, year out and never makes a profit, then it’s not a business at all. From a tax law […]

Over pay Your Income Tax? It’s easy!

ShareMany business people seem to be determined to over pay their income tax. This is what it seems like anyway. They don’t keep track of where the money comes from. They don’t keep track of where their spending is going. They don’t fill in cheque stubs explaining what the money was paid out for. They don’t […]

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