barry accountants

Tax & Being Self Employed. Everything You Need To Know

ShareSelf-Employed – The Advantages Being self-employed means you are carrying on your own business rather than working for an employer. With this there are many advantages and disadvantages. From a financial view point the primary advantage of being self-employed is that you are given greater flexibility in the expenses you can claim for tax purposes. […]

During the Day Work To Pay The Bills. On Weekends Work Part Time On Your Fortune & Let The Government Help You!! Part Time Job Incentive Scheme.

SharePart Time Job Incentive Scheme This is another great incentive for the long term unemployed (for at least 15 months) who take up a part time job (less than 24 hours a week). It involves a weekly allowance of €119 per week (single) or €193.90 per week (increase for a qualified adult). This allowance is […]

Company Directors Wake Up Call

ShareCompany Directors, like all self employed people pay more tax than the employed. “Being self employed is 1 short step from unemployed. “

Reserve Your Seat at Cork & Athlone Seafarer Tax Open Day 2015

Share“Free and Open 1 Hour Presentation by Kevin Barry on the seafarer tax issues for persons working in the Offshore Marine or Sea Farer Industry to be aware of. The 8 items Every Irish Seafarer Must Know Records to always keep Resident Seafarer versus Non Resident Seafarer Mortgage Issues Married versus Single Considerations The […]

Had a chat lately with Aiden Rice of Clickynet

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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 […]

It’s not how much money you make, it’s how much money you keep

ShareI was reminded of my money worries lately, when I had to, during a vehicle emergency, call to Fast Fit Exhausts. My window wiper had to be changed and with the belting rain coming down outside, and 3 kids fighting in the car, putting it off to another day was not an option. They charged […]

Rich people buy assets, Poor people buy trophys

ShareIn business, I am often startled at the amount of people who don’t know the real difference between an asset and a liability. How you spend your money tells you a lot about people, especially rich people. An asset is something that makes you money or goes up in value. Examples would be: – • […]

Being Broke is Temporary, being Poor is Permanent

ShareI came across this Saying lately and in a few words it says a lot. Many business people or workers generally have set backs be it: – • Negative equity on their house • Losing their job • Losing their business  or suffering years of losses. However, the moral of the tale is if you […]

Cutting Bookkeepers Costs

ShareWe frequently come across many sets of accounts that are excellently prepared by well trained and knowledgeable bookkeepers.We call these the Division 1 bookkeepers: Division 1 Bookkeepers These are the bookkeepers that will keep an eye on the bills coming in to you, make sure nothing is doubly paid, make sure that the agreed prices […]

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