Managing the payroll in-house often requires an individual, or a team, with a thorough knowledge of workings of the PAYE tax system. If your business doesn't have these skills in-house, you can organise your payroll by outsourcing it - typically to an accountancy firm...
It is estimated that the average worker upon investigation, is likely to be owed €880 in overpaid tax. Often, one of the main areas, where people forget to claim back tax, is in their medical expenses.
Provide your employees with a tax-free bonus, of up to €500 in the form of a PREPAID MASTER CARD this Christmas.
Cash flow forecasting puts you back in control of your business. Making sure the figures work, making sure all of your outgoings are factored in, ensures that there’s sufficient cash available for you to grow. Many companies even adopt the policy of putting in place a 3 month prudent reserve, to create cash stability as your business expands.