Inheriting and then selling a property creates two separate tax events in Ireland. Many people assume that paying inheritance tax on a property settles the tax position permanently. It does not. Capital Gains Tax applies separately to the gain made between the value of the property at the date of
Late payment of wages is a statutory breach in Ireland from the moment the payment misses the date in the employment contract, regardless of the reason. The Payment of Wages Act 1991 does not distinguish between an accidental one-day delay and a deliberate withholding. The legal exposure applies equally. Any
Most Irish businesses hire their first accountant to file the tax return and stay on the right side of Revenue. That is a sensible start. The problem is that the business grows and the accounting relationship does not grow with it. The owner is now running a team, managing VAT,
The accounts show a profit. The bank account shows a problem. This happens often enough in Irish SMEs that there is a standard name for it: the cash flow squeeze. Understanding why profit and cash move independently of each other is the first step toward making sure the profit actually
