Terry Capital gains tax is a tax on the gains that arise on the disposal of an asset. This post will look at CGT on real property only (not shares). The charge to capital gains tax will arise when a number of conditions are fulfilled, namely,1. there must be a chargeable gain which2. accrues on the … Read more
Unfair dismissal in Ireland is governed by the Unfair Dismissals Acts 1977-2007 and two points/fundamental principles need to be made clear about this legislation at the outset- 1. an employer must have substantial grounds for dismissing an employee2. in doing so the employer must apply fair procedures to the process. The Unfair Dismissals Act covers … Read more
The longest journey begins with a single step. A good small business plan is critical to the success of any enterprise. Whether it is a formal document or written on the back of a cigarette packet it is an essential first step on the road to building your small business. Even though we in Ireland … Read more
Bankruptcy is a commercial reality facing many people in Ireland today. And the number of bankruptcies is increasing dramatically. Because going bankrupt has the wonderful advantages of simplicity and finality-your debts are wiped and set at 0 and you get to start again, once you have been discharged. What is bankruptcy? Bankruptcy is a process … Read more
Are you confused by the difference between a limited company and merely using a business name in your business. Hopefully this piece will clarify how and why you might register and use a business name. Elsewhere on the site you can read about the advantages and disadvantages of setting up a limited company. The registration … Read more