Insights

Keep up to date with insights, best practices, news publications and press releases from Crowleys DFK.

Budget 2024 Highlights

Budget 2024 Highlights

Minister for Finance, Michael McGrath delivered the final Budget today, 10 October 2023. Below we outline the highlights of Budget 2024. Personal Tax Income tax standard rate bands increase by €2,000 to €42,000 (single person),…
Ukraine Credit Guarantee Scheme

Ukraine Credit Guarantee Scheme provides low-cost loans to Irish businesses

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The Ukraine Credit Guarantee Scheme (UCGS) will provide €1.2 billion in more affordable funding to Irish businesses who have been impacted by the war in Ukraine. Eligible borrowers will be able to access funds ranging from €10,000…
Enhanced Reporting Requirements (ERR)

Enhanced Reporting Requirements (ERR) – What You Need To Do

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Signed into law in December 2022, the Finance Act 2022 has changed the requirements governing the reporting of expenses to Revenue. Under a new system referred to as Enhanced Reporting Requirements (ERR), companies are now required to report…
Leadership & Management

Crowleys DFK take part in Customised Leadership & Management Programme

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A bespoke Leadership & Management Programme was recently completed by 27 members of our management team (senior managers, managers, and assistant managers). The certified programme, which was delivered by UCD’s Professional Academy,…
Changes to Procurement Rules, Changes to Procurement thresholds

New Procurement Threshold to Significantly Increase Public Sector Accessibility to Goods and Services

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In March 2023, the Department of Public Expenditure and Reform issued updates to existing procurement guidelines This update, contained in Circular 05/2023, have made some significant changes to the thresholds for procurement and are intended…
Benefits in Kind: Small Benefit Exemption

Benefits in Kind: Small Benefit Exemption

Employers will be familiar with the Small Benefit Exemption (SBE) which is a Revenue concession in respect of non-cash benefits/vouchers provided to employees. Finance Bill 2022 announced the extension of the SBE to allow for up to two vouchers/benefits…
Charities SORP Compliance

Are you ready for mandatory Charities SORP compliance?

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As you may be aware, the Charities (Amendment) Bill 2022 is with the Oireachtas to be passed into legislation. Upon the passing of this bill, this will bring significant changes to the Charities’ Act 2009. The bill will make Charities SORP…
Public Sector Climate Action Mandate

Public Sector Climate Action Mandate 2023 – What you need to know

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In May of this year, the Government approved the updated 2023 Public Sector Climate Action Mandate (PSCAM). The Mandate, first introduced as part of the Climate Action Plan (CAP) 2021, sets out the goals Public Sector Bodies must achieve…
Non-Resident Landlord Withholding Tax

Non-Resident Landlord Withholding Tax (NLWT) System

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Non-resident landlords may have received a letter from Revenue advising of upcoming changes to the administration of withholding tax for non-resident landlords. Up to now, non-resident landlords had two options to report rental profits to…
tax treatment of unapproved share option schemes

Tax Treatment of Unapproved Share Option Schemes

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Employee share incentive schemes can be an effective way of offering tax savings to employees in addition to encouraging employee participation and loyalty. One type of share incentive scheme is an unapproved Share Option Scheme. We have…
New Solicitors Accounts Regulations 2023

New Solicitors Accounts Regulations 2023

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The Law Society has introduced new Solicitors Accounts Regulations 2023, which come into operation on 1 July 2023. These regulations will impact solicitors, reporting accountants and Law Society investigations. The existing Solicitors…

Crowleys DFK Recognised in Top 100 Companies Leading in Wellbeing Index 2023

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We are delighted to be recognised in the Top 100 Companies Leading in Wellbeing Index, for the third year in a row. This index, published by Business & Finance in partnership with Ibec, recognises top businesses of all sizes who lead…