Insights

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

Share Options: New PAYE Withholding Requirements from 1 January 2024 – How does this Impact Employees?

Share Options: New PAYE Withholding Requirements from 1 January 2024 – How does this Impact Employees?

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The shift of share options from the Irish self-assessment system to PAYE withholding from 1 January 2024 is a significant change arising from Finance (No. 2) Bill 2023. Prior to this, employees were required to report and remit taxes within…
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Preliminary Tax for Income Tax & Corporation Tax

Preliminary Tax Obligations for Income Tax & Corporation Tax

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Individuals who file income tax returns and companies who file corporation tax returns have an obligation to pay preliminary tax: 1. Individuals Preliminary tax is your estimate of the Income Tax, PRSI and USC that you expect to pay…
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Tax Debt Warehousing Scheme Updates Interest Reduced to 0%

Updates to the Tax Debt Warehousing Scheme

On 5 February 2024, the Minister for Finance, Michael McGrath, announced significant changes to the Tax Debt Warehousing Scheme. The Tax Debt Warehousing Scheme allowed businesses who experienced trading difficulties during the COVID-19…
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Infrastructure Guidelines – Outline of Changes to the Public Spending Code

Infrastructure Guidelines – Outline of Changes to the Public Spending Code

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From January 1st 2024, changes have been made to the Public Spending Code (PSC) concerning infrastructural and large-scale capital projects. The new “Infrastructure Guidelines”, which have replaced the PSC requirements for capital expenditure…
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Preparing for Mandatory Sustainability Reporting

Preparing for Mandatory Sustainability Reporting

In recent years, the European Union (EU) has been at the forefront of environmental regulation and policy actions aimed at mitigating climate change. In this regard, two of the most important policy changes that entities should be aware…
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Central Government Accounting Standards – What You Need to Know

Central Government Accounting Standards – What You Need to Know

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From January 1st, new Central Government Accounting Standards (CGAS) will see significant reform of financial reporting for all Government Departments and Offices of Government. These new standards, being based on the International Public…
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Crowleys DFK Charity Partnership with Aware

Reflecting on our 2023 Partnership with Aware

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As 2023 draws to a close, we reflect on the first year of our two-year partnership with Aware, marked by a significant fundraising total of €17,436. Throughout the year, we participated in various fundraising events organised by Aware…
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Work from Anywhere Policy

Crowleys DFK Introduce Work From Anywhere Policy

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In the ever-evolving landscape of the modern workplace, adaptability is key. We value the flexibility of our employees in effectively carrying out their job responsibilities, all the while providing the highest level of support to our…
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Share Options - PAYE Withholding Requirements

Share Options: New PAYE Withholding Requirements from 1 January 2024 – What does this mean for Employers?

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The shift of share options from the Irish self-assessment system to PAYE withholding from 1 January 2024 is a significant change arising from Finance (No. 2) Bill 2023. Prior to this, employees were required to report and remit taxes within…
Read more
Budget 2024 Highlights

Budget 2024 Analysis

Delivering a €14bn Budget package, Minister McGrath described Budget 2024 as a ‘’step change” in planning for the future. As we have navigated through unprecedented challenges - the pandemic, Brexit, the war in Ukraine, and rates…
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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),…
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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…
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