Archive for December, 2012
Pension Payments for Company Directors
Company Directors with 31 December company year ends you should be looking at 2011 draft figures for the year and taking whatever actions are necessary from a tax planning and financial management point of view. For example those wishing to make additional pension payments for the year must do so before 31 December. Pension payments cannot be accrued after year end. Remember stocks takes must be carried out on 31 December which is Monday this year.
For sole traders there may be a benefit to moving year ends away from 31 December year ends in order to give more flexibility for effective tax planning. This is something sole traders with 31 December year ends should explore.
For more information contact Pat Sutton, Managing Partner, O’KellySutton, Sutton@okellysutton.ie, 086 2523637
Patrick Sutton appointed a director of Sensational Kids Charity
Patrick Sutton partner in O’KellySutton Chartered Accountants, and Business Advisors has been appointed as a director to Kildare based Charity Sensational Kids. Pat an experienced financial business advisor
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Budget 2013 – Ten point plan could spur on small businesses
An article by Patrick Sutton, Partner of Okellysutton in the Sunday Business Post on the 9th December, 2012,
In his Budget, Minister Noonan announced a ten point tax reform plan to help small businesses. Of particular interest in the ten point plan are the following elements:
