Ormsby & Rhodes – Chartered Accountants Dublin http://ormsby-rhodes.ie Ormsby & Rhodes was established in Dublin 1911, the firm currently comprises of six partners and approximately fifty staff and is consistently ranked in the top 15 firms in Ireland. Fri, 18 May 2018 11:16:47 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.6 BUDGET 2018 – BUILDING THE REPUBLIC OF OPPORTUNITY http://ormsby-rhodes.ie/news/budget-2018-building-republic-opportunity/ Mon, 30 Oct 2017 16:31:42 +0000 http://ormsby-rhodes.ie/?p=941 BUDGET 2018 – BUILDING THE REPUBLIC OF OPPORTUNITY         The Minister has tried to appease all by giving a small amount to all by means of some tax cuts/benefits and some welfare increases. TAXATION In Taxation the benefits are spread over Income Tax (“IT”), Capital Gains Tax (“CGT”), Capital Acquisitions Tax (“CAT”) […]

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BUDGET 2018 – BUILDING THE REPUBLIC OF OPPORTUNITY

 

 

 

 

The Minister has tried to appease all by giving a small amount to all by means of some tax cuts/benefits and some welfare increases.

TAXATION

In Taxation the benefits are spread over Income Tax (“IT”), Capital Gains Tax (“CGT”), Capital Acquisitions Tax (“CAT”) and Value Added Tax (“VAT”).

Income Tax

  • 20% rate band is increased by €750, which is a tax saving of €150 per annum.
  • Self-employed persons credit increased from €950 to €1,150, but this is still some way below the Employee credit of €1,650.
  • Home carer credit increased from €1,100 to €1,200, but that can still leave a married couple with dependent children and only one spouse working worse off by up to €3,910 per annum.
  • Owner occupiers with mortgages taken out before 2012 will continue to get 75% mortgage interest relief for 2018, 50% for 2019 and 25% for 2020 subject to the maximum interest limits. No mortgage interest relief will apply after 2020.
  • Up to €5,000 of pre letting expenses will be allowed where a property is let having been vacant for at least 12 months. The expenditure must be incurred before 2021 and will be withdrawn if having been granted the property is withdrawn from letting within 4 years
  • For employees three new benefits arise:
    • a 0% BIK on electric cars provided by the employer;
    • a 0% BIK on workplace electricity provided for the car;
    • a new share scheme for SMEs whereby the gain on the shares will be liable to CGT and not IT/PRSI/USC as at present. It will be fleshed out in the forthcoming Finance Bill and will operate from 01/01/2018 to 31/12/2023.

Universal Social Charge

Changes were well flagged in this area but are really minimal.

  • The 2.5% rate is reduced to 2% and the band of income on which it is chargeable is increased by €600 to €19,372.
  • The 5% rate band is reduced to 4.75%. This has the effect of reducing the marginal rate of tax on incomes up to €70,044 from 49% to 48.75%

Unfortunately the penal additional USC rate of 3% on self-employed income over €100,000 continues. This is a penalty that does not apply to Employees, Civil Servants, Politicians etc.

Capital Gains Tax

Only one change but possibly significant:

  • The seven year holding period for exemption from CGT on property is reduced to a four year holding period so property that was going to be held for 7 years can, once this change is introduced, be brought to market earlier.

The property included is any relevant property purchased from 7/12/2011 to 31/12/2014.

Disappointingly, there was no change to the rate of 33% and no increase in the Entrepreneur’s Relief, which currently retains a rate of 10% on the first €1,000,000 of qualifying gain.

Capital Acquisitions Tax

For CAT Agricultural Relief (and CGT Retirement Relief) agricultural land under solar infrastructure will qualify as farm land, provided no more that 50% of the farm is under solar infrastructure. This will enable the land to be reduced in value by 90% for CAT purposes.

Again, disappointment at no change to the CAT rate of 33%, no increase in the lifetime threshold exemptions and no wiping of the slate clean for prior gifts/inheritances, which was last done in December 1991.

Michael Noonan, when Minister, had indicated the parent/child threshold would increase from its current level of €310,000 to €500,000. Let us hope it appears in the Finance Bill!!

Value Added Tax

Charities are to be allowed a rebate of a proportion of VAT incurred by them which will be calculated by reference to the level of non-public funds they receive.

  • The relief will be available in 2019 for costs incurred in 2018.

Despite some clamour to increase the rate of VAT on Tourism activities the Minister has kept the rate at 9%.

Corporation Tax

The accelerated capital allowances on energy efficient equipment due to expire in 2017 is to be extended to the end of 2020.

In relation to the capital allowances on intangible assets the ceiling in any one year will be limited to 80% of the relevant income of that year in respect of expenditure incurred from midnight.

TAX HIKES


Surprisingly few hikes but one big surprise….

  •  Stamp Duty on non-residential property is raised from 2% to 6% with effect from midnight of 09 October 2017.

Where commercial land is acquired for housing then provided that development commences within 30 months there will be a Stamp Duty refund scheme, which presumably will be to repay the additional 4% paid. The forthcoming Finance Bill will explain how this will work.

  • Cigarettes up by 50c for 20
  • A Sugar Tax of:- 20c per litre of drinks with between 5gms and 8gms of sugar per 100ml, and 30c where the drinks contain 8gms or more.

  • The VAT rate on sunbeds will increase form 13.5% to 23% from 1/1/2018

The vacant levy site will be payable in 2019 for land on the register but not developed in 2018 at 3% but thereafter at 7% per annum.

BENEFITS PACKAGE

  • With effect from the last week of March 2018:
    • All weekly welfare payments are to be increased by €5 per week
    • The State Pension is to be increased by €5 per week
  • The Christmas Bonus will be paid this year at a level of 85% of benefit

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Graduates 2018 http://ormsby-rhodes.ie/news/graduates-2018/ Mon, 17 Jul 2017 14:23:06 +0000 http://ormsby-rhodes.ie/?p=926 Ormsby & Rhodes is currently recruiting graduates for its audit department to commence training contracts in September / October 2018.  Our audit department deals with a variety of clients covering a wide range of sectors.  During their training period trainees will also gain experience in other areas of our work such as taxation, payroll, insolvency […]

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Ormsby & Rhodes is currently recruiting graduates for its audit department to commence training contracts in September / October 2018.  Our audit department deals with a variety of clients covering a wide range of sectors.  During their training period trainees will also gain experience in other areas of our work such as taxation, payroll, insolvency and company secretarial.  We are looking for graduates who are ambitious and ready for a hands-on experience.  They must show initiative and have a willingness to learn. Please submit your C.V. to:

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Ormsby and Rhodes’ feature in the Sunday Business Post http://ormsby-rhodes.ie/news/ormsby-rhodes-feature-sunday-business-post/ Mon, 17 Jul 2017 14:18:59 +0000 http://ormsby-rhodes.ie/?p=921 Ormsby and Rhodes’ feature in the Sunday Business Post As one of Ireland’s longest established accounting firms, Ormsby & Rhodes in the heart of Dublin city has seen the not-for-profit (NFP) sector evolve to what it is today. It has advised clients in the sector, promoting astute corporate governance at all times. And as the […]

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Ormsby and Rhodes’ feature in the Sunday Business Post

As one of Ireland’s longest established accounting firms, Ormsby & Rhodes in the heart of Dublin city has seen the not-for-profit (NFP) sector evolve to what it is today. It has advised clients in the sector, promoting astute corporate governance at all times. And as the sector suffered body-blows due to discrepancies with some charities in recent years, Ormsby & Rhodes underlined to its NFP clients the importance of internal audits, risk management and good governance.

“Failure to deploy strong corporate governance in an NFP or charity can be symptomatic of further weaknesses in internal controls, systems and governance procedures which ultimately may result in weak governance situations like those high-profile ones exposed in recent times,” said Aidan McCarthy, partner with Ormsby & Rhodes. “Depending on the size and financial resource of the NFP or charity, the annual statutory audit may be one of the main risk-management tools used to identify these weaknesses and suggest recommendations to deal with these risks. Where resources allow, we would be in favour of having an internal audit function that should be used to provide assurance on the effectiveness of an organisation’s risk management, internal controls and governance processes.”

But he said an internal audit must see every stone lifted and every lead followed. “Key to having an effective internal audit function is an ‘access-to-all-areas’ approach, asking the tough questions and challenging systems, controls and procedures within an organisation based on best practice. The internal audit function must remain independent and impartial from the management team. This ensures that their opinions and conclusions are objectively formed and communicated clearly.” And McCarthy believes that NFP culture is changing at a rapid pace in Ireland. “This is due to more structured oversight through the introduction of a Charities Regulatory Authority (CRA), changes imposed as a result of high-profile failures in the NFP sector, implementation of new accounting standards, NFP’s adopting Statements of Recommended Practice to improve their overall transparency and funding bodies requiring minimum standards to be attained by NFPs.” But he had a warning for those NFPs or charities which are still dragging their heels, “Putting off vital accounting, payroll and corporate governance reviews could result in too little, too late. Deferring these reviews could indicate risks already within.” It does, of course, take time and resources to ensure full compliance from NFPs and charities. As a result, there may be a danger that core functions of the entity are temporarily compromised. With that in mind, many groups in the sector have outsourced their payroll activities to offload a time-consuming task. Ormsby & Rhodes offers a professional outsourcing payroll service and Aidan McCarthy explains that the benefit to the NFP and charities which use it are many. He said: “(It guarantees) confidentiality within the organisation, improves time efficiency, makes up for a lack of in-house expertise, uses up-to-date technology to deal with complexity of the payroll, avoids errors and late payments/non-compliance and ensures data integrity and security. Also, it guarantees compliance with all aspects of employee tax returns and filings, ensuring pension and retirement benefits are taxed appropriately.” The NFP sector has made massive strides in a few short years with a renewed vigour to bring consistency and reliability to every aspect of the business. And McCarthy believes the more NFPs can do to improve transparency and accountability, the stronger the sector will continue to become. “There’s a large number of moves that can be taken, such as having a board of directors/ trustees that are fully committed, properly appointed, properly trained and balanced to having effective financial controls, budgets and planning tools, clear lines of communication and regular reporting. “The ability of a NFP to achieve full transparency and accountability will be a function of the strength of the board of directors and trustees, governance, volunteer support and the financial resources of the NFP.”

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Charities – The Story So Far http://ormsby-rhodes.ie/news/charities-story-far/ Mon, 17 Jul 2017 09:44:06 +0000 http://ormsby-rhodes.ie/?p=918 The charities Bill became Law in 2009. Apart from some minor sections of the Act that became operative some time ago under Ministerial Order, nothing significant was activated until this year when the Minister for Justice established the Charities Regulatory Authority. It is hoped that the existence and operations of the Authority will successfully regulate […]

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The charities Bill became Law in 2009. Apart from some minor sections of the Act that became operative some time ago under Ministerial Order, nothing significant was activated until this year when the Minister for Justice established the Charities Regulatory Authority. It is hoped that the existence and operations of the Authority will successfully regulate the charity sector and enhance its reputation.

The Authority has now established a Statutory Register of Charities which is accessible on its website. At present it includes all Charities that have a CHY Number which would have been allocated to them in the past by the Revenue Commissioners. In due course these charities will be required to file further information online with the Authority.

Other organisations which are defined under the act as Charities but which do not have a CHY Number must now apply to be registered within six months from the date on which the Register was set up. Apart from schools and colleges, which have not yet been requested to register, all organisations carrying on charitable work should apply to be registered.

In due course all Registered Charities will be allocated an Annual Return Date which will be ten months after their financial year end. In general, on or before this date, they will be required to file their Financial Statements and a Report with the Charities Regulator. All charitable entities with income greater than €100,000 will require to be audited. The accounts that they file will have to be accompanied by an Auditors’ Report.

As time goes by we can expect that more provisions of the Charities Act will be commenced by Ministerial Order.

The new accounting regime, Financial Reporting Standard 102 [FRS 102], will soon come into operation for Charities and it is likely that the New Charities SORP, Accounting and Reporting by Charities: Statement of Recommended Practice (FRS 102), effective 1 January 2015, will apply to preparation of the accounts of Charitable Entities. Recently many Irish Charities have voluntarily adopted the now current SORP, Charities SORP 2005, to increase transparency and comply with highest standards of financial Reporting and governance.

Disclaimer: 

This document is prepared to provide information in regard to the subject matter covered. As each case may be different no action should be taken based on this information without prior consultation with the firm. The Firm disclaims all liability for any reliance placed solely on this document.

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COMPANIES ACT 2014 – Summary Approval Procedures http://ormsby-rhodes.ie/news/companies-act-2014-summary-approval-procedures/ Mon, 17 Jul 2017 09:40:48 +0000 http://ormsby-rhodes.ie/?p=915 COMPANIES ACT 2014 Summary Approval Procedures One of the changes under the Companies Act 2014 is the introduction of Summary Approval Procedures which will make it easier for LTD, DAC and Companies Limited by Guarantee to enter into certain transactions which in the past were either prohibited or needed Court approval. The new procedures set […]

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COMPANIES ACT 2014

Summary Approval Procedures

One of the changes under the Companies Act 2014 is the introduction of Summary Approval Procedures which will make it easier for LTD, DAC and Companies Limited by Guarantee to enter into certain transactions which in the past were either prohibited or needed Court approval.

The new procedures set out in the legislation validate certain restricted activities as follows:

  • Financial assistance for the acquisition of shares
  • Reduction in company capital
  • Variation of company capital on reorganisations
  • Prohibition on pre-acquisition profits or losses being treated in holding company’s financial statements as profits available for distribution
  • Prohibition of loans, etc., to directors and connected persons
  • Mergers may not be put into effect save in accordance with the relevant provisions of the Companies Act 2014
  • Procedures for and commencement of members voluntary winding up

There are strict rules and regulations laid down in the Act in order to avail of the new procedures.

Please feel free to contact us if you would like more information about the Companies Act 2014.

Contacts:

Noel Brady

Tel: 01 +353 1 7998300

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Ciara O’Luanaigh

Tel: 01 +353 1 7998300

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Companies Act 2014 – Compliance statement & audit exemption http://ormsby-rhodes.ie/news/companies-act-2014-compliance-statement-audit-exemption/ Mon, 17 Jul 2017 09:39:41 +0000 http://ormsby-rhodes.ie/?p=912 Directors Compliance Statements and Audit Exemption for small groups Directors Compliance Statements The directors of companies with balance sheet totals in excess of €12.5m and turnover in excess of €25m must draw up a compliance statement as part of the directors report in relation to compliance with certain company and tax law provisions.  Larger companies […]

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Directors Compliance Statements and Audit Exemption for small groups

Directors Compliance Statements

The directors of companies with balance sheet totals in excess of €12.5m and turnover in excess of €25m must draw up a compliance statement as part of the directors report in relation to compliance with certain company and tax law provisions.  Larger companies with balance sheet totals in excess of €25m and turnover in excess of €50m will have to have Audit Committees.

Audit Exemption for small groups

The audit exemption will be extended to small group companies provided there is no objection from its members. A group qualifies as a small group if the qualifying conditions are satisfied in respect of that year and the preceding financial year. The qualifying conditions for a small group are satisfied if it fulfils two or more of the following requirements:

  • Balance Sheet total of the holding company and the other members of the group taken as a whole does not exceed €4.4m
  • The amount of Turnover of the holding company and the other members of the group taken as a whole does not exceed €8.8m
  • The average number of employees in the holding company and the other members of the group taken as a whole does not exceed 50

Please feel free to contact us if you would like more information about the Companies Act 2014.

Contacts:

       Noel Brady

Tel: 01 +353 1 7998300

Email:

       Ciara O’Luanaigh

       Tel: 01 +353 1 7998300

Email:

 

 

 

 

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Companies Act 2014 http://ormsby-rhodes.ie/news/companies-act-2014/ Mon, 17 Jul 2017 09:23:14 +0000 http://ormsby-rhodes.ie/?p=909 Codification of Directors Duties and Responsibilities The Act codifies Directors Duties and Responsibilities for the first time which are essentially based on old common law rules. The following duties are set out in Section 228 as follows: Directors must act in good faith in the interests of the company Directors must act honestly and responsibly […]

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Codification of Directors Duties and Responsibilities

The Act codifies Directors Duties and Responsibilities for the first time which are essentially based on old common law rules.

The following duties are set out in Section 228 as follows:

  • Directors must act in good faith in the interests of the company
  • Directors must act honestly and responsibly in relation to the conduct of the affairs of the company
  • Directors must act in accordance with the company’s constitution and exercise those powers only for the purposes allowed by law
  • Directors must not use the company’s property, information or opportunities for his or her own or anyone else’s benefit unless expressly permitted by the company’s constitution or approved by a resolution of the company in general meeting
  • Directors must not agree to fetter director’s powers to exercise an independent judgement unless it is expressly permitted by the company’s constitution or approved by a resolution of the company in general meeting
  • Directors must avoid any conflicts of interest
  • Directors must exercise care, skill and diligence
  • Directors must have regard to the interests of the company’s employees and also to the interests of the company’s members

Please feel free to contact us if you would like more information about the Companies Act 2014.

       Contacts:

       Noel Brady

Tel: 01 +353 1 7998300

Email:

       Ciara O’Luanaigh

       Tel: 01 +353 1 7998300

Email:

 

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FRS 102 http://ormsby-rhodes.ie/news/frs-102/ Mon, 17 Jul 2017 09:21:57 +0000 http://ormsby-rhodes.ie/?p=907 The new Financial Reporting Standard applicable in the Republic of Ireland and the UK from 1 January 2015 The Financial Reporting Council (FRC) in the UK published a new accounting standard in March 2013 (amended August 2014) known as FRS 102. This accounting standard will replace a raft of previous standards known as Generally Accepted […]

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The new Financial Reporting Standard applicable in the Republic of Ireland and the UK from 1 January 2015

The Financial Reporting Council (FRC) in the UK published a new accounting standard in March 2013 (amended August 2014) known as FRS 102. This accounting standard will replace a raft of previous standards known as Generally Accepted Accounting Principles (GAAP) for many companies and entities for accounting periods commencing on or after 1 January 2015.

Some small companies will be able to avoid for the moment applying FRS 102 and if eligible may opt to use FRSSE – The Financial Reporting Standards for Smaller Entities – which is similar to Irish and UK GAAP. Public companies quoted on the stock exchange will continue to apply International Financial Reporting Standards.

In the first year in which a company makes the transition to FRS 102 it will prepare its current year’s accounts under FRS 102. It will also be required to restate its comparative figures to comply with FRS 102, producing reconciliations of profit or loss and equity which tie in its previously disclosed figures prepared under GAAP with the figures in its restated accounts prepared under FRS 102.

FRS 102 has much in common with Irish and UK GAAP but it also has many new features. There is a need to disclose in the accounts key management judgments and estimation uncertainties. A statement of Cash Flows is always required and there is a new statement called a Statement of Changes in Equity which must be included in the accounts. A statement of comprehensive income may also be required. Some items, such as long term debtors and creditors for settlement in cash and some directors’ loans and inter-company loans may require to be discounted. The valuation bases for fixed assets and investment properties have changed slightly, and deferred tax is now applied to revaluations of all fixed assets and investment properties. There are also some changes as related to foreign currency conversion, accounting for groups and amortisation of goodwill.

For many companies the transition and compliance with the new accounting rules will not present much difficulty. Our professional teams are here to help clients to make the transition smoothly.

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Modern Business Way: Outsourcing Your Payroll http://ormsby-rhodes.ie/news/modern-business-way-outsourcing-payroll/ Mon, 17 Jul 2017 09:20:14 +0000 http://ormsby-rhodes.ie/?p=904 Companies in Ireland look to save time and money and effectively manage their flow of operations that ensure them proper business continuity. One of the key practices undertaken by modern businesses is outsourcing their payroll to expert accountancy firms. Payroll outsourcing is commonly described as the practice of contracting third-party accountancy firms to handle all […]

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Payroll OutsourcingCompanies in Ireland look to save time and money and effectively manage their flow of operations that ensure them proper business continuity. One of the key practices undertaken by modern businesses is outsourcing their payroll to expert accountancy firms.

Payroll outsourcing is commonly described as the practice of contracting third-party accountancy firms to handle all functions linked to a company’s payroll.  So what exactly are the main payroll services? Payroll services are comprised of several tasks that range from the calculation of salaries and wages, withholding of taxes, the distribution of withheld funds to the appropriate government agencies, as well as direct deposit of net pay into the bank accounts of the employees. This all translates as a major benefit for companies who decide to outsource their payroll: the advantage of managing the payroll process without having to run a massive payroll department.

Choosing to go with a payroll outsourcing option can bring several benefits to companies who do not have the resources to undertake this internally. The most important benefit is the possibility of saving time and money on the handling of payroll financial tasks. Several companies state it is considerably less expensive to use a payroll service than doing the work internally or hiring a bookkeeper especially for this.  Once a company decides to use a payroll service, it is common that the only work that has to be done internally is to appoint one or two individuals to supply basic data to the payroll service who will then handle the rest of the elements. What does this mean? Spending less time calculating wages, taxes and handling various financial issues.

Another important benefit of outsourcing your payroll is that your information is correctly processed by eliminating old tax tables and in exchange integrating software that automates the processing of data and tax calculation. As an employer, this means no more stress having to keep up with changes in the regulations that affect the tax calculations. The company you outsource your payroll to will take care of constantly being up-to-date and complying with recent laws.  On the long term, this may save a company a lot of money.

Yet another advantage of contracting a company to run the payroll on your behalf is that employees get paid on time and hassle-free. They can also choose which format they prefer (checks or direct deposit), however it is more common that employees get paid by direct deposit in our modern way of running an operation.

The ease of access provided by modern payroll-processing software is also a great benefit since everything related to timesheets, changing personal details, payslips etc. is recorded within the software and processed by the outsourced team.

In summary, outsourcing your payroll can bring great benefits that will ultimately translate into your business saving time and money. Things are simplified in this modern and convenient business way of processing your payroll.

Our experienced payroll team provides a comprehensive and efficient service to an extensive range of clients varying in size from sole trader to multinationals. We provide a flexible payroll service to suit each client. Do you have a question regarding our payroll services? Get in touch with us today! 

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5 Things You Should Know About iXBRL http://ormsby-rhodes.ie/news/5-things-know-ixbrl/ Mon, 17 Jul 2017 09:19:31 +0000 http://ormsby-rhodes.ie/?p=902 There is a growing need to find the appropriate instruments for flawless and quality financial reporting which can improve transparency among financial data users and easier decision-making processes within the financial departments. Managers, investors, analysts and financial institutions make decisions based on the financial statements making the reliability and accuracy of these financial statements a […]

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ixbrlThere is a growing need to find the appropriate instruments for flawless and quality financial reporting which can improve transparency among financial data users and easier decision-making processes within the financial departments. Managers, investors, analysts and financial institutions make decisions based on the financial statements making the reliability and accuracy of these financial statements a crucial element for organisations. Using iXBRL, the accuracy of the financial reports facilitates a company’s overall financial organisational processes.

  1. What is XBRL/iXBRL?

XBRL is an electronic communication language for business and financial data. Through XBRL companies can prepare, analyse and communicate business or financial information. XBRL stands for eXtensible Business Reporting Language and it is part of the “XML” (Extensible Markup Language) languages. iXBRL is a recent version of XBRL allowing financial information to be presented in a normal document format with XBRL tags embedded in the soft copy of the document.

  1. What are the benefits of iXBRL?

iXBRL provides numerous benefits to businesses.  One major advantage is represented by the streamlined process of distributing the data across different departments and business units within an organisation. Another benefit is the ease of using and exchanging information on finance applications. Businesses also have the possibility to have a better interaction with banks in the case of a loan application and request of financial information.

  1. Is the submission of iXBRL financial statements mandatory?

Yes, the submission of iXBRL financial statements is obligatory by Revenue since October 2013 for companies in the Revenue Large Cases Division and since October 2014 for other Companies who do not meet all of the current exemption criteria (€8.8m turnover, €4.4m balance sheet, 50 employees).

Starting 1st October 2015 it is anticipated that all companies will be obliged to submit iXBRL financial statements although Revenue still have to issue details in this regard.

Phase 1: 1st of October 2013 – Large Case Division (150 sets of accounts received)

Phase 2: 1st of October 2014 – Thousands of companies based on exceeding certain thresholds

Phase 3: 1st of October 2015 (Anticipated) – All companies

  1. Will I be penalised for non compliance?

Companies that have problems filing using iXBRL will not be penalised, if they for good reasons, have failed to wholly complete the task.

  1. Should I outsource my iXBRL submission and tagging processes?

If you do not have the necessary software in place nor the resources to properly tag and submit iXBRL financial statements you are better off outsourcing this to specialists. The extent of knowledge a taxpayer or practitioner will need about iXBRL will depend on the choice of approach taken to preparing iXBRL financial statements. That choice is between manual tagging and iXBRL-enabled accounts preparation software (from the website).

We at Ormsby & Rhodes are fully up to date and proficient with iXBRL tagging and submitting. It is a service that we also offer to other practitioners who wish to outsource their Corporation Tax or Income Tax submissions in iXBRL format. For more information please get in touch with us and we will advise you accordingly.

 

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