Interest on Tax Liabilities Suspended Over the last number of months Revenue has outlined some key actions it has taken to assist businesses experiencing cashflow and trading difficulties arising from the impacts of COVID-19, including: advising businesses to continue to file tax returns on time, even where payment is not immediately possible. suspending all debt […]

CAVEAT at 25 March 2020 The below detail is subject to legislation which may change or clarify some operational details and will include severe penalties for any false returns or claims.   What is the scheme. This is a 12 week scheme from 26 March 2020 whereby Employers, who are affected by the COVID-19 pandemic, […]

Covid-19: Useful Information for our clients   At Ormsby and Rhodes, we are following the current Covid-19 situation closely. We want our clients to have the most recent up-to-date facts on this crisis coming from the HSE. The Revenue Commissioners and The Department of Business, Enterprise and Innovation have both announced measures to assist SME’s […]

We would like to make you aware of how Ormsby & Rhodes will be operating in the light of COVID-19 / Coronavirus: As a firm our priority is to reduce the risk to our people, our clients and our business. We have robust business continuity plans in place which will ensure that we can continue […]

Since 1 January 2019, Revenue has received payroll information (pay and statutory deduction details) from over 153,000 employers. This includes agents submitting information on behalf of over 94,000 employers.   The obligation to file details Under Regulation 10 of the Income Tax (Employments) Regulation 2018, an employee’s pay and deductions must be submitted to Revenue […]

This was certainly a Budget where spending took priority and where the spending was practically already disclosed. Housing was a major recipient of spending plans: €2.3bn allocated to the housing programme for 2019 €93m for Local Authority house funding for 2019 €1.25bn allocated for the delivery of 10,000 new social homes in 2019 €123m for the Housing […]

PAYE Modernisation Revenue is introducing a new PAYE regime for employers from 1 January 2019. From this date, employers will have to report payroll information to Revenue in “real-time” i.e. each time they pay their employees. This is the most significant reform of the PAYE system since its introduction in 1960. What will it involve? PAYE […]

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”) […]

Ormsby & Rhodes is currently recruiting graduates for its audit department to commence training contracts in September / October 2020.  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 […]