Attending SETU Careers Development Centre Waterford Careers Fair was a great experience, and connecting with motivated students and graduates exploring careers in accountancy and professional services. Some of our team, Rhona Butler, Eileen Fitzgerald and especially Craig Walsh, a SETU graduate and current team member, shared his perspective on the learning and development opportunities he’s gained through our Graduate Programme.

Delighted to announce that Alan Seery, Tax Partner, has shared his thoughts in the latest Business Plus Magazine survey featuring Ireland’s top tax advisers. In his contribution, Alan sheds light on the pressing tax challenges facing businesses today—from regulatory complexities to managing tax risks in a shifting economic climate. He also highlights strategic approaches that can help companies stay resilient…

On 5 July 2024, Minister for Enterprise, Trade and Employment Peter Burke signed into law S.I. No. 336/2024 European Union (Corporate Sustainability Reporting) Regulations 2024. The Regulations bring the CSRD into Irish law and amend Irish legislation, including the Companies Act 2014. Under the CSRD, certain companies will be required to report on various sustainability matters in accordance with the…

Some welcome news was announced last Friday evening by Minister for Enterprise, Trade and Employment, Peter Burke TD, with the signing into law of the European Union (Adjustments of Size Criteria for Certain Companies and Groups) Regulations 2024 (S.I. No. 301 of 2024). This increases the balance sheet and turnover thresholds for ‘micro’, ‘small’, ‘medium’, and ‘large’ companies in the…

Our team at O'Neill Foley has successfully completed our May Steps Challenge. Thank you to everyone who participated and contributed to making this event a success. The proceeds will be evenly distributed between two incredible causes: Irish Guide Dogs for the Blind and the Irish Cancer Society. The effort has not only promoted health and well-being amongst our team but…

Attention Business Leaders The Gender Pay Gap Information Act 2021 requires organisations to report on their hourly gender pay gap across various metrics. Since 2022, companies with over 250 employees began reporting their gender pay gap. As of 2024, this requirement has been extended to organisations with 150 employees or more. This requirement will extend to businesses with 50 employees from 2025.…

Important Update for Employers. Revenue has issued new guidance on determining the employment status of workers for tax purposes. Stay informed and maintain commercial operations by understanding these new guidelines. Revenue issues guidance on how ‘gig economy’ workers should be taxed | Irish Independent Contact our team at O'Neill Foley if you have any queries. https://lnkd.in/ezTKzpAa

We were delighted to have Teresa Hennessy from Mindful Paths Ireland join us at O'Neill Foley last week for a session on mindfulness. It was a valuable opportunity for our team to engage with practices that support focus and balance in our busy lives. Thank you, Teresa, for sharing your expertise. We look forward to incorporating these mindfulness techniques into…

Team Night Out Alert The O'Neill Foley squad took to the lanes for a fantastic evening of bowling in KBowl. This was an excellent opportunity for our team to showcase their competitive spirits and some surprisingly skilful bowling moves. Thank you to all who participated and made the evening memorable. Here's to many more such gatherings. hashtag#TeamBonding hashtag#BowlingNight hashtag#Kilkenny hashtag#WorkHardPlayHard

We recently hosted Edel Walsh, an experienced exam coach, who provided a very practical session on achieving exam success with our team. This type of support resonates deeply with our firm's commitment to supporting our graduates' development and success. Our team benefited greatly from the session, gaining insights into effective study strategies and exam preparation. We believe empowering our graduates…

Delighted to share that our Managing Partner, David Walsh, has been featured in the latest edition of Business Plus Magazine, specifically in their comprehensive survey of accounting firms across Ireland. David's interview, featured on page 75, offers valuable insights into the evolving landscape of accounting, our firm's innovative approaches to navigating challenges, and our steadfast commitment to excellence in client service. His…

Is Your Business Eligible for the Enhanced Business Support Grant? As part of Budget 2024, the Government signed off on a €257m package for the Increased Cost of Business (ICOB) Grant, a vital measure for small and medium businesses. Local Councils will manage the rollout of the grant to qualifying businesses, funded by the Department of Enterprise, Trade, and Employment.…

Good news for businesses in Ireland. The Minister for Finance, Michael McGrath TD, has announced significant updates to the Tax Debt Warehousing Scheme to provide further relief and flexibility for businesses navigating their financial recovery. Key changes include: - The interest rate on warehoused debt has been reduced to 0%. Revenue will also issue refunds of any interest at 3%…

O'Neill Foley Chartered Accountants proudly announces the promotion of three accomplished professionals, marking a significant milestone in the firm's commitment to recognising talent and steering strategic growth. We sincerely congratulate Marie Grogan and Patrick Moloney, who have been appointed Directors in O’Neill Foley Chartered Accountants, and Edward ( Ed ) Kissane MSc CFP QFA who assumes the role of Director…

Attention Employers: Changes in 2024 Employers, three significant changes your payroll team needed to consider since January 1, 2024, have been in effect for over three weeks. These changes comprised: 1. Enhanced Reporting Requirements 2. Minimum Wage Updates 3. Increased Statutory Sick Days At O'Neill Foley we have been providing cost-effective, flexible outsourcing solutions tailored to your specific needs throughout…

🎄Spreading Holiday Cheer for a great Charity at O'Neill Foley 'Tis the season of giving, and we are happy to share the joy with our festive Christmas jumpers, all supporting a wonderful cause - SVP - Society of St. Vincent de Paul Ireland. All proceeds will go towards positively impacting the lives of those in need. Wishing you and yours…

TheO'Neill Foley team had an incredible time at the Gowran Park Racecourse! 🏇✨ Here's to creating lasting memories as we gallop towards the next deadline!

Delighted to share that our own Alan Seery, Tax Partner at O'Neill Foley has been featured in the special edition of Business Plus Magazine, dedicated to the country's top tax advisors. Alan's insights on the critical role of SARPs (Share Appreciation Rights Plans) in attracting Foreign Direct Investment (FDI) to Ireland are highlighted in the article. You can read Alan's…

Ceri Martin, Craig Walsh, and Rhona Butler from our team had a fantastic time engaging with students and soon-to-be graduates at the SETU Careers Development Centre Waterford If you were on the verge of graduating in 2024, our Graduate Program might be for you! Comprehensive program details, inspiring success stories from our past graduates, and a glimpse into the dynamic…

We were delighted to have the opportunity to host the Network Ireland Kilkenny event on Monday evening. A super event focusing on all aspects of sustainability. A special thank you to our outstanding speakers— Brigid Walsh, Linda Murray, and Barbara Phelan—for sharing such valuable insights. hashtag#womenentrepreneurs    hashtag#womeninbusiness    hashtag#womenempoweringwomen    hashtag#kilkenny  

Our team were delighted to attend and represent O'Neill Foley at the Careers Fair at Cashel Community School on Monday. Attending our team were two of the school's very own alumni, Lauren Hickey and Martin Browne who both began their journey with O'Neill Foley straight from Cashel Community School through the Accounting Technicians Ireland (ATI) Route. Both have now completed…

Attention Employers: Changes in 2024 Employers - Are you ready for three significant changes that your payroll team needs to consider starting 1 January 2024? 1. Enhanced Reporting Requirements, 2. Minimum wage update, 3. Increased statutory sick days. At O'Neill Foley we offer cost-effective, flexible outsourcing solutions tailored to your specific needs. Our dedicated, qualified team spans a range of…

Below are the main tax measures of interest other than the usual adjustments to bands and credits: New Capital Gains Tax relief for Angel investment in innovative start-ups A new capital gains tax relief for angel investment in innovative start-ups is being introduced. Qualifying investors can benefit from a reduced rate of capital gains tax for gains arising from the…

Important Update for Non-Resident Landlords: Changes in Revenue's Treatment If you're a non-resident landlord, you may have recently received correspondence from Revenue. We want to bring your attention to some significant changes in Revenue's treatment of non-resident landlords, which will be implemented from 1st July 2023. While your overall exposure to Irish Income Tax remains the same, there are crucial…