Accounting and Financial Statements
Preparation of accurate financial statements and management accounts for Irish businesses, sole traders, and contractors. We ensure compliance with Irish reporting standards and provide clear financial insight for decision-making.
- Financial statement preparation
- Management accounts
- Profit and loss reporting
- Balance sheet preparation
- Revenue and expense analysis
- Budget and variance reporting
Bookkeeping
Accurate and up-to-date bookkeeping for businesses of all sizes. We record income and expenses, reconcile bank accounts, maintain ledgers, and keep financial records organised for tax, compliance, and management reporting.
- Sales and purchase records
- Bank reconciliations
- Expense recording
- General ledger maintenance
- VAT-ready records
- Monthly or quarterly bookkeeping
Cloud Accounting
Modern cloud accounting setup and support using secure online accounting systems. We help businesses move from manual records to efficient digital processes with real-time access to financial information.
- Cloud accounting setup
- Migration from spreadsheets or legacy systems
- Bank-feed configuration
- Digital receipt and invoice workflows
- User access and permissions
- Ongoing system support and training
Accounts Payable & Receivable
Structured management of supplier payments and customer collections to improve cash flow, reduce overdue balances, and maintain accurate financial records. Our team operates as an extension of your business, providing outsourced finance-function support.
- Supplier invoice processing
- Payment scheduling
- Supplier statement reconciliation
- Customer invoicing
- Credit control and payment follow-up
- Aged payable and receivable reports
- Cash-flow monitoring
Payroll (PAYE, PRSI & USC)
Our comprehensive payroll service takes the stress out of employer compliance. We manage all aspects of Revenue's PAYE Modernization requirements, ensuring real-time reporting of pay and deductions.
We calculate correct PRSI classes and USC rates for all employees, providing professional payslips and year-end reporting.
VAT and Tax Compliance
Navigating the Value Added Tax system in Ireland is critical. We monitor your 12-month rolling turnover against Revenue thresholds:
- €42,500 for service-based businesses.
- €85,000 for businesses selling goods.
We handle bi-monthly VAT filings and ensure you are reclaiming all eligible VAT on business expenses.
Relevant Contracts Tax (RCT)
Specialized accounting for the Construction, Forestry, and Meat Processing sectors. We manage the complex RCT system, ensuring correct deduction rates (0%, 20%, or 35%) are applied to subcontractor payments.
We handle all Revenue notifications and filings, protecting your business from penalties and ensuring full compliance.
Income & Corporation Tax
Whether you are a Sole Trader filing a Form 11 or a Limited Company requiring CT1 filings, we provide strategic tax planning to optimise your liabilities.
We specialise in the 12.5% Corporation Tax rate and advise on available reliefs such as the R&D Tax Credit and Start-up Relief for new businesses.
Tax Advisory & Planning
Professional tax advice to help individuals and businesses plan ahead, manage tax exposure, and make informed financial decisions. We provide practical guidance on business structure, transactions, investments, and long-term tax planning.
- Personal and business tax planning
- Tax-efficient business structures
- Director and shareholder tax planning
- Capital gains tax advice
- Property and investment tax guidance
- Business acquisition and disposal planning
- Revenue correspondence and tax risk support
- Succession and retirement planning
- Cross-border tax considerations
- Tax implications of major business decisions
Company Formation & Company Secretarial
Full company formation services through Taxcom Accounting Limited, including registration with the Companies Registration Office (CRO) and tax registration with Revenue. We also provide ongoing company secretarial support to keep your business compliant.
- Company formation and CRO registration
- Tax registration (VAT, Corporation Tax, PAYE)
- Company secretarial compliance
- Annual return filing
- Registered office services
- Director and shareholder updates
Business Advisory
Strategic financial guidance to help Irish businesses grow, improve profitability, and plan for the future. We provide practical advice that goes beyond compliance, supporting business owners with informed decision-making.
- Business planning and forecasting
- Cash-flow management
- Profitability analysis
- Budgeting and financial projections
- Business structure advice
- Grant and funding support