When a business is awaiting a statutory redundancy rebate and is experiencing difficulty in meeting its tax obligations because of a delay in receiving the repayment, then Revenue will defer collection of the tax for a reasonable period. The business should provide authorisation for payment of the … [Read more...]
NAMA Business Plan
October 15, 2009 By
The Business Plan in relation to the operation of NAMA has recently been published by the Government. It is anticipated that €77bn of loans will be transferred from the banks to NAMA. This includes €9bn of rolled-up interest on non-performing loans. The underlying assets were valued at … [Read more...]
Redundancy Program
June 29, 2009 By
Increasingly clients are engaging us to assist in the implementation of redundancy programs. Redundancies may be Collective Redundancy programs, in which at least 5 people are being made redundant from a normal employment level of 20 or more. However, in the case of most small businesses, only one … [Read more...]
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