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We here at John B Sheehy Chartered Accountants know that many Irish SME owners assume sustainability reporting is something only large corporations need to worry about. In legal terms, that is largely true, as the formal EU reporting rules apply to bigger companies. In practice, however, those large…

At John B Sheehy Chartered Accountants we believe that attracting and keeping the right people is one of the biggest challenges facing growing Irish SMEs. Competing with large multinationals on salary alone is often impossible, particularly for younger businesses with limited cash. Offering employee…

We here at John B Sheehy Chartered Accountants know that Relevant Contracts Tax is one of the most important, and most demanding, compliance areas for construction businesses in Ireland. Whether you are a main contractor engaging subcontractors or a subcontractor working for others, RCT affects how…

At John B Sheehy Chartered Accountants we believe that the year-end stocktake is one of the most underestimated tasks in running a business. For retailers, wholesalers, manufacturers, hospitality businesses and many others, stock is often one of the largest figures on the balance sheet. Yet the coun…

We here at John B Sheehy Chartered Accountants know that Budget Day grabs the headlines, but it is the Finance Bill that turns those announcements into law. Each autumn, the Finance Bill sets out the detailed legislation behind the tax measures announced in the Budget, along with many changes that w…

At John B Sheehy Chartered Accountants we believe that online platforms have opened up enormous opportunities for Irish small businesses. Selling handmade goods through online marketplaces, offering services through freelance platforms or letting property through short-term rental sites can be a gre…

We here at John B Sheehy Chartered Accountants know that many Irish company owners are surprised to discover that keeping profits inside their company can sometimes lead to an extra tax charge. The close company surcharge is one of the less familiar areas of Irish tax, yet it affects a large number…

At John B Sheehy Chartered Accountants we believe that access to funding is one of the biggest challenges facing ambitious Irish SMEs. Bank lending is not always the right fit for a growing business, and giving away equity can feel daunting. The Employment and Investment Incentive Scheme, commonly k…

We here at John B Sheehy Chartered Accountants know that energy costs have become one of the most significant overheads for many Irish businesses. Whether you run a shop, a hotel, a factory, a farm or an office, rising electricity and heating bills can quietly erode your margins. Investing in energy…

At John B Sheehy Chartered Accountants we believe that artificial intelligence offers Irish SMEs a genuine opportunity to work smarter, save time and compete more effectively. From drafting documents and answering customer queries to analysing data and automating routine admin, AI tools are becoming…