Business News

Capital Allowances in 2026: Maximising Tax Relief on Business Investments

26th February 2026

We believe that well timed investment decisions can significantly improve both operational efficiency and tax outcomes. In 2026, capital allowances remain one of the most valuable tools available to Irish companies seeking to reduce their corporation tax liability while reinvesting in growth…

Directors’ Responsibilities in 2026: Avoiding Personal Liability Risks

25th February 2026

We regularly remind directors that running a limited company does not remove all personal responsibility. In 2026, Irish company law and Revenue compliance standards continue to place clear duties on directors. Failing to meet these obligations can expose individuals to personal liability, financial penalties and reputational damage. Under the Companies Act 2014, directors have a […]

Directors’ Responsibilities in 2026: Avoiding Personal Liability Risks

25th February 2026

We regularly remind directors that running a limited company does not remove all personal responsibility. In 2026, Irish company law and Revenue compliance standards continue to place clear duties on directors. Failing to meet these obligations can expose individuals to personal liability, f…

Year-End Tax Planning Strategies for Irish Companies in 2026

24th February 2026

We understand that effective year end tax planning is one of the most valuable exercises an Irish company can undertake. In 2026, with continued scrutiny from Revenue and evolving compliance requirements, proactive planning can protect cash flow, improve tax efficiency and support long term growth. The first priority is reviewing projected profits before your financial […]

Year-End Tax Planning Strategies for Irish Companies in 2026

24th February 2026

We understand that effective year end tax planning is one of the most valuable exercises an Irish company can undertake. In 2026, with continued scrutiny from Revenue and evolving compliance requirements, proactive planning can protect cash flow, improve tax efficiency and support long term…

Profit vs Cash Flow in 2026: What Irish SMEs Must Monitor Closely

23rd February 2026

We regularly meet business owners who are surprised to learn that a profitable company can still experience financial pressure. In 2026, understanding the difference between profit and cash flow is more important than ever for Irish SMEs navigating rising costs and competitive markets. Profit is what remains after expenses are deducted from revenue on your […]

Profit vs Cash Flow in 2026: What Irish SMEs Must Monitor Closely

23rd February 2026

We here at Wallace O Donoghue regularly meet business owners who are surprised to learn that a profitable company can still experience financial pressure. In 2026, understanding the difference between profit and cash flow is more important than ever for Irish SMEs navigating rising costs and…

Payroll in 2026: Key PAYE and PRSI Updates for Employers

20th February 2026

We believe that staying on top of payroll obligations is one of the most important responsibilities for Irish employers in 2026. PAYE Modernisation has firmly embedded real time reporting into everyday operations, and Revenue continues to place strong emphasis on accuracy and timely submissions. Even small errors can result in penalties, interest and unnecessary administrative […]

Payroll in 2026: Key PAYE and PRSI Updates for Employers

20th February 2026

We believe that staying on top of payroll obligations is one of the most important responsibilities for Irish employers in 2026. PAYE Modernisation has firmly embedded real time reporting into everyday operations, and Revenue continues to place strong emphasis on accuracy and timely submissi…

Preparing for a Revenue Audit: What Irish Businesses Should Have Ready

19th February 2026

We understand that the words Revenue audit can cause concern for any business owner. However, an audit does not have to be disruptive if your records are organised and your processes are robust. In 2026, with Revenue continuing to enhance data analysis and digital oversight, preparation is more important than ever. The first priority is […]