The Seven Main Taxes
June 22, 2011 at 16:00
Advice and compliance in the main areas of Taxation in Ireland:
- Income Tax, PRSI and Levies
- Corporation Tax
- Capital Gains Tax
- Capital Acquisitions Tax
- Stamp Duty
- Value-Added Tax
- Customs and Excise
Family Business Can be Fraught
April 28, 2011 at 10:30
A smooth and successful transition of the business from one generation to the next is often a key aspiration of the family business founder. However, according to Stephanie Duffy, Business Psychologist at Russell Brennan Keane, Chartered Accountants and Business Advisers, achieving this goal can be fraught with difficulties if not planned well and planned early.
RTE Dragon launches Longford start-up support fund
April 26, 2011 at 11:00
Visit http://www.sbpost.ie/news/ireland/rte-dragon-launches-longford-startup-support-fund-55915.html for further detail.
Leading Edge Alliance Named Second Largest International Association
April 06, 2011 at 10:00
Russell Brennan Keane, a member firm of The Leading Edge Alliance (LEA), is proud to announce that LEA has been ranked by the International Accounting Bulletin as the second largest international association of independent accounting firms for 2011.
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HR Compliance for Charities and Not for Profit Organisations
March 31, 2011 at 14:30
Many Charities and Not for Profit Organisations have undergone restructuring programmes to reduce costs in order to remain in operation and as a result some have lost their in house HR expertise and experience.
The degree and complexity of regulation that employers now face can be challenging to implement successfully without HR support.
Dealing with HR compliance issues demands practical experience and a knowledge of the procedures and processes that have evolved so that your business is not exposed to unnecessary risks or claims. By outsourcing you make a key business decision that relieves you from the essential but non core day to day HR issues, enabling you to focus on the core strategic priorities of your business. The benefits our clients see in outsourcing includes;
- Peace of mind that your businesses compliance obligations are adhered to in the event of a NERA inspection
- Immediate access to skilled professionals who are focused specifically on HR
- Improved employee relations
Our expertise is in supporting businesses across all industry sectors who have no internal HR support or who require independent advice to support specific HR or employee issues.
I would be delighted to meet with you to discuss how you currently manage HR within your business and to outline a support service that is cost effective and tailored to your needs. Please feel free to contact me directly at 01 6440100 or email bflynn@rbk.ie.
Brendan O'Donoghue live on Today FM - Sunday Business Show
March 14, 2011 at 16:00
When is a receivership not a receivership? Brendan O'Donoghue talks to Conall O'Morain from Today FM to explain... (from min 35:55) http://www.rbk.ie/index.jsp?p=166&n=377
A Receivership in All But Name
February 21, 2011 at 11:00
When is a receivership not a receivership? It's not a joke, and companies requiring corporate recovery methodologies will rarely find the process funny, but there are occasions when distressed businesses can benefit from the advantages of the receivership process without having to go through the formal process, thanks to a process known as "dry receivership" which affords almost all of the benefits with none of the publicity.
HR Solutions Update
February 21, 2011 at 09:30
Introduction
Our tailored HR solutions ensure that our clients have confidence in their HR practices and receive expert advice. Our services include search and selection, outsourced payroll solutions, consultancy and advisory services particularly as to ensure compliance with legislation as NERA increase their audit activity, and training and organisation behavioural techniques.
In this Newsletter we cover topical HR developments and look at some recent trends in recruitment processes. Should you wish to discuss any of the topics included in this edition or require further information, please feel free to contact me directly or email kbuckley@rbk.ie.
The New National Minimum Wage Rate of â¬7.65 per hour will come into effect from the 1st February 2011.
January 31, 2011 at 17:00
The rate applies to an experienced adult worker, defined as an employee who has any previous work experience in any two years following their 18th birthday.Accounting Solutions
January 21, 2011 at 18:00
Running a business is challenging enough without having to find time to manage your accounts. By &...
Statement of Principles for Fundraising - Best Practice
January 17, 2011 at 10:00
We are receiving a lot of questions and queries from Charities on how best to manage their fundraising activities in a manner that controls / manages risk. Many are not aware of the Statement of Principles on Fundraising.
How can managers best prepare for the performance appraisal processes? What information do they need? What types of training are available and / or necessary?
January 13, 2011 at 11:30
Managers can best prepare for conducting a good appraisal with a staff member by having a system of gathering relevant information throughout the year to allow them to give a balanced view and feedback to the staff member. Otherwise there is a frantic rush to pull information together that tends to reflect more recent performance rather than a view of the entire year. Employees need to play their part also and provide similar information in advance of the meeting to their manager that summarises their own view of their performance for the period.
How do you see performance appraisals evolving over the medium term? What new ideas or trends are coming down the line?
January 13, 2011 at 11:30
Online systems to capture all data; 360 degree feedback; more focus on Strengths and maximising potential; move to create a stronger link between individual and business goals. Continue Reading.How is the downturn affecting how reviews are carried out? What new challenges have been thrown up? Is it important not to avoid or postpone discussing difficult issues?
January 13, 2011 at 11:30
The speed and depth of the downturn in Ireland has forced many companies to take a much shorter term outlook. Unlike times of growth and opportunity they cannot look ahead with any sense of certainty to what might happen in the next 12 months. This in turn drives the uncertainty, fear and lack of confidence prevailing in business mindsets just now.
What are the common mistakes made by Irish companies when it comes to performance appraisals? How can these be avoided?
January 13, 2011 at 11:30
In my experience the most common mistake that companies fall into is that the performance appraisal becomes a yearly tick box exercise with little or no connection into day to day performance and overall company performance and no follow through after the event. People go through the motions because it’s something that has to be done but there is little value for the individual employee, their manager or the business.
Which new technologies can make performance appraisal processes easier or more efficient? Are web-based / self-service systems becoming more popular?
January 13, 2011 at 11:30
Streamlining process online should help reduce the bureaucracy and paper trail that can often accompany a performance appraisal process. Web based systems are becoming more popular f...With money for salary increases tight in most companies, what other options do employers have for rewarding / incentivising employees?
January 13, 2011 at 11:30
Some employers take the view that in the current environment employees should be happy to still have a job and don’t see the need to consider any alternatives to keep their staff motivated.
How can organisations use annual reviews to introduce performance improvement or change management measures? How can reviews be aligned with individual or business goals?
January 13, 2011 at 11:00
Performance reviews can serve as one of several mechanisms to assist in the implementation of specific busi...
How are performance appraisals typically carried out? Short sit-down meeting, questionnaires, preparation etc? Are there best practice guidelines which can be applied in most orgs?
January 13, 2011 at 10:30
Performance appraisals typically take the form of a yearly meeting between an employee and his/her manager. Most will have standard documentation that captures goals set from the previous meeting and some will incorporate feedback from peers and others who have worked with the employee. Meetings generally take two perspectives into account:
Are Irish organisations typically well prepared for planning and carrying out annual performance appraisals? What skills, practices or structures are most important for this?
January 13, 2011 at 10:00
Larger companies tend to be well prepared and have their appraisal system integrated into their business planning cycle and they are likely to place a lot of emphasis on training and supporting their management team in managing performance – other companies have a general process that centres around a yearly appraisal meeting, while at the other end of the spectrum there are some businesses who have no formal performance management system in place at all and only focus on performance when an employee is underperforming.
Watch out for our Ad!
January 07, 2011 at 16:00
Watch out for our ad on the front of the Sunday Business Post this weekend.
You can also view here!
Merry Christmas
December 20, 2010 at 0:00
Have a cracking Christmas & best wishes for 2011 from all of us here at Russell Brennan Keane!
Budget 2011 will add to the problems of property investors
December 07, 2010 at 0:00
Budget 2011 is unique as the framework and some of the planned changes were detailed in the Four Year Plan which was published two weeks ago. The financial adjustment was set at €6b with €4b coming from expenditure cuts and €2b coming from increased taxation. The precise details of the tax changes had to remain until the Budget was published but given the size of the financial adjustment all sectors of society had much to fear when the Minister stood up in the Dail to introduce his Budget.
Is Your Sports Club Maximising Donations?
December 01, 2010 at 10:00
Sports and community groups are slow to become “Approved” and use tax relief for Donations to stretch funding.
Managing Redundancies Tax Efficiently
October 26, 2010 at 16:30
Unfortunately redundancies are still a common feature across all sectors of the economy in 2010, as companies of all sizes struggle to contain costs in order to survive.
Appointment of Restructuring & Insolvency Partner
July 05, 2010 at 14:00
Russell Brennan Keane has appointed Brendan O'Donoghue as a Partner in the firm. Prior to joining Russell Brennan Keane in 2008, Brendan practiced as a corporate recovery specialist for over 20 years and he is recognised as a leading expert in restructuring and insolvency in Ireland. "I am delighted Brendan is joining our partnership team, his elevation is well deserved as he adds critical expertise to the Firm and an extra dimension of support to partner colleagues working with clients in a challenged environment" said Liam Rattigan, the firms Chief Executive.
What is the most tax effective way to pass the family business onto my daughter? Should I wait or act now?
June 18, 2010 at 15:00
Passing on the family business is probably the most significant decision in the lifetime of all business owners and they need to be happy that the timing is right for them and for the child. The right time will depend on family circumstances however, from a tax viewpoint, now is the time to start planning for it.
Struggling to manage your businessâs Cashflow?
June 09, 2010 at 12:00
Many businesses are struggling with cash flow and getting paid in particular at the moment. Colm O’Grady, one of our Partners provides some practical tips.