Smart Tax Strategies for Irish Business Owners
Tue, Sep 22 10:30am · 30 min
Most directors are paying more tax than they need to – not because of any mistake, but because the right planning hasn’t been put in place. The window to act is often smaller than people think.
- Profit extraction done right – salary, bonus, and pension are the key levers, and all must be planned before year end
- The close company surcharge – what it is, who it applies to, and why directors in professional services are often unaware until it is too late
- Dividends vs. pension – why pension is the most tax-efficient extraction method available, and why dividends are a last resort rather than a strategy
- Year-end planning – why acting early matters and what happens when the window closes
Session with: Tom Francis, Head of Accounting, Kinore
The Bookkeeping Fixes Every Growing Business Needs
Wed, Oct 28 10:30am · 30 min
Poor bookkeeping costs businesses more than they realise – in time, in compliance risk, and in missed opportunities to plan ahead. This session covers what good bookkeeping actually looks like in practice.
- The case for regular, up-to-date bookkeeping – why annual-only bookkeeping creates compliance risk and closes the window on tax planning
- Time saving through automation – how recurring invoices, bank feeds, and document capture tools dramatically reduce manual processing
- The pitfalls of software without proper setup – why moving to Xero without configuration does not improve bookkeeping quality
- Accountant-reviewed bookkeeping vs. in-house only – what regular review adds and why it cannot be replicated by a year-end-only service
Session with: Kiera McFeely, Head of Cloud Services, Kinore
VAT Classification: The Mistakes That Trigger Audits and How to Avoid Them
Wed, Nov 11 10:30am · 30 min
VAT classification is one of the most consequential decisions a business makes and one of the least understood. Getting it wrong creates retrospective liabilities and can trigger an audit.
- Know your VAT classification: Avoid costly assumptions that lead to retrospective liabilities and audit risk – even seemingly simple cases can be misclassified.
- Recover the right amount: Learn how partial VAT recovery works for mixed income businesses and avoid the common error of overclaiming.
- Monitor your threshold continuously: Understand why year-end checks aren’t enough – missing the VAT threshold mid-year leads to backdated obligations and penalties.
Session with: Kiera McFeely, Head of Cloud Services, Kinore
Director Pensions: The Tax Opportunities Most Irish Directors Are Missing
Date TBC 10:30am · 30 min
Missed pension planning are costing Irish directors significantly and many do not realise it until the damage is done.
- Understand why S-Class PRSI does not automatically apply to all directors and what the liability looks like when it is applied incorrectly.
- Find out why auto-enrolment is not a pension strategy and what a properly structured plan looks like by comparison.
- Discover how company pension contributions can be one of the most tax-efficient mechanisms available and why timing is everything.
- Learn how the pension fund limits work and why early, structured planning makes a significant difference.
Session with: Tom Francis, Head of Accounting, Kinore
Knowing Your Numbers & Cashflow: From Compliance to Decision-Making
Date TBC 10:30am · 30 min
Having money in the bank is not the same as running a profitable business. SME directors need real-time financial information to make good decisions, and most don’t have it.
- Why cash in the bank isn’t a measure of business performance, and why without current management information you can’t truly assess margin, profitability, or financial position.
- For businesses above €1m turnover, monthly or quarterly management accounts are standard practice, yet many still don’t have them, and what that gap costs you.
- Cost pressures are rising, and businesses not actively monitoring margin are absorbing increases without even realising it.
- Why a once-a-year accountant relationship isn’t enough for a growing business, and how regular bookkeeping review plus timely management information enables real-time decision-making.
Session with: Tom Francis, Head of Accounting, Kinore
