The Bottom Line

Do you ever wish your business could run smoother? That instead of chasing your tail trying to get work out the door, debtors paid up, and staff paid on Friday, there must be a better way to manage your finances? If you are a small business owner with no staff, things are relatively simple, it's all in your head. On...

Have you ever wondered why the "profit" which you pay tax on year after year never seems to arrive in your bank account? Do you listen to your accountant explaining the amazing year that you apparently just had, but all you can think about is how you'll find the money to pay the tax bill on this 'amazing' profit? The...

From the 1st of January, Pension Auto Enrolment has been launched for businesses across the country. This is something which has been in the pipeline for years, but in this week's instalment of The Bottom Line we will take a look at how it's actually working so far and answer some of the most common questions I have been hearing...

As we get settled into the new year, it's important to pay attention to the big financial issues facing local businesses in 2026. I'm sure everyone is fed up of hearing about the big issues politicians' drone on about, but today we will cut through the jargon and explain in real terms the three biggest problems I see so far...

Welcome to 'The Bottom Line'. If you're in business, or just starting out, then you've certainly at least considered how your business should be structured. There is a lot of noise out there around what the best structure is; Limited Company, Sole Trader, Partnership, Group Structures, and so many others. Between this week and next, we will cut...

Welcome to 'The Bottom Line'. If you're incorporated as a Limited Liability entity, then considering the most efficient structure is essential. Today, we will cut through the jargon around Limited Companies and Partnerships. I'll explore the various types of Company and go through the advantages of a Holding Company structure. If you're not sure...

No matter your industry, your business has overheads. In the past, the cost of 'keeping the lights on' could be simply overlooked by most small businesses. If you had a decent gross margin, your overheads took care of themselves. Today however, with costs higher than ever and margins being squeezed tighter every day, properly handling your overhead...

No one can run their business forever. Eventually, either through gift, inheritance, or sale, your business or farm will need to be transferred to someone else. In this part 1 of this two part series, we look at things from the receiver's point of view. If a person receives a gift or inheritance, they will be liable to Capital Acquisitions...

No one can run their business forever. Eventually, either through gift, inheritance, or sale, your business or farm will need to be transferred to someone else. Today in part 2 of this two part series, we look at things from the owner's point of view. When a person disposes of a business, they are liable to Capital Gains Tax (CGT)...

Welcome to 'The Bottom Line". In this week's post, we delve into what is fast becoming a key topic for Irish small and medium enterprises; Outsourcing the Finance Function. Almost every business in Ireland has an accountant, who at the end of the year prepares the accounts and tax returns. As a business grows, so too grows their financial...