New Recruits

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Our recruitment has been excitingly busy over the past number of months and we’re delighted to welcome Kathy, Ben, Zaira, Ciara and Suzanne to our ever growing team. We are currently looking to recruit a qualified or part-qualified accountant and would welcome CV’s to be emailed to Jacqueline, our practice manager on jacqueline@seancavanaghandco.com Jacqueline Preshur […]

Irish Budget 2020

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As expected, Brexit loomed large in today’s Irish Budget for 2020. With the Government aiming to mitigate the effects of a potential no-deal Brexit, there was very little for the tax payer to celebrate. We have attached a bitesize summary of the main talking points of today’s speech. If you would like further information how […]

Making Tax Digital

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Download pdf >> making_tax_digital_seancavanaghandco   From 1 April 2019, Making Tax Digital (MTD) will become compulsory for most UK VAT registered businesses with a taxable turnover above the VAT registration threshold (currently £85,000). Affected businesses will be required to: submit their VAT return data digitally using software compatible with HMRC’s Application Programming Interface (API) platform; and […]

Day Care for Sale

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Purchase Opportunity – Profitable Child Day-Care Business, Armagh Area – Ref CF1066 Sean Cavanagh & Co presents an excellent business opportunity to purchase a client of our firm currently trading in the Child Day-Care sector. The structure of any potential deal is negotiable and can include the trading premises. Maison Real Estate is the acting […]

Budget 2019

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On Wednesday 9th October Minister for Finance Paschal Donohoe delivered his budget for 2019. Much of the attention focused on Housing and Brexit, however the main points in relation to tax are as follows: Income Tax The 4.75% rate of Universal Social Charge (USC) will fall by 0.25% to 4.5% (on incomes between €19,874 and […]

Credit Union

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Credit Union Directors – are you managing risk? Credit Unions continue to play a vital role in local communities as they have done so successfully for generations. Their importance has particularly been highlighted during the banking sector post-recession reforms. However, faced with changing technology and a more litigious world, risk management must be given top […]

‘No Deal’ Brexit Consequences

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The deadline for a deal to be made before the UK leaves the EU is 29 March 2019. It is looking more likely that this date will come and no deal will have been agreed upon.  The Government have published some guidance on the effect this outcome may have for businesses. We have summarised potential […]

Income Tax Planning

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Did you overpay tax last month?  This time of the year is a great time to ask whether you are paying too much Income Tax and consider how that can change.  At Sean Cavanagh & Co we continually review our clients’ positions and challenge the ‘status quo’, offering tailored solutions to ensure there are no nasty surprises when it comes […]

Research & Development

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Tax Savings through Innovation– Research & Development    Companies that invest time and money developing new products, processes or services; or enhancing existing ones, may be eligible for a cash payment and/or Corporation Tax reduction.    At Sean Cavanagh & Co we have a Specialist R&D Tax Credit team who will review your position and advise if you are getting the […]

Out of Hours GP’s – Important Tax Changes

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HM Revenue & Customs  and Northern Ireland’s OOH’s providers have recently agreed to change the tax status of Sessional GP’s from Self Employed to Employed, starting THIS MONTH (April 2018). Our specialist medical accounts team at Sean Cavanagh & Co. answers a number of questions about this change below: How will it impact on Sessional GP’s? Sessional […]