REVENUE’S NEW JOBS AND PENSIONS ONLINE SERVICE

Revenue’s new Jobs and Pensions online service allows employees register their new job (or private pension) with Revenue. A tax credit certificate will then issue to both the employer (P2C) and employee ensuring that the employer can deduct the correct amount of tax for that job (or pension). The Jobs and Pensions service replaces Form 12A, so employees must register their first job using this service. The service is also for employees who are: changing jobs where the previous job has been ceased on Revenue records (when the employee signs into the service they will see […]

How to Retire and Smoothly Exit Your Business

More than likely your business is highly dependent on you. Perhaps it’s your skills or your drive and ambition that make your business a success. But now you’re coming up to retirement age or maybe you’re thinking of leaving the business for different reasons. How can you smoothly exit your business? The answer is to plan carefully. This is often called succession planning. What is succession planning? It’s a plan to determine and develop the person(s) who will take over from you in running the business. What are your options? Your options can usually be boiled […]