The Value of a Personal Accountant in Startup Growth

If you are an entrepreneur starting your journey of building a startup, managing finances efficiently is as important as the innovative ideas that spark the creation of your company. Using a personal accountant, especially one versed in professional accountancy services, can hugely influence the success trajectory of your new business.  Having a personal accountant for your new business taxes offers significant advantages over handling them yourself. An accountant can ensure accuracy and compliance with complex tax laws, potentially saving you from costly errors and penalties. Additionally, they can offer strategic advice to maximise tax efficiencies and support your business’s financial health, allowing you to …

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How Accountants Can Help Your Business Meet Enhanced Reporting Standards

With business finance, the regulatory environment is continuously changing, placing increased demands on businesses to comply with new and enhanced reporting standards. Starting from January 2024, Ireland will witness the implementation of Enhanced Reporting Requirements (ERR) aimed at improving the accuracy and timeliness of information submitted by employers to Revenue. This initiative not only changes the way financial information is processed but also heightens the need for precision and compliance in financial reporting. As these changes take effect, many businesses may find themselves struggling with the complexities of adhering to these enhanced standards. This is where professional accountants play an important and useful role. …

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How Accountants can Support Your Business with Regulatory Changes

Navigating regulatory tax changes can be challenging for any business owner. Business regulations can change in response to economic and political climates, and staying informed and compliant with new laws is vital. Using a professional accountant service can be helpful. Accountants do more than just handle numbers, they can be strategic partners who help you and your business handle tax law changes. Having an accountant for your business brings many benefits that can enhance both your financial health and day-to-day operations. Accountants can help you make informed decisions based on accurate and up-to-date data, and identify cost-saving opportunities or areas for financial improvement, such …

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A Guide to Choosing the Right Accountancy Services

Choosing the right accountancy services for your small business is important. Whether you’re a startup or an established company, having a reliable accountant can make a big difference in your financial health and compliance with changing tax laws. Professional accountants reduce the burden of managing your own finances. They ensure your financial records remain accurate and up-to-date, which can help you make informed business decisions.  Additionally, an accountant can help optimise your tax returns, potentially saving you money by identifying deductions and advising you on tax-efficient strategies. Bond & Co is a trusted provider of accountancy services in Dublin, offering tailored support that meets …

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What are the Advantages of Outsourcing Payroll Services?

Complex, detailed and often time-consuming payroll is an important, some say essential, activity that can impact on your team’s morale, value and work-rate. As accountants based in Dublin, we have the experience, expertise and resources to ensure your business’s payroll is processed in accordance with all legislative requirements including PAYE Modernisation. Bond & Co are a business first accountancy firm with multiple service offerings to support local businesses One of the key services we provide our clients in Ireland is outsourced payroll services. This hassle-free way to manage payroll is something that is highly valued and supports business to focus on other important tasks …

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The Role of Tax Accountants in Estate Planning

Estate planning is a crucial aspect of managing your assets and ensuring they are distributed according to your wishes after you pass away. While many people focus on drafting wills and trusts, another vital component of estate planning is managing taxes. Tax accountants play a pivotal role in this process, helping individuals and families navigate complex tax laws to minimise tax liabilities and maximise the wealth transferred to their beneficiaries. In this post, we’ll explore the role of tax accountants in estate planning and what you need to know to ensure your financial legacy is preserved. Understanding Estate Taxes Estate taxes, also known as …

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Financial Advice for Startup Businesses in Dublin

Starting a business in Dublin, or anywhere for that matter, requires more than just an idea. Receiving sound financial advice and management is essential for the success and longevity of your venture. Here at Bond & Co, we are an accountancy firm that is dedicated to serving businesses with an extensive range of services that are tailored to your needs. One of our primary offerings is supporting start-up businesses; offering straight-forward, easy to understand accountancy advice. We have extensive experience assisting Dublin start-ups across diverse industries and we are uniquely positioned to provide only the best accountancy and business guidance to emerging companies. Located …

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5 Key Reasons to Let an Accountant Handle Your Tax Return

Navigating tax return season might not be a joyous occasion, yet the choice between tackling it independently or engaging a qualified accountant can profoundly shape your experience. Considering the complexity of tax regulations and the potential impact on your financial well-being, seeking professional assistance can provide peace of mind and ensure accurate compliance. In this blog post, we take a look at five compelling reasons highlighting why delegating your tax return to a seasoned professional is a wise decision, ensuring a smoother and more efficient process. Keep reading to learn more about how an accountant can help.  The Complexity of Irish Tax Laws Navigating …

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An Introductory Guide to Navigating Tax Reform

In the world of finance, few topics spark as much interest and confusion as tax reform. With laws and regulations constantly evolving, staying on top of changes can be challenging for individuals and businesses alike. However, amidst the complexity, tax accountants serve as invaluable guides, offering insights and expertise to navigate the labyrinth of tax codes. Their knowledge not only aids in compliance but also in maximising tax efficiency and strategic financial planning for long-term success. In this post, we will discuss the intricacies of tax reform, explaining the key aspects with the help of seasoned tax professionals. The Evolution of Tax Reform Tax …

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7 Resolutions for Your Small Business in 2024 

The beginning of a new year is the ideal time to set resolutions for the months ahead. When you’re a small business owner, it’s really important to set goals for your business, so that it can continue to be successful and grow in the face of any challenges that come its way. From evaluating and assessing your cash flow to revisiting your business plan, there are many different things you can do to ensure the health and success of your small business in 2024. Seeking professional advice and incorporating innovative strategies can contribute to your business objectives. Read on for 7 resolutions that will …

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