New regulations require employers to report the difference in pay between men and women. The reporting requirements apply to all public and private sector companies to reduce the gender pay gap in workplaces. According to Eurostat, Ireland’s gender pay gap
In Ireland, as is the case in most of the European Union, manufacturing businesses have seen some significant problems with staff recruitment and retention going back over the course of the last ten years or so. This is not something
The Employment Wage Subsidy Scheme (EWSS) ended on 31st May 2022. The scheme replaced the Temporary Wage Subsidy Scheme (TWSS), which had been in place since 1st September 2020. The EWSS ended on 30th April for businesses that weren’t directly
Payroll is a crucial aspect of your business. If you don’t put in your best effort, you can find your company failing. Employees don’t want to work for free or receive less pay. However, it isn’t the only aspect you
As an accountant, you may already be very aware of the role modern technology has to play in the industry. However, an often surprising number of qualified accountants in Ireland report that they feel the pace of change in modern
In March 2022, the government approved a new bill that grants all workers the right to paid sick leave. Created by The Tánaiste and Minister for Enterprise, Trade and Employment, the Bill will allow Irish employees to enjoy mandatory sick
In 2019, Ireland introduced real-time reporting for Pay As You Earn (PAYE) systems for employers and employees. PAYE modernisation ensures Revenue Commissioners have the correct information on businesses. With real-time reporting, an employer must prepare and report the workers’ salaries
Technological innovation has changed many aspects of modern commerce. Business practices are increasingly digitised these days and both accounting and bookkeeping are no exceptions. After all, digital resources are now available for many aspects of financial record keeping that help
Managing payroll is easily one of the most delicate and tedious tasks required to run a small business because it needs to work accurately and on time every month. You need a reliable system that can. Calculate pay checks putting
Processing payroll can be a minefield for small businesses. You have to ensure your employees have the correct tax codes and are up-to-date with the deductions and employers’ contributions. The accuracy of your computations can also make or break your
Cloud-based software is used very successfully in many areas of commerce these days. It also has a significant role to play in the payroll functions of numerous businesses these days, both large and small. Very few enterprises rely entirely on
Digital banking saw a marked uptake with the Covid-19 pandemic, with many Irish consumers who had never used online banking going digital for the first time. Apps such as Revolut and N26 have revolutionised personal banking, with offerings that are
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