Covid 19 Financial Measures

The ongoing Covid – 19 pandemic has created a number of challenges for businesses, and they will remain in place for the foreseeable future. We have suggested below some of the priority planning and supports you should consider for the coming months.

Wage costs
A new wage subsidy scheme has been announced by the Government.  The draft Bill to implement this measure has been published and is due to be passed into law this Thursday (26th March 2020).

Continue reading “Covid 19 Financial Measures”

Proposed changes to audit exemption

The Companies (Statutory Audits) Bill 2017 has now been passed by the Dail and will now be considered by the Seanad.  While most of the Bill deals with regulations of auditor firms there was a proposal in the original Bill to abolish the ability of a company to apply to the District Court to extend its filing deadline and to avoid the loss of audit audit exemption for late filing.  This proposal has now been dropped from the Bill passed by the Dail which is good news for small companies. Continue reading “Proposed changes to audit exemption”