We are an experienced firm of Chartered Accountants that has been providing a wide range of accountancy services for many years. John Shanahan established the firm in 1993 and over the years the practice has grown organically - almost entirely thanks to referrals from satisfied clients.
Today from our Offices in O'Connor Square, Tullamore we have staff specialising in accountancy, auditing, bookkeeping, payroll and taxation. In addition, we can, through our network, refer to a wide range of outside experts for advice on specialist matters beyond the normal scope of the practice.
The practice is a member of the Institute of Chartered Accountants in Ireland.
Accountancy today is almost entirely based on computerised records. We have the hardware, the software and the know-how to deal with your accounts the most reliable and effective way, to prepare tax returns for delivery via ROS and deliver documents to Companies Registration Office online.
We have experience of a number of popular accounting software packages, including TAS Books, Sage, QuickBooks and the Big Red Book etc.. If you use any of these, we can handle your files with ease. If you don't, but would like to, we are happy to advise on the appropriate system for you, to help set it up and maintain it, and to advise you or your staff in using it.
Some clients prefer to use Microsoft Excel, and for them we have designed an automated spreadsheet which can be customised to their needs. We still have some clients who prefer to keep manual accounts records - and of course we are happy to accommodate them, also.
We specialise in the smaller and medium size enterprises that are at the very heart of this country’s economy. We bring clarity and certainty to an easily accessible accounting and advice service where we always have your budget in mind.
You can call on us at any time knowing that you will receive our full committment to resolving your issues and setting your mind at rest. So we hope that you will feel free to speak to us whenever you need. By our motto "Linking practice to business", we are always working for you.
September 2, 2018
Billed as PAYE modernisation, Revenue is moving towards Real Time Reporting (RTR) for employers. This is a significant development. It follows the path taken by the UK, where RTR has been in place since April 2013.
RTR has been in place in Ireland for Relevant Contracts Tax (RCT) since 1 January 2012.
PAYE RTR will mean having to report pay, tax and other deductions, as well as any employees leaving their employment, at the same time as you run your payroll function - be aware of the effect on your business.
August 22, 2018
The latest to feel the Revenue wrath will be Airbnb hosts as Revenue have begun contacting hosts in writing regarding undeclared income.
We have warned before about the so-called Revenue crack down, as Revenue continue to battle against evasion and fraud in all its forms. Airbnb can be a safe and convenient source of additional income for many, but has been seen as somewhat of a grey area for taxation purposes.
August 22, 2018
As you may be aware, a newly-established Central Register of Beneficial Ownership (CRBO) is being established. This new legal requirement was brought in by the 4th Anti-Money Laundering Directive (4AMLD) which all EU Member States are required to implement into their national law.
The Companies Registration Office (CRO) has been appointed as the statutory body in Ireland responsible for the establishment and maintenance of the CRBO.
January 30, 2018
Setting up your own limited company is a big step. And though it’s highly rewarding, there are also a number of things to consider before making that leap of fate.
There are two main options open to entrepreneurs setting up in Ireland – sole trader or limited company.
To help you to prepare for when the time comes, we’ve put together some of the limited Company option - questions, pitfalls and reasons for choice - you should consider.