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.
June 11, 2019
There are a number of tax incentives available for the purchase of electric company cars introduced by the government to drive motorists towards the more fashionable cleaner and greener motoring.
We at, John M Shanahan & Co, Chartered Accountants, Tullamore, Co Offaly have taken a look at the requirements which are necessary to quality.
May 31, 2019
The aim of the EU Directives is to deter money laundering and terrorist financing and to help sanction those who hide their ownership or control of Irish companies/societies for the purpose of facilitating illegal activities.
This standalone Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies (RBO) is a being established under anti-money laundering legislation, not company law.
Companies/societies must identify their Beneficial Owners, keep their details on their own internal register and register these details with the RBO. This is in addition to meeting their existing statutory filing obligations with the CRO under the Companies Acts in relation to directors, shareholders, etc. or in relation to other non-company legislation e.g. Industrial and Provident Societies.
We at, John M Shanahan & Co, Chartered Accountants, Tullamore, Co Offaly have taken a look at the filing requirements for owner/directors which are necessary to comply with anti Money Laundering Legislation.
May 24, 2019
We should each year renew our focus on pensions and ensure that with proper planning, we can provide for a comfortable steady income in Retirement.
We are all too aware of the fact that the level of pension coverage in Ireland is quite poor. Too few people have pensions. Therefore this means people will have to work longer to maintain an adequate standard of living or live off the State pension when they eventually get to draw this down; and as you well know, that pension age is gradually being pushed out as a consequence of people living longer. It will go to 67 from 2021 and to 68 from 2028.
We at, John M Shanahan & Co, Chartered Accountants, Tullamore, Co Offaly have taken a look at focusing on company pension schemes for owner company directors and looking at options at retirement in terms of drawing down the funds.
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.