Tax and Bookkeeping - 16th and 18th April

This online workshop, over 2 mornings, aims to provide participants with an understanding of bookkeeping requirements to satisfy preparation tax returns to Revenue.

This is ideal for start-ups and early-stage entrepreneurs who are not yet using any accounting packages.

Participants will gain knowledge in how to keep proper records, prepare basic, books of accounts, manage finances and comply with tax obligations

We will cover all elements of setting up a simple bookkeeping system and provide a comprehensive understanding of Irish tax system.

Hosted online, we will send you the link to join this workshop the day before it starts.

16th and 18th April, 10 am – 1 pm each day

COURSE OBJECTIVES:

• Keep appropriate records
• Preparation of daybooks
• Extract key information from daybooks for tax and management
• purposes
• Start tax compliance and tax administration

COURSE PROGRAMME:

• Self Assessment system explained – income tax compliance
• obligations
• Support available
• Deductible expenses
• Capital Allowances
• Identify how tax is calculated – includes tax, PRSI and USC
• Important Tax dates- tax returns – Form 11 introduced
• Introduction to VAT
• Co. v Sole Trader and implications
• Record keeping obligations including using technology to assist
• Basic bookkeeping and accounts terminology explained
• Introduction to Daybooks – using sample Bank Book
• Bookkeeping and VAT
• Distribution of Ace bookkeeping templates
• Introduction to Accounting packages