Tax and Vat for Small Businesses 25/09/2025

Objective:

To provide people who are business owners with a practical working knowledge of how taxation affects and interacts with the day to day running of their business and to give the course participants a working knowledge of the following tax heads:

1. Income Tax

2. Vat

3. PAYE/PRSI

4. Corporation Tax

Income Tax

(a)   How is Income Tax calculated
(b)   What expenses are allowable for Income Tax
(c)   Tips for reducing Income Tax
(d)   Filing & payment dates for Income Tax
(e)   What credits and allowances are you entitled to
(f)    Revenue Audits, inspections etc.

VAT

(a)   When do I have to register for VAT
(b)   Should I register for Vat
(c)   How is Vat calculated
(d)   What records do I need to keep
(e)   Filing & payment dates for Vat returns

PAYE/PRSI

(a)   When do I have to register as an employer
(b)   What are my responsibilities
(c)   How do I deal with payroll
(d)   Payments of expenses to employees
(e)   Filing and payment dates for PAYE/PRSI

CORPORATION TAX

(a)   Tax consequences of Incorporating my business
(b)   Calculation of Corporation Tax
(c)   Filing & Payments dates for Corporation Tax

I go through the different tax heads as mentioned above, and try to explain the different rules and aspects of tax in simple language that every business person can understand.  Using over 25 years of experience of working at the front line in practice, I can give a unique insight by using my experience of dealing with clients on a day to day basis to help me explain the often difficult concepts and rules.  I often give practical examples from issues that I have encountered in work over the years. I believe that having a distinct qualification in tax provides me with an indebt knowledge of the various business taxes and of the interaction between them, and how a business should plan to be both tax compliant and tax efficient.

I provide course participants with notes, and provide them with information downloaded from the Revenue Commissioners website.  (www.revenue.ie). 

Trainer:

Andrew Kehoe