Archive for October 2026
The Close Company Surcharge: What Irish Company Owners Should Check Before Year End
We here at Hughes & Co know that many Irish company owners are surprised to discover that keeping profits inside their company can sometimes lead to an extra tax charge. The close company surcharge is one of the less familiar areas of Irish tax, yet it affects a large number of owner-managed busines…
Read MoreRaising Investment Through EIIS: How Irish SMEs Can Attract Investors With Tax Relief
At Hughes & Co we believe that access to funding is one of the biggest challenges facing ambitious Irish SMEs. Bank lending is not always the right fit for a growing business, and giving away equity can feel daunting. The Employment and Investment Incentive Scheme, commonly known as EIIS, offers a v…
Read MoreEnergy Upgrades and Solar Panels: The Tax Reliefs and Supports Available to Irish Businesses
We here at Hughes & Co know that energy costs have become one of the most significant overheads for many Irish businesses. Whether you run a shop, a hotel, a factory, a farm or an office, rising electricity and heating bills can quietly erode your margins. Investing in energy upgrades and solar pane…
Read MoreAdopting AI in Your Business: Top 5 Financial Questions Irish SMEs Should Ask First
At Hughes & Co we believe that artificial intelligence offers Irish SMEs a genuine opportunity to work smarter, save time and compete more effectively. From drafting documents and answering customer queries to analysing data and automating routine admin, AI tools are becoming more accessible every m…
Read MoreMade a Tax Mistake? How Revenue’s Disclosure Rules Can Help Reduce Penalties
We here at Hughes & Co know that even the most conscientious business owners can make mistakes with their tax affairs. A VAT rate applied incorrectly, an expense claimed in error, income left off a return or a payroll calculation that went wrong can all happen in a busy business. Discovering a mista…
Read MoreRemote and Hybrid Working: The Tax Rules Irish Employers Should Understand
At Hughes & Co we believe that remote and hybrid working is now a permanent part of how Irish businesses operate. What began as an emergency measure has become an expected benefit for many employees, and a valuable tool for employers competing for talent. Yet working from home brings its own set of…
Read MoreChristmas Trading: Top 5 Cash Flow Checks for Irish Retail and Hospitality Businesses
We here at Hughes & Co know that for Irish retail and hospitality businesses, Christmas can make or break the year. December often brings the busiest weeks of trading, the highest takings and a welcome boost to confidence. Yet it can also hide cash flow problems that only surface in January, when ti…
Read MoreCapital Gains Tax Before 15 December: Top 5 Points Irish Business Owners Should Know
At Hughes & Co we believe that good timing is one of the most valuable tools in tax planning, and nowhere is that more true than with Capital Gains Tax. If you have sold or given away an asset this year, or are planning to before the end of 2026, the next few weeks matter. Whether it is shares in a…
Read MoreBudget 2027: Top 5 Actions Irish SME Owners Should Take Now the Measures Are Known
We here at Hughes & Co know that once the speeches are over and the headlines fade, the real work of Budget Day begins. Budget 2027 has now been delivered, and months of speculation have been replaced by actual measures that will shape the costs, tax bills and opportunities facing Irish businesses n…
Read MoreCompany Cars and Benefit in Kind: What Irish Directors Should Consider Before Changing Vehicle
We here at Hughes & Co know that for many Irish business owners, changing the company car is a decision made on instinct: the old car is getting tired, a new model catches the eye and the deal seems too good to miss. Yet the choice of vehicle, and how it is provided, can have a significant effect on…
Read More