Practical Customs Costs and Burdens
Effect of Post-Brexit Customs Brexit is likely to dislocate existing EU trade with other EU states significantly. The barriers and ...
Author Archives: Paul McMahon
Customs Procedures
Customs Processes Every import of goods from the EU into the UK will first require an exit notice and export declaration to the customs ...
Agricultural and Food Products
EU Rules The general customs regimes apply in the area of food products, live animals and plants. However, significant additional ...
Incorporation in Ireland
Irish Company Law Irish company law is very similar to UK company law. It was modernised in 2014. The legislation has many parallels ...
Single Market Rights
EU Single Market Access The key EU service providers’ rights are conferred on EU citizens. EU citizens are citizens of EU member ...
Directors’ Duties
Responsibilities Company directors have a range of general and specific obligations. Many of the core duties, which were formerly found ...
Losses
Losses A trading loss incurred in an accounting period may be offset against trading profits which have arisen in the same period. The ...
Pensions
Occupational Pension schemes The treatment of pension schemes is broadly similar to that which formerly applied in the United Kingdom. ...
PRSI / USC
Universal social charge The universal social charge was introduced during the financial crisis to raise additional revenue. It applies ...
Corporate and Personal Tax
Rates In the absence of other considerations, Irish companies are subject to tax at 12.5% on their profits. Individuals are subject to ...