Section 86(1) of the Workplace Relations Act 2015 came into effect on August 1st 2015. This section makes amendments to the Organisation of Working Time Act 1997 and results in the following changes: Statutory annual leave entitlement accrues during a period of certified sick leave. An annual leave carryover period of 15 months after a...
Read More >To whom it may concern, I would like to strongly recommend to you the services of OPTiM Financial Solutions. I expanded my business in the last six months which required the hiring of extra staff; on the advice of my accountant, I engaged OPTiM Financial Solutions to take care of the payroll matters that...
Read More >Have a look at our latest video on the benefits to businesses of outsourcing their payroll processing OPTiM Outsourced Payroll Video
Read More >Tax relief at the standard rate of income tax (20%) is available for third level education tuition fees which includes the Student Contribution but does not include examination fees, registration fees and administration fees. (more…)
Read More >SURE (Startup Refunds for Entrepreneurs) is a joint initiative of the Revenue Commissioners and the Department of Jobs, Enterprise & Innovation. If you are interested in starting your own company, you may be entitled to an income tax refund of up to 41% of the capital funding that you invest in the company under SURE....
Read More >Employers should note that the Revenue Commissioners have issued new tax credit certificates in recent weeks for certain employees. (more…)
Read More >Ireland has its May Public Holiday on Monday May 4th. Friday May 1st however is a public holiday in many European countries. As a result, May 1st is a non-processing day in the Single European Payments Area (SEPA). This means that payments scheduled for May 1st will not be debited or credited until the next...
Read More >While banks and many businesses close on Good Friday, employers should note that Good Friday is not a designated Public Holiday under the Organisation of Working Time Act 1997. Therefore, additional pay or premium payments are not payable to employees working on Good Friday. Leave taken on Good Friday should be treated as part of...
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