How to use Porter’s Five Forces model to assess your competition
Use Porter’s Five Forces model to assess the overall competitive landscape for your particular market – here is all you need to know. Porter’s Five Forces model is a widely used framework for analysing the competitive environment of a particular industry or business sector. Porter’s Five Forces are five separate factors that can impact business […]
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How to manage the key HR challenges facing businesses
In today’s competitive marketplace, attracting and retaining top talent, fostering employee engagement, and managing workplace diversity can be complex issues that require a strategic approach. To start with, recruiting and retaining talented employees in the current market is a major challenge for many small and medium-sized businesses. While you may not be able to offer […]
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The key filing dates to remember in June 2023
TAX HEAD RETURN PERIOD PAYMENT & FILING DATE Dividend Withholding Tax DWT May 2023 14th June 2023 Professional Services Withholding Tax (PSWT) F30 May 2023 14th June 2023 PAYE/PRSI/USC/LPT Monthly Deductions May 2023 23rd June 2023 Relevant Contracts Tax (RCT) RCT Monthly Return May 2023 23rd June 2023 VAT Monthly VAT3 & Return of Trading […]
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Facility to claim Temporary Business Energy Support Scheme (TBESS) is open
On 29 May 2023, Revenue confirmed that the facility to make claims under the extended Temporary Business Energy Support Scheme (TBESS), in relation to periods from 1 May to 31 July 2023, is now open. The TBESS claim portal can be accessed via the e-Repayments system in Revenue’s Online Service (ROS). Businesses who have already registered […]
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How to manage cyber risks in today’s world
Businesses need to be vigilant and take steps to manage cyber risks effectively. Cyber-attacks are on the increase and it’s not just large, international corporations that are being targeted. As businesses increasingly rely on technology for their day-to-day operations, they are also exposed to new and evolving cyber risks. Cyber-attacks can not only damage a […]
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Chat GPT: What is it and what could it mean for businesses?
Chat GPT is an artificial intelligence technology that has the potential to revolutionise the way businesses operate. It is a state-of-the-art language model that uses machine learning to understand and respond to natural language input. It has been trained on a massive dataset of text, allowing it to generate responses to a wide range of […]
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What is a SAYE scheme?
What is a SAYE scheme? Here is all you need to know. SAYE schemes are a type of shared based remuneration scheme on offer in Ireland which are used as a means of rewarding and retaining employees in a tax efficient manner. There are two elements to a scheme: a save as you earn certified […]
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Take note: The key tax filing dates for May 2023
KEY FILING DATES – MAY 2023 TAX HEAD RETURN PERIOD PAYMENT & FILING DATE Dividend Withholding Tax DWT April 2023 14th May 2023 Professional Services Withholding Tax (PSWT) F30 April 2023 23rd May 2023 PAYE/PRSI/USC/LPT Monthly Deductions April 2023 23rd May 2023 Corporation Tax Preliminary tax Accounting periods ending 30th June 2023 23rd May 2023 […]
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When and how to increase your prices in business
Knowing when and how to increase prices in business is imperative but is now a good time to do so? Inflation has been running high for a while, wages are rising and supply chains are still catching up after the disruption of the pandemic. Many businesses are facing increased costs and many managers are considering […]
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Here is how to create a premium brand
A premium brand enjoys a loyal following and can charge higher prices for their products or services. So, how do you create one? A premium brand is a company, product or service that is perceived to have a higher level of quality, an elevated status or increased value in the eyes of its target market. […]
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