Book-keeping in Ireland - The Book-keepers Forum (UK)

philippawatt · Member

Book-keeping in Ireland

Accountsguy · Moderator

Hi Philippa

There are a few differences you will need to keep in mind, the main ones being VAT, Statutory Info and Tax.

If your Irish client is VAT registered and you will be preparing VAT returns for them, you will need to remember that the standard rate of VAT in Ireland is 21% compared to the UK which is 17.5%. There are also reduced rates of 13.5%, 4.8% or 0%, again compared to the UKs 5% or 0%.

Companies in the Republic of Ireland are registered at the Companies Registration Office (not Companies House as in England & Wales). Therefore if you will be preparing the annual accounts or keeping the statutory records, annual returns will need to be sent there instead. You may also notice Teoranta (Teo) at the end of a companys name. This is just the Irish version of Limited (Ltd).

The tax rates in Ireland are lower than in the UK. Also the personal and company allowances are different too. You can find a list of the relevant rates at: www.revenue.ie.

If you are just doing basic book-keeping work, and your Irish client has an Irish accountant, then just bring the books up to Trial Balance as you would with a UK company.

Best of luck

Guy

-- Edited by Accountsguy at 09:33, 2007-07-17

philippawatt · Member

Thanks for that, I have just been looking on the Irish Revenue website, it's more helpful and easier to navigate round that than ours!!

Elante · Newbie

Buhalterines paslaugos Vilniuje, mes orientuojams aukt kokyb prieinamomis kainomis.

Wella · Expert

Hello Elante

Any chance of an English translation, my Lithuanian isn't very good

Thanks

Shamus · Forum Moderator & Expert

Hi Bill,

it translates as "Accounting services in Vilnius, we orient Cancel quality at affordable prices".

Courtesy of Google translate.

So if you want your quality canceled accept no substitute!

Thai translations are especially brill. All the right words but not necessarily in the right order.

Shaun.

Wella · Expert

Just tried Google Translate on the Elante website.

For makes of reading amuse!!

Saskaita

I think that means Bill as in invoice or receipt though

-- Edited by Wella on Friday 12th of February 2010 02:56:00 PM

Neil · Senior Member

Does the translator say what the Lithuanian is for spam? Could be a useful word.

Cheers
Neil

Shamus · Forum Moderator & Expert

Why? Not thinking of doing an old Monty Python routine in Lithuanian are you Neil? lol

Seems to be a lot of it over the last few days. Worst case was the one on Friday that posted their tenuous link on around ten posts in as many minutes.

Most out of character Bill and myself seemed to turn on like a couple of rabid dogs!

Hope you had a good weekend Neil.

Talk later,

Shaun.

Neil · Senior Member

Now there's an idea!

The weekend went well. I hope yours did too?

When I wasn't treating my wife like the princess she is, I was working through the Sage book you recommended.

It's going very quickly actually and I wonder whether it's not too easy. Maybe I'll have to get another book to get me to exam level...

Cheers

Neil

Shamus · Forum Moderator & Expert

Hi Neil,

It was a good one cheers, just playing with my son though rather than anyone of the fairer sex (Sue & Lorraine are letting me down big time there).

I think that it's a case that everything's easy when you know how to do it.

I'm going quite slowly through the Sage level III self study course and practicing a few things of my own as well as their exercises at each stage.

Now got the 180 day trial on two machines without a problems. (It was just too slow on the laptop and I'm not the most patient person in the world!).

When I put the software onto the main desktop it reverted to 180 days remaining so suspect that the trial could actually be infinite (providing that your adept at cleaning up the windows registry) until you register the software in order to take the certification.

Mind you, don't think that it will take a week let alone twenty six to get to the stage of being ready to take the certification.

Be interested to hear from anyone whose actually taken the sage certifications to know what they're actually like?

Talk later,

Shaun.

Neil · Senior Member

Hi Shaun

Interesting comment about the 180 day thing with Sage. If it's as simple as that then CCleaner could probably buy yo and extended training course...

I did wonder about that; they can hardly write anything back to the CD so, even without a registry clean up you could have a 180n day trial where n is the number of computers you have.

Cheers
Neil

-- Edited by Neil on Monday 15th of February 2010 02:20:25 PM

Shamus · Forum Moderator & Expert

But I noticed that during installation the software goes online so I just assumed that it self registered that it had already been installed.

Apparently not!

The V14 software that came with it is so different to my V10 that I've put Level I and II 2009 and level I and II 2010 in my Amazon saved for later list.

The intention is that I pass each of the three levels using different versions of the software all dependent of course as to which version of the course becomes cheapest fastest! (the £24.95 that I paid for 2008 level III seems a good benchmark to me).

Talk later,

Shaun.