Hospitality Sector Must Act Now to Prepare for Pension Auto-Enrolment

HLB IrelandNews

Hospitality Sector Must Act Now to Prepare for Pension Auto-Enrolment Dublin, March 4th – Hotel and hospitality businesses across Ireland are on the clock as the country’s new Auto-Enrolment Retirement Savings Scheme comes into force on 30 September 2025. The scheme introduces mandatory employer contributions and new administrative requirements, marking a significant shift for the sector—particularly for businesses that have never had to manage workplace pensions before. The … Read More

Hospitality Sector Faces Mounting Cost Pressures as Minimum Wage Rises Again in 2025

HLB IrelandNews

Hospitality Sector Faces Mounting Cost Pressures as Minimum Wage Rises Again in 2025Press Release Dublin, March 4th – Ireland’s hospitality sector is under increasing financial pressure following the latest rise in the national minimum wage, which jumped from €12.70 to €13.50 per hour on 1 January 2025. With further increases expected as the government moves towards a living wage of which currently stands … Read More

New Tax Changes for Landlords: Understanding the Residential Premises Rental Income Relief

HLB IrelandNews

New Tax Changes for Landlords: Understanding the Residential Premises Rental Income ReliefRecent tax changes introduced have significant updates for landlords. Here’s an overview: Residential Premises Rental Income Relief (RPRIR): Starting from 2024, individual landlords can claim a tax credit on rental income from residential properties. The annual relief amounts are: €600 in 2024 €800 in 2025 €1,000 in 2026 and … Read More

Revolutionising Finance: How AI is Shaping the Future of the Financial Sector

HLB IrelandNews

Revolutionising Finance: How AI is Shaping the Future of the Financial SectorThe financial sector is experiencing a profound transformation and with the anticipated release of Chat GPT 5, Artificial Intelligence (AI) leading the charge. Technologies like ChatGPT are setting new benchmarks, redefining everything from investment strategies to operational processes. As AI becomes embedded in financial systems, organisations can make sharper … Read More

Ireland’s New Participation Exemption Explained

HLB IrelandNews

Ireland’s New Participation Exemption Ireland’s participation exemption is a landmark development in our tax framework, designed to enhance Ireland’s appeal as a leading global hub for business. This exemption eliminates Irish corporation tax on qualifying foreign dividends and capital gains from substantial shareholdings, offering clarity and certainty to companies with international operations. What Does It Mean for You?The participation exemption … Read More

Auto-Enrolment and Essential Payroll Updates

HLB IrelandNews

Auto-Enrolment and Essential Payroll UpdatesSeveral key changes in employment law come into effect that employers need to be aware of. These updates impact employee benefits, pensions, wages, and compliance obligations. Here’s a summary of the most critical updates here: 1. Changes to Small Benefit Exemption The Small Benefit Exemption limit has been increased to €1,500 from 1st January 2025, allowing … Read More

HLB Strengthens Leadership Team with Four New Director Appointments

HLB IrelandNews

HLB Strengthens Leadership Team with Four New Director AppointmentsDublin, Ireland – 6th Jan 2025 – HLB Ireland, a leading firm of accountants, tax advisors, and business consultants, is pleased to announce the appointment of four new directors, further enhancing its ability to support clients across a wide range of services. The new directors are: George Hardie has been appointed Corporate … Read More

HLB Cyber News Insights January 2025

HLB IrelandNews

HLB Cyber News Insights January 2025 In This Issue: 1. Increase in Cybersecurity Incidents Across Ireland Ireland’s National Cyber Security Centre (NCSC) has reported a marked rise in cybersecurity threats, with 721 confirmed incidents last year. This resulted in 309 investigations, highlighting the increasing need for robust cybersecurity measures across all sectors. Read more on the Irish Examiner   2. … Read More

R&D Tax Credits: Submit Your Claim by 31 December 2024

HLB IrelandNews

R&D Tax Credits: Submit Your Claim by 31 December 2024For tech companies, staying ahead means constant innovation – and that innovation could be worth more than you think. The Research & Development (R&D) tax credit is a powerful incentive to reward companies engaged in qualifying R&D activities. At HLB Ireland, we have worked extensively with the tech sector and understand … Read More

Retiring to Ireland: A Guide for U.S. Citizens

HLB IrelandNews

Retiring to Ireland: A Guide for U.S. CitizensConsidering retirement in Ireland? This scenic and culturally rich country offers a wonderful backdrop for your retirement years. However, moving countries involves intricate tax and compliance planning. HLB Ireland helps U.S. retirees understand and navigate the complex requirements for legally moving to and residing in Ireland. This includes guidance on financial regulations and … Read More