Should you operate as a sole trader or a limited company?

It depends on your business needs and preferences. Operating as a sole trader offers simplicity, but a limited company provides legal separation between personal and business finances. Our experts can assess your situation to help you make an informed decision.

How do you set up a limited company?

Setting up a limited company involves registering with the Companies Registration Office (CRO). Our team can guide you through the process, ensuring all legal requirements are met, including drafting the necessary documents and submitting them to the CRO.

What taxes do self-employed people pay?

Self-employed individuals in Ireland are typically subject to Income Tax, Universal Social Charge (USC), and Pay Related Social Insurance (PRSI). Our tax specialists can help you understand your specific tax obligations and optimize your financial position.

What taxes do companies pay?

Companies in Ireland are liable for Corporation Tax on their profits. Additionally, they may be subject to other taxes and duties. Our experienced team can provide comprehensive advice on managing your company's tax obligations efficiently.

Can I pay myself a salary?

Yes, as a company director, you can pay yourself a salary. Our accounting experts can assist you in determining a suitable salary structure, ensuring compliance with tax regulations and maximizing tax efficiency.

Do I have to register for VAT?

Depending on your business turnover, you may be required to register for Value Added Tax (VAT). Our VAT specialists can guide you through the registration process and help you understand your ongoing VAT responsibilities.

Do I need to register with the RBO?

Yes, companies are required to register beneficial ownership information with the Registrar of Beneficial Ownership (RBO). We can facilitate the registration process and ensure your compliance with legal obligations.

What are my responsibilities as a company director?

Company directors have various legal and fiduciary responsibilities, including financial management, compliance with laws and regulations, and acting in the best interests of the company. Our experts can provide guidance on fulfilling your duties effectively.

What does a company secretary do?

A company secretary handles administrative and regulatory tasks, ensuring compliance with company law. They assist in maintaining statutory records, organizing meetings, and fulfilling filing requirements. Our team can provide comprehensive company secretarial services to meet your needs.

Get in touch

Phone: 085-134 5178

Email: info@lwaccountants.ie

Lorraine Whyte Accountants Ltd

Experts in Personal & Corporate Accounting Services in Dublin

Providing Tailored Accounting Solutions for Individuals & Businesses

PERSONAL ACCOUNTING

Unparalleled Personal Financial Management

Whether you're planning for the future, managing investments, or navigating tax implications, our personal accounting services ensure that your financial goals align seamlessly with your lifestyle.

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CORPORATE ACCOUNTING

Strategic Financial Leadership for Your Business

Unlock the full potential of your business with our comprehensive corporate accounting services. We're here to streamline your financial processes, allowing you to focus on what you do best – growing your business.

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Chartered Certified Accountants

Lorraine Whyte Accountants Ltd have played a pivotal role in assisting a multitude of businesses and individuals in unlocking their complete potential, fostering growth, and securing the longevity of their enterprises. Our commitment to excellence and personalised service sets us apart.

At Lorraine Whyte Accountants, we don't just see ourselves as financial professionals; we see ourselves as partners in your success story. Our team welcomes the prospect of extending our expertise to you, offering dedicated and comprehensive services that go beyond mere numbers. Let us be the catalyst for your financial success.

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About us

What we value at Lorraine Whyte Accountants?

The best reason to choose Lorraine Whyte Accountants is our service offerings, resources, experience working with every business sector in Ireland and the highest standards of technical excellence.

Understanding

Years of Experience

Our 15+ years of combined experience put you in safe hands. Our pursuit for excellence in our accounting services never ends.

Connection

Client Relationships

We will be with you every step of the way - from professional advice to goal setting to execution of strategies and policies.

Qualifications

Accounting Specialists

Our team of Chartered Accountants deliver a premium package of services to both established and start-up businesses.

Our Services

We can assist you with your personal accounting and business accounting needs, including sole trader accounts, bookkeeping, VAT returns, payroll services, management accounts, and company secretarial services.

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Sole trader Accounts

Managing your sole trader accounts has never been easier. Our experts ensure accurate and timely reporting, giving you peace of mind as you focus on your business.

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Bookkeeping & VAT Returns

Stay organised with our precise bookkeeping, freeing you to focus on business growth. Let us ease VAT compliance stress with efficient return services, ensuring accurate reporting.

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Company Accounts

Efficiently manage your company's accounts and financial workflows with our professional solutions. Regardless of whether you're a start-up or an established enterprise.

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Payroll Services

Ensure your employees are paid accurately and on time with our comprehensive payroll services. Compliance and efficiency stand at the forefront of our payroll solutions.

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Management Accounts

Acquire valuable insights into your business's financial health with our detailed management accounts. Make informed decisions and guide your company towards success.

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