Archive for February 2026
Funding Growth in 2026: Grants, Bank Finance and Alternative Options Compared
We believe that access to the right funding at the right time can transform a business. In 2026, Irish SMEs have more funding options than ever before, yet choosing the most suitable route requires careful planning and a clear understanding of the costs and obligations involved.
Grants remai…
Capital Allowances in 2026: Maximising Tax Relief on Business Investments
We believe that well timed investment decisions can significantly improve both operational efficiency and tax outcomes. In 2026, capital allowances remain one of the most valuable tools available to Irish companies seeking to reduce their corporation tax liability while reinvesting in growth…
Read MorePlanning for Expansion: Financial Considerations Before Hiring or Investing
At Garvey Associates we know growth is often seen as a clear sign of success. Increased demand, new opportunities and stronger revenue can create momentum and optimism. However, expanding your business by hiring staff or investing in new assets requires careful financial planning. Without a structur…
Read MoreDirectors’ Responsibilities in 2026: Avoiding Personal Liability Risks
We regularly remind directors that running a limited company does not remove all personal responsibility. In 2026, Irish company law and Revenue compliance standards continue to place clear duties on directors. Failing to meet these obligations can expose individuals to personal liability, f…
Read MoreYear-End Tax Planning Strategies for Irish Companies in 2026
We understand that effective year end tax planning is one of the most valuable exercises an Irish company can undertake. In 2026, with continued scrutiny from Revenue and evolving compliance requirements, proactive planning can protect cash flow, improve tax efficiency and support long term…
Read MoreThe Real Cost of Discounting: Protecting Margins in Competitive Markets
At Garvey Associates we know in competitive markets, discounting can feel like the quickest way to win new customers or secure a sale. Price reductions often generate short term activity, boost turnover and help clear stock. However, many business owners underestimate the true cost of discounting an…
Read MoreProfit vs Cash Flow in 2026: What Irish SMEs Must Monitor Closely
We here at Garvey Associates regularly meet business owners who are surprised to learn that a profitable company can still experience financial pressure. In 2026, understanding the difference between profit and cash flow is more important than ever for Irish SMEs navigating rising costs and…
Read MorePayroll in 2026: Key PAYE and PRSI Updates for Employers
We believe that staying on top of payroll obligations is one of the most important responsibilities for Irish employers in 2026. PAYE Modernisation has firmly embedded real time reporting into everyday operations, and Revenue continues to place strong emphasis on accuracy and timely submissi…
Read MorePreparing for a Revenue Audit: What Irish Businesses Should Have Ready
We understand that the words Revenue audit can cause concern for any business owner. However, an audit does not have to be disruptive if your records are organised and your processes are robust. In 2026, with Revenue continuing to enhance data analysis and digital oversight, preparation is m…
Read MoreHow to Prepare Your Business for a Revenue Compliance Check
At Garvey Associates we know revenue compliance check can feel daunting, particularly for SME owners who are already managing multiple responsibilities. However, preparation and organisation can significantly reduce stress and disruption. With Revenue increasingly using data analytics and real time…
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