Business Support

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Small Business Assistance Scheme for COVID

Applications for the Small Business Assistance Scheme for Covid OPENS TODAY 11th March, 2021.  Applications should be made to the Local Authority.  Closing date for receipt of applications is 21st April, 2021. An overview of the scheme is as follows or you can watch the video with full details here the scheme is available to

Once Upon a Pandemic, with Raymond Gibbons

I had the pleasure of talking to Yvonne Reddin, Freelance Writer, Interviewer and Content Creator about how I have been managing throughout the pandemic. Thanks Yvonne for the opportunity. This week is about finance and my guest is Raymond Gibbons ACMA Raymond shares how we can watch our finances while taking care of our businesses. Raymond said

Personal Tax Credits, Allowances & Reliefs 2021

Tax credits are a form of relief offered by the government to reduce the amount of tax you must pay. Every PAYE worker is eligible for these and is guaranteed to receive at least the Personal Tax Credit and the PAYE Tax Credit. Self employed and company proprietary directors are entitled to the Personal Tax

Prepare your business to reopen post COVID

A short video that will give the business owner some great tips and advice for reopening their business post covid. From preparing that cash flow to engaging with staff, suppliers and customers it’s all here.

The Business Owners Quiz….

It’s that time of the year and you are meeting your accountant (via Zoom no doubt). Your accountant is discussing your accounts and using terminology you might refer to as ‘Accountants Speak’. ‘Net Profit’, ‘Gross Margin’, ‘Working Capital’. They sound familiar, but do you fully understand them? Do you fully understand the terms used? Page

Business owners on Lockdown 3: ‘We are tired, fed up, worried and helpless’

We are delighted to have contributed to the Irish Times article today 11.01.2021 on how SME owners are managing through the pandemic. Our contribution is replicated below which I hope find interesting. The article in full is also available on this blog. It’s very interesting to see how various business owners are managing in these

Managing Your COVID Tax Liability

Both the COVID Pandemic Unemployment Payment (PUP) and the Temporary Wage Subsidy Scheme (TWSS) are subject to income tax and USC and the Revenue Commissioners will be in contact regarding any tax liabilities falling due if you were in receipt of these payments. Learn more about how to manage these liabilities here.

BMS Accountants Bookkeeping Services

If you are thinking of outsourcing your bookkeeping then find out why you should choose BMS Accountants. Our fast, efficient and friendly service is delivered by trained professionals ensuring accurate and timely information at cost effective rates.

Welcome to BMS Accountants

Find out more about BMS Accountants and why we are the perfect partners for your business.

13 Week Cashflow

Constructing regular 13 week cash flows is a great way of staying in control of your business. Learn how to construct your very own cash flow with this video tutorial and download the free template here.

Tips For Improving Bookkeeping

Staying on top of bookkeeping is a chore for most business owners. What should be a simple and straight  forward process can become a difficult and time consuming exercise. And in the main this is down to poor  organisation and control.

Time Management

We know the importance of time and how it relates to productivity and efficiency. But how good are you at managing your time? Do you get the most out of your day or leave stressed wishing for more hours to get more done.

Credit Control Policy

The size of the business, the sector it operates in, company or sole trader, it doesn’t matter. All business owners and managers should design and implement a robust credit control policy.

Early Accounts

The advantages of preparing your accounts early are many. But most people running businesses be it sole trader or company, tend to put off having their accounts and tax returns prepared until autumn.

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