Business start up calculator – covering all costs
Nolan & Associates Business Start up calculator
It’s amazing what cost’s slip your mind when budgeting for a new company startup. Many items are negotiatable in this economy but it’s still important to ensure that all basis are covered.
Nolan & Associates have created the business startup calculator – Let me know if we’ve missed anything?
New Standard VAT Rate – 21.5% from 1st December 2008
- Starndard rate of VAT changed
The new Value Added Tax standard rate comes into force today – the 1st of December 2008.
Budget 2009 brought in the rate change which involves an increase in the standard rate of VAT from 21% to 21.5%. Services subject to VAT at 13.5% are not affected by the change.
VAT invoices issued should now show the 21.5% rate (after December 1st) and the 21.5% rate should be applied even if services have been provided before the vat change date.
To help give you an idea of how the standard Vat rate increase will affect you currently – Nolan & Associates have updated their VAT Calculator which is available in the tools section at http://www.nolanassociates.com.
For further information the Revenue have issued a leaflet which is available online at http://www.revenue.ie/leaflets/vat_ratechange_budget2009.htm
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