If you are thinking about planning a short break, or if you just can’t wait to have a day off work again, you may be interested in all of the Bank Holidays and Public Holidays in Ireland for 2019: Sunday, 17 March – St Patrick’s Day Monday, 18 March – Bank Holiday * Friday, 19 April – Good Friday * Monday, 22 April – Easter Monday Monday, 6 May – May Day Monday, 3 June – June Bank Holiday Monday, 5 August – August Bank Holiday Monday, 28 October – October Bank Holiday Wednesday, 25 December – Christmas Day Thursday, 26 December – St Stephen’s Day Friday, 27 December – Bank Holiday * Wednesday, 1 January 2020 – New Year’s Day * Bank Holidays are not automatically Public Holidays There are 9 public holidays in Ireland every year, that celebrate a special day, such as St Patrick’s Day, or Easter. On these days, some businesses close. It is important to note that Good Friday is not a public holiday – some businesses do close but there is no automatic entitlement to paid time off work on that day. Most employees are entitled to paid leave on public holidays, unless they are part time and have not worked for their employer for at least 40 hours in total in the 5 weeks before the public holiday. If you are entitled to the benefit of the public holiday, you should receive one of the following: • A paid day’s leave on the day of the public holiday. • An additional day’s pay • An additional day of paid annual leave If you are a part time worker and have worked for your employer for at least 40 hours in the 5 weeks before the public holiday, the following rules apply: • If the public holiday falls on a day you normally work, you are entitled to a day’s paid leave. • If you are required to work that day, you are entitled to an additional day’s pay. • If you do not normally work on that day, you should receive an additional 1/5 of your normal weekly pay as compensation for the public holiday. • If you don’t have set weekly hours, you are entitled to 1/5 of your average weekly pay, calculated over the 13 weeks you worked before the public holiday. You should always ensure that your payroll provider is fully aware of the hours and days that your employees work, in order that they can accurately advise you on your employee’s entitlements. Please contact our payroll team for more information. payroll@fdw.ie Jane Jackson Tax Manager +353 42 933 9955 janejackson@fdw.ie #2019 #Payroll

Cross-border traders can now avail of two vouchers from InterTradeIreland. The first voucher – ‘Planning Voucher’ – provides 100% financial support up to £2,000 / €2,250 (inclusive of VAT) towards professional advice to help businesses to identify Brexit exposure and to plan. This includes issues such as customs requirements and supply chain exposure, VAT and financial implications, as well as understanding complex tariff codes. The second voucher – the new ‘Brexit Implementation Voucher’ – provides financial support up to £5,000 / €5,625 (inclusive of VAT), with InterTradeIreland paying 50%. This will allow businesses to implement critical changes making them better prepared to deal with a new trading relationship. UHY FDW are Brexit Service Providers InterTradeIreland launched the Brexit Advisory Service to assist SMEs to navigate the uncertainties caused by Brexit and to become better equipped to manage the potential impact it may have on their business by providing free, impartial, independent and up-to-date Brexit-related information to any business located in Northern Ireland or Ireland. The Brexit Advisory service currently offers information and support in a variety of ways including their start to plan vouchers. Contact us to find out how you can benefit from the Start to Plan Vouchers. Gareth Evans Practice Director +353 42 933 9955 garethevans@fdw.ie #2019 #Brexit #GrantScheme #UKNI

In our Spring 2019 issue: This season’s issue contains various interesting tax articles including: Writing Off Directors’ Loans: Taxing Times! IHT and Holiday Lettings: A (Rare!) Business Property Relief Succes HMRC Enquiries: How To Keep Private Records Private! Read the Spring Newsletter #2019 #UKNI

As the countdown to Brexit continues, UK businesses need to prepare for all possible outcomes. There is still uncertainty around what Brexit will mean and planning for what may still potentially be a “No Deal” scenario seems sensible right now. The Government has published guidance: “UK government’s preparations for a “No Deal” scenario” and it continues to provide updates on how to prepare for the event. See Gov.uk Cross-border traders can now avail of two vouchers from InterTradeIreland – the ‘Planning Voucher’ and the new ‘Brexit Implementation Voucher’ . Businesses that buy and sell from and to the EU including Ireland should have contingency plans in place which will need to be flexible to cope with a variety of possible outcomes. In the event that the UK exits the EU without a deal, either from 11pm GMT on 29 March 2019 or at a future date, many UK businesses will need to apply the same processes to EU trade that apply when trading with the rest of the world. Brexit requires you to have a good think about your future strategy planning. Take some time to think about what needs to be done sooner rather than later. Whether there is a “No Deal”, a brief delay in the UK’s departure, a “Deal” or a longer period of transition we advise all businesses to research all scenarios and “plan for the worst but hope for the best”. We have a more comprehensive “No Deal” Brexit planning checklist available for clients which you can download here – Brexit Ready Checklist UK We also have a Brexit Ready Checklist – Ireland version which you can get here Contact us to discuss your next steps. Read about the InterTradeIreland Start to Plan Vouchers Gareth Evans Practice Director +353 42 933 9955 garethevans@fdw.ie #2019 #Brexit #BusinessAdvisory

Ireland will be the EU Member State most affected by the UK’s decision to leave the European Union and we need to recognise that this is happening – the UK is leaving the EU and some things are going to change. Businesses that buy and sell from and to the UK should have contingency plans in place which will need to be flexible to cope with a variety of possible outcomes. There is still uncertainty around what Brexit will mean and planning for what may still potentially be a “No Deal” scenario seems sensible right now. The Department of Foreign Affairs and Trade have put in place a number of supports to help businesses of all shapes and sizes across all sectors of the economy. See the Department of Foreign Affairs for further details. Cross-border traders can now avail of two vouchers from InterTradeIreland – the ‘Planning Voucher’ and the new ‘Brexit Implementation Voucher’ . If a ‘No Deal’ still happens after March 2019 here are some of the areas you should consider: The UK will become a “3rd Country” for customs purposes as it will be outside the EU. Ensure you understand the basic principles underpinning and requirements of customs formalities for non-EU trade and how and where they apply, including import, export and transit formalities. For some businesses this will be new, so check out the Customs Brexit Information Seminar slides. If you trade regularly with the UK then you should consider an Economic Operators Registration and Identification (EORI) number and also register for Authorised Economic Operator (AEO) status which enables “Trusted” businesses to simplify their customs procedures. See Revenue for more details. In the event of “No Deal” all exports and imports to the UK may be subject to tariffs under the rules of the World Trade Organisation (WTO) despite what the UK have initially suggested. You will need to identify where “inputs” come from and which categories of product they fall into so you can work out the tariffs that will apply. If you have contracts with UK companies these may need to be redrafted to clarify the terms for trade, including VAT ans Customs changes. Enterprise Ireland has some further guidance . What’s clear is that Brexit requires you to have a good think about your future strategy planning. Take some time to think about what needs to be done sooner rather than later. Whether there is a “No Deal”, a brief delay in the UK’s departure, a “Deal” or a longer period of transition we advise all businesses to research all scenarios and “plan for the worst but hope for the best”. We have a more comprehensive “No Deal” Brexit planning checklist available for clients which you can download here – Brexit Ready Checklist Ireland We also have a Brexit Ready Checklist – UK version which you can get here Contact us to discuss your next steps. Read about the InterTradeIreland Start to Plan Vouchers Gareth Evans Practice Director +353 42 933 9955 garethevans@fdw.ie #2019 #Brexit #BusinessAdvisory #UKNI

In this issue we give you a free download with our Tax Booklet 2019, information on the InterTradeIreland Start to Plan vouchers and details of our new referral competition. If you have any queries please feel free to contact a member of Our Team . Download Sign up to our Newsletter #2019

* This Competition is now closed* Congratulations to our winners: Paul Dolan – Referral Competition Rachel McKeown – Employee Referral Competition Win a trip for 2 to Carré Marine, on the edge of Cannes Marina, France and stay in a beautiful apartment for 1 week with return flights included. To enter all you have to do is contact us directly with a referral – a new contact, that results in a preliminary meeting. We will then enter you into our draw. Contact us to make a referral today. Alan Farrelly Managing Director +353 42 933 9955 alanfarrelly@fdw.ie Terms & Conditions Competitions are open to Republic of Ireland and Northern Ireland residents aged 18 and over, with the exception of employees and their immediate families of UHY Farrelly Dawe White Limited, or anyone else professionally connected with the Promotion. Opening date is Tuesday 19 February 2019 and closing date is 02 May 2019. Referrals made after this final closing date will not be included in our draw. The prize is non-transferable. There is no cash or other prize alternative. In the event of cancellations, there will not be a refund of the prize value. No cash in lieu. By participating in UHY Farrelly Dawe White Limited promotions and competitions, you agree to be bound by the terms and conditions. Winners will be chosen at random from the draw from those who have correctly submitted their entry. Draw will take place on 03 May 2019 and the winners will be contacted directly. UHY Farrelly Dawe White Limited reserves the right to withdraw or amend this competition in the event of any unforeseen circumstances outside their reasonable control. Decisions of UHY Farrelly Dawe White Limited are final and no correspondence will be entered into. UHY Farrelly Dawe White Limited reserves the right to draw an alternative winner in the event that we believe that any winner has contravened any of these terms and conditions. UHY Farrelly Dawe White Limited reserves the right to draw an alternative winner in the event that no contact has been made within a 24 hour period. UHY Farrelly Dawe White Limited are not liable for any loss, damage or injury that might occur to the winner resulting from his or her acceptance of the promotion or prize. Entry into this competition will be deemed to be a full and unconditional acceptance by the applicant of the Terms and Conditions of this competition. A failure to adhere to these Terms and Conditions may result in disqualification from the competition and, if applicable, forfeiture of the prize(s). Entrants are deemed to have accepted these Terms and Conditions by participating in this competition. The Promoter reserves the right to seek and issue publicity on behalf of the Entrants. By entering the promotion, the Entrants agree to participate in publicity as reasonably requested surrounding the promotion. Proof of identity may be called for before the prize is awarded as a proof of age. #2019 #UHYFDWTeam

InterTrade Ireland – Brexit – Start to Plan Vouchers Are you a business looking to navigate your way through Brexit and are unsure what to do next? InterTradeIreland offers financial support up to £2,000 / €2,250 (inclusive of VAT) towards professional advice in relation to Brexit matters. This support can help your business get advice on specific issues such as movement of labour, goods, services and currency management. UHY FDW are Brexit Service Providers InterTradeIreland launched the Brexit Advisory Service to assist SMEs to navigate the uncertainties caused by Brexit and to become better equipped to manage the potential impact it may have on their business by providing free, impartial, independent and up-to-date Brexit-related information to any business located in Northern Ireland or Ireland. The Brexit Advisory service currently offers information and support in a variety of ways including their start to plan vouchers. Contact us to find out how you can benefit from the Start to Plan Vouchers. Gareth Evans Practice Director +353 42 933 9955 garethevans@fdw.ie #2019 #Brexit #GrantScheme #UKNI

This free download contains the most up to date and comprehensive tax advice in areas such as Income Tax, Corporation Tax and VAT. If you have any queries please feel free to contact a member of our Tax Team . Download #2019 #BusinessGuide #TAX #Tax2019

In this issue of UHY Global we look in detail at: CAN ARTIFICIAL INTELLIGENCE HELP TO MAKE THE WORLD A BETTER PLACE AND IF SO HOW? EASTERN PROMISE – Business with China is booming and changing… LUXURY AT ANY PRICE – what can we learn from the high end brands and how should we adopt their philosophy SUN, SEA AND CITIZENSHIP – do ‘Golden visas’ make sound economic sense? View UHY Global Issue 7 #2019 #BusinessAdvisory #UHYGlobalIssue

The hospitality VAT hike is effective from 1 January 2019 and hotels, restaurants and hairdressers are among those affected. You may have noticed an increase on the cost of your morning coffee this year. VAT was temporarily reduced to a 9% VAT rate for hotels, restaurants and hairdressing in 2012. In the 2019 Budget, the Minister of Finance increased the 9% rate of VAT to 13.5% for hotels, short term guest accommodation, restaurants, cinemas, theatres, hairdressers and barbers, museums and art galleries, and customers have been noticing the increase this month. If your business is one of the above trades, you should therefore apply 13.5% VAT to your sales (if applicable) with effect from 1st January 2019. If you have any queries, please contact a member of our Tax Team Jane Jackson Tax Manager +353 42 933 9955 janejackson@fdw.ie VAT is charged at different rates from 0% to 23% depending on the goods or services you provide. Find out more from Revenue.ie #2019 #BusinessinIreland #TAX #Tax2019

In our Winter 2018 issue: Too Late to Claim? Not Necessarily Plus some case studies on Personal Tax, Business Tax & Property Tax questions. Read the Winter Newsletter #2018 #UKNI