Blog

Merger of two of Kildare’s most respected long-standing accountancy firms

22nd August 2018

We are pleased to announce that Brendan Allen of Allen Morrissey & Co. Accountants & Tax Advisors has agreed to merge his practice with O’KellySutton. The firm will continue to trade as O’KellySutton from Kildare Town. Brendan Allen, Managing Partner at Allen Morrissey & Co. said “the company is very happy to announce the merger…

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How to control fixed costs

14th February 2018

Article by Patrick Sutton, Partner, O’Kelly Sutton, published in The Sunday Business Post 28th January 2018 One of the easiest mistakes any business can make is to let fixed costs creep up over time. Whilst costs are a necessary part of any business, when they get out of control it can have a crippling impact…

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Future-proof your talent base in 2018

14th February 2018

Article by Patrick Sutton, Partner, O’KellySutton in The Sunday Business Post, 28th January 2018 The Irish unemployment rate fell to a nine-year low in November 2017 of just 6.1 per cent. This is expected to fall further in 2018 to close to 5 per cent. It’s getting to the stage where employees can pick and choose who they…

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THE READY BUSINESS PODCAST: Post-budget, is the government doing enough for Irish businesses?

19th October 2017

October 18 2017 12:01 AM On this week’s show, Brian Purcell is joined by economist Jim Power and tax and financial advisor, Pat Sutton, as they discuss whether the government is doing enough for Irish business owners. In the wake of Budget 2018 where the focus has been on health and housing, is there a…

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What does Budget 2018 mean for business?

11th October 2017

In summary a little bit for everyone, a conservative steady budget in many ways with lots more that could have been done. We highlight a number of positives and negatives from Budget 2018. Positives ‘Key Employee Engagement Programme’ (KEEP) provides for additional tax breaks for employees of SME’s receiving share options. This looks like a…

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O'KellySutton delighted to be a sponsor of County Kildare Chamber Awards 2017

25th August 2017
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Pat Sutton appointed as a Director of County Kildare LEADER Partnership

16th August 2017

Pat Sutton is delighted to accept appointment as a director of County Kildare LEADER Partnership. Proposed to the role by County Kildare Chamber Pat hopes to make a positive contribution to LEADER and add his financial expertise to the organisation. Employing over 50 people directly the organisations  principal activity is the administration of several National and…

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Maximise Capital Allowances whilst avoiding the Pitfalls

27th June 2017

Many property owners are currently refurbishing their properties and making significant investments in capital reconstruction, plant & machinery and repairs. The challenge for the property owners is to claim the maximum tax relief through either repairs or capital allowances without getting it wrong. We have advised many property owners on how best to maximise allowances…

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Employment and Investment Incentive Scheme (EIIS)

22nd June 2017

The most recent increases to the EIIS scheme were a step in the right direction. This is a very important tax relief scheme for investors and one that many companies use to raise much needed seed capital. Over the last number of years O’KellySutton have advised and assisted several companies in their quest to raise…

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Investment Properties – Tax and Accounting Top Tips

19th May 2017

Accounting in Corporate Structures Since the introduction of the new financial reporting standard FRS102 in 2015 we have found the accounting treatment of Investment Properties are not being dealt with correctly in many instances. Here are some basic rules to follow when accounting for your investment property this year. You are required to use fair…

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