Taxation of Illness Benefit and Occupational Injury Benefit

Until the end of 2017 employers and pension providers were required to include with taxable pay all taxable Illness Benefit and Occupational Injury Benefit payments paid to employees by the Department of Employment Affairs and Social Protection (DEASP).

With effect from 1st January 2018, it is no longer the case. Now Revenue incorporates the taxable element of Illness or Occupational Injury Benefit into employees’ tax credit certificates. This has the effect of reducing Read more

Posted on January 8, 2018 by Mary Flanagan

Changes To Companies Registration Office Filings


Effective from 1st June 2017, Companies Registration Office (CRO) are changing the method by which they will accept submissions of certain documents submitted to the public record. From that date, mandatory electronic filing will apply to the following submissions to be made to the CRO:-

Form B1 – Annual return including financial statements and electronic payment

Form B2 – Change of registered office

Form B10 – Change of director and/or secretary, or in their particulars

Form B73 – Nomination of new annual return date

From 1st June 2017, CRO will not accept versions of the above documentation that are submitted in non-electronic format.

Should you have any queries in relation to the above, please do not hesitate to contact Mary Flanagan of Cooney Carey Consulting for assistance.

What Questions Do You Have?

We are happy to help. Please post your comment below or call Mary Flanagan on 01 677 9000. Alternatively, send us an email:

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Posted on May 10, 2017 by Cooney Carey

Companies Act 2014: Disclosure of Directors’ Remuneration


Directors of companies should ensure that they are aware of the increased disclosure requirements in relation to their remuneration under Companies Act 2014.

Section 305 of Companies Act 2014 covers the disclosure of directors’ remuneration with Section 306 providing some supplemental provisions to Section 305. A considerable change under the new Act relates to group’s. Section 305 requires that company accounts disclosure not only the remuneration received by the director in that company, but also remuneration paid by or receivable from:

  1. The company’s subsidiary undertakings,
  2. Any holding undertaking of the company, and
  3. Any other person

This will increase substantially the disclosure requirements on many group companies.

For smaller entities that are availing of the exemptions to file abridged accounts with the Companies Registration Office, there is now a requirement to include directors’ remuneration in these abridged accounts. Under the old Companies Act this information was not required to be disclosed in the abridged accounts. As the accounts will become publically available once filed with CRO this will be an unwelcomed change for many directors of smaller entities.

Directors should ensure that they review these requirements with their auditors/accountants before filing their next set of accounts with CRO.

What questions do you have?

We are happy to help. Please post your comment below or call Will Townsend (ACA, BBS (ACC), CMC), Audit and Assurance Director at Cooney Carey, on 01 677 9000. Alternatively, send him an email:

If you found this article interesting, please share it with other businesses. 

Posted on November 1, 2016 by Will Townsend

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