Budget 2014 – The wait is almost over
At 2:30pm today the Minister for Finance will rise in the Dail and begin the budget speech. While many tax measures appear to have been leaked in advance such as
Increase in DIRT tax to 41%
Capital Gains Tax and Capital Aquisitions Tax to be increased
Property tax to be doubled as outlined previously
Pension tax relief for higher earnings to capped at 65,000 euro
Taxes on the “old reliables” alcohol, cigarretes and petrol expected to go […]
Ready for SEPA?
Have you decided how you are going to convert all your existing payment details for use with SEPA. This conversion has to be completed before February 1st, 2014.
DEFT from Ardbrook can handle the conversion for you. DEFT will convert Sort Codes and Account Numbers to their corresponding BICs and IBANs. DEFT can also assign a Unique Mandate Reference number to each record along with its Signature Date.
We have converted Standard 18 EMTS files to SEPA XML files for both Debit (SDD) and Credit (SCT) payments. We could do the same for you.
DEFT is […]
Local Property Tax Payroll Changes
We will be releasing an update to the EuroPayX and Payday payroll software in the next few weeks which will allow employers to comply with the changes for the collection of local property tax via the payroll.
NoSQL
As many of you will no doubt know, the NoSQL technology has been steadily gaining ground as organisations move to super fast and highly flexible technologies for their web solutions. These organisations include some huge names such as Google, Facebook, Amazon, eBay and many more.
So why do I mention this on a blog about Ardbrook Software?
Well, NoSQL is now being referred to as ‘No’ SQL and also ‘Not Only’ SQL and the MultiValue Database system we use in EuroPayX payroll, fits very nicely into the second camp. Not only do we have a flexible, scalable and fast multi-dimensional […]
Ready for SEPA?
Ardbrook’s new SEPA product, called DEFT, has produced SEPA XML files for both Debit (SDD) and Credit (SCT) transactions that have been tested and approved by the major Irish Banking groups.
DEFT is available now. To find out more contact us by email at sepa@ardbrook.ieor by phone at (01) 8382921
SEPA is Coming!
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Effective from February 1st 2014, the existing Irish EFT scheme (Standard 18) for handling Credit Payments and Direct Debits will be replaced by a new European wide scheme known as SEPA.
Some key differences […]
DEFT our new SEPA Software
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Ardbrook will soon be launching its new product to handle the requirements and controls imposed by the new SEPA standard for transacting both Credit Transfers (SCT) and Direct Debits (SDD). Our new EFT product for handling transactions […]
Budget 2013 – Advance Notice of PRSI Changes
The Advance Notice of PRSI Changes for Computer Users 2013 is now available on welfare.ie at
http://www.welfare.ie/EN/Publications/Advanced2013/Documents/anprsi2013.pdf
Budget 2013 – BIK on preferential loans
Increase from 12.5% to 13.5% in the specified interest rate used in calculating the taxable benefit from preferential loans, other than home loans. The specified rate used to calculate the taxable benefit from home loans is decreased from 5.0% to 4.0%. Specified interest rates are reviewed annually in the light of current interest rates available in the market.
Budget 2013 – PRSI and USC Changes
The abolition of the standard PRSI allowance means most workers will pay an extra €264 a year. The minimum contribution from the self-employed will rise from €253 to €500.
The reduced rate of USC for those over 70 with an income in excess of €60,000 will be discontinued at the end of the year.