Tax and VAT course to help start-up businesses

A COURSE being run by Local Enterprise Office Wicklow will provide participants with a clear understanding of their responsibilities to the Revenue Commissioners as a self-employed person, limited company director or partner.

Participants will gain an understanding of how their business fits into the tax and VAT system, a better handle on the advantages and disadvantages of setting up as a limited company, sole trader or partnership, how to make a VAT return, and how to complete self-assessment as a self employed person.

The course lasts for two-and-a-half days and takes place at Wicklow County Campus, Rathnew. It will involve two full days on Wednesday, October 10, and Wednesday, October 17, from 9.30 a.m. to 5 p.m. and a half day on Wednesday, October 24, from 9.30 a.m. to 1 p.m.

The trainer will be Sarah McGuinness, SM Accounting Solutions. Sarah holds a BA (Hons) in Accounting and Finance and first class honours Certificate in Training and Continuing Education from NUI, Maynooth. She is also a chartered certified accountant.

Sarah has 16 years of experience and expertise in class-room training, mentoring, computerised accounting, business set-up and advice, accounts preparation and tax returns and compliance.

The course costs €150 and the maximum number of participants will be restricted to 15.

The Revenue Online System (ROS) will be covered, since it is now mandatory that businesses interact with Revenue Commissioners electronically via ROS.