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A friend of yours, John currently works for a computer software company. He is considering leaving his job to start his own business (as a sole trader) manufacturing specialist silicon computer chips. John has never run his own business before and knowing that you are studying tax he has turned to you for advice in relation to his tax obligations. He expects his sales turnover to be approximately €150,000 in the first twelve month...
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John and Nessa McAntee have recently set up Hublocal, a build and design digital hub company. There is growing demand from the private sector for their new enterprise and to date they have signed contracts to design and construct one hub in Waterford city and one in Dungarvan. They lost out on two further contracts to new competitors mainly on price. They want Hublocal to have a reputation for quality an...
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