SERVICES

McHugh Kinsella Ltd provides a full range of financial, advisory and accountancy services including business start-ups, bookkeeping, payroll services, accounts preparation, audit, taxation, business advice, company secretarial services, insolvency and liquidations.

All our clients, individuals and corporate entities, benefit from our tailor-made solutions provided by experienced professionals with genuine commercial understanding.

There is much more to an audit than the annual year-end and compliance visit. Our audit team of qualified professionals specialises in meeting all audit requirements in the most efficient and timely manner while ensuring that client needs are satisfied and the disruption to day-to-day business of the company is minimal. We tailor our audit approach to meet the size and nature of the business of the entity to provide the most efficient and time saving service. We work closely with clients to familiarise ourselves with the specific business, client’s accounting systems, controls and procedures.

While carrying out the audit, our team completes a detailed analytical review of the business and identifies any potential problem areas. At the end of each audit, we prepare a detailed Audit Management Letter identifying any issues or areas which may need improvement providing our clients with an opportunity to improve their systems, controls and financial performance.

Our audit services include:

  • Statutory Audit
  • Internal Audit
  • Systems & Control Review
  • Grant Audit
  • Audit for Property Management Companies

Modern business demands up-to-date and accurate financial information. We assist with the preparation and interpretation of annual financial statements and periodic management accounts for taxation, business appraisal and planning purposes.

McHugh Kinsella Ltd provides accountancy services to many local and international clients who benefit from our in-depth knowledge of numerous computerised accounting software packages. We understand that every business is unique and we can help you identify and implement the most appropriate and beneficial accounting system for your entity. We are always available to provide additional advice and support when needed.

Our accounting services include:

  • Preparation of annual statutory financial statements
  • Preparation of abridged financial statements for the Companies Registration Office
  • Preparation of management accounts
  • Preparation of financial reports and analysis for various institutions
  • Implementation of computerised accounting software

McHugh Kinsella Ltd provides a full range of personal and corporate taxation services including taxation compliance and planning. While you focus on managing your business we will help you meet all the deadlines and organise your tax affairs in the most efficient way.

Tax Compliance

Our services include:

  • Preparation and filing of Income Tax returns including property rental accounts, self- employed revenue accounts, dividend and interest schedules
  • Preparation and filing of Corporation Tax returns
  • Preparation and filing of Capital Gains and CAT returns
  • Preparation and filing of VAT and PAYE returns

Tax Planning

We are always alert to tax planning opportunities for our clients and will always be proactive in seeking to minimise taxation liabilities where possible.
Since most business decisions have taxation consequences, we work with clients to arrive at the best options for them.

Revenue Audit

If selected for Revenue Audit we will meet with Revenue to represent and assist you throughout the audit process.

Because of our diverse range of clients and business experience we are uniquely placed to give advice in relation to business profitability, working capital and planning for growth.

We can assist and advise you in the following areas:

  • Business decision making
  • Purchase/Sale of a business
  • Business Planning
  • Cash Flow Forecasting
  • Management Reporting
  • Succession Planning

McHugh Kinsella Ltd specialises in the business of turnaround and insolvency. We carry out formal appointments in Examinership, Receivership (both corporate and individual) and Liquidations.

Cathal McHugh has vast experience in the area of liquidation and insolvency services with more than 150 appointments completed. It means that when he meets the directors of a company thinking about liquidation, he can identify the important issues sooner. Cathal will personally advise and assist you through the whole insolvency process. In cases where the company is no longer viable, he will fully inform you of your statutory compliance and your obligation to creditors.

Our services are focused on producing the best outcome for creditors and owners or individuals in circumstances that are always trying. There are many methods of winding up a business and we will ensure that the optimal solution is selected for you.

Our services include:

  • Independent Business Reviews
  • Turnaround and Restructuring
  • Examinerships
  • Receiverships
  • Liquidations
  • Personal Insolvency

All registered companies are required to comply with Company Law obligations and fulfil their statutory duties in a timely manner. Our company secretarial division has vast experience in all areas of company secretarial work and will help you meet your statutory compliance needs.

Our services include:

  • Company incorporations and registrations
  • Registering business names
  • Preparation and filing of annual returns and other statutory forms (directors, shareholders and registered office changes)
  • Shares issues and transfers
  • Maintaining statutory records
  • Provision of Registered office
  • Voluntary dissolution of companies

Maintaining the company’s books and records and administering your payroll in-house can be a very difficult, costly and time consuming task. Taxation laws and employment legislation are changing on a regular basis. Keeping up to date with those changes can be very daunting when trying to manage and grow your own business. Our firm will allow you to focus on your expertise while we will look after bookkeeping and payroll requirements of your business.

Our bookkeeping services include:

  • Maintaining proper books of account
  • Preparation of bank reconciliations
  • Preparation and filing of VAT returns
  • Maintenance of Accounts Payable – we can keep a record of amounts owed by the business each month
  • Maintenance of Accounts Receivable – we can keep a record of amounts due to your business each month
  • Preparation and filing of RCT Returns
  • Preparation and filing of Intrastat Returns
  • Preparation of management accounts

Our payroll services include:

  • Preparation of weekly, fortnightly and monthly payslips
  • Provision of payslips in the format specified by client
  • Registration of new employees and obtaining tax credit certificates
  • Preparation of P45s for employees that leave
  • Preparation and filing of monthly, bi-monthly or quarterly P30 returns
  • Preparation and filing of annual P35 returns
  • Provision of payroll reports tailored to individual requirements
  • Advice regarding tax efficient remuneration schemes for employees

McHugh Kinsella Ltd can help you set up your own business. We provide valuable advice and support and will advise and guide you through the whole process of establishing your own entity.

Our services include:

  • Advice on the best structure for your business (sole trader or incorporated entity)
  • Advice on company formation
  • Advice on registering for taxes
  • Advice on setting up payroll
  • Advice on VAT, income tax and corporation tax issues
  • Advice on tax incentives that may be available to you
  • Advice on bookkeeping