Lisa Lokasto

Limited Company Insights

  • The Truth About Buying an EV Through Your Company

    Company EVs are being sold as tax-saving no-brainers. But when you dig into VAT rules, BIK changes, limited capital allowances and uncertain resale values, the numbers tell a different story. Here’s what every Irish director needs to know before buying. Read more

  • Year-End Tax Tips every business should know (company edition)

    Discover the tax reliefs and incentives many Irish business owners overlook — from pension funding and family employment to mileage claims, staff perks, and home office deductions. This guide highlights practical, compliant ways to reduce your tax bill and optimise your year-end planning, helping you make smarter financial decisions for your business. Read more

  • VAT Registration Before Revenue: Is It Possible?

    If you’re setting up a new business and haven’t yet made any sales, you might assume VAT registration isn’t relevant yet. You can register for VAT Pre-revenue Brace yourself, we’re getting into case law. Under Irish and EU VAT law, a business can register for VAT before generating revenue, provided it can demonstrate a genuine Read more

  • RSA’s Driver Tester Reallocation: Impacts on Haulage

    The Irish Road Haulage Association (IRHA) is warning that The RSA have reallocated driver testers from commercial vehicle licences to meet car test demand and this creates several challenges. The IRHA outlined these concerns in a letter to Minister Darragh O’Brien and Minister of State Sean Canney. Irish times article: https://www.irishtimes.com/business/2025/07/21/hauliers-accuse-rsa-of-moving-driving-testers-off-commercial-vehicles/ Key Finance & Budget Read more

  • Relief for SMEs: Audit Rule Change Takes Effect

    After years of discussion and engagement across the business, legal, and regulatory communities, a long-anticipated change to Ireland’s audit exemption regime has finally come into effect. As of today, small and micro companies will no longer automatically lose their audit exemption for a first late filing of an B1 annual return to the CRO within Read more

  • Starting a Business? Don’t Rush to Incorporate

    I thought I’d start off with the question new business owners ask me all the time… “Should I incorporate or trade as a sole trader?” It depends. I’m sorry… it does. This is one of the most common questions when starting a business.. The choice between sole trader and limited company has important implications for Read more