Training Example: PJ Lynch & Company – Review the Data, Give Your Score & Compare to the Real AI Evaluation

accounting-and-tax-servicesLICENCED INSOLVENCY PRACTITIONERS, TAXATION & ACCOUNTINGDROP IN FOR A COFFEE!We can tailor your accounting services around your business needs
Click here for More Information
[IMG: PJ Lynch & Company Accounting, Taxation and Insolvency Practitioners]
New-Business-StartupsLICENCED INSOLVENCY PRACTITIONERS, TAXATION & ACCOUNTINGSTARTING A NEW BUSINESS FROM SCRATCH?We can help you form you company and offer reduced accounting rates for startups
Click here for More Information
[IMG: PJ Lynch & Company Accounting, Taxation and Insolvency Practitioners]
managed-payroll-servicesLICENCED INSOLVENCY PRACTITIONERS, TAXATION & ACCOUNTINGTAKE THE STRESS OUT OF PAYROLL!Contact us and ask about our managed payroll services
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[IMG: PJ Lynch & Company Accounting, Taxation and Insolvency Practitioners]
Corporate-recovery-and-insolvency-servicesLICENCED INSOLVENCY PRACTITIONERS, TAXATION & ACCOUNTINGDON'T SUFFER IN SILENCE!Avail of our Corporate Recovery and Insolvency Services
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[IMG: PJ Lynch & Company Accounting, Taxation and Insolvency Practitioners]
Members-Voluntary-LiquidationLICENCED INSOLVENCY PRACTITIONERS, TAXATION & ACCOUNTINGHAS YOUR BUSINESS RUN IT'S COURSE?We can guide you through an MVL process to settle outstanding issues
Click here for More Information
[IMG: PJ Lynch & Company Accounting, Taxation and Insolvency Practitioners]

[H2] Contact Us Today
Free ConsultationCall Now01 707 9662
Get Started

[H1] Liquidation & Accountancy
[H2] Why Use PJ Lynch & Company

[IMG: Why PJ Lynch & Associates]
We passionately believe every business owner deserves excellence in Accounting and Liquidation, and it is really not that difficult to achieve.
With in excess of 30 years experience, the friendly and personal approach of our qualified, experienced & highly motivated team lead by myself PJ Lynch, will start work on your businesses financial position straight away. Staying in contact with you through out the process.
Providing simple, straight talking jargon free advise, to help ease the worries you may have.

[H2] Covid-19 Emergency Services
[IMG: Covid-19 Recovery Plan]
Learn More

[H2] Members Voluntary Liquidation
[IMG: Members Voluntary Liquidation]
Learn More

[H2] Corporate Recovery & Insolvency
[IMG: Corporate Recovery and Insolvency]
Learn More

[H2] Managed Payroll

[IMG: Payroll Made Easy]
Learn More

[H2] Accounting & Taxation
[IMG: Accounting and Taxation]
Learn More

[H2] Start Ups

[IMG: Accounts and Supports for Startup Businesses]
Learn More

[H3] Testimonials
“Over the years I have worked with PJ Lynch on many Insolvency Cases. PJ’s knowledge, experience and expertise in the areas of Insolvency and Liquidation is first class. I have also recommended to PJ to some of my own clients. PJ has a meticulous attention to detail and delivers excellence to his clients. I certainly have no hesitation in recommending PJ Lynch in the areas of Liquidation, Accountancy and Taxation advice.“

[H3] John O’Riordan
Partner – Dillon Eustace Solicitors

“I have no hesitation in recommending PJ Lynch & Co. PJ and his team have been preparing our Accounts, providing Tax Advise and managing our Payroll for many years, having their expertise and payroll support year round is an enormous benefit to our business. PJ will always respond to an enquiry and return a call, his expertise and knowledge in liquidation and accounting is second to none. The staff are excellent and a pleasure to deal with.”

[H3] Rory O’Byrne
O’Byrne Jenkins – Chartered Quantity Surveyors

See More Client Testimonials

[H3] Professional Advice from someone you trust
[H2] Taking Accounting & Taxation to The Next Level

[H3] Accountancy
Like any great Adventure, Preparation, Structure and Planning are imperative to achieve the best results. Business is exactly the same. accurate accountancy benefits a business in so many ways. Helping manage income and expenditure, planning for future growth, ensuring your accounts are completed correctly and on time. Revenue require all business’s to keep accurate accounts for both VAT and Tax purposes. Attention to detail ensures your Minimal Tax Liability. We make it Simple.

[H3] TAX ADVICE
Ireland has one of the largest range of Tax Codes in the world. To prepare even the most straight forward tax return can be complicated. Specialist Tax Advise is essential. Revenue staff are not tasked to advise you on how to organise and calculate your Tax Affairs. Therefore they are not tasked to help you Minimise your Tax Liability. We frequently find new clients have not claimed their business’s full tax allowances or benefits. It is always best to consult a Tax Specialist. Talk to us, we can help.

[H3] why TRUST PJ Lynch & Company
[H2] Benefits of using PJ Lynch & Company for your Accounting & Taxation

[H3] ACCOUNTANCY BENEFITS
We will provide a system to gather your Sales Invoices/Dockets, Purchase Invoices and all Expenses.
We can take your Accounts paperwork from you monthly or bimonthly, then take care of the Accounting needs quickly and return the paperwork promptly.
We will provide you with an Excel Spreadsheet tailored to your business needs, so you can record all your transactions. Your tailored spreadsheet will also include a Profit & Loss Account and VAT Return Calculations.
We can also advise you on an Online Accounts System, so you can prepare your accounts and have secure access at any time from any location with internet access.
We could also have access to your Online Accounts System so we can provide you with expert support, advice and guidance.
With in excess of 30 years experience, the friendly and personal approach of our qualified, experienced & highly motivated team can take away the hassle and time restraint of your Accounting demands.

[H3] TAXATION BENEFITS
With our experience and expertise we will complete your Tax Return, calculate your tax liability and file the tax return on your behalf. We stay in contact with you throughout the process, providing you with jargon free advice and updates on your status, the tax amounts due to be paid and when they are due.
In addition, we will analyse your personal self-assessment tax return to see if any tax savings can be made and we can also review your tax filing to see if there are any anomalies that need to be addressed before the return is submitted.
This attention to detail helps to minimise your risk of a Revenue Audit into your tax affairs.
If you are experiencing cash flow problems, we can explore negotiating a payment plan with Revenue on your behalf.
By giving you a fixed, competitive price and attending to the detail of exactly what you need, we can take the worry out of tax returns allowing you to concentrate on running your business.

[H3] Accountancy
Best Accounting Procedures and practices benefit a business in so many ways, helping you manage and control your finances, income and expenditure, it helps ensure that your accounts are completed accurately, more efficiently and allows you plan for future growth.
Attention to detail ensures your minimum Tax liability.
All businesses are required by Revenue to keep accurate Accounts for both Taxation and VAT purposes.
We can also prepare quarterly or half yearly management accounts to help you keep on top of your companies financial performance. Management accounts can also identify weak points in your business, so they can be a powerful aid in effective decision making.
Whether you’d prefer to manage your own accounts or have us to take care of it, we can advise you on the best procedures and practices for your business.
We provide a range of Accounting Options:
A system for you to gather your Sales Invoices/Dockets, Purchase Invoices and all Expenses.
We can take this paperwork from you monthly or bimonthly, take care of all the Accounting and Vat Returns then quickly return everything when that process is finished.
We can provide you with a tailored Excel Spreadsheet designed for your business, so you can record your transactions.
Your tailored Spreadsheet will have a basic Profit and Loss Account and VAT Return calculations included.
We can also advise you on an Online Accounts System, so you can prepare your accounts and have secure access at any time from any location with internet access.
With our extensive experience across all industries our team can easily take away the hassle and time restraint of Accounts preparation. Leaving you more time to focus on your customers and developing your business.
We offer a Fixed Competitive Fee, ask about our Scheduled Fee Arrangement Options, allowing you to spread the cost of your accountancy costs.
Conveniently based opposite the new entrance to Pearse St Train Station, at 5-7 Westland Square, Pearse St, Dublin 2.
We provide secure off street car parking for our clients.
Call Now: 01 707 9662 or E-mail: info@pjlynchco.ie

[H3] Tax Advice
Best Tax Advise, procedures and practices are imperative to the smooth running, operation and growth of a business, and can be more easily achieved than many think. Having a Tax Clearance Certificate allows companies to tender for public contracts.
Ireland has one of the largest range of tax codes in the world, so preparing even the most straight forward tax return can be complicated.
Revenue Commissioners staff are not tasked to advise you on how to organise and calculate your tax affairs and therefore minimise your tax liability. We frequently find new clients have not claimed their business’s full tax allowances or benefits. It is always best to consult a tax specialist.
With our experience and expertise we will complete your tax return, calculate your tax liability and file the tax return on your behalf. Staying in contact with you throughout the process, providing you jargon free advice and updates on your positon, the tax amounts to be paid and when they are due.
In addition, we will analyse your personal self-assessment tax return to see if any tax savings can be made and we can also review your tax filing to see if there are any anomalies that need to be addressed before the return is submitted.
This attention to detail helps to minimise your risk of a Revenue Audit into your tax affairs.
In addition, should Revenue randomly select your business for Audit, the attention to detail of your business’s accounts work completed to that date means everything is there prepared and filed accurately for Revenue, to review drastically reducing the worry and stress ofen experienced with this intrusive procedure.
If you are experiencing cash flow problems, we can explore negotiating a payment plan with Revenue on your behalf.
Attending to the detail of exactly what you need, we can take the worry out of tax returns allowing you to concentrate on running your business.
We provide a fixed competitive fee.
If you feel there is any aspect of your business we can help you with, please don’t hesitate to contact me.
Kind regards
PJ Lynch
Call Now: 01 707 9662 or E-mail: info@pjlynchco.ie

[H2] For more general information on Accountancy, Auditing & Tax:

Irish Accounting and Auditing Authority
Official Revenue Website

[H3] Testimonials
“Over the years I have worked with PJ Lynch on many Insolvency Cases. PJ’s knowledge, experience and expertise in the areas of Insolvency and Liquidation is first class. I have also recommended to PJ to some of my own clients. PJ has a meticulous attention to detail and delivers excellence to his clients. I certainly have no hesitation in recommending PJ Lynch in the areas of Liquidation, Accountancy and Taxation advice.“

[H3] John O’Riordan
Partner – Dillon Eustace Solicitors

“I have no hesitation in recommending PJ Lynch & Co. PJ and his team have been preparing our Accounts, providing Tax Advise and managing our Payroll for many years, having their expertise and payroll support year round is an enormous benefit to our business. PJ will always respond to an enquiry and return a call, his expertise and knowledge in liquidation and accounting is second to none. The staff are excellent and a pleasure to deal with.”

[H3] Rory O’Byrne
O’Byrne Jenkins – Chartered Quantity Surveyors

See More Client Testimonials

[H1] Get a quote

[H3] Professional Advice from someone you trust
[H2] Taking The Stress out of Payroll

Payroll can be a problem for many employers, we have highly efficient payroll system and we are here to help.

[H3] Complete Payroll Service
It’s not by chance that so many of our clients have chosen to use our Complete Payroll Service. Our payroll systems have been providing Payroll Services for almost 20 years now. The Payroll Specialists on our team, offer a complete range of payroll services and work to ensure your payroll is performing Accurately, Compliantly, and Cost Effectively. The cornerstone of our approach is to help our clients understand what we need to do in order to meet their employer obligations, without all the technical jargon.

Our extensive experience and knowledge covers all employment sectors & will ensure your employees are on the correct standard rate of tax and are claiming all tax credits and benefits available to each individual. Our Fixed Fee means you know exactly in advance what your Payroll Service costs are throughout the year.

[IMG: complete payroll service]

[H3] why TRUST PJ Lynch & Company
[H2] Benefits of using PJ Lynch & Company for your Complete Payroll Service

[H3] FAQ’s
[H2] How does it work…?
Simply provide us your employee details, hours and rates.
[H2] What does it cost…?
Affordable, fixed cost with no hidden extras.
[H2] Who is it for…?
Every business large and small.
[H2] Why should I do it…?
Time, efficiency and expertise at a fixed cost, scalable as you grow.

[H3] THE BENEFITS
Free up your Personnel and Work time, focus more on what you like to do.
Get Payroll Expertise with no downtime during holiday or emergency leave.
Achieve full compliance with Revenue requirements.
Get Tailored Reporting, additional expertise: Redundancy, Benefits, Entitlements, Share Options etc….
Confidentiality: Employee and Payroll details processed in our secure offices
Save the expence of Payroll Staff, Software Licences, Support & Training.

[H3] Why does it pay to outsource your payroll?
Payroll is one of the greatest costs for any business. Having your business’s payroll managed by Payroll Specialists provides you with very real benefits.
Our Complete Payroll Service saves you time, ensures your employees are on the correct Tax Rate Band, and that all their Tax Credits are applied this guarantees you are consistently in compliance with the Revenue Commissioners.
Income Tax is without doubt the main source of tax to the state, in excess of VAT, VRT, CTT. Therefore Revenue keep a very close eye on the payroll process and the employee details they are provided.
When business owners consider outsourcing their payroll, some just look at the minimal cost of making such a change and contracting a payroll service specialist.
Some take a more considered approach, they also look at the inevitable profitability and benefits, including the ability to take advantage year round of expert payroll knowledge and support.
In addition making this choice provides a business owner or manager more me to focus on taking care of their customers and developing their business. Many of our new clients are often surprised at the additional benefits that we provide.

[H3] Saving Time
Owning or managing a business has plenty of daily challenges, with the addition of the necessary administration and management of staff, the burden of responsibility increases.
Outsourcing payroll allows small and medium sized business owners to find a greater use of their resources and staff time. It allows more focus on taking care of customers and developing their business.
It can be a surprise to discover the true costs associated with Payroll processing within a company. The cost of employing a member of staff can be up to three times their salary, consider Employer PRSI, Holiday Pay, Pension Contributions, Employer Insurance, Recruitment, Training and Utility costs etc.
We regularly find errors with the Payroll tax returns of new clients and their employees, simply because of the somewhat complex nature of each individual’s, exemptions, deductions, PRSI and USC.
There are Tax adjustments and changes in every budget, many of which can be difficult to notice, this means remaining compliant with Revenue costs a company in terms of continual training, research and identifying what is accurately correct for every member of staff.

[H3] Revenue Compliance Guarantee
Revenue Commissioners state that “not being aware of your changing Tax obligations is no defence”
Revenue take the position that every person in business has the obligation to find out accurately what their tax obligations are. It certainly pays to consider what the best tax efficiency options are for your business.
Fines, Penalties and Interest, frequently prove more costly than outsourcing your complete payroll requirements.
A somewhat surprising and innovative benefit of having Payroll specialists on hand, year round, provides great employee satisfaction.

[H3] Employee satisfaction - It's more than just doing the wages
We can certainly play our part in helping our client be an even be er employer to work for.
We can get to the route of every employee’s payroll concern, rectify any issue and maximise their take home pay. Happy employees are productive employees, happy productive employees prefer to stay.

[H3] Testimonials
“Over the years I have worked with PJ Lynch on many Insolvency Cases. PJ’s knowledge, experience and expertise in the areas of Insolvency and Liquidation is first class. I have also recommended to PJ to some of my own clients. PJ has a meticulous attention to detail and delivers excellence to his clients. I certainly have no hesitation in recommending PJ Lynch in the areas of Liquidation, Accountancy and Taxation advice.“

[H3] John O’Riordan
Partner – Dillon Eustace Solicitors

“I have no hesitation in recommending PJ Lynch & Co. PJ and his team have been preparing our Accounts, providing Tax Advise and managing our Payroll for many years, having their expertise and payroll support year round is an enormous benefit to our business. PJ will always respond to an enquiry and return a call, his expertise and knowledge in liquidation and accounting is second to none. The staff are excellent and a pleasure to deal with.”

[H3] Rory O’Byrne
O’Byrne Jenkins – Chartered Quantity Surveyors

See More Client Testimonials

[H1] Let us Help you

[H3] Professional Advice from someone you trust
[H2] PJ Lynch & Company are here to advise you and guide you through your options for Corporate Recovery or Voluntary Insolvency

[H3] We’re here to help
When a company is in a state of distress, it is a particularly difficult & stressful time for Directors, Shareholders in fact all Stakeholders. The questions are should you take the Insolvency route…? Does your business have a chance of survival…? Should you seek Corporate Recovery advise…? If your business is facing financial difficulties, Excessive Debt, Costs or Cash-Flow Problems, we can help. Our simple Info Graphic will guide you through the routes and options.

[H3] option 1
[H2] Corporate Recovery

Identify Business Failings and True Causes
Assess Business Survival Requirement
Create a Business Recovery Plan
Negotiate Participation of all Stake Holders
Monitor and Assist Implementation of Recovery Plan

[H3] option 2
[H2] Compulsory Liquidation

If a creditor of a company is owed in excess of €1,000 the creditor may present a winding up petition to the High Court. If the debt remains unpaid the court may grant a winding up order in respect of the petitioning creditor. The appointed Liquidator will then pursue their duties with a view to recovering the monies owed to the Petitioning Creditor, in accordance with section 570 of the Companies Act.

[H3] option 3
[H2] Creditors Voluntary  Liquidation

This is the best way for directors and shareholders to voluntarily deal with their company’s insolvency.
This gives company directors a certain level of control in the liquidation process.

[H3]
[H2] Creditors Meeting

[H2] Directors Statement
[IMG: insolvency creditors meeting directors statement]
Chairman opens the meeting and explains the procedures of the Creditors Meeting.
Directors are obliged to present a statement of the company’s affairs.
A Director of the company reads the statement that includes the history and cause of the company failure, a list of creditors, monies owed and the value of company’s assets.

[H2] Creditors Entitlements
[IMG: insolvency creditors meeting creditors entitlements]
Creditors receive the directors statement of affairs.
The nominated liquidator can not have acted for the company or it’s directors.
Creditors can nominate an alternative liquidator.
If an alternative liquidator is proposed then a vote needs to be taken.
For creditors to overturn the nominated liquidator they must have sufficient votes in number and value.
Creditors may also appoint a committee of inspection.

[H2] Liquidator Appointment
[IMG: insolvency - creditors meeting liquidator appointment]
A vote of the creditors is taken and a liquidator is appointed.
The liquidator then commences his duties in accordance with section ___ of the Companies Act 2014.
The Liquidator will pursue all monies owed to the Company, in accordance with section 570 of the Companies Act. Complete all obligatory administration and where possible pay a dividend to secured creditors.

[H3] what will our creditors most likely want to know
[H2] Creditors Meeting Sample Questions

When did the company cease trading?
When did the directors first realise the company was insolvent and unable to trade out of its financial situation?
When was the last set of audited accounts prepared?
Did the directors keep themselves informed of the financial state of the company with the preparation of management accounts?
Did the bank have personal guarantees as security for the company’s lending?
Who owns the building that the company operated from and did a lease agreement exist?
Did any of the directors continue the business through another company?

[H3] Corporate Recovery
When a company is in a state of distress, it is a particularly difficult & stressful time for Directors, Shareholders, in fact all Stakeholders.
Many small companies often lack the time to accurately recognise the cause of their difficulties. Therefore, corporate recovery expertise can have a very positive impact, as overall involvement in a company’s day to day management can be a hindrance to clear objective thinking and planning.
Corporate Recovery expertise can bring an immediate measured and strategic approach to effecting real positive change in a company by restructuring its business, finances and borrowings. Having personally completed in excess of 300 insolvency cases over 30+ years, PJ Lynch thoroughly enjoys the challenge of a tough Insolvency case, he equally enjoys finding the route to saving a business from collapse.
Negotiated Settlements and a collaborative restructuring process can often achieve what many thought impossible. A corporate recovery specialist will rapidly set about identifying the reasons for the business’s failings and it’s true causes. They will assess the business’s survival requirements, create a Business Recovery Plan, negotiate the participation of all the stakeholders, in the business’s recovery process, then monitor and assist the implementation of the Recovery Plan.

[H3] Creditors Voluntary Liquidation
Voluntary Liquidation remains the most common way for directors and shareholders to deal voluntarily with their company’s insolvency. Voluntary Liquidation allows company directors to have certain inputs and control of the liquidation process as opposed to a liquidation imposed on the company by a creditor’s application to the High Court. Once a company is unable to trade out of its difficulties directors should take the decision to wind up the company.
There are certain formal legal steps that must be taken. A formal meeting of the shareholders needs to be held to put the company into liquidation and to appoint a liquidator. A Creditors Meeting must also be held and notice of the meeting of creditors , together with proxy forms, must be sent by post to the creditors at least ten days before the date of the meeting. Notice of the Creditors Meeting must also be advertised in two daily newspapers circulating in the vicinity of the registered office or principal place of business of the company.
Statement of Affairs. Directors of the insolvent company are obliged to present a full statement of the financial position of the company’s affairs, together with a list of creditors of the company and the estimated amount of the creditors claims. At the creditors meeting this statement will show the book values of the company’s assets with the directors estimated realisable values in the winding up of the company.
Director’s Statement. At the creditors meeting the nominated director, who acts as chairman of the meeting, will need to give a brief outline of the history of the company and the details of the causes of it’s failure. It is advisable for the directors to seek professional advice from a Specialist Insolvency Practitioner who will have expertise in insolvency matters and on the preparation of the statement of affairs.
Voting on the Nomination of a Liquidator. The nominated liquidator should not have previously acted for the company or its directors in a professional capacity. In order for the creditors to overturn the company’s nomination of a liquidator, they must have sufficient votes, both in number and value, of the creditors represented at the creditors meeting, to carry out the resolution.

[H3] Creditors Meeting
Generally speaking, a creditors meeting will take the following format:
The creditors should be handed a copy of the directors estimated Statement of Affairs.
The nominated director should read out his statement outlining the company’s history and the causes of it’s failure.
Any creditors present may then ask questions.
At an earlier meeting of the shareholders, a liquidator would have been nominated by the company. However, the creditors have the opportunity to nominate an alternative liquidator.
If an alternative nomination for liquidator is proposed, a formal vote of the creditors needs to be taken.
The creditors may also decide to appoint a Committee of Inspection. The creditors are entitled to nominate up to five people onto this committee, and the shareholders are entitled to appoint three of the 5 people.
The purpose of the committee is to assist the liquidator in carrying out his duties. The committee can also approve the liquidator’s fees.

[H3] Compulsory Liquidation

If a creditor of a company is owed in excess of €1,000 the creditor may present a winding up petition to the High Court.
If the debt remains unpaid the court may grant a winding up order in respect of the petitioning creditor.

[H3] Receivership
A Receivership is a process where a creditor appoints a Receiver to recover monies due. A Receiver is appointed by a creditor (usually a financial institution) who holds a charge over the assets of the company as security of its debts.

[H2] For more general informationon Insolvency please visit:

Official Government Website on Insolvency
Office Director of Corporate Information

[H3] Testimonials
“Over the years I have worked with PJ Lynch on many Insolvency Cases. PJ’s knowledge, experience and expertise in the areas of Insolvency and Liquidation is first class. I have also recommended to PJ to some of my own clients. PJ has a meticulous attention to detail and delivers excellence to his clients. I certainly have no hesitation in recommending PJ Lynch in the areas of Liquidation, Accountancy and Taxation advice.“

[H3] John O’Riordan
Partner – Dillon Eustace Solicitors

“I would not hesitate to recommend PJ Lynch & Company as a chosen liquidator, my business failed in December 2015 the liquidator appointed was PJ Lynch. I can without hesitation say this was a particularly tough time for myself and my family. The way the proceedings were handled made our very difficult load somewhat easier to bare. Every part of the procedure was explained to us, we were made aware of our obligations and rights in a clear and concise way. PJ and his staff were always completely professional, courteous and helpful throughout.”

[H2] Audrey Groome
Silver Sands Confectioners Ltd

See More Client Testimonials

[H3] Professional Advice from someone you trust
[H2] Let use walk you through your Members Voluntary Liquidation – MVL

[H3] Members Voluntary Liquidation
A Members Voluntary Liquidation (MVL) is applicable where a company is solvent, has served its purpose and has no further function or where the directors would like to retire. In addition, a MVL can help directors release shareholder capital in a very tax efficient manner. It should also be remembered that the company must have sufficient funds to discharge its liabilities within 12 months from the commencement of the winding up. However, where a company has no accumulated liabilities then it should be possible to conclude the winding up within approximately 3 to 6 months of the commencement.
To initiate the process of MVL the directors must sign a declaration of solvency in accordance with Section 207 of the Companies Act, 2014.

[H3] why TRUST PJ Lynch & company
[H2] Members Voluntary Liquidation Process

Directors make a statutory Declaration of Solvency & place the company in an MVL.
This Declaration is sent by post to all shareholders, including notice of a meeting of shareholders.
A majority of the shareholders must vote in favour of the MVL for the MVL to proceed.
The company closes, stops trading and the liquidator initiates their duties and procedures.
MVL is also a very tax efficient way to wind up a company that is solvent & has no further function.

[H3] When can a company go into MVL?
This can take place when the directors believe that the company is solvent. A majority of the company’s directors must make a statutory declaration of solvency and then pass a resolution to wind up the company.

[H3] What does the declaration contain?
The statutory declaration will state that the directors of the company have made a full inquiry into the company’s affairs and that, having done so, they believe that the company will be able to discharge its debts in full within 12 months from the start of the winding-up procedure.
The declaration will include a statement of the company’s assets and liabilities as of the latest practicable date before making the declaration.

[H3] When does the liquidation actually start?
The liquidation starts when the members, at a general meeting, pass a resolution (Section 207 of the Companies Act, 2014) this is usually a special resolution to wind up the company voluntarily.

[H3] Must a notice of Voluntary Liquidation be given to anyone or must the notice be published?
Yes. Notice of the special resolution for a voluntary winding-up of the company must be published in the Government Gazette, Iris Oifigiuil within 14 days of the meeting in accordance with Section 592 of the Companies Act, 2014
All statutory documents must be completed and filed in the Companies Registration Office.

[H3] Testimonials
“Over the years I have worked with PJ Lynch on many Insolvency Cases. PJ’s knowledge, experience and expertise in the areas of Insolvency and Liquidation is first class. I have also recommended to PJ to some of my own clients. PJ has a meticulous attention to detail and delivers excellence to his clients. I certainly have no hesitation in recommending PJ Lynch in the areas of Liquidation, Accountancy and Taxation advice.“

[H3] John O’Riordan
Partner – Dillon Eustace Solicitors

“PJ Lynch was recommended to me in 2005, I’ve had two previous accountants both bad experiences. PJ’s knowledge & attention to detail is superb, he will always return a call & he’s very approachable, from start to finish he has served my business excellently. I really don’t have the time or the knowledge to take care of my accounts, but PJ gives me great piece of mind and his staff and a pleasure to deal with. I can certainly recommend PJ Lynch & Co to any business large or small.“

[H2] Barry Sheridan
Chrome Capital Ltd.

See More Client Testimonials

[H3] why TRUST PJ Lynch & Company
[H2] Benefits of using PJ Lynch & Company for your Complete Payroll Service

[H3] REDUCED RATES ON
Bookkeeping
End of Year Accounts
Payroll
Tax Returns
VAT Returns
Cash Flow Projections
[IMG: Startups - call in for a coffee and a chat]

Is your business trading less than 24 months….?
[H2]
[H2]
[H2] If YES, you qualify.

We can call out to you, recommend the best Accounting Procedures and Practices to suit your business.  Leaving you with an Effective Accounting System and Structure.
We can then produce Quarterly Management and or End of Year Accounts as required.

[H3] StartUp Business - 20% reduced rate fees

StartUp Business’s, like any great Adventure the Preparation, Structure and Planning are imperative to achieve the very best outcome.
Starting a business is exactly the same. We passionately believe every business owner deserves excellence in Accountancy, Tax Advise and Payroll.
We are happy to give new business owners a 20% reduced rate fee on Bookkeeping, VAT Returns, End of Year Accounts, Management Accounts, Tax Returns, Cash Flow Projections and Payroll, P30 – P35 – P60 – P65 Returns.
Understanding these issues and to help you achieve the best financial structure from year one, if your business is trading less than 24 months you qualify for the reduced rate fee.
At PJ Lynch & Company we provide simple straight talking jargon free advice, to help ease the worries you may have.
Having in excess of 30 year’s experience advising business’s large and small, the friendly and personal approach of our qualified, experienced & highly motivated team lead by myself PJ Lynch, will start work immediately on what is best your business’s future financial position.
We completely understand the struggles, worries and concerns new business owners have. We know the mistakes sometimes made and the pit falls to be avoided.
We specialise in helping Small to Medium sized business owners and self-employed individuals.
Our fixed fee policy means you know exactly in advance what you’re accountancy fee will be.
If you feel there is any aspect of your business we can help you with, please don’t hesitate to contact me.
Kind regards
[H3] PJ Lynch
Call now for a free consultation 01 707 9662

[H2] For more general information
[H2] on company registration please visit:

Official CRO (Company Registration Office) Website

[H3] Testimonials
“Over the years I have worked with PJ Lynch on many Insolvency Cases. PJ’s knowledge, experience and expertise in the areas of Insolvency and Liquidation is first class. I have also recommended to PJ to some of my own clients. PJ has a meticulous attention to detail and delivers excellence to his clients. I certainly have no hesitation in recommending PJ Lynch in the areas of Liquidation, Accountancy and Taxation advice.“

[H3] John O’Riordan
Partner – Dillon Eustace Solicitors

“I have no hesitation in recommending PJ Lynch & Co. PJ and his team have been preparing our Accounts, providing Tax Advise and managing our Payroll for many years, having their expertise and payroll support year round is an enormous benefit to our business. PJ will always respond to an enquiry and return a call, his expertise and knowledge in liquidation and accounting is second to none. The staff are excellent and a pleasure to deal with.”

[H3] Rory O’Byrne
O’Byrne Jenkins – Chartered Quantity Surveyors

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