Big Red Cloud

Software that automates the supplier-invoice side of the ledger: capture of incoming supplier invoices, auto-coding to nominal and VAT, approval workflow, and payment posting. Distinct from expense management, which handles employee-initiated spend.

The annual self-assessment income tax return for self-employed individuals, company directors with material interests, and taxpayers with non-PAYE income. Filed through ROS by 31 October (or mid-November via ROS Pay and File extension).

An automated daily connection between an Irish business bank account and accounting software, removing CSV uploads. Modern feeds run over PSD2 Open Banking APIs; older feeds use Yodlee or Plaid screen-scraping.

Vendors.ie term for the integrated four-layer workflow that moves an Irish SME from a business spend transaction to a Revenue-compliant VAT reclaim line without manual data entry: card or bank feed, receipt capture, VAT extraction, and accounting integration.

The periodic VAT return filed with Revenue via ROS. Most Irish businesses file bi-monthly; small traders can apply for four-monthly or annual filing. An annual Return of Trading Details (RTD) accompanies the final period.

Mentor-led digital transformation programme for businesses with 11-50 employees, with a follow-on grant of up to EUR9,000 (50:50 cofunded) for implementation.

Income tax relief for investors who put new equity into a qualifying SME, letting founders raise capital from private investors at preferential after-tax cost.

State-backed long-term loans of EUR25,000 to EUR3 million for SMEs and small mid-caps investing in growth, productivity or sustainability projects, on preferential terms via participating lenders.

Unsecured business loans of EUR2,000 to EUR50,000 for microenterprises that have been declined credit by a bank.