Chartered Accountants Ireland has reiterated its concerns about the proposed changes to agricultural property relief (APR) and business property relief (BPR), due to come into effect in April 2026, and the disproportionate impact these changes will have on Northern Ireland. The largest professional body on the island of Ireland that represents over 5,500 members in Northern Ireland has advocated extensively for a specific carve out from the rules to be included in the draft legislation to protect Northern Ireland’s economy. UK Tax Manager with Chartered Accountants Ireland, Leontia Doran said  “The proposed changes are already having massive ripple effects across the UK economy, but most notably for the farming community. These changes are disappointing and particularly damaging in Northern Ireland where family-owned businesses and farms are the heartbeat of the economy. 84% of businesses here are either family owned or managed, and they support over 325,000 jobs.  “A carve-out is needed to exempt genuine farming activity and protect family-owned businesses in NI. The Government could have included a threshold which would have continued to provide smaller farms and businesses with 100% relief if their farming and/or business assets comprise a minimum proportion of their overall estate. It is also disappointing to see that no transitional measures have been announced to protect older taxpayers. The announcement that any unused allowance will be transferable between spouses is welcome. This is the minimum that could have been done to remove the legislation’s cliff edge effect for smaller farms and businesses. More is needed to support genuine farming activity and family-owned businesses here in NI.” Personal tax thresholds The Chancellor has confirmed that the income tax and National Insurance Contributions (NICs) thresholds will remain frozen at their current level until 2031. Doran noted “The continuing freeze on personal tax thresholds is having an ever-increasing effect on people’s net after tax income and is expected to bring many more taxpayers into the higher rate tax bracket by 2030/31, a phenomenon known as "fiscal drag". This is likely to have a strong disincentive effect on decisions to take on extra work and will reduce household spending power. Coupled with the changes to employers’ NICs from April 2025, this is likely to lead to a more stagnant labour market, damaging productivity further.  “Policy measures are seriously needed to drive Northern Ireland’s productivity, the profitability of its businesses, and by extension boost both corporation and income tax takes so that we can make this a thriving place to live and work for all our citizens.” Northern Ireland Corporation Tax To unlock the economic potential of the region and its dual market access, and drive FDI, the Institute has been engaged in a campaign for a reduced rate of corporation tax which is more closely aligned with the rate across the rest of the island.    Leontia Doran concluded “At a time when the Government has been grappling with how to grow the economy, it might initially appear counter-intuitive to seek a reduction in the corporation tax rate in Northern Ireland. However, a reduction in this rate would in the longer run ultimately increase tax take by driving the creation of better jobs and incentivising business growth.  “Add to this higher value FDI and the gains for Northern Ireland would set a real benchmark for what can be achieved with ambitious tax policies. This is something our members want and which we will continue to advocate for in 2026.”  

On 20 November, the District Societies of Chartered Accountants Ireland jointly hosted a webinar on AI featuring Marie Toft. This session covered: What AI is and how it works What AI can and can’t do Legal obligations around using AI Risks and opportunities for Chartered Accountants Real-life examples of AI in accounting A recording of this session is available to view, for free and on demand, HERE More speakers in this AI Advantage series will be announced soon.

This week the Institute received formal correspondence from the Department of Social Protection (DSP) regarding My Future Fund. The letter, which members may have seen reported in media yesterday, emphasises that it is an offence to hinder employees from participating in My Future Fund. It clarifies that, despite recent reports, there has been no legal change requiring employers to enrol staff in occupational pension schemes to avoid automatic enrolment. The DSP has outlined that they understand that in some instances, employees are being compelled to join schemes with minimal employer contributions - often just 1% of salary – which falls short of the contributions required by My Future Fund. Such arrangements may deprive employees of meaningful pension benefits and could constitute an offence under Section 128 of the Auto Enrolment Retirement Savings System Act 2024 (AE Act). Any cases where employees are illegally obliged to join another pension scheme, preventing them from accessing My Future Fund will be fully investigated by DSP. Members are encouraged to familiarise themselves with these developments and ensure clients are fully informed. Background on Auto Enrolment/My Future Fund From 1 January 2026, the Automatic Enrolment Retirement Savings System – branded as My Future Fund - will come into effect. This initiative, legislated under the AE Act, is designed to provide employees who currently lack pension coverage with a secure and quality-assured way to save for retirement. Eligible employees - those aged over 23 and under 66, earning more than €5,000 in any 13-week period, and not already enrolled in a payroll-based pension scheme - will be automatically enrolled. The scheme will be operated and regulated by the newly established National Automatic Enrolment Retirement Savings Authority (NAERSA). Clarifications and compliance issues raised by the DSP The Department outlined that it has come to their attention that contribution levels under My Future Fund will be significantly higher than those currently reported in some occupational schemes, where employer contributions may be as low as 1% of salary. According to the correspondence, such low contribution rates are considerably below the initial and future contribution levels set for My Future Fund. The Department advises that any approach which results in employees being enrolled in schemes with substantially lower benefits could raise compliance concerns under the AE Act. The Department confirms that there has been no legislative change requiring employers to enrol staff in occupational schemes to circumvent automatic enrolment. However, it has become aware of cases where employees are being compelled to join such schemes, even where membership is not required under their contracts of employment. This practice, combined with very low employer contributions, could prevent employees from accessing My Future Fund and may constitute an offence under Section 128 of the AE Act. The letter also highlights compliance obligations. Employers enrolling staff in occupational schemes must meet disclosure requirements under the Pensions Act, ensuring employees receive full and accurate information about the terms and benefits of any scheme they join. Furthermore, sharing employee details with pension administrators without explicit consent may breach data protection law, exposing employers to legal and reputational risks. Finally, the Department notes that NAERSA, in consultation with the Pensions Authority, is considering developing standards to determine whether an occupational scheme qualifies as an exempt scheme under the AE Act. These standards will aim to include minimum contribution rates and conditions to ensure that any exempt pension schemes offers benefits at least as favourable as those provided under My Future Fund. Members should monitor these developments closely, as they will directly impact employer obligations and the advice professionals provide to clients. 

The second six-monthly SME Business Sentiment Survey from Chartered Accountants Ireland and GRID Finance has found that 60% of businesses have been impacted by global trade tensions and tariffs. The survey measures and tracks the experience, confidence and sentiment of SMEs, including small accounting practices, doing business in Ireland. The inaugural survey took place in April 2025.  Businesses more prepared for trade tensions and tariffs  Despite uncertainty in global trade and tariffs, the proportion of businesses unprepared for related disruptions has fallen from 36% to 23% in the past six months - suggesting growing resilience. Business members in particular feel better equipped to manage these issues, rising to 25% now compared to just 15% in April. The effects of Brexit continue to be felt with 41% of respondents reporting that it had a negative impact on their business.  Cróna Clohisey, Director of Members and Advocacy, Chartered Accountants Ireland said: “The findings highlight both the resilience and the pressures facing SMEs. While more businesses are now prepared for global trade disruptions, the environment remains volatile and demands continued vigilance. Our members are uniquely positioned to help businesses plan, adapt, and thrive amid these challenges, offering the trusted guidance and expertise needed to build long-term resilience. “Encouragingly, nearly a third of members (32%) report business profitability has increased in the last 6 months, an improvement on April’s findings. One in three also believe that their business will be better off in the next 12 months, up 5% from the previous survey.”  Cost pressures continue to bite The survey found that business costs are continuing to increase for the vast majority (79%) of SMEs. Small businesses remain under pressure from rising labour costs, which nearly two-fifths identify as their greatest financial challenge. This is followed by rising operational costs (30%) and regulatory compliance costs (12%). Not only are costs a financial challenge to businesses, they are viewed as the biggest competitiveness challenge faced by SMEs at 45%. This is followed by salary demands and talent pipeline/shortages. Countdown to auto-enrolment Almost two-thirds (64%) of businesses indicate that they are prepared for the pension auto-enrolment start date of 1 January. The findings reveal that business size is a significant factor in how companies prepare for this new scheme. Those with 50+ employees are more likely to budget for increased costs and expand their existing occupational pension schemes at 53% and 49% respectively compared to 32% and 33% for organisations with fewer than 50 employees.  Clohisey continued “Businesses are taking steps to ready themselves with almost 60% having attended an information session, but only 39% have budgeted for increased costs related to the scheme. Smaller firms will need additional support to manage the costs and administrative burden this reform will bring. Continued government support will be vital to ensure no business is left behind." Eoin Christian, CEO, GRID Finance said: “The November survey findings highlight the views of small businesses across a range of critical issues and clearly illustrate the challenges they continue to face. Chief among these are rising costs related to staffing, day-to-day operations and regulatory compliance. When combined with an uncertain global trading environment, these pressures make it more important than ever for small organisations to closely assess their operations and future cash-flow requirements. “With almost one-fifth of respondents reporting increased demand for borrowing, and nearly one-third applying for government supports, it is evident that businesses are actively seeking financial assistance — both from the State and from specialist finance providers such as GRID Finance.” You can read the survey in full here. About the SME Business Sentiment Survey The SME Business Sentiment Survey is conducted by Chartered Accountants Ireland and GRID Finance, the Institute’s Official Independent Lender Partner. This survey was conducted by Coyne Research between 2 and 19 October 2025 and will be repeated every six months. Approximately 300 members were surveyed from organisations employing fewer than 250 people.   About GRID Finance GRID Finance is dedicated to providing accessible and sustainable financing solutions to small and medium-sized businesses. With a deep understanding of the needs of Irish SMEs, GRID Finance offers a range of financial products and services designed to support growth, resilience, and long-term success. Social Impact and B-Corp Accreditation As a Certified B Corporation, GRID Finance meets the highest standards of social and environmental impact. With an overall B Impact Score of 127.9, significantly higher than the median score of 50.9 for ordinary businesses, GRID Finance is committed to continuous improvement and leading the transformation of the global economic system.      

Institute CEO Rosemary Keogh has responded to today's announcement that Paschal Donohoe is to step down as Minister for Finance to take up a role as senior managing director and chief knowledge officer at the World Bank. Commenting on the announcement, Rosemary Keogh said: "Chartered Accountants Ireland commends Paschal Donohoe for his exceptional service as Minister for Finance, and President of the Eurogroup. His steady leadership at national and European level through Brexit, the pandemic, and global economic challenges has been instrumental in safeguarding Ireland’s fiscal stability and reputation internationally.    Paschal’s collaborative approach and commitment to prudent financial management have strengthened Ireland’s position at the heart of global economic policy. We wish him every success in his new role at The World Bank, where his expertise will continue to make a global impact. We congratulate Minister Simon Harris on his appointment as Minister for Finance and we look forward to continuing our close and positive engagement with him and his officials." 

Revenue has announced today that it is extending the Local Property Tax (LPT) filing deadline to 5.30pm on Wednesday, 12 November 2025. To support property owners, Revenue’s LPT Helpline (01 738 3626) will operate extended opening hours in the lead-up to the new deadline. For Monday and Tuesday, the LPT Helpline will operate between 9.00am and 8.00pm and on Wednesday it will operate from 9.00am to 4.30pm.  You can read the full press release here.

ESB has been announced as the Overall Winner for this year’s Chartered Accountants Leinster Society Published Accounts Awards, in addition to winning the ‘Statutory or Unlisted Entity (IFRS)’ Award category.  The Leinster Society have been proudly hosting the Published Accounts Awards for 48 years. These awards honour outstanding achievement in corporate reporting; celebrating companies across the island of Ireland that demonstrate excellence, transparency, and innovation in financial communication. Companies simply submit their annual report, which then goes through a round of technical reviewing, before a team of external judges make their final decision. A lot of hard work goes into producing the annual reports, and the Leinster Society are proud to showcase that hard work. The awards, sponsored by Euronext and Arachas, took place in the Shelbourne Hotel on Thursday 6 November, with host Mario Rosenstock who had us all laughing from the moment he stepped into the room in a questionable wig. From beginning to end there was a buzz of excitement and energy in the room. A total of 27 public and private companies, and 9 not-for-profit organisations competed as finalists across thirteen distinct awards categories. A huge congratulations to all of our winners, see full list below. Check out the photos of the night here. Award 2025 Winner Euronext Dublin (Large Cap > €1bn) Glanbia Euronext Dublin (SME < €1bn) Dalata Company Listed on a Foreign Market Grafton Group Euronext Growth Award Uniphar Statutory or Unlisted Entity (IFRS) ESB Statutory or Unlisted Entity (Non-IFRS) daa Arachas Large Not-for-Profit Concern Worldwide Arachas Small / Medium Not-for-Profit Dogs Trust Sustainability & ESG Reporting Award (UnlistedEntity) Northern Ireland Water Diversity & Inclusion Award (Listed orUnlistedEntity) Bank of Ireland Diversity & Inclusion Award (Not-for-Profit) The Wheel Branding, Communication & Digital Award Dogs Trust Overall Winner ESB   'ESB’s Finance team works closely with colleagues across the organisation to produce an Annual Report which provides our stakeholders with the financial and non-financial information they need to understand ESB’s performance, business model, net zero strategy and contribution to Irish society. This award is testimony to the hard work of our people over many years to continuously raise the standards of our Annual Report year-on-year. The theme of our Annual Report this year was “Empowering the Sustainable Energy Transition”, and we put a particular focus on our disclosures around “Planet, Place and People” in advance of the implementation of the Corporate Sustainability Reporting Directive, which ESB will be voluntarily applying. ' Stephen Walsh, Group Financial Performance Manager, ESB "Dogs Trust Ireland is honoured to receive two Published Accounts Awards. This recognition is a testament to the dedication of our team and their commitment to transparency, accountability, and excellence. Sharing the impact of our work openly with our supporters and stakeholders is central to who we are, and it’s deeply rewarding to see that commitment acknowledged in this way." Karla Dunne, Interim Executive Director, Dogs Trust “daa is delighted to receive this Published Accounts Award for our 2024 Annual Report. It’s a fantastic recognition from the Society of the hard work and collaboration that goes into producing our annual report with our auditors EY and our design partners Emperor. Thank you to everyone involved in organising a superb awards night.”  Kevin Cullinane, Deputy Director of Communications, daa  “We are absolutely delighted and honoured to win this prestigious award which is a true reflection of the time and effort that goes into the production of the Annual Report from cross functional teams across the Glanbia organisation. It is a true example of working together to produce quality output.” Marian Ryan, Assistant Group Financial Controller, Glanbia “Sustainability reporting extends beyond mere disclosure; it represents a commitment to accountability, transparency, and alignment with the Paris Agreement targets. By realigning strategies with science-based goals and conducting a double materiality assessment, businesses can integrate emission reduction, water and biodiversity conservation, robust social and governance practices, and sustainable finance considerations into their strategic planning. To achieve meaningful progress, organisations should also embed circular economy principles, strengthen stakeholder engagement, and enhance climate resilience. Companies that adopt this holistic approach are better positioned to drive responsible growth, create long-term value, and contribute to a sustainable global economy.” Anthony Raivellur, Judge, Former EY and Deloitte Sustainability Professional "The judging panel were incredibly impressed by the high quality of each report shortlisted, and the responsible teams should be immensely proud of their talent and dedication.  he ultimate winner in each category stood out by exemplifying the high standards of quality that we were looking for and have set a standard that other plcs, unlisted companies and charities can aspire to "  Maeve O'Connor, Judge and Group Financial Controller , Hostelworld “The standard of accounts continues to improve year on year with a noticeable effort for accounts to refer to risk factors and strategy achievements.  The leading accounts all have unique and helpful aspects such as informative  graphs and 5 year comparison tables” Gavin O’Flaherty, Judge and corporate partner, William Fry  “It was encouraging to see sustainability approached more holistically this year. The best reports moved beyond environmental checklists and spoke about people, community, and purpose. When brands align sustainability with authentic human connection, that’s when it becomes a meaningful part of their identity.” The full judging panel for the Branding, Communication and Digital Award: Larry Byrne of Larry Byrne Design  Andrea Kavanagh of Resonate Design Barbara Monahan of CUBE Design    

Chartered Accountants Ireland has named Donegal native and University of Galway lecturer Sophie Sweeney ACA as its 2025 Chartered Star. Awarded annually, the accolade is given to one of the Institute’s shortlisted members who demonstrates outstanding commitment to any of the 17 UN Sustainable Development Goals (SDGs). The competition – running since 2016 – gives the winner the opportunity to participate in the One Young World summit as the Institute’s representative. This year’s summit will take place in Munich, Germany, in November. In her application submission, Sophie described herself as a “storyteller at heart.” She is a lecturer in accountancy, finance and tax at the University of Galway and actively positions the SDGs within her teaching. Sophie believes in intertwining the SDGs into accountancy education to embed trust and sustainability as core values for future finance leaders. As well as this, Sophie is a PhD candidate examining how people experience tax across life stages. She advocates against inequality in social and taxation systems for the benefit of future generations and believes that education is essential to this. Commenting on her win, Sophie Sweeney said: “I am very excited and honoured to have been selected as Chartered Star 2025. I am passionate about learning and education as a means to promote equity and progress. I am really looking forward to hearing from all the contributors at the Summit, and to workshopping with the other delegates. We can learn a lot from each other.” Acknowledging the central role Chartered Accountants play in addressing the global challenges that the UN SDGs aim to address, competition entrants were shortlisted based on written and video testimonial submissions outlining how they live the values of the SDGs through their work and other pursuits. The summit will bring together the Chartered Star and 2,000 other young future leaders from over 190 countries for workshops and addresses from global leaders. Plenary topics featuring on the 2025 programme include the circular economy, responsible tech, anti-hate, education and peace and security. Commenting, Chartered Accountants Ireland Sustainability Advocacy Manager Susan Rossney said:  “Chartered Accountants are playing an ever-increasing role in addressing the UN SDGs through their work. Sophie’s work and her research interests espouse cover several of these including education, reducing inequalities, and promoting economic growth. Not only this but she actively raises awareness of the goals through her teaching, ensuring the next generation of finance professionals understand their role in meeting the goals”. Director of Members and Advocacy, Cróna Clohisey said:  “The Chartered Star competition is a very important initiative for the Institute. It highlights the power and potential of the Chartered Accountant to contribute meaningfully to societal change. Trusted business leadership is the Institute’s guiding principle and Sophie exemplifies this. She emerged as the worthy winner from a highly impressive shortlist and will gain a lot from the Summit, bringing these learnings back to her students. I wish her the best for the Summit in November.”

The Institute’s UK Tax Manager, Leontia Doran, delivered evidence on Monday in the Palace of Westminster to the House of Lords Economic Affairs Finance Bill Sub-Committee. As set out in the Institute’s Pre-Budget submission, Leontia told the Committee’s inquiry into draft Finance Bill 2025/26 that the number of farms affected in Northern Ireland will be much higher than the Government says. The Institute is also concerned about the impact on family-owned businesses in Northern Ireland. You can watch the evidence session here. Leontia highlighted the cost and administrative burden of the changes and the lack of consultation by the Government on these policy changes, which thus far have failed to consider the human impact and the wider economic ripple effect. In the lead in period to the changes taking effect from 6 April 2026, tax agents are already managing a very challenging workload including preparations for Making Tax Digital for Income Tax and mandatory tax adviser registration. Leontia discussed the potential for transitional measures to reduce the impact on older taxpayers who may be unable to make lifetime gifts and survive the seven years necessary to avoid an Inheritance Tax liability. Overall, the Institute is urging the Government to rethink the draft legislation and to introduce a range of mitigations to protect smaller farms and family-owned businesses. If this is not possible, Northern Ireland should be exempted from the changes given its unique circumstances. Further detail on the Institute’s recommendations is set out in our pre-budget submission. Earlier this year the Institute wrote to the Exchequer Secretary to the Treasury to highlight the disproportionate impact of these changes on Northern Ireland.

The Finance Directorate at Queen’s University Belfast has launched a new graduate trainee programme in partnership with Chartered Accountants Ireland.  The graduates will work towards a chartered accountancy qualification with the Institute while gaining invaluable, hands-on experience in the workplace at Queen’s, with the technical expertise, commercial awareness and professional skills needed for a successful career in accountancy. Photographed at the front of the Lanyon are four of the graduate trainees: Laura McCullough, Zoe Taylor, Nicole Woods and Hannah Wylie, as well as Queen’s Vice-President and Chief Finance and Resources Officer, Patrick Anderson, and Director of Finance, Matthew Graham, with Zara Duffy, Executive Head of Global Engagement at Chartered Accountants Ireland, and Sinead Fox-Hamilton, Relationship and Professional Development Manager, Chartered Accountants Ireland. Speaking about the new Programme, Zara Duffy, Chartered Accountants Ireland said: “We’re delighted to work with Queen’s University on this new graduate trainee programme. The trainees will benefit from first-class experience in their role at the Finance Directorate and can work towards becoming fully qualified chartered accountants at the same time.  “We’re very keen to work with employers to find ways to empower their graduates and help them to carve out a rewarding career in chartered accountancy.”  

Chartered Accountants Ireland notes targeted actions to support business and the domestic economy, such as changes to Revised Entrepreneurs Relief, the extension of the Special Assignee Relief Programme, and an increased rate of R&D tax credit, noting the role these can play in enabling Ireland to remain competitive in attracting quality employment and investment. Cróna Clohisey, Director of Members & Advocacy, said: “Global economic uncertainty presented government with a trade off in Budget 2026, and it is clear today that VAT measures have trumped personal taxes in the need to protect employment.    “For the first time in five years, income tax credits and bands have not been adjusted for inflation—meaning many workers will face an unexpected tax hike in 2026. Wage growth will push more earners into the 40% tax bracket, while rising PRSI contributions further erode disposable income. This squeeze on take-home pay, despite no change in tax rates, will inevitably impact consumer spending.”  Missed opportunity to reduce the burden of compliance for business On Enhanced Reporting Requirements, Cróna Clohisey said: “It is really disappointing that no changes to Enhanced Reporting Requirements were announced today. The onerous real-time reporting of tax-free small benefits and expenses is a compliance burden on businesses and not addressing this today was a missed opportunity.” Balancing the cost of doing business Chartered Accountants Ireland advocates on behalf of almost 40,000 members, with Institute research showing that 77% of SME members reported increased business costs in the past six months, the largest being labour costs. While the VAT reduction for food, catering and hairdressing services will be helpful in managing costs for some businesses, it will not address the cost pressures facing SMEs across other sectors of the economy. Cróna Clohisey said: “While the reduction in VAT for certain hospitality services may offer some relief to businesses in that sector, it does not address mounting cost pressures across the wider economy. For example, businesses have already been impacted by the increase in Employers’ PRSI from 1 October 2025 with further increases expected each year up to 2028 – a direct increase in the cost of labour. A more sustainable approach to easing these cost burdens is needed.” Supports for business At a time when countries globally are sharpening their industrial tools amid greater competition for investment, today’s changes to the R&D tax credit demonstrate the government’s commitment to research and innovation. Gearóid O’Sullivan, Head of Tax, Chartered Accountants Ireland said: “R&D is an extremely valuable tool to boost economic resilience and drive growth and job creation in the economy, and today’s increase in the R&D tax credit rate to 35% is very welcome. We look forward to further detail in the coming weeks on the government’s research & development compass which we hope will lead to meaningful changes to the relief to address divergence with industry practices. “In terms of broader innovation and enterprise supports, we know that barriers to access and administration can disincentivise businesses from claiming, particularly for time and resource-constrained SMEs. Such barriers should be reduced in favour of efficiency wherever possible.” Addressing the infrastructure deficit Chartered Accountants Ireland has engaged extensively in recent years on methods to address significant deficits in the State’s crucial infrastructure, which represent a threat to ongoing economic growth and investment. Commenting on the tax measures for new build apartments, Cróna Clohisey said: “The VAT cut on new apartment sales coupled with the targeted corporate tax deduction for certain construction costs on the building of new apartments should help address supply challenges given it will be implemented in a time limited and targeted way. Viability of certain construction projects has been cast into sharp focus in recent months, with CSO data showing a drop of 24% in apartment completions from 2023 to 2024. Today’s measures will hopefully jumpstart construction on many sites that already have planning permission.”  

Clare Murphy trained in EY in Waterford and spent some time in the earlier stages of her career in Sydney before moving back to Kilkenny and more recently has been based in Cork. Having progressed in her career over the years, she is excited to continue her career journey back in Sydney where she has two siblings and plans to return this autumn. Clare returns to Australia at a more advanced career level and has already started leveraging the strong network of members there. We caught up with Clare during her preparations. 1. Where did you grow up and where do you live now? I grew up in Wexford before moving to Bunmahon, Co. Waterford midway through my childhood. More recently, I have been living and working in Cork, though I will be returning to Sydney at the end of October. I studied Commerce International with German at University College Cork, which included an Erasmus year in Konstanz, Germany. After graduating, I began my training with Chartered Accountants Ireland, working with EY Waterford for three and a half years. Following that, I moved to Sydney where I gained nine months of international experience before returning home to live and work in Kilkenny for 18 months. This past year I’ve been based in Cork, continuing to develop both professionally and personally, while preparing for the next stage of my career back in Australia. 2. What made you choose to become a Chartered Accountant? And if you weren't a Chartered Accountant, what do you think you would like to have been? I always loved working with numbers and enjoyed maths and accountancy in school, so that was telling enough. I was also interested in engineering, architecture or lecturing (I love the academic world). Or perhaps I would have thrown my hat at anything sports-related! 3. Can you tell us a little about how you got to where you are today – both the geographical relocations and career path. I’ve always been quite active — growing up I played camogie competitively in and for Waterford, and more recently I’ve turned to running, which has fitted in well with living all over Ireland and in Sydney, a city that thrives on an active lifestyle. My professional journey started in financial audit with EY Waterford, before moving into financial consulting with EY Dublin. That mix of audit and commercial exposure gave me a really solid grounding in accountancy, and it was the perfect base for moving into more analytical and commercially focused roles. From there, I took on an FP&A role in Sydney, which sparked a career path I’ve loved. Since then, I’ve worked across FP&A, finance business partnering and finance manager roles. These roles have combined not only analysis, forecasting and commercial awareness, but also leadership, project delivery, and working with a wide range of stakeholders to influence decisions and drive improvements. It’s been a varied path, but the common thread has always been using financial insight to add value to the business. 4. What do you value most about your membership of the profession and how do you think those benefits can be used to support the economy and society?  For me, the real value of the profession is the credibility and global recognition it brings. The CA qualification has enabled me to build a career that has taken me around Ireland and across the world — with Australia being a choice I was able to make because of the strength of the designation. It has given me the confidence to work across industries and countries while staying connected to a strong professional community. Beyond individual careers, the profession supports the economy by driving better business decisions, stronger governance, and growth. And on a societal level, it creates a community of people all over the world who share the same standards, values, and commitment to transparency. That sense of trust and connection is more important now than ever in supporting both businesses and society as a whole. 5. As a member that has lived away from Ireland, returned and is on the move again, can you talk to us about how your membership has been of value to you here and living overseas?  As I mentioned, I have a network and community I can link in with again. In addition, the Institute teams are always open to connecting members and assisting members across a variety of career paths. 6. What were the most significant/noticeable differences you encountered doing business and networking away from home and back in Ireland?  Away from home, I found that having connections was vital — in Sydney, even a small network made a big difference when starting from scratch. Networking there is fast-paced and often happens outside formal settings, so leaning on those relationships was key. Back in Ireland, it feels easier to build connections on your own. The community is smaller and very interconnected, which means relationships grow more naturally and often overlap between personal and professional circles. I’m really looking forward to going back to Sydney and building on my network — there’s a strong connection between Ireland and Australia, and I’ve already reaped the benefits of it, so it will be great to nurture that further.

3 in 4 organisations are already relying on Chartered Accountants to ensure data integrity against a backdrop of economic uncertainty, digital disruption, and eroding institutional confidence. This is according to new research which finds that Chartered Accountants rank among the world’s most trusted professions in an era of AI and misinformation.This research is the fifth iteration of the Trust Survey conducted by Edelman DXI for Chartered Accountants Worldwide (CAW), and it finds that the profession ranks third globally for trust, just behind doctors and engineers.Data accuracy and misinformation emerge as a key challenge in the current business environment and a growing concern for financial decision makers, with 3 in 4 respondents agreeing that these are key concerns for their business.  Trusted partners in times of transformation Today, finance and business leaders are increasingly turning to Chartered Accountants to help them navigate digital transformation challenges – including AI integration and the threat of misinformation – and provide strategic leadership in adapting to a fast-changing landscape. Commenting, Rosemary Keogh, CEO of Chartered Accountants Ireland said  “Since the first wave of the Trust Survey in 2018, the research has shown a strong demand for our members to act as trusted business leaders in times of uncertainty, providing guidance through global crises such as COVID-19, Brexit, economic shocks, and the cost-of-living crisis. The last time this research was conducted, 67% of business leaders reported that they turned to Chartered Accountants for their services or advice to navigate economic uncertainty and the cost-of-living crisis. Fast forward to 2025, and while the challenge has evolved, the reliance on Chartered Accountants for strategic guidance remains.  “In 2025, data accuracy and misinformation are key challenges in the business environment. 76% of respondents identify these as key concerns for their business, with Ireland and Northern Ireland recording some of the sharpest increases in concern among all the markets surveyed. We will continue to work to support our members across the island of Ireland in meeting this demand.”  Growth of Artificial Intelligence (AI) When it comes to AI, the research shows that Chartered Accountants will be key to helping navigate the challenges brought on by its adoption. While AI can process data, 83% agree that the profession provides the critical analysis for business decisions, and 74% say the profession play a crucial role in driving business AI investment.   The rise of the data guardian and ethical steward The Edelman DXI study reveals that three in four businesses now rely on Chartered Accountants to ensure data integrity: a +6-point rise since 2023. Their role is seen as fundamental to both financial stewardship and safeguarding ethical decision-making in an age of algorithmic risk. “At a time of eroding trust in institutions, Chartered Accountants are bucking the trend,” said Ainslie van Onselen, Chair of Chartered Accountants Worldwide.  “In a world shaped by AI, disinformation, and rising demand for accountability, our profession is standing tall – not just for technical excellence, but as guardians of trusted data and ethical leadership. Across CAW’s global network, member institutes are leading the way in equipping Chartered Accountants and students to meet emerging challenges and opportunities head-on. This is more than a vote of confidence – it’s a mandate for leadership,” said Ms van Onselen. “Chartered Accountants are being called to lead not only in financial stewardship, but in helping businesses navigate ethical and digital frontiers.” About the research The Trust Survey, conducted by Edelman DXI in partnership with Chartered Accountants Worldwide (CAW), has been running since 2018. The 2025 wave explores public and business trust in the accountancy profession during a period marked by global disruption and transformation. This year’s focus includes themes such as trust, AI adoption, misinformation, purpose-driven leadership, and talent. The Trust Survey offers a longitudinal view of how the Chartered Accountant designation is perceived by business leaders globally, particularly in relation to shifting expectations around technology, transparency, and ethics. The research had a sample size of 1,725 finance decision-makers (Director level and above) within businesses across 10 markets.

Last Tuesday HMRC held its Annual Stakeholder Conference in London which the Institute was represented at by our UK Tax Manager, Leontia Doran. Under the conference theme ‘Navigating the future together: the Transformation Roadmap in Action’, attendees heard more from HMRC’s new CEO and First Permanent Secretary, JP Marks, about the ambitious plans in its Transformation Roadmap, which we previously provided an update on in July. Attendees also took part in a series of workshops, all of which were themed around the roadmap, and which provided the Institute with a key opportunity to directly engage with several senior leaders in HMRC. In his speech, JP Marks spoke frankly about the challenges which lie ahead but importantly also recognised the need for greater openness and transparency. He set out his vision for even greater collaboration between agents and HMRC in which he sees both groups working together as stewards and custodians of the UK tax ecosystem. It is clear that Mr Marks sees co-creation and collaboration as key to achieving HMRC’s goals in the future. The Institute recently wrote a letter of introduction to Mr Marks ahead of the conference setting out four key issues on our agenda. These are as follows: The Institute’s campaign for a lower rate of corporation tax in Northern Ireland, The tax burden and complexity arising from cross-border and remote/hybrid working, Tax simplification and the lack of progress in this area, and Making Tax Digital for Income Tax and the implementation of mandatory tax adviser registration from 1 April 2026. Building on previous annual conferences, the tone of the conference was ultimately collaborative and optimistic with a clear focus on innovation and partnership. Simplification of tax administration was another key theme, one which the Institute has been vocal about for some time. As HMRC strives to make administration largely digitalised and user-friendly, the protection of taxpayer data from cyber threats is also a top priority. Attendees heard in person from the new Exchequer Secretary to the Treasury (XST), Dan Tomlinson MP, who in his speech spoke about his role’s three key priorities, which are unchanged from those of his predecessor, and how these fit with the roadmap. The XST also shared updates on the expansion of HMRC’s compliance and debt management teams and his speech confirmed that he has taken up the role of Chair of the HMRC Board. As a reminder, the three key priorities of the XST are: Improving day-to-day performance and the overall taxpayer experience, Closing the tax gap, and Driving reform and modernisation of the UK’s tax and customs system.

Cróna Clohisey, Director of Members & Advocacy commented:  “Today’s Action Plan places a welcome emphasis on controlling what we can in a volatile global environment. It is encouraging to see the announcement of a ‘Red Tape Challenge’ to reduce regulation for SMEs. Combined with the existing SME Test, we hope to see reduced cost and regulatory burdens so businesses can spend more time innovating and creating jobs. Our research reinforces this urgency; 57% of SMEs surveyed by us this year identified regulatory compliance burdens as a key area in need of government support.  “The policy focus on examining options to boost the competitiveness of the R&D Tax Credit is crucial for ensuring that Ireland remains a top destination for innovation, attracting both domestic and international companies. The R&D tax credit regime critically requires enhancements for greater uptake and access for SMEs and we have called for these in the CCAB-I Pre-Budget Submission.   “The announcement of a National Artificial Intelligence Office reflects our longstanding view that AI is a powerful opportunity to reduce administrative burdens, enhance data driven decision making and bolster competitiveness. The NAIO will hopefully be a much-needed forum to shape the future landscape for business in Ireland. “While the direction of the Action Plan is welcome, as is a whole-of-Government commitment, delivery will be critical. The implementation framework with its broad timelines is a useful element of the plan, however businesses also need to see accountability and transparent implementation so that these policy objectives translate into progress on the ground.”  

The earning potential for Chartered Accountants working in Leinster has increased significantly, according to the Chartered Accountants Ireland Leinster Society Salary Survey 2025. The survey results show the average salary package of Chartered Accountants in the region now stands at €131,654. This figure is a 6.6% increase on the 2024 average (€123,466) and marks a salary increase of 20% since 2020 (€109,989).   The annual survey of nearly 1,000 Chartered Accountants, launched today by Chartered Accountants Ireland Leinster Society in partnership with Barden, Ireland’s leading accounting and tax talent advisory and recruitment firm, provides the most up-to-date guide to Chartered Accountant salaries and employment prospects in the Leinster region.    The research, conducted by Coyne, shows earning potential across the profession remains strong, with:   Average salary package of €131,654 for Chartered Accountants working across all sectors. This figure includes base salary, car or car allowance, and bonus.  Average salary package for a chartered accountant with 5 years post qualified experience now stands at €97,527, an increase of over 8% on 2024. Newly qualified respondents across all sectors saw their pay increase to €72,450 from €68,121 last year, an increase of 6%. The average salary package of newly qualified respondents working in industry now stands at €82,279 (up almost 16% on 2024 data).   Satisfaction with remuneration   Respondent satisfaction is high, with 65% satisfied or very satisfied with the salary they receive. The data highlights several positive trends, with 88% of respondents saying their total remuneration has increased in the past three years and 27% reporting more than a 25% increase. 77% expect their total remuneration to increase within the next 12 months.   Uptake of artificial intelligence (AI)  28% of Chartered Accountants use AI in some form to assist their day-to-day work, doubling from 14% in 2024. In this way, the potential of AI to streamline workflows and increase efficiency is already being felt across the profession.   Over half (57%) of respondents say AI represents a significant opportunity for the profession, and that it will allow the profession to move further up the value chain in terms of the work it does.  Two-thirds of respondents feel that artificial intelligence will impact positively on their career, with only 9% believing it will have a negative impact. Looking beyond AI to the wider impact of technological development, 69% feel that automation solutions will impact positively on their career, with 66% of respondents saying the same about online collaboration tools.   Sarah Murphy, Chairperson of Chartered Accountants Ireland Leinster Society, said:   “Salary increases across the sector are evidence of the value that employers place on the work of chartered accountants in businesses, practices and more. Looking to the future, the potential for progression is also strong, with 44% of respondents having received a promotion in the last three years.    “As the role of accountants continues to evolve, to see a year-on-year doubling of the numbers using AI in their day-to-day work points to a profession that is highly adaptable and open to the opportunities that technology presents. Chartered Accountants hold positions of significant trust in organisations, and their ethical standards, critical thinking and analytical capabilities will be in even greater demand as business leaders as AI becomes more established. These results are a strong endorsement of Chartered Accountancy as a sustainable and fulfilling career, full of opportunity.”  Attractiveness of the profession  Becoming a Chartered Accountant remains attractive for those seeking career progression pathways while maintaining work-life balance. In the last three years, 44% of respondents received a promotion and almost 80% cited the ability to work remotely as a key way in which their employer provides flexibility.   Findings show that employers facilitate healthy work-life balance for members through a range of non-monetary rewards. As well as the option for hybrid working, parental and carers’ leave (available to 48% of respondents) and an employee assistance programme (available to 48% of respondents) were offered across sectors. 64% of respondents were satisfied with the non-monetary aspects of their job (63% in 2024); 72% were satisfied with their work environment (76% in 2024); and 67% were happy with work-life balance (66% in 2024).   Elaine Brady, Managing Partner, Barden, said:  “Despite the continued backdrop of macro-economic uncertainty over the past 12 months, the inauguration of Donald Trump and the subsequent US trade policy changes, the demand for accounting talent from 2024 continued. This has resulted in very competitive offerings from employers across the board. There has never been a better time to enter the profession, with a widespread focus from employers on work-life balance and non-monetary rewards for employees.   “The findings of this years’ survey can act as a reference point for employers focused on talent acquisition and retention. With high standards across the sector in terms of salary packages and pension contributions, employers continue to look for new ways to recognise the value of their employees. This includes hybrid working, which 80% of respondents cited as a highly valued attribute of their role.”    Common elements across salary packages   The majority (89%) of members have a pension, with 95% of these members receiving pension contributions from their employer. After basic salary, this pension contribution is the most valued aspect of the Chartered Accountant salary package for 54% of respondents. The other most common elements in respondents’ salary packages are payment of professional subscriptions (79%); Cycle to Work scheme (57%); health insurance (53%); and sponsored professional development (46%).    

On Wednesday, we had the opportunity to meet with Minister for Finance, Paschal Donohoe, and his officials to discuss the CCAB-I’s Pre-Budget 2026 submission. Our conversation focused on several key areas critical to Ireland’s competitiveness and business environment. We highlighted the work to date through the Tax Administration Liaison Committee and the Business Tax Stakeholder Forum on tax simplification, as well as the importance of tax certainty for businesses. We also highlighted the critical need for investment in infrastructure such as housing and childcare.   In terms of the specific tax measures we raised with the Minister, we discussed the following: Enhanced reporting requirements for employers – we highlighted the operational challenges of real-time reporting of in-scope tax free benefits and expenses, recommending periodic returns on either a monthly or quarterly basis. Special Assignee Relief Programme (SARP) – We stressed the importance of SARP in attracting global talent and called for its expansion to include SMEs and benchmarking our relief against comparable regimes in other jurisdictions. Participation Exemption for certain foreign dividends – While welcoming recent progress, we advocated for further enhancements, including completing work on a corresponding foreign branch exemption. Minister Donohoe reaffirmed the Government’s commitment to certainty and stability, which are essential for fostering a thriving business environment for both domestic and international businesses. We look forward to continued engagement to ensure Ireland remains a best-in-class location for business.

Earlier this week, the Government published its Action Plan to Support Market Diversification. With Irish businesses facing the unprecedented trading challenges posed by US tariffs, the plan’s scope, with more than 100 actions, certainly reflects the scale of the task ahead and the need for a coordinated national response. The plan also signals a re-commitment of policy focus toward supporting indigenous enterprise, something this Institute is strongly in favour of. With two-thirds of our almost 40,000 members working in business, many are directly engaged with Ireland’s SMEs. While foreign direct investment continues to constitute a key part of Ireland’s economic mix, these home-grown businesses (particularly SMEs) form the backbone of the Irish economy. Ensuring they are equipped to diversify, innovate, and compete internationally should rightly now be a primary policy objective.   In this regard, the plan’s commitment to “deepen agency support for companies seeking to diversify their export markets” and “cultivate new market opportunities, both within the EU and globally” will be welcome news to aspirant businesses seeking to extend their reach beyond the domestic trading space. Moreover, the establishment of a new “Market Diversification and Resilience Fund” will provide targeted assistance to both indigenous and multinational businesses most impacted by the trade difficulties brought about by tariffs. By next year, a new Trade and Investment Strategy will be published which will reflect these new approaches and position Ireland globally for the challenges of the future. For the action plan to succeed meaningfully, supports must be designed with accessibility in mind. Chartered Accountants Ireland’s May 2025 SME Business Sentiment Survey conducted with GRID Finance highlighted how many SMEs find existing Government supports either too time- or resource-intensive to access, leading to lower than anticipated levels of uptake. While the breadth of supports is positive, further steps need to be taken to ensure that business reliefs are not overly complex or difficult to claim. Simplifying application processes and reducing administrative burdens will be key to ensuring that any new supports reach the businesses that need them most. The action plan also speaks to an intention to fast-track visa options to allow for quicker entries of skilled workers needed in high-demand sectors. Talent is a critical driver of competitiveness, and faster entry routes will be welcomed across many industries, including the accountancy profession. Chartered Accountants, already included on the Government’s Critical Skills List, are among the most in-demand professionals whose expertise will be essential to guiding businesses through the current uncertain landscape. Our research consistently shows that in times of economic uncertainty, Chartered Accountants are heavily relied upon to help businesses navigate crises. We fulfilled this important role as trusted business leaders during the Brexit transition, the COVID-19 pandemic, and more recently, during the cost-of-living crisis. Any new fast-track visa scheme should therefore reflect the importance of Chartered Accountants alongside other in-demand skills. Overall, this week’s announcement represents a positive, whole-of-Government approach toward safeguarding Ireland’s economic resilience. The challenge now is to ensure that ambition translates into action, and that the supports offered are not only comprehensive, but also genuinely accessible and impactful for the businesses that rely on them. We will continue to analyse the detail coming out of the action plan, keeping members informed of further developments and ensuring your interests are represented.