Tax Registration
Whether forming a business as an individual or company, it is necessary to register for various taxes:

• Income Tax/Corporation Tax
• Tax Clearance
• Capital Taxes
• VAT
• Employers PAYE Obligations
• Sub-contractors
  

Employee Tax incentives
Employers may use monetary and other incentives to motivate staff. Knowledge of the tax implications associated with different types of remuneration is needed to take advantage of benefits and avoid the pitfalls. Certain employee benefits are paid free of tax, or at special low rates of tax.  We can help you exploit them to best advantage.

Property Ownership & Tax
Whether dealing with investment or business property, a clear understanding of the chosen ownership structure and associated tax consequences is vital. Taxes on income can be as high as 52%.  Companies pay tax @ 12.5%.  This leaves companies with a lot more after tax has been paid.  But companies can be subject to double taxation when they sell assets.  First, when they pay capital gains tax, and a second time, when shareholders draw down the profits.  We can help you weigh up the pros and cons in deciding what's best for you.
Tax considerations include minimizing the cost of funding, recovery of VAT on procurement and development; knowing the tax incentives and how to tap into them.

Retirement Planning
Advice is available for employees, executives and owner managers on the various tax issues associated with retirement planning, the payment of lump sums and transfer of shares on retirement.

The purpose of a pension is to build up funds while you can, to provide for a time when the capacity to earn is no longer there, or has been curtailed. Most people would like to keep the same standard of living after retirement as they had before. Some want more, and that is possible too. Pensions are one of the most tax efficient ways of saving for the future. They are optional now, soon they will become mandatory, with high associated costs. This reflects the fact that so few people make adequate provision.  The goal is financial independence, in retirement.  The need is real, but too fare away for most people to give it the attention it deserves.

There is flexibility in Retirement Planning that mixes pension funds and personal investments.  Where the latter is not enough, pensions provide a tax efficient was to build up a fund.  Rented investment properties can provide income in retirement. They require management too . Personal savings can be taken without further tax. But some funds may have exit taxes.  Pensions funds allow for some tax-free cash on retirement which is nice. The choices are there.  The key is to make them early.

Construction Industry Taxes
Special tax issues arise in the construction industry; Sub-Contractors are required to withhold tax from payments under contracts. Rules apply to those who operate in the construction industry.  There are simplifying measure to help ease the burden.  We can help to manage this for you.

VAT & Leasing for Investment Property
Property development is a specialist area for VAT purposes. Expert knowledge is necessary to avoid the pitfalls and minimize cost.

VAT, as it applies to property development and investment, presents opportunities and pitfalls. It is vital that you understand the rules in order to operate tax efficiently.  Our experience can help you maximize your return.

Revenue Audit
Advice is given based on many years experience in dealing with the Revenue Commissioners at various levels to include preparation for, assistance during, and negotiating settlements, representation in dispute cases, seek payment rescheduling, bring tax affairs up to date.