Jan 22, 2013 | Blog, Tax Planning
Wills When drafting or reviewing your will, you should consider the potential exposure to Capital Acquisition Tax (CAT) for those receiving the assets. Otherwise the recipient could end up in the unfortunate position where they need to sell the asset in order to pay...Jan 16, 2013 | Blog, Personal Finance, Tax Planning
Death and taxes – the only two things we can all be sure of in this life! Most people are aware that various taxes are triggered by death, but many families in Ireland still do not plan adequately for the passing of assets on to the next generation Most of the...Dec 5, 2012 | Accounting, Blog, Personal Finance, Tax Planning
Tax credits and reliefs reduce the tax you pay on your income; they effectively mean more money in your pocket! It is important therefore to make sure you are claiming everything that you are entitled to. If you are required to file personal income tax returns then...Oct 31, 2012 | Blog, Personal Finance, Tax Planning
What is a defined benefit pension scheme? These are employer (occupational) pension plans setup by an employer to provide pension and other benefits to employees. In a defined benefit (DB) scheme, the pension income and/or lump sum you get when you retire is related...Jun 7, 2012 | Blog, Personal Finance, Tax Planning
Irish rental Income Regardless of where you live, rental income from an Irish property will always be subject to Irish tax. If a “non-resident landlord” does not register a collection agent with Revenue, then the tenant must deduct the standard rate of income tax...May 31, 2012 | Accounting, Blog, Tax Planning
With unemployment hitting 14% we have seen a return to the ‘80s, with thousands of Irish, both young and old, boarding planes to all corners of the world in search of opportunity. Sadly many have been out of work for some considerable time, others simply looking for a...