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Personal Taxation

Tax legislation has become more stringent with a greater emphasis on individual responsibilities and has consequently resulted in professional advice and support being more important than ever before if you are to optimise your tax position and ensure you meet all the compliance requirements.

The annual self-assessment tax return is not as straight forward and routine as many believe and requires a detailed knowledge of the ever changing Irish tax regime. Business owners are reviewed taking both their personal tax and corporation tax situations into account so as to maximise the array of tax reliefs and tax allowances that are available.

Contact us today and we will work together with you to understand your financial position so that we can develop a personalised strategic tax plan that best suits your individual circumstances and protects your assets into the future. This personalised strategic tax plan involves analysing the following areas in order to maximise your income by taking full advantage of the tax saving opportunities that are available to you.

·         Capital gains tax – a well-planned disposal of assets means minimal loss of capital gains.

·         Income tax – resulting in more income at your disposal.

·         Inheritance tax – resulting in more benefits for your beneficiaries.

·         Non-domiciliary tax issues.

·         Trusts & estates – relatively easy and tax-efficient way to set aside assets for future beneficiaries outside the inheritance tax thresholds.

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