The Incorporation Decision
There may be significant benefits to incorporating your business. Indeed it is often advisable for businesses to incorporate to avail of limited liability status, the beneficial corporation tax rate... Click here to read more...
Retirement Relief
I am 68 years old and continue to run my own company. I now want to sell my business and retire. Can you please advise me of the tax implications of same? Click here to read more...
Capital Gains Tax Relief
Current legislation allows for relief from Capital Gains Tax with regards to properties purchased before the end of 2014. This relief is known as the property purchase incentive. Normally, an Irish... Click here to read more...
Capital Allowances for energy efficient equipment
Section 285A TCA 1997 provides for accelerated capital allowances in respect of expenditure incurred by companies on certain energy efficient equipment bought for their businesses. Capital allowances... Click here to read more...
Home Renovation Incentive Scheme (HRI)
Finance Bill (No. 2) 2013 provides for a Home Renovation Incentive (HRI) which will run from 25 October 2013 to 31 December 2015. The incentive provides for tax relief for Homeowners by way of a tax... Click here to read more...
Employment & Investment Incentive (EII) Scheme
Subject to certain conditions, relief from income tax is available by way of a deduction from income to individuals who invest long-term risk capital in ordinary shares of unquoted qualifying... Click here to read more...
Vehicles Purchased for use by People with Disabilities
The Tax Relief for Vehicles Purchased for use by People with Disabilities Scheme provides for a range of tax reliefs in connection with the purchase and use of motor vehicles. Click here to read more...
Business Relief
My family business is to be transferred to me in the coming years. I believe this may be a gift for tax purposes. Are there any reliefs from CAT available to reduce the liability arising on same? Click here to read more...
Trustee Duties
I am an owner / director of an SME. I am also, as an individual, one of the trustees of the employee pension scheme. I do not understand what this means and what duties I am supposed to perform in... Click here to read more...