tax-planning

General Tax Planning

We offer problem solving advice on personal and business issues with emphasis on the tax aspects. Such planning can involve:

  • passing on the family business to the next generation
  • mergers and de-mergers
  • Share buy backs
  • Retirement and pensions
  • liquidations
  • Revenue Audits
  • Family and Shareholder disputes, including marital separation & divorce

We consider the tax implications of our clients existing business structures and offer recommendations as to tax efficient structures that can be adopted, including:

  • Sole trader: if a business is small, then costs can be kept minimal with this structure. However the tax benefits and costs should be considered, including the chosen accounting date.
  • Partnerships: we advise on the setting up of partnerships and cessation, including the addition or loss of a partner to the Partnership.
  • Joint ventures are often used in property development transactions
  • Limited Company: when to incorporate and the available tax benefits and reliefs
  • Group of Companies: when a second or more company is justified. We consider the tax implications of adopting a more complex group structure for your business