TAXATION PLANNING AND COMPLIANCE
Every business is subject to a wide range of taxes. These can vary depending on your business structure, i.e. if you’re a sole trader, partnership, limited company etc. The most common taxes include:
- Income tax
- Corporation tax
- Capital gains tax
- Capital acquisitions tax
- Gift tax
- Stamp duty
- Value added tax
- Relevant contracts tax
- Pay related social insurance (PRSI)
- Health and income levies
As tax legislation is constantly changing, it’s important to plan your business activities so that you minimise your tax liability and take advantage of any available incentives. We can help in this regard.
In summary, we can:
- Advise you on the best form of business entity you should set up, i.e. sole trader, partnership, limited company etc.
- Prepare your tax returns (under all tax headings) to ensure compliance
- Plan your capital gains tax
- Structure your tax for property acquisitions and disposals
- Plan for Inheritance gift tax
- Advise on retirement and pensions
- Prepare for stamp duty
- Plan for VAT and compliance
- Plan for PAYE/PRSI and compliance (as an employer and employee)
- Provide support for a Revenue audit