A good compliance record is essential for individuals and businesses. It reduces the risk of revenue audit and having an efficient compliance function reduces costs for businesses. FinTax provides full compliance support service for individuals and businesses.
Revenue audits can be a time consuming and costly process if not managed effectively. Based on extensive experience in managing the Revenue audit process the objective is to identify the issues that may result in assurance or compliance review by Revenue and determine the most effective option to resolve or avoid potential issues with Revenue.
Compliance Highlight Point
When it comes to buying or selling a business each deal is unique with the purchaser and seller approaching the transaction with a different set of objectives. In structuring the sale or purchase of business the goal is to balance the objectives for each party in the negotiation to obtain a successful outcome. I have been involved in these types of transactions for over 25 years in delivering tax efficient solutions to business owners. Some examples include
FinTax provides practical advice on the tax aspects involved in buying, selling or developing land and buildings. I have been providing support to legal & accountancy firms for over 25 years in relation to client’s involved in property transactions.
This has included advice on appropriate legal structures, tax based financing projects, tax aspects on debt re-structuring and VAT on property transactions.
SUCCESSION & CAPITAL TAX PLANNING
Complex issues arise in the context of transferring wealth and assets. In many cases it involves significant family issues and life events. I have assisted individuals and business owners in managing complex issues involved in transfer of wealth by lifetime transfer or planning for transfer by inheritance.
Capital tax planning should generally not be a once off event but should be reviewed during a person’s or business life cycle and be adapted to changes in personal or business circumstances and changes in tax law.
I have been involved in capital tax planning for high net worth individuals and family owned businesses for over 25 years.
Irish companies seeking to develop growth & business opportunities overseas send employees abroad either on short term business trips or employees are sent to another jurisdiction medium to long term assignments. The tax implications for employees can result in unexpected tax liabilities while working abroad in the process is not properly managed.
Employees generally work overseas under following categories:
No matter the category of your assignment FinTax can provide practical advice and support on your tax reporting obligations in Ireland and guidance on your obligations in the foreign jurisdiction.