Our Services - FinTax
234
page-template,page-template-full_width,page-template-full_width-php,page,page-id-234,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

Our Services

Learn about our history and work

COMPLIANCE / REVENUE AUDIT

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

Compliance Highlight Point

CORPORATE TRANSACTIONS

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

CORPORATE TRANSACTIONS

CORPORATE TRANSACTIONS

  1. Partition of family owned business on capital gains tax free basis. Obtaining pre-approval from Revenue to de-merge subsidiary companies from the family group with the de-merged entities under the ownership of different family members.
  2. Development property sale. Company had a successful trading business and a valuable property. Received an offer for the property which the purchaser wanted to develop. To balance the objectives for the vendor & purchaser the existing company’s trading business was hived out on tax free basis to new company and vendor acquired existing company with the target property.

PROPERTY TRANSACTIONS

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.

PROPERTY TRANSACTIONS

PROPERTY TRANSACTIONS

SUCCESSION & CAPITAL TAX PLANNING

SUCCESSION & CAPITAL TAX PLANNING

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.

GLOBAL MOBILITY

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:

A
Short term business visits
B
Short term assignments
C
Long term assignments
D
Commuter Assignments

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.

Got questions? Need assistance? Get in touch!