Can you dispose of part of your Irish business, or can you sell a property, leaving you liable to Capital Gains Tax rather than being assessed to Income Tax on the proceeds? You could take advantage of the significantly lower rate of Capital Gain Tax that applies, and take a lower salary from your …
Could art be a tax-effecient investment? Art is considered to be chattel by Irish Revenue and any increase in the value of artwork when it is sold is exempt from all forms of tax – not bad when you consider that you can invest as little as €500 in a piece of art and that …
Some quick tax saving tips to help you avoid paying too much tax Some other suggestions to save tax in Ireland in rapid-round format: 1. You can become a dual income couple – Pay your spouse through the business up to the limit of his / her 20% Income Tax limit moving income from 40% to 20%. …
What is the best way to save tax? These tax saving tips may help Can you do accounts now before the year ends? Get accounts on time, then set out a plan with your accountant before the year end or as close as possible to the year end. That way you can plan your business to avail …
Call us now 