We offer an experienced service that covers all taxes including Income Tax, Corporation Tax, Capital Gains Tax and Capital Acquisition Tax. Our compliance systems ensure that deadlines are met across the board. We offer technical advice and devise efficient solutions in all tax areas. Our taxation services includes the following.
Corporation Tax and Income Tax Compliance
We have an interactive and ongoing relationship with both corporate and personal clients throughout the year. This facilitates compliance and means that issues are dealt with as they arise. We ensure that deadlines are met and that maximum use is made of allowances and reliefs.
In our planning process we look for the optimal solutions and this can include the use of the Corporation Tax exemptions for start-ups and the use of loss and other reliefs.
Revenue Audit/ Aspect Enquiries
Dealing with Revenue Audit can be a time consuming and burdensome affair. We have considerable experience dealing with Revenue Audits and Aspect Enquiries across all sectors and can give significant support and advice in dealing with these enquiries.
Capital Gains Tax
Capital Gains Tax arises on the disposal of assets and can arise in the following situations.
- Share buy backs
- Exit strategies
- Transfer or disposal of assets
We seek to apply the most efficient strategies to minimise exposure to Capital Gains Tax and this can include the use of Entrepreneur Relief and Retirement Relief and where conditions are met there can be significant savings on the tax cost.
Capital Acquisition Tax
This tax arises on inheritances or gifts. It can also arise in circumstances such as the following.
- Transfer of control
- Exit strategies
Business Relief is a significant relief that can reduce exposure to Capital Acquisition Tax by 90%. We also seek to minimise the tax cost by identifying other reliefs or exemptions that may be applicable. Ideally planning should commence well in advance of any transactions taking place. Where this does not happen however, it is still possible to take steps that will yield significant savings on the tax cost within a shorter time frame.