Category Archives: Business Transfer

Should I Stay or Should I Go?

“Should I stay or should I go now? Should I stay or should I go now? If I go there will be trouble And if I stay it will be double. So come on and let me know” The Clash It’s sunny but cold here in Tramore. A sun cream and woolly hat sort of

Passing on your Company – Excess Investment Assets – Part 2

We have the 3 W’s in Tramore today. Wet, warm, and windy. The kind of weather you don’t mind putting the cat out into. Sure, he’ll dry off pretty fast. When I suggested this to the cat, he didn’t seem too excited about the idea. Kilkenny cats get a rough time on the streets of

Passing on your Company – Excess Investment Assets – Part 1

We are in the thick of tax return season for 2020. It’s the final countdown to the 17th of this month. The Beyonce song “Irreplaceable” comes to mind. “To the left, to the left. Everything you own in a box to the left” We use a Kanban flow chart to organise all the clients. We

Company Reorganisation – Passing On Your Business

Greetings from a wet and warm Tramore. For our sports commentary this week we are staying very local. Tramore v Dunhill in the eastern intermediate semi-final this Sunday in Walsh Park. The guy on the keyboard played for Dunhill for 5 years after moving from his home club in Kilkenny. We last won the intermediate

Should I Stay or Should I Go Now?

Should I Stay or Should I Go Now? Should I stay or should I go now? If I go, there will be trouble And if I stay it will be double So come on and let me know [The Clash] Last week we looked at excess cash in your company when transferring shares. In case

Excess Cash On A Business Transfer

What a great week of weather before the schools go back. The very old [should be in a museum] writer of this hit 49 yesterday. He’s delighted to be still in his 40’s. There will be no mention of birthdays this time next year. A flock of quarrelsome crows was my alarm clock this morning.

Tax Strategy For Your Business – Part 3

The Olympics are over. Worse still both Kilkenny and Waterford are gone out of the hurling. All is not lost as we have 1000 live games on Sky Sports, Premier Sports & BT Sport. And that’s only soccer. An average of 3 games a day at 2 hours per game! There will be no more

Management Buy-Out. How Can This Work?

It sure is exciting times on the sporting front. An epic match between Kilkenny and Wexford last Saturday that had huge drama. Great scores, serious hits, a sin-binning, and hawkeye. When Conor McDonald flicked the ball to the net with time almost up I wasn’t a happy man. I was feeling quite nauseous at that

Do’s and Don’ts When Exiting Your Business – Part 2

First off, a very well done to all those who organised and participated in the Waterford Marathon. It was virtual of course and especially well done to those that did the full marathon. Not easy when virtual and in the middle of Summer. I got around the half ok and had a nice comfortable, hill

Do’s And Don’ts When Exiting Your Business

I was out for a gentle stroll to keep the legs moving before the Waterford half marathon this weekend. When I say gentle, think barely moving or a fast walk. As one local wag said to me before when I was out running “I thought you did a bit of running” as much as to