Be aware of your normal place of work when claiming expenses. Are you entitled to claim them and what are the things to watch out for? We’ll take a look at a case that came before the Tax Appeals Commission last year. Let’s find out more about The Stars The issues Case for Jerry Case
When you sell your business is a Management Buy Out an option? We look back at an MBO success story that we were privileged to be involved in. Ben and Jenny Fox own Fancy Goods Ltd which sells luxury products to wealthy individuals. They have a shop and a growing online presence. Vera and Katie
My friend John calls me a bean counter, knowing that I am part of an accountancy and tax business. The bean counter reference is an accusation. A not-so-subtle dig at the accountancy profession. He doesn’t hold accountants in high esteem and is brutally honest about it. I came across the Bean Counter Cafe on my
It’s decision time for many company directors across the country. Should I take a bonus? We will look at a few examples of what I am talking about. One of which is how your business can help with personal wealth. The focus will be on Bar Coad Ltd and the options for Tommy. Talking points
We will look at Company Investments and Investment Bonds. We will introduce you to Don Gotti, the king of Dundalk. Companies will look to invest some of their excess cash. The purpose of this blog is to give you some information about a company investing in an investment bond. And comparing that to direct investing.
When selling your business, you want to maximise the value and pay the least amount of tax. But know you have covered all the bases. We will look at an asset sale and a share sale. Plus give you some Tax Tips that can help get things straight in your head. The focus will be
Is the Land Rover Discovery a car or van for BIK? This is relevant to other similar types vehicles taxed as “commercial” for Vat and VRT. You will get to meet Tom Dunne and Bill Flynn, directors of Bigbiceps Ltd [BBL], a supplement supplier. The main areas of focus are Car or Van – what’s
For Business owners, we will look at 5 tips for 2023. So much happens in such a short time it is difficult to have thinking time. Work, family, events, and now Christmas presents and the Christmas dinner. It is hectic. You will relate to this “By working faithfully eight hours a day you
Cash in Your Company – What to do with it? Have you cash in your company? Do you know what to do with it? What do the directors do with it and how do they make it work for them? The main points we will focus on are Salary/Dividends Benefits Pension Invest Cash extraction
Debt Warehousing Payment Plan We will look at a debt warehousing payment plan. As a quick recap, Debt warehousing came into play to enable a business to warehouse its tax debts. Revenue love their acronyms and would call this the DWPP. Sounds like a political party! For most businesses period 2 ends on the 31st
