Tag Archives: Tax Advice

Tax Tips When Coming to Ireland

Coming to Ireland

I want to give you some Tax Tips when coming to Ireland. What I mean by coming here is staying here for a prolonged period. As such, you’ll become resident here. The idea for this came from a recent meeting I had with a Swiss couple. The lady, who we’ll call Mary, is from the

What Your Company Can Do For You

Couple in Love

What your company can do for you. By that I mean, what do you pay for, from net salary, that your company could pay? A typical reaction would be. Oh, I never thought about that. But why would you? We’ll look at some obvious things and a couple of less obvious costs where your company

Take Home Pay in 2024

cash notes

What will be your take home pay in 2024? We are all budgeted out at this stage. I had enough after getting my 5th of 9 budget briefings. When deciding on a blog topic I asked myself what interests people the most. For me, it’s the amount of extra cash in my pocket. To pay

Transfer a Site to a Child

Man cutting grass around his house

We’ll look at what’s involved tax-wise on the transfer of a site to a child. The idea for this came from a meeting I had with the Falcones during the week. John Falcone is the dad. Bridget Falcone is the mother and owns the land. Molly Falcone is the daughter. Points to cover will include

Normal Place of Work – Expenses

Arm wrestle for money

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

Management Buy Out – Success Story

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

Decision Time for Company Directors – Bonus

Decision Time

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

Price Increases and Value

Euro price increase

Price increases and value. Is the price increase tolerable for your client because they see value in your service? This question punched us in the face recently. Michael, our client, was about to leave as he got a cheaper price. He said to me “as my financial advisor what would you advise me to do?”

Tax Tips when you sell or rent land

Cows in a field at sunset

We will look at some tax tips when you sell or rent land. For this, a sale will be to a third party. Land sales are like hen’s teeth. Very rare. It is more common to transfer to the next generation. In the current climate land is achieving a high price on a sale or

Key Income Tax Dates

Calendar

We will look at some key Income Tax dates and how it will cost you if you miss them. Let us introduce you to Mick and Dick Moody. They are brothers and farm in partnership together. They love their music and have a wedding band called the Moody Blues. Mick has a very relaxed style