How this Business Owner pays ZERO TAX on profits in his company
How this Business Owner pays ZERO TAX on profits in his company Usually there is 12.5% tax payable on profits in your company. See how this business owner pays 0% tax in their company. CASE STUDY Larry, age 51, and his wife Mary, age 49, own a company and they each...
How To Transfer Wealth To Your Children & Protect Their Inheritance & Gift Tax Thresholds
How To Transfer Wealth To Your Children & Protect Their Inheritance & Gift Tax Thresholds Transferring your wealth to your children can be a frustrating process for business owners who find themselves in a position where they are financially secure and want to...
How This Business Owner Paid ZERO Income Tax on his Rental Income
How This Business Owner Paid ZERO Tax on his Rental Income Case Study: James, age 56, is a business owner with a salary from his company of €80,000 per annum. He also has rental profits of another €28,000 in 2020. He had an income tax bill to pay before the end of...
Can I Take A Lump Sum From My Pension Tax Free?
Can I Take A Lump Sum From My Pension Tax Free? You can usually take up to 25% of your pension fund as a lump sum, of which the first €200,000 is tax free. For example, if you had a pension fund valued at €500,000 then your lump sum would be 25% of €500,000 =...
