Inheritance Tax on Pensions – How to make sure your Spouse gets your Pension Tax-Free if you pass away. Recent changes in the Finance Act December 2022 now mean a PRSA Pension is the better way to structure your Pension so that your Spouse inherits your Pension...
How these business owners plan to have €50,000 income each year for the rest of their lives. Sean (age 48) and Mary (age 48) are married. They have 2 children, and they own their company 50/50. They have both worked in their company for the last 15 years. Their...
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 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...
Donald J Trump: “Nobody knows more about taxes than me, maybe in the history of the world.” Whilst the current U.S. President seems to have a knack of not having to pay taxes, it’s a different story for most business owners. If you have your company year...
Winston S. Churchill: “We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” It’s that time of year again for the Self-Employed where you get the joyous news of...