The incorporation dilemma for small business

There are, now more than ever, a number of areas where careful planning will notably reduce the tax liability of SMEs and their owners

As the income tax season is now in full swing, it is a good time to reflect on the taxation of small and medium enterprises operating in Ireland.

The most recent CSO Business in Ireland report found that 70 per cent of Irish private sector employees work for an SME, accounting for over half of total employment in the state. The number of new companies being set up declined sharply when the recession ...