Your Business: Taxing times 10

When it comes to smart management of company taxes, straight-talking advice trumps all else. Dermot Byrne, taxation expert and former director of the Irish Tax Institute, offers his ten-point checklist for Irish SME owners

23rd September, 2018

If a property is nearly paid for, or actually paid for, leave it outside the trading company as it can be sold directly by the owner with the proceeds in their pocket instead of in their company.

If a property has major borrowing, then it may be best to let the company own it, and it will only pay tax at 12.5 per cent so that it has 87.5 per cent of profits to make...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

The Daily Briefing

The Daily Briefing