Taxation Planning & Advice Services
"It is crucial for taxpayers to take the best advice on the many diverse tax issues which arise in the course of their business, as non-compliance can lead to serious liabilities of tax interest and penalties."
Peter Ryan, Taxation Partner
Keogh Somers Tax Department is led by partner Peter Ryan, who has been advising on a wide variety of tax compliance and consultancy issues for clients since the beginning of the 1990’s.
The tax department aims to ensure all clients are tax compliant across all tax headings and that they are advised appropriately to maximise the reliefs and shelters available and to minimise their tax liability. Keogh Somers has a diverse client base and we have experience of dealing with clients at all levels including individual sole traders, small, medium and large indigenous industries and multinationals.
Keogh Somers can advise on the following Taxation issues:
- Corporate Tax »view details
- Personal Tax »view details
- Capital Gains Tax »view details
- Capital Acquisitions Tax »view details
- Employee Share Schemes »view details
- Property Transactions »view details
- Value Added Tax »view details
- Revenue Audits »view details
- Employee/Payroll »view details
- Company Secretarial »view details
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Corporate Tax
- Completion of annual tax returns, advice on tax payments and tax shelters
- Advising on Close Company tax issues
- Corporate Reorganisation
- Business start-ups and company formation
Personal Tax
- Completion of annual tax returns
- Advice on tax payments
- Pension planning
- Wealth preservation and maximisation
Capital Gains Tax
- Preparing Capital Gains Tax computations in relation to disposals of assets
- Advising on payment dates
- Advising on various reliefs available, e.g. Retirement Relief, Principal Private Residence Relief etc, and maximising the availability of those reliefs
- Planning in advance of disposals to maximise the reliefs available
Capital Acquisitions Tax
- Advice in relation to various reliefs available, including Agricultural Relief, Business Property Relief, and various other reliefs
- Inheritance planning to maximise wealth preservation for the next generation
Employee Share Schemes
- Advising on various schemes available to incentivise employees
- Advising the tax issues for the employees and the employer
- Advising on the various returns required by the company and the employees
Property Transactions
- Advising on the various tax rates applying to the different types of property transactions
- Advising on the appropriate structures for tax efficiency and for legal purposes
Value Added Tax
- Advising on the VAT rates applying to the various different types of transactions, supplies of goods and supplies of services
- Assistance with VAT compliance
- Assistance with correction of VAT errors in accordance with Revenue guidance
- Advice on property transactions, including advising on development, sale of freeholds, the granting, assigning and surrending of long leases, and the VAT implications of short term leases. Also advising in relation to "Economic Value Test" and the more recent changes to the very complicated area of VAT on Property.
Revenue Audits
- Assistance with Revenue Audits for PAYE/PRSI, VAT, Corporation Tax, Income Tax and Capital Taxes.
- Meeting with client to discuss relevant issues
- Advising on Qualifying Voluntary Disclosure
- Attending meetings with Revenue
Employee/Payroll
- Restructuring - Staff restructuring/termination programmes. Tax advice, one-on-one meetings to counsel staff on their taxation issues, and the exemptions available
- Obtaining Revenue approval in advance where required
- Assistance with monthly payroll and annual P35 returns
Company Secretarial
- Annual Compliance Services
- Company Formations
- Registration of sole traders, partnerships, foreign branches and companies
- Reorganisation and Reconstruction
- Dissolutions and Restorations
For further information please contact:
- Peter Ryan, Partner: Email - Peter Ryan