Consultancy Francis Brophy & Company Chartered - Dublin Accountants

By: Francis Brophy  05/12/2011
Keywords: cash flow

The benefits of trading through an Irish limited company have never been greater. The advantages of structuring your business in this way are:

  • Limited Liability - this protects your personal assets should things go wrong.
  • Low Corporation Tax Rates - only 12.5% of trading profits.
  • Improved Cash Flow - due to the lower tax rates.

You can also choose how and when you pay yourself - a sole trader's profit is taxed on them personally, irrespective of how much money they take out of the business. A director of a limited company pays personal tax rates only on what is drawn from the company.

Francis Brophy & Company can advise you on the best way forward financially for your business. Contact us if you need advice on whether to incorporate your business or how to meet the ever increasing burden of compliance with VAT (Value Added Tax) or PAYE (Pay as You Earn) regulations.

Keywords: cash flow

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Audit & Accountancy - Francis Brophy & Company Chartered Accountants, Fairview, Dublin 3, Ireland

Our audit procedures will ensure that all clients' regulatory requirements are dealt with in a seamless manner thereby ensuring the minimum disruption to day-to-day business procedures. We have clients in all sectors of the economy, but we are particularly well known for our strength in advising privately owned / controlled businesses in a wide range of sectors.


Taxation Service - Fairview Accountants - Francis Brophy & Company

People and businesses are subject to a wide range of taxes including Income Tax, Corporation Tax, Capital Gains Tax, Inheritance Tax, Stamp Duty, Value Added Tax and National Insurance. Our job is to help you plan your business activities so as to maximise the available tax reliefs and discuss with you in advance the tax implications of business decisions.


Francis Brophy & Company Chartered Accountants, Fairview, Dublin 3, Ireland - VAT

Significant savings can be made if the structure of your business and its operations consider VAT implications at the outset. New and changing legislation is ensuring that VAT remains a highly technical area with onerous reporting requirements. At Francis Brophy & Company we offer an excellent VAT consultancy service for all potential situations.


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Given the importance of compliance with new company law enforcement legislation good company secretarial advice is vital. At Francis Brophy & Company our experienced team provide services in the following areas. Minutes and amendments to Memorandum and Articles of Association.


Business Advisory - Francis Brophy & Company Chartered - Dublin Accountants

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Francis Brophy & Company Chartered Accountants, Fairview, Dublin 3, Ireland - bookkeeping

Compliance is an important issue and we can prepare, process and file regular VAT, PAYE/PRSI and RCT returns in a timely and accurate manner to ensure that you can concentrate on your core business while we deal with Revenue correspondence on your behalf. Francis Brophy & Company can provide a comprehensive book-keeping and accounts production service tailored to suit your business.


Francis Brophy & Company Chartered Accountants, Fairview, Dublin 3, Ireland - insolvency

Today's difficult economic environment has placed many businesses under cash flow pressure and we can assist directors and shareholders of companies in financial difficulties to make the correct decision regarding the future of their businesses. In many cases it is possible to make an arrangement with creditors so that the company can continue to trade it's way out of difficulty.