Corporate Tax Planning
At O'Boyle & Co. we work with our clients to ensure that their operations and activities are organised in a tax efficient manner. Our professional team is experienced in all areas of corporation tax and our strengths include an ability to advise on detailed tax legislation and practice in the context of our client's specific company and industry circumstances.
Effective corporate tax planning is complex and wide ranging. Some aspects of planning includes advice on
- Suitable financing arrangements
- Appropriate business ownership structures
- Efficient profit extraction arrangements
The ever-changing tax environment in the context of the enactment of new legislation, Irish and EU/International court rulings and changes in Revenue practices and procedures.
Income Tax Planning
O'Boyle & Co. helps clients organise their affairs in a tax efficient manner. We pride ourselves on providing timely and relevant advice in all areas of income tax.
Tax planning is not about providing clients with a whole range of information and expecting them to sift through and interpret what is relevant to them. Effective tax planning involves working with our clients to understand their particular circumstances and requirements. It also involves analysing their objectives and devising suitable and workable tax-based solutions to meet their specific goals and expectations.
O'Boyle & Co. recognises the importance of compliance. In the current era of tax self -assessment, ensuring that tax payments are made and tax returns are filed within the statutory time limits is more important than ever. Failure to meet one's self-assessment obligations can result in the imposition of needless interest costs and late filing surcharges.
At O'Boyle & Co. we assist our clients in meeting their self-assessment obligations with our tax compliance services. We advise on optimum, timely tax payments and assist in the preparation and submission of tax returns. We understand that many daily demands on client's time in running their business. We always endeavour to run our compliance services in as efficient a manner as possible.
In addition, the powers of the Revenue Commissioners have expanded significantly and have become more onerous and complex. Penalties for non-compliance and the tax code also have increased substantially.
At O'Boyle & Co., our services include pre audit health checks, liasing with the Revenue Commissioners during audits and negotiating settlements, where necessary.
O'Boyle & Co. has significant experience in structuring tax-based investments and advising on tax-based investment opportunities.
In recent times, there has been proliferation in tax-based property investment. These have been in response to the need to regenerate certain part of both urban and rural Ireland. Other tax-based opportunities include nursing homes, hospitals and student accommodation schemes.
O'Boyle & Co. has an excellent track record in advising both developers of such schemes and investors on suitable structures to maximise tax efficiency and suit their individual requirements.