Taxation

People and businesses are subject to a wide range of taxes including Income Tax, Corporation Tax, Capital Gains Tax, Relevant Contracts Tax, Inheritance Tax, Stamp Duty, Value Added Tax and PRSI/Health Levies. Tax planning with Lyons O'Connell can help reduce or remove the effect of these taxes on your business or as an individual.

Considering the Tax Implications

Where tax is concerned we recognise the importance of considering the implications of all taxes on your circumstances and not just a particular tax you may want to review.

Take Care of Tax Savings

We also take care that the tax tail is not wagging the dog and your review is undertaken for commercial reasons as well as the pure tax savings. Since tax legislation is regularly changing, we also recommend that your plans are regularly appraised.

Not Just Calculate the Tax Due

Our job is not simply to calculate the tax due and tell you what to pay. 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.

We're There To Help:

  • Decide what form of business enterprise - should you choose a sole trader, partnership, limited company or limited partnership and provide valuable start up advice.
  • Manage business expansion and maximise the available tax reliefs as your business grows.
  • Re-structure your business.
  • Avoid a tax bill when you change the nature of operations.
  • Sell a business.