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. Tax planning with Francis Brophy & Company can help reduce or remove the effect of these taxes, whether you're a business or individual.
Where tax is concerned we recognise the importance of considering the implications of all taxes on your circumstances and not just a particular tax that you may want to review.
We also take care to ensure that 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.
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 you:
- decide what form of business enterprise - should you choose a sole trader, partnership, limited company or limited partnership.
- manage business expansion and maximise the available tax reliefs as your business grows.
- re-structure your business.
- sell a business.
Income Tax - Self Assessment
As personal taxation grows ever more complex, you can rely on our advisers to complete your tax return on time and to your best advantage.
Companies face the complexities of managing taxation issues on an organisational and employee level. Make the most of our varied and in-depth experience of corporate taxes to keep payments to a minimum and avoid penalties. We will also advise companies on tax efficient structures, dividend and remuneration policies and making maximum use of losses.
Capital Gains Tax
Disposal of capital assets such as land, buildings or shares is a potential tax minefield. We will minimise the difficulties through careful tax planning and advising on the various reliefs and exemptions.
Capital Acquisitions Tax
Make sure your wishes are carried out as tax efficiently as possible using our experience and knowledge of exemptions and reliefs that apply to making gifts or drawing up a will.
Investigations - Revenue Audits
We provide comprehensive support during investigations/audits or any negotiations involving the Revenue Commissioners. We will act in your best interests to secure the most favourable outcome.