The tax code in Ireland is one of the most extensive in Europe – we take the stress out of preparing your tax return. Over the years, our accountants have prepared tax returns for individuals across a broad spectrum of businesses. We prepare tax returns in respect of the following:
• Self-employed or partnerships
• Company directors
• Persons with rental income
• Persons with large savings or investment income
• Capital Gains Tax in respect of shares bought or sold, or the sale of property
• Income from overseas
• Capital Acquisition Tax Returns
Michael O’Leary & Company will complete your tax return, calculate your tax liability, pay and file your return on line and liaise with you in relation to preliminary tax.
Before your return is filed, our accountants will review your self-assessment tax return and ensure that all tax savings are made and that all claims are accurate. This process will help to reduce the risk of the Revenue investigating your tax affairs. Similarly, if you have cash flow problems, we will negotiate a payment plan with the revenue commissioners on your behalf.
We have worked with thousands of individuals across Ireland on their tax returns. By giving you a fixed, competitive price, we can take the worry away when it comes to self-assessment tax returns; allowing you to concentrate on running your business.
Selling your home or an additional house
The principal place of residence is exempt from income tax but if you are selling any additional houses, it is important that you talk to our accountants in order to minimise the Capital Gains Tax.
Capital Gains Tax & Capital Acquisitions/Inheritance Tax
Individuals are charged Capital Gains Tax (CGT) in respect of gains made when selling, transferring or gifting assets. The most common assets subject to CGT are shares and property, with particular attention on farmers when disposing of shares in co-op’s etc. Deadlines are very important when dealing with Capital Gains or Capital Acquisitions Tax as late payment or filing can lead to penalties and interest.
We advise on minimising your tax liability by tax planning each year.
Are you recently retired and in receipt of a lump sum? We advise for a nominal fee.
We provide the first consultation free!
As part of our service we provide professional HR advice to employers in relation to most employer/employee relations.
We provide a complete book-keeping service in respect of PAYE, VAT & RCT. These services can be provided weekly or monthly.
If required, periodical management accounts can be prepared.
We provide advice in relation to the setting up of a business:
Best Structure:- Sole Trader or Limited Company
We register the client for all relevant taxes. If the client is an employer, we set them up so that they are compliant with all employment regulations