Last week we looked at the basics of agricultural relief. This week we are going to look at some tips and traps when it comes to agricultural relief. The main ones are Meeting the farmer test Preparing to meet the test Deductions for liabilities Trees Clawback Better than Business Property Relief Meeting the farmer test
In the last month, I had 3 meetings where the inheritance of farmland was the main concern. The parcels of land were more than 80 acres in all cases. Assuming a value of between €10,000 and €15,000 an acre the figures are high. So, Agricultural relief is vital for you to check out. This week
Last week we spoke about Ludmila in our office and how she’s the lady to get your tax return right first time. This week we will look at gifting money to children. What to do and what not to do. The idea for this came from a client query whose son is getting married soon.
Last week we spoke about Our hero Jeff when we first started working with an accountancy coach in the UK. We learned about the business journey and Jeff’s numbers. See here This week we will talk about a meeting I had with Judy who was looking to discuss business formation. We will look at Judy’s
Last week we looked at passing on a family company where there are excess investment assets. We introduced you to Mike and Brenda the owners of Cash Rich Ltd and their son Billy. In case you missed it see here This week we follow up on our blog from last week. We will look at
Last week we looked at why we do marketing. This is vital for any small business looking to grow. In case you missed it see here. This week we are going to look at a problem a client came to us with back in 2016. It was a very interesting case, and the final result
Greetings from a wet and warm Tramore. For our sports commentary this week we are staying very local. Tramore v Dunhill in the eastern intermediate semi-final this Sunday in Walsh Park. The guy on the keyboard played for Dunhill for 5 years after moving from his home club in Kilkenny. We last won the intermediate
Should I Stay or Should I Go Now? Should I stay or should I go now? If I go, there will be trouble And if I stay it will be double So come on and let me know [The Clash] Last week we looked at excess cash in your company when transferring shares. In case
What a great week of weather before the schools go back. The very old [should be in a museum] writer of this hit 49 yesterday. He’s delighted to be still in his 40’s. There will be no mention of birthdays this time next year. A flock of quarrelsome crows was my alarm clock this morning.
The Olympics are over. Worse still both Kilkenny and Waterford are gone out of the hurling. All is not lost as we have 1000 live games on Sky Sports, Premier Sports & BT Sport. And that’s only soccer. An average of 3 games a day at 2 hours per game! There will be no more