Category Archives: Tax Advice

Why Are Reluctant Landlords Reluctant?

Frustrated man

We will look at landlords. Why some are reluctant and getting out of the property market. We will Set the scene Stick or Twist Taxes Disparity Summary Setting the scene Willie and Delilah Wiley bought an apartment in Waterford in 2007 for €250,000. There is €100,000 left on the mortgage, and they let it for

Pensions Drawdowns – Be the Man

Elderly lady

I was at The Killers in Malahide Castle on Wednesday evening. It was a brilliant gig on a gorgeous summer evening. The first song of the encore was The Man. I loved the lyrics, and it was coincidental that I had two meetings this week where I met the man and the woman. They had

Gifting Money to Children – Pay for the Wedding

Teddy holding money

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.

Thinking of Electric – The Time is Now

charging an electric vehicle

In last week’s blog, Aedin told us about her love of bookkeeping and how this helps our clients. Ger sent me some numbers on the BIK cost of having an electric car yesterday. It was a query that came in from a client about buying one. I looked at the numbers and it led me

Should I Stay or Should I Go? – Business Formation

business into a company

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

Outstanding Tax Returns – Don’t Panic!

Last week we looked at development land. What it is, how you could use losses on that land against other gains, plus more. In case you missed it see here. This week our focus is on outstanding tax returns. We had two similar cases where clients that moved to us had late tax returns from

Development Land – Losses and Gains

Last week, apart from getting battered by storms, we wrote about our new website. In case you missed it see here. This week we are going to look at a query that came into us from a client that was going to sell some development land. We will look at What is development land? Our

Marriage Breakup – Taxes

In our blog last week, we met Sharon Stone and looked at the options she has to exit her business. In case you missed it you can read here. This week we are changing tack a bit and talking about marriage breakup – this blog explains the tax Implications of separation and highlights things to think

Thinking Time for 2022

Happy New Year from me and the cat or the Cat and I, which is better English. Timmy is very focused for 2022. He wants to be nicer to the other cats in the area, wants to eat better, and is planning to do 1k in March. But he is not doing dry January, to