Tag Archives: Company director

Your Accountant – A Bean Counter!

Bean counter

My friend John calls me a bean counter, knowing that I am part of an accountancy and tax business. The bean counter reference is an accusation. A not-so-subtle dig at the accountancy profession. He doesn’t hold accountants in high esteem and is brutally honest about it. I came across the Bean Counter Cafe on my

Decision Time for Company Directors – Bonus

Decision Time

It’s decision time for many company directors across the country. Should I take a bonus? We will look at a few examples of what I am talking about. One of which is how your business can help with personal wealth. The focus will be on Bar Coad Ltd and the options for Tommy. Talking points

Company Investments – Investment Bonds

Investment Growth

We will look at Company Investments and Investment Bonds. We will introduce you to Don Gotti, the king of Dundalk. Companies will look to invest some of their excess cash. The purpose of this blog is to give you some information about a company investing in an investment bond. And comparing that to direct investing.

Selling Your Business – Asset or Share Sale

Business sale - signing a document

When selling your business, you want to maximise the value and pay the least amount of tax. But know you have covered all the bases. We will look at an asset sale and a share sale. Plus give you some Tax Tips that can help get things straight in your head. The focus will be

Land Rover Discovery – Car or Van for BIK?

Land Rover Discover

Is the Land Rover Discovery a car or van for BIK? This is relevant to other similar types vehicles taxed as “commercial” for Vat and VRT. You will get to meet Tom Dunne and Bill Flynn, directors of Bigbiceps Ltd [BBL], a supplement supplier. The main areas of focus are Car or Van – what’s

Business Owners – 5 Tips for 2023

2023

  For Business owners, we will look at 5 tips for 2023.   So much happens in such a short time it is difficult to have thinking time. Work, family, events, and now Christmas presents and the Christmas dinner. It is hectic. You will relate to this “By working faithfully eight hours a day you

Cash in Your Company

Plan for success

Cash in Your Company – What to do with it? Have you cash in your company? Do you know what to do with it? What do the directors do with it and how do they make it work for them? The main points we will focus on are   Salary/Dividends Benefits Pension Invest Cash extraction

Debt Warehousing Payment Plan

Plan

Debt Warehousing Payment Plan We will look at a debt warehousing payment plan. As a quick recap, Debt warehousing came into play to enable a business to warehouse its tax debts. Revenue love their acronyms and would call this the DWPP. Sounds like a political party! For most businesses period 2 ends on the 31st

Buying Commercial Property in a Company – 5 Tax Tips

Commercial Property

We look at 5 Tax tips when buying commercial property in a company. It can make good investment sense. But you should know what you are getting into. The taxes we focus on are Stamp Duty Vat Tax rate & surcharge Pay a dividend Selling the property Dick Jagger arranges to meet you. I can’t

5 Tax Benefits for 2022 and 2023

woman with cash

We will look at 5 Tax benefits for 2022 and 2023 for employees and business owners. Some come into effect now and others will kick in in 2023. Our main focus will be on Increase in the lower rate band Increase in tax credits Rent Tax Credit USC – increase in 2% band Small Benefit