PROPERTY INVESTOR

“A client with a commercial property portfolio leveraged which large bank debts. In order to service this debt the client had to draw down a large salary whilst paying income tax at the marginal rate of 52%. We advised on migrating the commercial property to a limited company controlled by the client. This allowed the company to repay the debt as opposed to the previous scenario where a large salary (at 52% income tax) was required just to service a bank debts.”

PROPERTY INVESTOR

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Skinnycarrot
SELF ADMINISTERED PENSION SCHEME

“Creation of Self-Administered Pension Scheme which the client had control over and which could also be funded by contributions from their business or Personal Holding Company.”

SELF ADMINISTERED PENSION SCHEME

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Skinnycarrot
PROFIT EXTRACTION

“We helped a client operating as a sole trader transfer their business to a limited company and avail of a reduced CGT rate of 33% versus the higher income tax rate of 52% (including PRSI and USC).”

PROFIT EXTRACTION

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Skinnycarrot