How to structure your business for sale or to pass it on to the next generation.

How a small business owner in Ireland can use a pension to minimise their tax rate while moving toward retirement. The Background We all know the top rate of income tax in Ireland can be as high as 55%.  This means that you are giving away more than half of everything you earn when your …
Having spent a lifetime building your business, you are looking to your retirement and trying to figure out how to get money out of your company, hoping to keep more in your pocket, and less in the pocket of the tax collector. Here we talk through 3 cash extraction “tools” which can be used, either …