Horwath Bastow Charleton Limerick

Taxation, in its many guises, impacts on both our business and personal lives. We at Horwath Bastow Charleton Limerick are ideally positioned to provide a first class seamless professional service, dealing with all taxation aspects of your life. This can range from the needs of an entrepreneur with a young family, to expanding a business by merger or acquisition, through to transferring or selling the business on retirement and minimising the gift and inheritance tax in connection with estate planning.

Our tax client base would include personal tax clients, high net worth individuals, sole traders, partnerships, companies etc. Depending on the type and / or size of the client, the service availed of could be a specific tax consultancy or planning assignment, a tax compliance service or a complete tax service.

The Tax Department works as an integral part of the firm but its clients would include persons who require a once off consultancy assignment or continuing tax support but would not wish to avail of the other services offered by the firm, e.g. audit, corporate finance etc. The Tax Department has for example worked successfully with other professional advisors to provide a total service to a mutual client.

Examples of the type of service that the Tax Department has recently provided include:

BES Structuring & Private Placements
Tax Planning (e.g. using self administered pension schemes etc.)
Buying or Selling a Business/Mergers & Acquisitions/Due Diligence
Corporate Restructuring
Company Buyback of Shares
Succession Planning
Pre Revenue Audit Review (e.g. books and records etc.)
VAT on Property Transactions (new rules effective 1 July 2008)
VAT Reviews
International Tax (e.g. overseas property/international posting of employees)
Compensation/Termination Payments
Tax Implications of Marital Breakdown
Tax Compliance & Reviews (under all tax heads)
Residential Commercial Property Development
Tax Based Property Development

In this changing environment of increased globalisation and information technology, you will encounter increased regulation and tighter deadlines. You may also need advice on the tax systems of other countries where cross border transactions are concerned. With the Internet, your market opportunities can quickly change and Horwath Bastow Charleton Limerick will work to ensure any tax implications are minimised. Whether you are investing overseas, returning from working abroad, or putting your personal affairs in order, we can help you plan your tax affairs efficiently.

useful links

tax circulars

The Horwath Bastow Charleton tax department produces information circulars to inform clients of relevant changes to legislation and tax practice.

In this article Tax Partner Pat Sheehan & Tax Manager Karen McEntee examine the benefits of structuring a Settlement Agreement so that the tax liability is minimised. [re ad on…]

The Budget 2009 – Financial Resolution No. 1 which relates to the Income Levy makes it is clear that “Composite Rates” are to apply for the 2009 tax year, i.e. the increases are effectively being backdated on a pro rata basis to apply with effect from 1 January 2009.
[read on…]

A new provision was introduced in the 2008 Finance Act in relation to VAT on construction services [read on…]

For information on recent changes and updates to the legislation and Revenue practice toward Relevant Contracts Tax as it pertains to the Construction Industry [read on…]

Finance Act 2008 introduced wide-ranging and fundamental changes to the Irish VAT on property legislation [read on…]

Finance Act 2006 amended the legislation with regard to the rules for calculating rental income subject to tax, whereby all rented residential properties must be registered with the PRTB [read on…]

Recent VAT & Stamp Duty announcements in November 2008 and Tax Planning Considerations approaching Year End [read on…]

Compensation Payments - A Tax Perspective
Limerick Leader, Saturday 4 July 2009 [read on…]

Ireland as a Preferred Location for Investment in China [read on…]

New Charge on Non-Principal Private Residences [read on...]

Top of Page

Credentials

The members of the Tax Department, all of whom are associates or students of the Irish Taxation Institute, provide their clients with a complete tax planning, consulting, compliance and information service.

The Tax Department has a diverse range of clients, which has enabled us to build up a wealth of experience and expertise in a number of areas.

Top of Page

Features of our service

The Tax Department recognise the importance of keeping fully up to date with all tax related developments, e.g. the introduction of new tax legislation, amendments to existing tax legislation, publication of Revenue Statements of Practice, interpretation and applications of tax law amongst other. The Tax Department uses a system of both internal and external activities to achieve this objective. This results in a direct benefit to our clients and enables the firm to be pro-active in advising clients on, for example, opportunities or changes to the tax legislation that directly affect a particular individual, activity or business.

The Tax Department uses the mix of expertise of its members to provide a full and complete service to its clients.

The Tax Department works to provide solutions and decision making tools to its clients. This could take the form of providing correct information to enable a decision to be made to advising a client on how to minimise the tax liability attaching to a specific transaction while achieving the overall objective of the client.

We work to try and understand the position and/or objective of a client and use that understanding to provide specific advices.

Top of Page

Benefits

We ensure that all our clients’ tax related requirements are properly addressed and our clients can be confident that the full resources of the Tax Department are available to achieve this objective.