For over thirty years, Accounts Advice Centre has been providing bespoke tax advisory services to domestic and international individuals and families. 

Private Client Tax. High Net Worth Individuals Taxes. Wealth Planning. Estate and Succession Planning.

Our professional tax services have evolved, since 1996, to include wealth protection, inheritance planning, trusts,  succession planning and general tax planning.   Our clients include individuals, directors, entrepreneurs, business owners and high net-worth individuals.

Our private client tax services include:

• Personal tax compliance.

• Advising on the tax aspects of retirement.

• Global tax advice.

• Advising on complex pension issues.

• Advising on family partnerships.

• Separation and Divorce.

• Estate and Succession Planning.

• Accountancy, Payroll and Taxes

In Ireland, the beneficiary is responsible for the tax and not on the estate. Currently, gifts and inheritances are liable to a Capital Acquisitions Tax rate of 33%.  Therefore, it is important to engage the services of a professional Tax Advisor to assist you in managing your estate in the most tax efficient manner possible.  Estate planning allows you to decide how you would like your assets to be distributed.  At Accounts Advice Centre, we provide a complete, comprehensive and up-to-date professional tax advisory and compliance service which include:

• Inter-generational wealth transfer planning.

• Advice on Trust Structures including Bare Trusts, Discretionary Trusts, etc.

• Cross Border Gift and Inheritance Tax advice and compliance.

• International Estate Planning.

• Succession Planning for personal and corporate assets.

• Gifting and Family Arrangements.

• Tax Compliance and Reporting including CAT filing within correct deadline dates and claiming CAT Exemptions.

• Disclaimers

• Reorganisation and transfer of family businesses

• Asset protection and asset structuring

• Handling Revenue Compliance Interventions.

In summary, we offer comprehensive services for tax-efficient asset transfer, Will planning, lifetime gifting, specialized succession and inheritance planning, bespoke advice on navigating Capital Acquisitions Tax exemptions/reliefs, personal wealth transfer and foreign tax advice

As protecting family assets is a priority for most people, effective tax planning is essential. Our dedicated Capital Acquisitions Tax experts provide personalised guidance tailored to your specific needs and circumstances.  Our professional services include identifying potential tax exemptions and tax reliefs you might be eligible for.  To book an appointment, please contact us at queries@accountsadvicecentre.ie

Offshore funds and ETFs (Exchange Traded Funds) offer exciting and lucrative opportunities. However, the tax treatment can be very complicated. This is because the tax treatment of investors who have an interest in offshore investments is dependent on a number of factors.  Therefore, it’s vital that you get up-to-date, specialist professional advice to guide you through the complexities and ensure that you’re tax compliant.

At Accounts Advice Centre, we provide a full and comprehensive tax advisory and compliance service in relation to:

• “Equivalent” Offshore Funds based in the EU, EEA, or an OECD country with which Ireland has a Double Taxation Agreement (DTA).

• “Non-equivalent” Offshore Funds based in the EU, EEA, or an OECD country with a DTA with Ireland.

• Offshore Funds based outside the EU, EEA, or OECD with a DTA including Channel Islands, Cayman Islands, etc.

• Personal Portfolio Investment Undertakings – PPIU.

• ETFs domiciled in the EU, EEA or an OECD member state.

• ETFs domiciled in other territories (other than EU, EEA or OECD member states).

In summary, we offer specialized international tax services focusing on complex cross-border issues, expertise in international and expatriate tax for individuals, tax advice for complex organisational investment and international structuring, experience in mitigating risks associated with working across multiple jurisdictions, a track record in ensuring compliance with global information exchange regulations as well as assisting non-domiciled individuals with Irish tax concerns.

To ensure you correctly disclose details of income and/or gains from offshore investments, please contact us.  To book an appointment to discuss your Offshore Funds and Exchange Traded Funds, please contact us at queries@accountsadvicecentre.ie

Since 1996 Accounts Advice Centre has been providing comprehensive and up-to-date property tax advisory and compliance services.   Our clients include Property Developers, Corporate Landlords, Resident Residential Landlords, Non-resident Landlords, Tenants, individuals and entities with Residential Zoned Land Tax (RZLT), Vacant Homes Tax (VHT) and Local Property Tax (LPT) obligations.

We have considerable experience and success in representing corporate and personal clients in a range of areas.  Our professional remit includes:

•  Corporate landlords including (a) resident and non-resident, (b) commercial and/or residential, (c) within the corporate tax regime, (d) within the VAT regime, etc.

• Non-resident landlord in receipt of Irish rental income including (a) Collection Agents, (b) tenant deduction and direct remittance to Revenue, etc.

• Advising and assisting Irish resident Residential Landlords, in receipt of rental income in Ireland, to claim the relevant tax reliefs.

• Advising and assisting tenants in relation to the Rent Tax Credit.

• Individuals and corporations in receipt of income from short-term self catering or short term lettings.

• Residential Zoned Land Tax (RZLT)

• Local Property Tax (LPT)

• Vacant Homes Tax (VHT)

In summary, Accounts Advice Centre focuses on reducing the stress around property tax, providing specialized tax services for Irish and foreign landlords, providing expertise in property transactions and international tax issues as well as providing specialist support to other Accountants and Solicitors.  To see what we can do for you, please contact us at queries@accountsadvicecentre.ie

Revenue Compliance Interventions, Audits and Investigations

We have almost thirty years’ experience in dealing with Revenue Compliance Interventions including Revenue Audits and Investigations.

For Business Owners, Directors and Managers, it is essential to seek specialist tax advice and assistance before, during and after a compliance intervention.  We can assist our clients through our extensive experience and detailed knowledge of the Revenue’s Code of Practice as well as by providing support and advice throughout the entire process.

A Revenue Notification can be issued in relation to three levels of Compliance Intervention:

1. Level 1 – where any compliance matters can be addressed through Self-Correction or by making an Unprompted Qualifying Disclosure.

2. Level 2 – Risk Review or a Revenue Audit where an Unprompted Qualifying Disclosure is not longer possible. However, it’s still possible to address compliance issues, mitigate penalties and avoid publication as a defaulter by making a Prompted Qualifying Disclosure within 28 days of the notification.

3. Level 3 – a Revenue Investigation.

We have considerable experience and success in representing corporate and personal clients in a range of Revenue Compliance Interventions including Audits and Investigations.  Our professional remit involves:

• Pre-Audit Health Checks.

• Preparation of Qualifying Disclosures – Prompted and Unprompted.

• Representing you at all stages of the compliance intervention and liaising directly with the Revenue Commissioners, on your behalf.

• Negotiating Settlements.

Capital Gains Tax Advisory and Compliance Services. CGT Tax Planning Services.

Since 1996 we have been advising a wide range of clients on Capital Gains Tax matters, including Accountants, Barristers, Solicitors, High Net Worth individuals, property owners, business owners, employees disposing of stocks and shares, investors, farmers, etc.

Our services include:

• Capital Gains Tax calculations.

• Advising on CGT Reliefs including Revised Entrepreneur Relief, Principal Private Residence Relief, Retirement Relief, Farm Restructuring Relief, Reconstruction & Amalgamation

• Tax Planning including wealth transfer, the use of Trusts, business restructuring, purchase/sale of assets, cash extraction, gifts, etc.

• Tax Compliance including preparation and filing of Tax Returns.

• CGT legislative expertise.

Our team of Accountants and Tax Advisors are up-to-date in terms of the latest tax legislation, case law and Revenue guidance material.  We pride ourselves in providing comprehensive and personalised solutions in line with specific circumstances and tax requirements of individuals and businesses.

Payroll Solutions, Global Mobility Services, International Payroll Services

We provide a fully comprehensive payroll service which is tailor made to meet each client’s individual requirements.  We provide outsourced payroll services to individuals hiring one or two employees, SMEs and large organisations.  We also provide a full Global Mobility tax Service.

Our Services include:

• Outsourced Payroll Services

• Payroll set up and processing.

• Pension Auto-Enrolment.

• Weekly, fortnightly and monthly payroll

• Calculation of Termination Payments

• Calculation of Benefits-in-Kind

• Facilitation of the deduction of Local Property Tax

• PAYE Exclusion Orders

• Cross Border Payroll Compliance

• Advice on Employee Share Schemes

• Payroll Review and Advice

• Revenue Audits, Investigations and Appeals

• Maximising expatriate tax incentives including the Special Assignee Relief Programme (SARP) and the Foreign Earnings Deduction (FED)

From experience, the main areas of focus during a Revenue Compliance Intervention, Audit or Investigation are as follows:

• Benefits-in-Kind and in particular cars
• Small benefits
• Payments to Contractors
• Un-vouched Expenses
• Travel and subsistence allowance issues
• Share schemes
• Termination payments
• PAYE Exclusion Orders
• Shadow Payrolls

Please contact us if you have been selected for a Revenue Compliance Intervention, an Audit or an e-Audit Intervention or if you have received an Aspect Query from Revenue or a Letter requesting the review of a specific query.    We can also assist you in relation to Self Correction, Unprompted Qualifying Disclosures as well as Prompted Qualifying Disclosures.

Over the past twenty nine years, our clients would agree that the majority of our audits have been settled with minimal disruption to their business, without publication on the Defaulters’ List and on reasonable and acceptable terms

Preparing Financial Statements in accordance with relevant accountancy standards is a core part of our business. As qualified Accountants, we provide a small business accountancy service, a full accounting service to Contractors as well as a comprehensive book-keeping and financial accounting service to SMEs.  We handle all your requirements from company set-ups, registration of business ownership to year end accounts for limited companies and Irish branch accounts.

We deal with a diverse range of clients from start ups to established businesses; all client types including sole traders, partnerships and owner managed limited companies who rely on accurate financial information to maintain profitability and ensure that all taxes are correctly calculated.

Our client base ranges across the full spectrum of size and business sectors and includes the legal, tech, medical and construction industries.

Our dedicated Accounting team have a strong understanding of the fundamentals of accountancy and can take care of all your accounting requirements with a focus on introducing efficiencies and creating cost savings.

We also provide financial outsourcing support for you and your business during busy periods and peak times.

Our services include:

• Preparation of Annual Statutory Financial Statements.

• Preparation of Management Accounts providing you with real time financial information.

• Budgets and Cash Flow Forecasts.

• Company Secretarial including incorporation and registration,  Annual Returns, Company Register Maintenance, general secretarial services, etc.

• Outsourced Book-keeping including Accounts Payable, Accounts Receivable, Reconciliations, Sales Invoicing, General Ledger Reconciliations, Trial Balance, etc.

• Payroll and VAT Returns

• Handling all Revenue correspondence on your behalf.

Domestic, Cross-border and International VAT Services

Expert technical tax knowledge and experience as well as sound advice can make a substantial difference to your eventual tax liability. Our Specialists can guide you through the complexities of local and cross border/EU VAT compliance as well as navigating the pitfalls in relation to property transactions.

We have a detailed understanding of Irish, UK and EU VAT and can provide you with a comprehensive range of advisory and compliance services including:

• VAT Advice and support

• International VAT advice and guidance

• VAT Registration and De-registration

• Assistance with VAT Compliance

• Preparation of Intrastat, VIES and VAT Returns

• Assistance with VAT Inspections, Investigations and Appeals

• Revenue Audit Support

• Detailed advice on the IOSS and OSS

• VAT Advice on Cryptocurrency Transactions

• VAT on Property Transactions expertise

Please contact us if you have been selected for an Audit or an e-Audit Intervention or if you have received an Aspect Query from Revenue or a Letter requesting the review of a specific query.    We can also assist you in relation to Self Correction, Unprompted Qualifying Disclosures as well as Prompted Qualifying Disclosures.

Over the past twenty six years, our clients would agree that the majority of our audits have been settled with minimal disruption to their business, without publication on the Defaulters’ List and on reasonable and acceptable terms.

Corporation Tax, Business Taxes – Tax Advice for companies, directors and employees

Effective corporate tax planning can help you deal with the increasingly complex corporate tax legislation and result in considerable improvements to your profit.

We work with our client to ensure they’re tax compliant while always identifying opportunities to reduce tax exposure and liabilities.

Our range of services include:

• Preparation and submission of corporate tax self assessment returns

• Tax Advice on Business and Corporate Restructure

• Tax Planning for acquisitions, mergers and overseas expansion

• Tax Advice on Buying and Selling of Businesses

• Employee Share Schemes

• Business Investment Schemes

• Capital Allowances Reviews

• International Tax Planning and Structuring.

• Tax Advice on efficient profit extraction.

• Revenue Audits, investigations and Appeals