Since 1996 Accounts Advice Centre has been advising employees, key executives and senior management moving to Ireland on how to minimise their tax burden while at the same time, ensuring full regulatory compliance through our constantly evolving Tax Planning services.  We specialize in helping individuals structure their affairs before becoming resident in Ireland by focusing on residence and domicile status to minimize double taxation.

For over thirty years, we have been discussing each individual’s specific requirements and assisting them, every step of the way, to ensure a smooth and stress-free move.

Tax Planning, Cross Border Relief, SARP, Remittance Basis of Tax

Our clients include employees, employers, individuals, directors, entrepreneurs, business owners and high net-worth individuals.

Our Tax Planning Services include:

• Pre-Arrival Tax Planning for individuals including advice on tax incentives and reliefs as well as the remittance basis of tax

• Pre-Arrival Tax Planning for employers, business owners and H.R. Departments.

• Post-Arrival Tax assistance for individuals, employees, key executives and senior management.

• Post-Arrival Tax assistance for employers, business owners and H.R. Departments.

• Gift and Inheritance Tax planning.

• Tax advice and assistance in relation to property purchase and rental.

• Bespoke tax training courses for organisations with secondees and assignees.

• In-depth analysis of relevant Double Taxation Agreements with specific expertise in UK and US tax legislation and practice.

• Experience and expertise dealing with the IRS and HMRC.

If you’re planning a move to Ireland, either on a temporary or permanent basis, our Cross-Border Tax Consultants can help you understand and navigate the Irish tax landscape. To make an appointment to discuss your tax planning requirements please email us at queries@accountsadvicecentre.ie

For over thirty years, Accounts Advice Centre has been providing bespoke tax advisory and compliance services to domestic and international individuals and families through our tax relocation services, Family Business Tax Services and Private Client Tax Planning services.

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 professional 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

For comprehensive tax advice on estate planning, especially in relation to trusts and succession planning for families and their businesses as well as private clients and high net worth individual tax planning, please contact us to deal with qualified Chartered Tax Advisors at queries@accountsadvicecentre.ie

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/Cross-Border 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

• Effectively handling Revenue Compliance Interventions.

In summary, we offer a full and 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, UCITS, ETFs, 8 Year Rule

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, cross border 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.  We  specialise in managing tax returns for non-resident landlords, particularly following the 2023 introduction of the Non-Resident Landlord Withholding Tax (NLWT) system.  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 taxes, 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.  Because we specialise in global mobility and cross-border compliance, we focus on helping individuals moving away from Ireland navigate complex international residency issues while maintaining Irish rental income.  We also provide a Collection Agent service.  To see what we can do for you, please contact us at queries@accountsadvicecentre.ie

Revenue Compliance Interventions, Audits and Investigations

Accounts Advice Centre is a specialist tax firm that provides tailored solutions to complicated tax matters.  We have over thirty years’ experience in dealing with Revenue Compliance Interventions including Revenue Audits and Investigations.  Our experience covers resolving Revenue enquiries and working to mitigate interest and penalties.

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.

If you have received a Notification regarding a Revenue Compliance Intervention.  Please contact us, to discuss how you should respond, your obligations, advice and assistance regarding the preparation of a qualifying disclosure as well as assisting and supporting you throughout the compliance process, at queries@accountsadvicecentre.ie

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.  We also provide extensive advice on the Remittance Basis of Taxation to assist with tax planning prior to moving to Ireland.

Our professional tax 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 qualified Accountants and Chartered 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.

As tax planning is essential to ensure all the conditions necessary to comply with the relevant reliefs are adhered to, we provide detailed and up-to-date advice in relation to the technical provisions in the Taxes Consolidation Act.  To make an appointment with a qualified CTA, please contact queries@accountsadvicecentre.ie

Payroll Solutions, Global Mobility Services, International Payroll Services

For over thirty years, Accounts Advice Centre has been providing a fully comprehensive payroll service which is tailor made to meet each client’s individual requirements.  We provide outsourced services to individuals with one or two employees, non-resident employers, SMEs and large organisations.  We also provide a full Global Mobility tax Service designed for both multinational employers and individual expatriates to successfully manage these cross-border challenges.

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/Award Schemes

• Payroll Review and Advice

• Revenue Compliance Interventions, 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

• Unvouched Expenses

• Travel and subsistence allowance issues

• Share schemes

• Termination payments

• PAYE Exclusion Orders

• Shadow Payrolls

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.

If you’re a new employer with one employee, a non-resident employer with an Irish payroll obligation or an organisation with a growing workforce, please contact us to discuss your requirements at queries@accountsadvicecentre.ie

Accountancy, Accounting Services, Book-keeping, Financial Statements, Qualified Accountants

Preparing Financial Statements in accordance with relevant accountancy standards is a core part of our business. As qualified Accountants, we have been providing a small business accountancy service, a full accounting service to Contractors as well as a comprehensive book-keeping and financial accounting service to SMEs, for over thirty years.  Since 1996, we have been handling a full range of requirements from company set-ups, registration of business ownership to year end accounts for limited companies and Irish branch accounts.  Our services cover book-keeping, payroll, VAT, Revenue compliance, preparation of year end accounts and financial statements, CRO submissions and all annual business and corporation tax filings.

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 arts, legal, tech, fintech, 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.

• Handling all Revenue Compliance Interventions from receipt of notification to conclusion.

If you are a start-up, single-operator business (sole trader or one person company) or a growing limited company, for a full accounting and book-keeping service, please contact us at queries@accountsadvicecentre.ie

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. For over thirty years, our VAT Specialists have been guiding individuals and businesses 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 Compliance Interventions, Investigations and Appeals

• Revenue Audit Support

• Detailed advice on the IOSS and OSS

• VAT Advice on Cryptocurrency Transactions

• VAT on Property Transactions expertise

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.

If you are looking for help regularising your VAT affairs, please contact our dedicated VAT Consultants at queries@accountsadvicecentre.ie