Tax Review

A clear picture of your tax position

A tax review is an independent, top-to-bottom assessment of your tax position, showing exactly where you stand and where money is being left on the table. We act for businesses and individuals across Mullingar, Longford, Trim and Athlone, and a review is often the first step in a longer relationship.

Tax is easy to get wrong by omission. Reliefs go unclaimed, allowances are forgotten, and decisions made years ago quietly cost money every year since. A review brings all of that into the open so you can act on it.

What we look at

Our review is structured around your actual circumstances, but it typically covers:

• Income tax and corporation tax, whether your income tax and corporation tax returns claim every credit, relief and allowance you are entitled to.
• Business structure, whether trading as a sole trader, partnership or limited company still suits your situation, and the tax cost of changing.
• Capital taxes, your exposure to capital gains tax on assets you hold, and to capital acquisitions tax on gifts and inheritances, with CGT planning and CAT planning flagged where relevant.
• VAT, whether you are registered correctly, recovering what you can, and handling areas like VAT on property properly.
• Pensions and extraction, how you take money out of your company and whether there is a more efficient route.
• Risk and compliance, anything that could attract Revenue attention, so it can be addressed before it becomes an issue. If you are concerned about exposure, our note on preparing for a Revenue audit is a useful starting point.

What you get

You receive a plain-English report: the reliefs you should be claiming, the risks worth addressing, and a prioritised list of recommended actions with the likely tax effect of each. We walk through it with you, answer your questions and agree what to do next.

Because we also handle compliance taxation day to day, we can carry the recommendations straight through into your filings, so the savings we identify actually land.

Honest about what changes

Irish tax rates and reliefs move from year to year, and many reliefs carry strict conditions. Our review reflects the current position, and we confirm the precise figures that apply to your year before you act. Where the right answer depends on a future decision, we will tell you that too.

Start with a review

A tax review pays for itself whenever it uncovers a relief you were missing or a risk you can now avoid. Book a free consultation with our tax team at any of our four offices, and we will assess your position and tell you, honestly, where you stand.