Personal Tax Planning
About Personal Tax Planning
Personal tax advice is our speciality and passion. From the start of our relationship, we prioritise personal tax planning to optimise your tax situation, helping you retain more of your hard-earned money and plan for the future.
We provide capital gains tax advice, inheritance tax assessments, and strategies to minimise overall tax payable. We tailor payments on account to your cash flow, alleviating the tax burden. Unlike some accountants, we ensure you are prepared, aware, and understand your tax obligations. Tax planning also involves reclaiming unclaimed allowances from the past.
Dedicated Specialists
You need to file a self-assessment tax return if you are self-employed, in a partnership, receiving untaxed income or savings, selling shares or other investments, making profits from selling assets, need to pay capital gains tax, are a company beneficial owner, have untaxed income over €5,000, lived or worked abroad, or are receiving income from abroad.
Here are some of the most common Irish tax credits that often go unclaimed by taxpayers:
- Medical Expenses: Relief for GP visits, prescriptions, and other medical costs not covered by insurance.
- Home Carer’s Credit: For those caring for children, elderly, or incapacitated persons at home.
- Tuition Fees: Relief for third-level education fees
- Pension Contributions: Tax relief on contributions to approved pension schemes.
- Flat Rate Expenses: Specific to certain occupations, covering work-related expenses.
- Rent Tax Credit: For tenants paying rent for private accommodation.
- Working from Home Relief: For expenses incurred while working from home
Claiming these credits can significantly reduce your tax liability and maximise your savings.
Your Taxation Team
Caroline heads the taxation department at the firm. With over 20 years of experience, she advises clients on personal and corporate taxation matters both domestically and internationally.
Nicholas Conway is a Chartered Certified Accountant and member of the Irish Tax Institute. As a Tax Manager, they specialise in tax planning, compliance, and financial advising and personal taxation.
Our Personal Tax Consultant, Evelyn, brings extensive expertise in individual tax planning and compliance. Evelyn’s commitment to client success drives their dedicated approach, making them an indispensable member of our firm.