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Taxation

SME Tax Planning 2020 – Series 3

Schedule

  • 27
    May
    12:30 - 13:30 Live Stream, Webinar

Course Details

1 hour John Murphy – OmniPro

This is a three-part webinar series that deals with tax planning for SME’s.  This webinar will conclude the three-part series and will cover the following topics:

  • Creation of groups;
  • Termination payments – a tax efficient method where the company is coming to an end where the company has surplus cash – structuring for the largest tax-free payment – recap on the rules;
  • The utilisation of pensions;
  • Possible options for the insertion of shareholder holding company structures for Companies that have been trading for a while where the company is owned 50/50 – We will deal with the possible advantages of this structure;
  • Possible options to overcome the mismatch of tax rate where Company rents property to another Company.
  • Utilisation of groups for tax efficiency – Ability to transfer trade losses etc. and the ability to obtain further reliefs;
    • Structuring to ensure best of both reliefs
  • Other simple measures to increase tax efficiency – use of all tax-free reliefs etc.;
  • A review of family partnerships and the tax implications on the creation of same.

Given the increasing property/share prices, now is a great opportunity to allow children to participate in capital appreciation in the future while still maintaining control, a family partnership may be a good option; We will cover:

    • When could such a structure be used?
    • What are the benefits of using these?
    • What are the tax implications?
    • What if there are minor children?
    • How do they work?
    • What types of partnership are there?
    • Can it be structured in other ways to get the same results?
    • Registration of limited partnerships

Can’t Attend?  No Problem!

Should you be unable to attend the live webinar on 27 May, you can pre-book the online version of this webinar here.  You will be notified when the online version has become available in your account.


Webinar Facilitators

John Murphy: Tax, Corporate Restructuring and Practice Support, OmniPro

As a lead member of our technical support team, John relishes problem-solving to help accountants develop innovative client solutions and sharing technical knowledge on tax, financial reporting and auditing.

A Chartered Tax Adviser, he advises clients in practice on a range of issues from income tax, tax planning, restructuring and exit planning to Revenue audits. In addition, he provides support on financial reporting, auditing and company law; conducts company valuations and advises on pre-sale restructuring.13 Dec

John also plays a key role as a researcher and subject-matter expert in developing OmniPro information products such as the CompaniesAct2014.com and FRS102.com. As a speaker at OmniPro CPD events, he brings these industry-leading insights to accountants participating in our training programmes.

A Chartered Accountant and Qualified Financial Adviser, John has over a decade’s Big 4 experience with EY and PwC, providing tax and audit services for a portfolio of clients, ranging in scale from SMEs to multinationals.


Yvonne O’Sullivan: Tax Executive, OmniPro

Yvonne is a key member of our technical support team, providing advice on all tax heads in response to queries submitted through our Knowledge Hub platform. In addition, she provides support within the tax department on tax planning, restructuring and exit planning solutions for a range of clients.

A Chartered Certified Accountant, Yvonne trained and worked in small practice for a number of years followed by working for over 2 years in an independent Dublin based firm Beechwood Partners. She has experience with a range of professionals, executives, entrepreneurs and family groups assisting them with their tax compliance across all areas. She worked closely with clients providing daily practical and operational assistance with the management of their personal and business finance administration as well as assisting with the ongoing analysis and production of investment portfolio reports.

Yvonne has recently completed her final IATI Chartered Tax Adviser Exams, and plays a key role as a researcher on developing subject matter and content for our Knowledge Hub tax product.