Generational wealth planning works best when it starts early. This article looks at how timing, ownership, structure and documentation can shape the transfer of wealth across generations and why waiting until a transfer is imminent can limit valuable tax planning opportunities.

Relocating to Ireland can create valuable tax planning opportunities, but the key decisions often need to be made before arrival. This article outlines the main residence, domicile, remittance basis and split year relief considerations to review before making the move.

The Living City Initiative has been expanded and enhanced, creating new opportunities for property owners in designated urban areas. With new locations, broader property age criteria, accelerated relief, and an extended timeline to 2030, the updated scheme is worth understanding before refurbishment or conversion works begin.

Why Residence and Domicile Matter So Much in Ireland? An individual’s exposure to Irish tax on their income, capital gains, gifts, and inheritances is significantly influenced by three separate (and very different) concepts: Tax residence Ordinary residence Domicile Each concept plays a distinct role. Together, they define the scope of your Irish tax liability. Domicile: Your “Permanent Home” in the Eyes of the Law Unlike residence, domicile has no statutory definition in I

The Research & Development (R&D) Tax Credit is one of Ireland’s top incentives to encourage and support innovation. It allows companies to claim a generous tax credit on qualifying R&D expenditures, effectively reducing their tax bill or even yielding cash refunds. In this post, we’ll briefly explain how the R&D credit works and highlight the new improvements announced in the latest Budget. These changes – including a higher credit rate and enhanced cash refund – make the reg

Introduction The movement of individuals between jurisdictions often presents complex tax considerations, particularly when it comes to the management of cross-border savings and investment products. Individual savings accounts (ISAs) are a popular tax-advantaged savings vehicle in the UK, but their treatment under Irish tax law differs significantly. This article explores the key Irish tax implications for !SA-holding individuals returning to Ireland from the UK. Overview of

Offshore funds can be a smart way to diversify your investments, but they come with a set of complex tax rules that can be tricky to navigate. The legislation around them is difficult to follow, and with limited guidance available from Revenue, the risk of getting it wrong is higher than with other traditional investment options such as property or equity shares. Missteps - whether related to acquisitions, disposals (including deemed disposals), income or other transactions -

So, you’re thinking of moving to the Emerald Isle? Whether for work, lifestyle, or retirement, it’s essential to understand the tax implications of becoming an Irish resident. Ireland offers a favourable tax environment, but navigating the rules on tax residency, income, and gains requires a closer look. So, before you pack your bags, it’s essential to understand how your move will impact your wallet. Here’s a rundown of what you need to know. Understanding Irish Tax Residenc

For most business owners, their business is their most valuable asset. Eventually, the question arises: when is the right time to step away and pass it on to the next generation? Business succession is complex and requires careful planning. Without a solid plan, business owners may face costly tax implications down the line - especially in an inflationary environment where business values are rising. Planning ahead can help mitigate those costs and ensure a smooth transition.

Unlocking Growth Through Tax-Efficient Company Restructuring As businesses grow and evolve, it’s not uncommon for multiple businesses to operate under the umbrella of a single company. Over time, the need to separate these businesses into distinct entities can arise. Whether it’s to attract external investment, facilitate succession planning, prepare for a future sale, or minimize risk exposure, business hive-outs offer a tax-efficient way to achieve these objectives. This ar