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Taxation / Personal Tax
Individuals are often confused when it comes to dealing with tax regulations that affect them and their personal wealth. BDO Simpson Xavier tax consultants provide a comprehensive advisory service to individuals on all aspects of personal tax.
Some of the key personal tax issues which could affect you include
Self Assessment does not apply to the majority of people who pay tax through PAYE however self assessment can apply to you if you are self employed, a company director or a trustee or personal representative. BDO Simpson Xavier will help you complete your tax return by calculating your tax liability and advise on payments due.
Capital Gains Tax will affect you if you own anything of value and decide to sell it. Capital Gains Tax is payable to the revenue when an individual sells or transfers property to somebody else. We work with you to ensure you avail of all exemptions and relief and limit your tax liability.
Capital Acquisitions Tax is charged on property and assets passing by way of gift or inheritance. Our expert advice will ensure you avail completely of all relief available and limit your Capital Acquisitions Tax.
Among the other Taxation services we provide to individuals include:
- Extraction of Cash from Business in a Tax Effective Manner
- Providing Advice on Income Tax Shelters
- Ensuring that Assets can be Passed on to the Next Generation
in a Tax Effective Manner
- Providing Advice to Individuals Working Overseas or Coming to
Work in Ireland
- Dealing with Revenue Audits
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