with Paul Murphy, MJ Kelly & Co
With the introduction of wide-ranging anti-avoidance legislation covering cash extraction from companies over the past number of years, business owners are increasingly looking at ways of generating and maximising capital lump sums before exiting their business.
This webinar looks at the possibilities of extracting funds tax-free from a family company and how to meet the conditions as set out in the legislation.
The presentation will focus on how best to align share buyback relief with the requirements for retirement and entrepreneur relief (CGT) and business relief (CAT). We will also focus on some of the tax restructurings that can take place in advance of a business sale to ensure maximum efficiency.
Content to include:
• Retirement relief
• Entrepreneur relief
• Share buybacks
• Business relief
• Restructuring reliefs
Paul Murphy is a Chartered Tax Adviser (CTA) and Managing Director with Martin J. Kelly & Co. He is also a Fellow of the Association of Chartered Certified Accountants. Paul is a corporation tax lecturer for the Irish Tax Institute and a speaker for several accountancy bodies on their professional development panels. He is also co-author of the Institute’s third-level publication Irish Taxation.