Many people now have assets and property investments overseas. Whether you or your family own or are looking to purchase personal assets or business structures overseas, we can recommend tax-efficient financial structures to suit your individual circumstances and objectives.
We work with our international network, Crowe Global, to support your international tax strategy and compliance, as well as helping with any visa and international employment requirements.
Integrated service for your business and personal tax. Understanding your strategy, where you are now and where you want to be.
Optimising your cash flow and assets throughout your life is fundamental to the financial success of you and your family.
Often you may be so focused on your business demands, you have little time to apply the same rigour to your personal affairs. We support you through:
Pension funding is one of the last remaining tax breaks available to individuals. There have been significant changes over the years in this area. Planning your retirement and how you access your funds can be complex. We can support your retirement planning by:
We focus not only on how you maximise your fund, but how you protect it and future benefits for your family. We also consider if are there other benefits accrued in Ireland or overseas, as this is an entitlement that can be valuable in a terms of cash but is often omitted when individuals are considering their pension.
Life presents challenges and opportunities, like:
We can analyse these decisions and assess the risks from an impartial point of view and help you make an informed decision. We work closely with our tax specialists and Business Value Builder team to assess the most tax-efficient position and how best to structure it for you.
Increasingly, people are feeling the desire to make lifetime gifts and see the next generation enjoy the benefits. We will advise on:
There are significant reliefs for passing on businesses, farms and in certain circumstance family homes. We advise on:
Having an efficient will in place that reflects your wishes is fundamental. We work with your legal advisor to ensure:
We handle all administration, including:
Crowe can assist with the structuring, setup and operation of a family office, providing cost-efficient oversight support and proactively briefing you on any deadlines or issues you might face.
We bring together a team of private client, tax and business advisors who enable you to focus on your business interests. We can provide ongoing support with regular reviews to ensure your strategy matches your goals, risk parameters and, most importantly, cash flow requirements, and meet at regular intervals throughout the year to keep you appraised of any issues that need focus, or to plan for upcoming events.
The issues and challenges faced by our clients are unique to each individual, requiring a tailored suite of services. However, in our experience, clients benefit from support across the following areas:
Traditionally Irish people have always supported others in need and have a reputation for generosity. Correctly structured, philanthropic gestures can result in tax savings from which either you or the designated charity benefit.
We can assist you in devising a strategy for you and your family, be it:
In a similar manner, bequests can be structured tax-efficiently. Reviewing your will and considering what legacies you leave is important not only to you, it can also be a way of ensuring future generations support your legacy
The breakdown of relations between husband and wife can be a very traumatic time and, as a result, people rarely give due consideration to the tax consequences of their actions. However, there are long term, and often irrevocable, consequences for tax purposes and therefore it is essential that adequate planning be carried out before any decisions are made.
The rules applicable to informal separation, formal separation and divorce are different and can be complex. The following are just some of the issues we would need to consider: