Course Summary

Duration1 hour

PresenterJohn Murphy

Course Overview

This is a three part series that deals with tax planning for SME’s. Series 2 will look focus on the most common succession planning opportunities/plans that are used in practice and the tax implications of each.  This webinar will conclude the current SME tax planning series. The items covered in this webinar include:

  • Placing the company into members voluntary liquidation – the importance of timing for tax reliefs;
  • Transferring from a sole trade to a company – the options available & the tax reliefs that can be utilised. – The ability to avoid stamp duty;
  • Incentivising key employees in a tax efficient manner so as to retain key staff members;
  • What to watch where land not owned by the Company & intending to build on it;
  • If things go wrong – is it worthwhile converting directors loan to share capital?
  • In estates utilising deed of family arrangements and disclaimers? Be careful to ensure you are getting what you want!!!
  • Always be aware of connected party rules when disposing to Co. or shareholder – restricted loss
  • Other tit bits


CDP Course Facilitators:

Des O’Neill: Co-Founder and Managing Director, OmniPro

Having worked for a number of years in practice, Des O’Neill co-founded OmniPro to develop tools, techniques, products and services, empowering accountants to achieve their best. Over 15 years, he has grown the company to a multi-million-euro turnover business and established OmniPro as Ireland’s largest independent provider of CPD for accountants.

Des speaks regularly, at national and international fora, on practice development, auditing, accounting, company law and regulation. He is passionate about bringing innovation to the profession and empowering accountants to achieve what they want in their careers and practice.

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.