Services

Tax compliance and planning can be overwhelming and stressful for businesses. We can provide you with an efficient and high quality service that ensures you meet all your filing deadlines, avoid unnecessary interest and penalties and avoid exposure to unnecessary tax liabilities. Late returns can also increase your risk of exposure to Revenue audit, which may result in additional Revenue costs, and publications of liabilities in some cases. Our tax services include the following:

Income Tax

Preparation and submission of annual income tax returns along with advice on the most tax efficient options for our clients.

Our team are expert in identifying any tax planning opportunities available to ensure all relevant tax breaks are identified and claimed in your specific circumstances.

Corporation Tax

Corporation tax is derived from the tax adjusted profits of limited company . We prepare the corporation tax computation , prepare the CT1 and file with Revenue . All this is carried out in correspondence with the client , providing explanations on figures prepared and taxes calculated

RCT/VAT/Paye

Our team are on hand to prepare and submit all bimonthly, quarterly , half yearly , annual vat returns and return of trading details in an efficient and professional manner .

We can process relevant contracts , post relevant contract payments , make RCT payment to Revenue and keep you updated on your deduction rate in real time

PAYE

We have tailored payroll software package integrated with ROS ( Revenue on line Service ) that can calculated and return your payroll Revenue costs on a weekly fortnightly or monthly basis .

This is operated by staff that are fully trained and experienced in payroll.

All returns are submitted to meet deadlines to reduce the risk of Revenue audits as a result of non-compliance

Revenue Audits

A Revenue audit is where your tax returns are compared to your tax records The main reasons you or your business may be selected for an audit are screening tax returns , projects on business sectors and random selection.

In the past number of year more and more businesses have been selected for audit.

Revenue audits can be carried out on a number of years an over a number of different tax head.

Revenue audits follow a rigid protocol. They can be very burdensome and daunting for people.

FSN Accountants Limited can use our experience and knowledge of the tax system and legislation to deal with Revenue audit so to try and reduce the risk of a negative outcome for the business.

Capital Taxes , Succession & Estate Planning

When an asset is disposed of by sale , gift or inheritance a tax charge under various different tax head may arise . These tax heads are as follows

Capital Gains Tax

Capital Acquisitions Tax

Stamp Duty

The liabilities generated under these tax heads can be very sizable amounts however with the correct tax planning in place there are a wide variety of tax reliefs available to reduce or avoid the tax exposure.

We are FSN Accountants Limited can help in identifying the various different tax planning opportunities and advice in such areas as transferring assets to the next generation or setting up structure in place to prepare for retirement and maximise all available reliefs on retirement.