Engaging with stakeholders is crucial to the success of any organisation. To succeed, an organisation must have a clear vision derived from a robust strategic planning process, and an effective strategic plan or marketing plan can only come from stakeholder engagement. Key stakeholder opinions and insights are incredibly valuable in the early stages of the …
Many thriving family businesses have failed to succeed after the first generation, one of the reasons being the failure to plan adequately for succession. While people are conscious that various taxes are triggered on succession, some are not aware of the generous reliefs that are currently available which may allow them to transfer their assets …
Passing on the family Business – Succession planning Read More »
The downside of holding on to your business and just ‘milking it’ If you have considered selling your business of late, you may have been disappointed to see the offers a business like yours would garner from would-be acquirers. According to the latest analysis of some 20,000 business owners, the average offer being made by …
Sell vs hold onto your business – The downside of holding on Read More »
Timely succession planning is vital to ensure the family business passes on to the next generation with a minimum of disruption and cost. In addition to the change of management, transfer of ownership can also disrupt a business by triggering significant tax liabilities and financing costs. Dermot McCrystal & Co can assist in the smooth …
Save thousands by changing how you use your TV and phone, and by becoming more tech-savvy with bills. The New Year is shaping up to be a mixed bag of financial fortunes. There are more jobs and higher wages on the cards, according to various economists. However, the New Year is also likely to be …
Five ways to spruce up your finances in the New Year Read More »
Key Employee Engagement Programme (KEEP) Where an employer grants an option to an employee to buy shares in a company and the employee exercises the option, she/he is currently liable to Income Tax, PRSI and USC before receiving any cash. The total benefit received by the employee will be taxed at CGT rates when the …
