Updates on Taxpayers’ Preliminary Tax Obligations Recently, Irish Revenue has provided updates on taxpayers’ preliminary tax obligations with regard to corporation tax. As well as clarifying rules around where there is no preliminary tax due and the due dates. The change has been made on the (TDM) Tax and Duty […]
News
Inheritance Tax Rethinking by UK Government
Inheritance Tax Rethinking by UK Government According to the current UK Chancellor, Sajid Javid, an Inheritance Tax Rethinking by the UK government is possible. He has indicated that the Government, which is a conservative government, favours changes or may even get rid of the inheritance tax regime. This statement was […]
Summary of Budget 2020
Summary of Budget 2020 On the 8th of October, Minister for Finance Paschal Donohue released his third budget as a minister. There have been tax and spending changes, as well as a significant fund put aside in the event of a hard No-Deal Brexit. In general, there were no great […]
Trust and Company Service Providers
Trust and Company Service Providers Firstly, Trust and Company Service Providers, also known as TCSPs, are any person or company, in short that provides the following services: The formation of companies and/or other corporate bodies Someone who acts as a Director or Secretary of a company which is under an […]
Two Tier VAT Registration Announced by Irish Revenue
Two Tier VAT Registration Announced by Irish Revenue It has been announced that Irish Revenue is developing a two-tier VAT registration system for separate domestic and EU VAT registration. Under the new system, a company may apply for an ‘intra-EU’ or a ‘domestic-only’ registration. This change will apply to those […]
Setting up a Discretionary Trust for Children with Special Needs
Setting up a Discretionary Trust for Children with Special Needs Every parent wants to care for and provide for their children. If you’re the parent of children with special needs, additional assistance is sometimes needed. This could be because of an inability or disability to do certain tasks on their […]
5 Things to Consider when Choosing a Family Office location
5 Things to Consider when Choosing a Family Office location Historically, families with a high net worth would set up their family offices in their home town, city or jurisdiction. However, like most things, this habit is changing. Preferences, priorities and a dispersed family network geographically are pointing to a […]
Reasons to Set Up a Family Trust
Reasons to Set Up a Family Trust We all come to a point in our lives where we begin to think about protecting and managing our assets for the benefit of our family and/or for future generations. This is where a family trust comes in. A family trust is a […]
Why you should Consider an Irish Holding Company
Why you should Consider an Irish Holding Company Firstly, why you should consider an Irish Holding company is that Ireland is the EU’s prime location for setting up a holding company. Secondly, over the last few decades, many hugely successful companies such as Apple, Intel, Pfizer, Facebook and Google, to […]
City Trust Opens Cork Office
City Trust Opens Cork Office City Trust is thrilled to announce further expansion and investment with the opening of the Cork Office. Our mission has always been to provide our clients with independent solutions and relationships that are tailored to the client’s needs. With over 25 years of experience in […]

