Cooney Carey

Entrepreneur Relief – Can you avail of the 10% capital gains tax rate?

For many individuals selling or liquidating their business, a capital gains tax rate of 33% is likely to arise on the exit With proper planning in advance of any exit it may be possible to achieve a lower rate of capital gains tax – 10% if entrepreneur relief is available – Where this relief is…

Discounted Cash Flows (DCF) & Net Present Value (NPV)

Discounted cash flows (DCF) and Net Present Value (NPV) are terms often used in corporate finance but what do they mean and what are they used for? Discounted Cash Flows (DCF) DCF is a valuation method that estimates the value of an investment or asset by using its expected future cash flows It is an…

Transfer of a site to your child – CGT exemption

Where parents are fortunate to own land they may wish to consider gifting this land to their child to enable them to construct a home Below we consider the tax implications of transferring a site to a child under three tax headings, capital gains tax (CGT), capital acquisitions tax (CAT) and stamp duty (SD) CGT:… Because it’s more powerful to have our clients do the talking for us

As a member of Russell Bedford International, Cooney Carey has access to a global network of independent firms of accountants, auditors, tax advisers and business consultants Ranked as one of the world’s top accounting networks, Russell Bedford has close to 300 offices in over 100 countries in Europe, the Americas, the Middle East, Africa, the Indian Sub-Continent and Asia-Pacific Having been a board member of Russell Bedford, our Managing Director Tony Carey ensures that Cooney Carey’s clients benefit from the additional expertise and international connections that come with membership of this esteemed global network