What is a Viable Business? The current level of debt within the business must be at a sustainable level A history of successful trading i.e. profits & cash generation Good credit history Knowledgeable and capable Owners/ Management Team What Information Does the Bank Require in order to assess an application for Bank Finance? A Detailed […]
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Tax-Free Sale of EEA Property
Finance Act 2014 extended the incentive relief from CGT for disposals of certain properties. The exemption from CGT applies to properties bought after the Budget date and before 31 December 2014. Where such property is held for a period of greater than seven years’ duration, the gains attributed to that seven-year period will be relieved […]
Start Your Own Business Relief
The Start Your Own Business scheme provides for relief from Income Tax for long term unemployed individuals who start a new business. The scheme will provide an exemption from Income Tax up to a maximum of €40,000 per annum for a period of two years to individuals who set up a qualifying business; having been […]
