CPDStore Ireland

The focus of this course is preparing for a comprehensive succession plan – to benefit all parties (both disposer and recipient).

There are many ways in which a family succession plan can be structured and implemented in a tax efficient manner –whilst utilising and being tax compliant with the Irish tax legislation. However, individuals / business owners often delay making any succession plans which can sometimes restrict the options available down the line. This course looks at differing ways in which with early planning a tax efficient succession plan can be prepared for.

This presentation covers the following topics:

• Overview of succession planning options & how to prepare for a comprehensive succession plan which benefits all parties,
• Review of Capital Gains Tax (CGT) implications as part of an overall succession plan – to include discussion on the CGT reliefs available,
• Review of Capital Acquisitions Tax (CAT) implications as part of an overall succession plan – to include discussion on the CAT reliefs available,
• Review of Stamp Duty implications as part of a succession plan,
• A look at the decision to transfer wealth during the lifetime of an individual, versus passing wealth through a will,
• A look at some options to structure a business / or wealth to facilitate a tax-efficient succession plan.