Irish Tax Services
Irish tax returns, tax advice, social welfare pensions advice, succession planning.
Many ex-pats based here in Australia are unaware that they may still have tax entitlements or obligations at home in Ireland. Similarly, many Australians that once lived/worked in Ireland may also still be liable to Irish tax or entitled to large tax refunds.
Tax refunds in Australia can be increased or tax liabilities decreased where Irish assets are owned. This can make holding Irish assets, such as a house earning low rental income, a valuable commodity.
However, Irish income tax has to be paid on income from investments held in Ireland such as houses and other property, shares in Irish companies and savings held in Irish financial institutions. Likewise Irish capital gains tax has to be paid when any of these investments are sold.
Another lesser known fact is that many Irish in Australia may still be entitled to the Irish State Pension when they retire. This currently applies to most individuals that have worked in Ireland and paid PRSI for at least 10 years.
Our mission is to work with our Australian based clients to ensure they remain compliant and structure their assets in a tax effective way taking into consideration both Irish and Australian Tax legislation.