Course Details

This course focuses on the most common succession planning opportunities / plans that are used in practice and the tax implications of each. 

  • Utilising the share buyback rules to allow for transition to the next generation while still getting cash into the exiting/disposing shareholders hands. We will review the tax and company law requirements.
  • Management buy outs – the options available following the change to Section 135 TCA;
  • Use of share for undertaking for succession planning purposes.
  • The importance of reviewing the make of the balance sheet prior to any disposal of shares in order to make the most of reliefs.
  • A recap on business asset relief.
  • A recap on agricultural relief.
  • A recap on entrepreneurial and retirement relief.

CPD Course Speaker

OmniPro

John Murphy

As a Director of OmniPro Tax and Legal Limited, John relishes problem-solving to help accountants develop innovative client solutions and sharing his technical knowledge on tax, company law, financial reporting and auditing.

A Chartered Tax Adviser, he advises clients in practice on a range of issues from income tax, tax planning, restructuring to exit planning as well as advising on company law in relation to these and many other matters. In addition, he provides support on financial reporting, auditing and company law; conducts company valuations and advises on pre-sale restructuring. He is also an insolvency practitioner who acts as liquidator in members voluntary liquidations and is a Registered Auditor.