Owner Managed & Family Business
Professional Practice
Sole Trader
Starting Up in Business
Private Client



Budget 2015 - Newsletter

Click here for PDF of Buget 2015

To find out more - whom do I contact?

Cathal O'Donoghue ACA
Alan Lawlor FCCA AITI

Wallace O'Donoghue

Suite 138/139
The Capel Building
Mary’s Abbey
Dublin 7

T: 353 (01) 8880830
F: 353 (01) 8880833

facebookicon googleplusicon linkedinicon

Servicing the Professional Practitioner

Running a professional practice has never been as difficult as it is today. Whether you are a doctor, an architect or a solicitor, you survive and thrive on your reputation. Whether as a sole practitioner or a partnership, the needs of your clients are ever increasing. The pace of change in best practice, technology, regulation and legislation means that many practitioners are running to stand still.

Irrespective of the field you practice in we recognise that you are unique and that your priorities and requirements are distinct.

Unlike other accountants we don't just offer a few words of advice when we meet you to get your tax return signed or when we finalise your accounts.

Moreover our service philosophy is grounded in keeping in contact with clients throughout the year and providing practical advice and counsel as required in areas of tax planning, personal financial planning and the practicalities of running your practice.

As well as ongoing accounting, tax and business advise we can assist you with the following: 

  • Professional services withholding tax 
  • Assistance in raising finance for your practice 
  • Due diligence reviews where you are considering a merger or takeover of another practice 
  • Managing and motivating staff 
  • Taking on a partner- the practical issues 
  • Pensions and life assurance 
  • Succession plannings

Recent changes mean that in many cases it is more efficient from a tax and pension planning perspective to trade as a limited company that as a sole trader. Many challenges arise however from a regulatory and legal perspective in implementing a corporate structure. We believe in giving clients holisitc and balanced advice as to whether incorporation is the right option.