Succession Planning Archives - DHKN Galway

Succession Planning

Medical professionals can benefit financially from setting up as a company.

FINANCIAL BENEFITS FOR MEDICAL PROFESSIONALS FROM INCORPORATION

Setting up a company to capture income from private practice can have significant financial benefits for medical professionals. Brian Fallon FCCA, CTA, Director of DHKN Medical, looks at how this can work best. For over 10 years medical professionals have been able to reduce the taxation on their income from private practice by establishing a …

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Passing on the baton in a family business. Succession planning.

PASSING ON A FAMILY BUSINESS

Most businesses in Ireland are SME’s and many are family-owned. At some stage the founder or current owners will need to consider succession planning and retirement, whether it’s passed on to another generation or sold outside the ‘family’. By Dave Hickey F.C.A. Why is a succession plan so important? Life happens—and unless you have a …

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