Medical Professionals Archives - DHKN Galway

Medical Professionals

The Employment Investment Incentive can be a valuable tax relief for those with high taxable income.

EMPLOYMENT INVESTMENT INCENTIVE SCHEMES – WHAT YOU NEED TO KNOW AS AN INVESTOR

By Mark Gibbs, F.C.A. The Employment Investment Incentive (EII) aims to encourage individuals to provide equity-based finance to unquoted private trading companies to create employment. EII is a tax relief incentive allowing investors who qualify (individuals not connected to the company) to deduct the cost of their investment in a company from their total income, […]

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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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