Remember that cash is disallowable when availing of retirement relief, maintaining it in a company structure will not allow for a reduced tax removal at that point.I take your point Brendan but I'm only 3-4 years away from retirement and will be using retirement tax relief on the sale of the company.
Remember that cash is disallowable when availing of retirement relief, maintaining it in a company structure will not allow for a reduced tax removal at that point.
I'm not a professional in this area, but my understand from a tax exam I did was that non-business related assets are not included, so cash and other investments are out. Going to check now though!Is that a professional opinion? I would beg to differ!
Remember that cash is disallowable when availing of retirement relief, maintaining it in a company structure will not allow for a reduced tax removal at that point.
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