Limited Company Owners Year End 2023 and 2024

Limited Company Owners Year End 2023 and 2024

Do you a profit in your Ltd Company or Firm and if so are you interested in how to transfer this into your personal name?
Do you need to make a Pension Payment before Year End?
Are you aware that there is no BIK Limit on PRSA Contributions in this Tax Year?
Are you aware of the advantages of a Company Paid PRSA or an Executive Master Trust Pension?
 

Following the recent Finance Act changes, effective from 1st January, 2023, it is now possible for an Employer to make a contribution to a P.R.S.A.  (Personal Retirement Savings Account) for a Company Director or Employee of a Limited Company / Firm.  The key change compared to previous years is that there is no BIK Limit on the amount of the premium that the Employer can make. 

 

Limited Company Directors can make a payment for Directors or Key Employees into a PRSA before 31th December, 2023.  100% of the Employer payment will be a business expense for the Employer.

 

Our contact details are as follows:

Email: damiengrouse@mynestegg.ie

 

Phone: (086) 3734795 

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