|
Description:
|
Brian McDaid commenced in private practice back in 1984 and the firm currently carries on business under the title Brian McDaid & Associates.
Brian is joined in partnership by Emma McDaid and Desmond Lynch who both bring their respective talents and expertise to the firm.
The firm has offices on both sides of the border, in Derry and in Ballybofey and is well placed to service client requirements throughout Ireland and the United Kingdom.
We offer a full range of auditing and assurance, accounting, taxation, company secretarial and consulting services and are experienced in dealing with both UK and ROI regulation and legislation. We particularly specialise in cross-border tax and are registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in Ireland. We are also licensed to provide investment services in Ireland.
We represent companies and individuals, across a wide range of sectors and industries, including those involved in retail, manufacturing, food and hospitality, construction, and professional services industries. We also provide services to a wide-range of not-for profit entities including community groups, charities, Co-ops and other organisations.
We are an accredited training firm with Chartered Accountants Ireland and take on staff each year to be trained as Chartered Accountants.
Our firm is known first and foremost for its commitment to its clients and staff, the provision of a quality service and the longevity of its client relationships. Our internal structure ensures high partner/client contact on an ongoing basis.
We are committed to supporting employment and business development in both Derry and Donegal.
Our services
We provide the following services throughout Ireland and the UK:
Auditing and assurance
- Statutory audits under the Companies Act for companies/groups
- Charities audits under the Charities SORP
- Friendly Societies
- Industrial and Provident Societies
- Companies limited by guarantee
- Solicitors’ Accounts Reporting (NI & ROI)
- Auctioneer’s Reporting to the PRSA (ROI)
- Grant claim reporting
- Reporting on bank covenant compliance
Bookkeeping and accounts preparation
- Soletraders
- Partnerships
- Limited companies not required to have an audit
- Operation of payroll bureau including production of payslips, filing returns with HMRC/Revenue Commissioners
- Completion of VAT returns
- Subcontractors returns
Tax Compliance
- Income tax and capital gains tax returns in both UK and ROI
- Corporation tax returns in both UK and ROI
- Capital allowances claims
- Assistance with tax investigations
Tax Planning
- Determining the most tax effective structure for your business
- Taking full advantage of tax opportunities and reliefs
- Advice on cross-border tax reliefs
- Domicile and residence
- Reducing tax on disposals and maximising relief on acquisitions
- Making the most of tax opportunities specific to your industry
- Advice on the most appropriate VAT schemes
Estate and inheritance planning
- Exit strategies
- Valuations
- Making full use of exemptions and lower tax rates on lifetime transfers
- Optimising lifetime transfers between spouses
- Transferring agricultural or business property to take full exemption of available reliefs
Business start up
- Assistance with deciding on the most suitable structure for your business – sole trader, partnership, or limited company
- Preparation of a business plan, cash flow projections, budgets, and trading forecasts
- Completion of any registration procedures with Companies House/Companies Registration Office and the Tax Authorities and advice on compliance with regulations
- Dealing with company secretarial issues including incorporation of a limited company if applicable
- Assistance with setting up a bookkeeping system
Company Secretarial
- Company formations in both UK and Republic of Ireland
- Preparation and filing of statutory annual returns
- Preparation of dividend paperwork, including minutes & dividend vouchers
- Preparation of documentation related to minutes and resolutions
- Maintenance of statutory books
- General advice on company law
Business Planning and Corporate Finance
- Preparation of business plans and cash forecasts
- Advice on the most suitable sources of finance – commercial loans, bank overdraft, mortgages and personal capital
- Assistance with presenting proposals to finance sources
Forensic Accounting
We can provide information and documentation to support your case in the following circumstances
- Contractual dispute
- Insurance claim
- Contested business loss
- Matrimonial dispute
- Professional negligence claim
- Tax enquiry
- Fraud investigation
Insolvency Services in the Republic of Ireland
- Members voluntary liquidations
- Involuntary liquidations
Pension and Investment Services in the Republic of Ireland
- Providing advice on pensions
- Arranging life cover
- Arranging income protection cover
- Advising on investment suitability
|
