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8 Things to Do Before 2026 to Reduce Taxes

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Manage episode 523597877 series 3667545
Content provided by Ask About Wealth. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ask About Wealth or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Book a 1:1 Consultation & Financial Plan With Paul

https://askaboutwealth.ie/consultancy


In this episode, we provide a checklist of actions business owners and individuals can take before December 31, 2025, to maximise tax benefits. Key topics include clearing out company profits, utilising tax credits and allowances, maximising contributions to retirement schemes, and understanding the implications of capital gains tax and EIIS investments.


Learn practical tips for leveraging pension contributions, tax-efficient bonuses, subsistence allowances, and tax loss harvesting. This guide offers valuable insights to help you minimise tax liabilities and optimise financial planning for the future.


00:00 Introduction: Maximising Your Tax Benefits

00:26 Clearing Out Your Profit: Why and How

05:23 Utilising Small Benefit Exemptions (SBE)

08:13 The Power of Pensions

13:51 Understanding Subsistence Allowances

19:02 Capital Gains Tax: What You Need to Know

23:50 Employment Investment Incentive Schemes (EIIS)

26:42 Conclusion: Effective Tax Planning


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

55 episodes

Artwork
iconShare
 
Manage episode 523597877 series 3667545
Content provided by Ask About Wealth. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ask About Wealth or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Book a 1:1 Consultation & Financial Plan With Paul

https://askaboutwealth.ie/consultancy


In this episode, we provide a checklist of actions business owners and individuals can take before December 31, 2025, to maximise tax benefits. Key topics include clearing out company profits, utilising tax credits and allowances, maximising contributions to retirement schemes, and understanding the implications of capital gains tax and EIIS investments.


Learn practical tips for leveraging pension contributions, tax-efficient bonuses, subsistence allowances, and tax loss harvesting. This guide offers valuable insights to help you minimise tax liabilities and optimise financial planning for the future.


00:00 Introduction: Maximising Your Tax Benefits

00:26 Clearing Out Your Profit: Why and How

05:23 Utilising Small Benefit Exemptions (SBE)

08:13 The Power of Pensions

13:51 Understanding Subsistence Allowances

19:02 Capital Gains Tax: What You Need to Know

23:50 Employment Investment Incentive Schemes (EIIS)

26:42 Conclusion: Effective Tax Planning


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

55 episodes

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