Mooney & Co

In many Irish SMEs, ownership is shared between a small number of founders, investors or family members. While majority shareholders often control strategic decisions, minority shareholders still hold important rights and interests in the business. Protecting these interests through good governance is essential for maintaining trust, stability and long term success. Minority shareholders typically hold…

Director’s loans are a common feature of many Irish SMEs. In smaller companies, the line between personal and business finances can sometimes become blurred, particularly where directors inject funds into the business or withdraw money during the year. While director’s loans can provide flexibility, they also carry important tax and compliance risks if not properly…

For many business owners, generating profit is only part of the financial equation. The next question is how to extract those profits from the company in the most tax efficient way. In Ireland, SME directors commonly use a combination of salary, dividends and pension contributions to access profits. Each option has different tax implications, and…