Outside of pensions, private companies are increasingly used to manage Irish personal wealth. This is perceived as tax efficient, but it really depends – it certainly requires a minimum level of investment and may not be suitable for all deals.
Leaving work to start your own business - you may be entitled to a tax refund
Start Up Relief for Entrepreneurs SURE is a tax refund scheme for individuals who leave an employment and set up their own Startup. A Founder can receive a refund of up to 41% (being top Irish tax rate) of capital invested in a new venture via a repayment of Irish payroll taxes. You can go back 6 years to reclaim the tax.
