Succession Planning

72 % of family companies fail within 5 years of the death of principle.  This percentage increases to 87% when the business is passed to the 3rd generation. The main reason for these companies failing is that a succession plan was not put in place. Succession plans can take years to implement and we in Quintas can guide you in the process. We can advise on passing  business and personal assets tax efficiently while also preparing both the outgoing and incoming members of the family for the road ahead. We provide a service which not only saves tax but also saves families from having substantial non financial problems during difficult times.

Dave O'Brien
Dave O'Brien
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Dave O'Brien

Tax Director

Dave O'Brien

Role

Dave joined Quintas in 2012 where he became Manager in the tax department before being appointed to the position of Tax Director.

Dave leads the Tax consultancy department, both from a corporate and personal perspective. This department offers extensive tax planning services concentrating mainly on company reorganisations, mergers and acquisitions and succession planning. The department also corresponds with Revenue dealing with audits and aspect queries for clients. From a VAT perspective Dave has extensive knowledge on VAT on property and VAT for international clients doing business in Ireland.

Experience

Dave has significant experience in tax roles, both in EY and in Quintas. Dave’s clients come from all sectors of business life in Ireland ranging from multinationals to sole traders and everything in between.

Qualifications & Previous Roles

Dave is a graduate of UCC where he received first class honours in Finance. Dave is a Chartered Tax Advisor (CTA) and is a member of the Irish Tax Institute.

Prior to joining the firm, Dave worked for EY in various tax roles within that organisation.

Expertise Covers

Mergers & Acquisitions, VAT, Succession Planning, Company Reorganisations, Revenue Audits

Tim McCarthy
Tim McCarthy
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Tim McCarthy

Managing Partner

Tim McCarthy

Role

Tim is one of the firms’ founding Partners and has spent his professional career working in private practice.

Tim leads the Corporate Finance & Advisory department. This department offers a bespoke service of personal attention to its clients including banking, corporate restructures, mergers and acquisitions, strategic business planning and advice on management and growth.

Areas of Speciality

Tim specializes in providing bespoke and specialist advice to clients in relation to the design and implementation of business growth and strategic business planning. Tim advises his clients around succession planning, shareholder agreements, estate planning, key executive appointments, finance options both mainstream and private equity structure.

Qualifications

Tim is a member of the Institute of Certified Public Accountants of Ireland, a member of the Institute to Directors and holds a Diploma in Banking and Corporate Recovery from the Law society of Ireland.

Expertise Covers

Corporate Finance, Bespoke Advisory Services, Strategic Planning, Succession Planning, Banking and Corporate Recovery.

Paul O'Connell
Paul O'Connell
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Paul O'Connell

Partner

Paul O'Connell

Role

Paul joined O’Reilly McCarthy in 2001, prior to the formation of Quintas in 2005.

Prior to being appointed as Partner, Paul held various roles across the firm.

Paul is Partner in Charge of our Outsourced Accounting & Advisory Services department. This department offers a broad array of services to its clients including financial reporting, payroll, vat compliance, banking & general business advisory.

Sector Experience

Paul’s client portfolio includes businesses spanning a range of sectors. Paul has significant knowledge and experience of the hospitality sector which includes food producers, hotels, bar & restaurants.

Qualifications & Previous Roles

Paul is a graduate of UCC and is a member of the Institute of Certified Public Accountants of Ireland.

Paul is a Chartered Company Secretary and holds an Audit Practice Certificate.

Prior to joining the firm, Paul worked for AIB Bank plc.

Expertise Covers

Financial Reporting, Banking, Advisory, Corporate Finance & Payroll

Did you know...

Due to the low tax free inheritance tax thresholds for children, even the inheritance of a modest home on the death of parents can lead to an inheritance tax liability.

Did you know...

The average CT rate in the world is 22.6%. Irelands rate remains at 12.5%.