Contact Suzanne

E: [email protected]
T: +353 (0)57 912 5662

Suzanne O'Neill
Tax Partner


Office : Birr
Biography

Suzanne O’Neill is an FCCA and a Chartered Tax Advisor.  She has over 25 years’ experience working in practice advising family businesses within the SME sector.  She works closely with existing businesses and individuals throughout the lifecycle of their businesses assisting them in achieving their financial objectives.

Suzanne advises family companies and individuals within the Private Client services division of the firm.  She manages the  Midlands office in Birr, Co. Offaly, offering a wide range of professional services to clients throughout the midlands, including Audit, Compliance and Tax Consulting services.

Publications

What is my tax liability on selling an apartment I own with my mother?

6 April 2022
Q. I am about to sell a two-bedroom apartment. I own 50 per cent of it and my mother owns the other half. Her half is to be left to me in her will eventually. The apartment was bought in the late 1990s. I have lived in the apartment for the past five years, and I understand that I do not have to pay any Capital Gains Tax (CGT) as it is my domicile....
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How tax-efficient is it for me to build an office in the garden?

28 June 2022
Property Clinic: You will need to separate the fit-out expenses from the building costs, and be mindful of VAT and capital gains I am a photographer and a sole trader, and am looking to build an office in my back garden so I can dispense with renting an office in my local town and work from home. Before I proceed, I was wondering what the most t...
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I live in the basement of my Victorian house and rent out the rest. What happens if I sell?

6 July 2022
Property Clinic: While capital gains tax must be considered when selling, there are reliefs I live in a Victorian house in Dublin. It is my principal private residence. I may consider selling the house in three years’ time depending on the implication of tax liabilities. If they are too costly it would not be worth selling as I could not affor...
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I’m selling my rental home. How much capital gains tax will I have to pay?

19 July 2022
Property Clinic: Your CGT liability will depend on a variety of factors, including when you bought the property I purchased a rental house in December 2014 with the intention of returning to Ireland. The tenant has vacated the property. I intend to sell and purchase in a different part of the country. What is the capital gains tax (CGT) liabil...
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New residential zoned land tax

28 July 2022
Revenue has recently published a guidance on the new tax, Residential Zoned Land Tax (RZLT), introduced by section 80 of Finance Act 2021 contained in Part 22A of the Taxes Consolidation Act 1997 (TCA 1997).  The guidance notes are detailed, and the following is an overview of the tax. RZLT is an annual tax, calculated at 3% of the market v...
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Revised Civil Servants Rates

22 September 2022
In July 2022, the Department of Public Expenditure and Reform released circulars revising the motor travel rates and the domestic subsistence allowances available to civil servants. Revenue have updated their Travel and Subsistence: Civil Servants Rates webpage to reflect the new rates and to include links to these circulars. These revised rates ar...
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Change to taxation of rental income by non-resident companies

8 December 2022
Under the Finance Act 2021, non-Irish resident corporate landlords are now subject to Irish corporation tax at the rate of 25% on rental income from Irish property. The change is effective for accounting periods commencing on or after 1 January 2022, and the result is an increase in the tax rate from 20% to 25% for non-resident corporate landlords....
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Update on individual obligations for non-resident landlords

8 December 2022
A non-resident landlord is someone who is not resident in Ireland, but rents out a property in Ireland. Income from renting out a property, or from another source that qualifies as rental income, is taxable. This income must be declared to Revenue. For non-resident landlords with rental income there are two options available to them: Engag...
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Events

Debt warehousing update and SCARP as restructuring option

As a consequence of the Covid-19 pandemic, the Irish economy has been impacted by unprecedented disruption and many businesses have seen significant changes to their trading models, operational structures, and their liquidity position. One would have anticipated an immediate economic fallout for businesses most directly affected. This has not been ...
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Budget 2023 update

Budget 2023: What's new and what does it mean for your business?   Download our Budget 2023 Highlights here The highlights On September 27th the Irish Government announced Budget 2023. This Budget was framed upon the requirements for the Government to provide a “cost of living budget” to support those worst hit by risi...
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Budget 2022 update

Budget 2022: What's new and what does it mean for your business?   Download our Budget 2022 Highlights here The highlights On October 12th the Government announced Budget 2022.  This Budget was framed upon the requirements for the Government to provide more housing, improve the healthcare system and respond to climate change. ...
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Business Plus - Ireland's Leading Tax Advisers 2021

Ireland's leading tax advisers discuss their clients' main concerns over the past year in the September/October edition of Business Plus magazine. Suzanne O'Neill, Tax Partner, and Brian Kelly, Tax Director, share their insights on the tax issues top of mind for RSM's mid-market clients. As seen in Business Plus magazine, September 2021 ...
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Business Post Owner Management report - Sharing the equity with key management

Owner Management - RSM Ireland Tax Partner, Suzanne O'Neill, discusses how share equity can play a crucial role in augmenting loyalty and hanging on to talent. As business owners assess their exit strategies, an experienced and motivated management team is a very valuable and vital resource in growing the business. “With the growth in the ...
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