Pick the one closest to you and we show the services that fit.
Everything below is set up for you by your own senior advisor.
Or Freephone 1800 808 808 and a senior advisor takes it from there.
Cash on deposit inside a company earns little, is taxed at 25% and can attract the close company surcharge. We set the reserve the business needs, then compare the pension and investment routes for the rest, in euro.
Roughly how much cash the company holds and what it has coming up. No accounts needed at this stage.
Tax relief, contribution limits and the right plan differ between the three.
Stored securely, never sold. Used only to come back to you about your request.
A confirmation email is on its way to you, and a senior financial advisor is reviewing what you sent and will be in touch. Want to get ahead in the diary? Book your discovery call, or Freephone 1800 808 808.
Every business needs a cash reserve: wages, VAT and corporation tax, suppliers, a slow quarter and any investment it has planned. The right figure comes from the company's own numbers, not a rule of thumb. We build it from your monthly costs, tax dates and plans, and agree it with you and your accountant.
Cash above the reserve is a decision, not a default. Left on deposit, it is taxed every year and loses ground to inflation. Moved with a plan, it can fund your pension or be invested in the company's name.
Most owner-managed companies are close companies. Interest and rent earned by the company are taxed at 25%, not 12.5%. If the after-tax investment and rental income is not paid out within 18 months of the end of the accounting period, Revenue adds a 20% surcharge on it. Amounts of €2,000 or less are exempt.
Close service companies pay a further 15% surcharge on half of their undistributed trading income. Cash that builds up inside the company without a plan can turn into a tax bill.
A close company earns €10,000 of interest a year on cash it does not need, and leaves it undistributed. Figures are illustrative.
| Amount | |
|---|---|
| Interest earned | €10,000 |
| Corporation tax at 25% | €2,500 |
| After-tax investment income | €7,500 |
| Close company surcharge at 20% of €7,500 | €1,500 |
| Total tax | €4,000, or 40% of the interest |
The pension route moves cash to you for retirement. A company contribution to your pension is deductible, is not a benefit in kind, and has no income tax, PRSI or USC taken from it. Through a PRSA, the company can pay up to 100% of your salary each year with no benefit in kind. The money cannot be reached until retirement.
The investment route keeps cash in the company's name for the business to use later. It goes into funds through a life assurance investment bond, with no annual tax inside it and exit tax of 25% on gains when money comes out or every eight years. The value can fall as well as rise.
| Deposit | Pension contribution | Company investment | Dividend | |
|---|---|---|---|---|
| Tax | 25% on interest each year, surcharge possible | Deductible, no income tax, PRSI or USC going in | 25% exit tax on gains at chargeable events | Taxed in the company, then up to 52.35% in your hands |
| Access | On demand or fixed term | At retirement | Withdrawals usually possible | Yours now |
| Suits | The reserve | Money you will not need before retirement | Money the business may need in five years or more | Money you need personally now |
Cash held and what is coming up. The form takes two minutes.
From your costs, tax dates and plans, agreed with your accountant.
Deposit, pension, company investment and dividend, in euro.
With a senior advisor, and the figures in writing.
The pension contribution and any investment, with the paperwork handled.
So cash does not build up again without a plan.
We (Richie and Nickey) received excellent pension advice that was clear, honest, and tailored to my situation. Everything was explained in a way we could easily understand, and we felt confident making decisions about my future. Highly professional service and very reassuring throughout the process.
They made setting up a company pension on a deadline extremely easy and stress free. You can tell they understand the products inside out. Very approachable, great availability for support with instant and clear answers.
True Wealth was super efficient in locating my UK pension. They were very professional and responsive in dealing with the relevant pension organization. I would highly recommend True Wealth.
Thank you for the several calls to advise me. Great client attention! Eimear is fantastic! I had my pension sorted and a few insurances arranged. All the best.
Excellent service. Always there if I had any questions, would recommend without hesitation. A 5 star service. Thank you everyone.
Straight answers with the figures. If yours is not here, a senior advisor answers it in your review.
Enough to cover wages, tax, suppliers and a slow period, plus anything it plans to spend. We build the figure from your own costs and dates rather than a rule of thumb.
It is non-trading income, taxed at 25% corporation tax. A close company that does not distribute its after-tax investment income within 18 months of the year end can also pay a 20% surcharge on it.
Most owner-managed companies are. Your accountant can confirm it. If it is, the surcharge rules apply to undistributed investment and rental income.
Eligible deposits are protected up to €100,000 per depositor per institution under the Deposit Guarantee Scheme. Larger balances can be spread across institutions.
Often, if you will not need it before retirement. The contribution is deductible for the company and is not a benefit in kind. If the business may need the money back, a company investment keeps it on the balance sheet.
Yes. A company can own an investment bond in its own name. Gains are taxed at 25% exit tax when money comes out or every eight years. The value can fall, so it suits money the business will not need for some years.
Sources checked 7 October 2026.
Two minutes on the form. A senior advisor is in touch with the reserve and the routes, in euro.