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Throughout the years there have been many so called “safe investments”. However, forestry seems to have been overlooked by many until now.

Throughout the years there have been many so called “safe investments”. However, forestry seems to have been overlooked by many until now.

The CEO of Arrabawn Co-op has said that the company’s strong performance in 2014, reflected by a €1.7m increase (60 per cent) in operating profits to €4.4million, can be attributed to five years of significant capital investment now paying dividends.

Athlone Credit Union Limited will hold its 47th annual general meeting on Monday December 30 at 8pm in the Radisson Blu Hotel, Athlone.

Those who invested in forestry in Mayo 15 to 20 years ago could be in the position to reap up to €10,000 per acre according to SWS Forestry. With almost 11 per cent of land in Mayo afforested, those who invested in forestry back then could be in line to cash in. Michael Moran, area manager for Mayo for SWS Forestry, speaking following the company’s annual strategy meeting in Carrick-on-Shannon, Co Leitrim, last week said the early planted part of the national estate is now in the timber production phase and returning attractive dividends to these pioneers.

Q I own a company which owns a rented retail unit worth approx €500,000. I want to give this property to my son but I don’t want him to have to pay cash into the company for it. What are the tax implications of this?

Q I own a company which owns a rented retail unit worth approx €500,000. I want to give this property to my son but I don’t want him to have to pay cash into the company for it. What are the tax implications of this?