2019 Budget Summary

Details of the 2019 Budget were announced in Dáil Éireann on Tuesday 9th October 2018, below is a summary of the main changes in the 2019 Budget which may have implications for you Small Reductions in Income Tax and USC: No changes in Income Tax rates and the main tax credits and allowances No changes […]

Inheritance Tax & Cohabiting Couples

Inheritance Tax & Cohabiting Couples – The Facts: Assets passing on death between married couples/civil partners are exempt from Inheritance tax BUT this exemption only applies in the case of ‘Legal Spouses’/Civil Partners ALL other couples are treated as strangers from an Inheritance Tax point of view where the threshold is currently only €16,250 Inheritances in […]

Pension Tax Deadline 2018 – Employees

  Tax Saving Opportunities – For Employees    Good news! Do you feel you are paying too much tax? You may be entitled to a refund of some of the income tax you paid in 2017, read on..    You can avail of this tax saving opportunity by personally making a lump sum Pension contribution You […]

Pension Tax Deadline 2018 – For the Self Employed

Who files a self-assessment tax return?  The self employed, proprietary directors (those who own more than 15% of a company) and people with non-PAYE income are required to file self assessment tax returns under the Pay and File system with Revenue Employees and Directors in occupational pension schemes can also reduce their 2017 tax bill […]

Education Costs!

Education Costs! Did you know that the cost of primary school education is 42% higher than parents expect, while the cost of secondary school education comes in 21% above parents expectations. Plus, 52% of parents of third level students got into debt to cover the cost of college. For parents gearing up for September, this […]

Low Interest Rates

Low Interest Rates – Are You Considering all Your Options The good news is low deposit interest rates can open other windows of potential opportunities! We have seen another year of significant low deposit interest rates, and this trend looks set to continue for the foreseeable future. These low interest rates however are significantly impacting […]

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Women hit by pensions gender gap

Women are feeling the impact of the pensions’ savings gap more than men, as new research from Aviva shows that men are considerably more comfortable engaging with their retirement savings than women. Because they generally live longer, earn less, and spend less time in the workforce than men, women are particularly vulnerable to inequitable pension […]

Budget 2018

Introduction The Minister for Finance and Public Expenditure and Reform, Paschal Donohoe, has delivered Budget 2018. While many of the changes announced in today’s budget had been flagged in advance there were still plenty of talking points. As expected the Minister made a number of changes to the Universal Social Charge as well as an […]

Life & Pension Update

Introduction The Minister for Finance, Michael Noonan, and the Minister for Public Expenditure and Reform, Paschal Donohoe, have delivered Budget 2017, the first budget under the minority Government. The measures announced include a reduction in the three lowest rates of the USC, increasing the Capital Acquisitions Tax thresholds, a rise in the State Pension (Contributory) […]