Author: Jim Stapleton

Helping you on Life's Financial Journey

Business Owners: Make sure your business protects You, Your Family & Itself

Most businesses will prioritize its insurance policies as an important step to protect the business against potential financial risks and liabilities. Business insurance provides peace of mind, minimize financial loss, meets legal requirements, and improves business credibility. However, while business continuity will always be a top priority, Eolas Money’s Jim Stapleton outlines the various personal…
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Your Goals, Dreams & Aspirations-Why use Cashflow Modelling

When providing financial planning support to our clients, we do so to help create a sense of financial wellbeing which we describe as being able to: Fully meet Your current financial obligations, Feel secure in Your ability to meet Your future financial obligations, Have peace of mind when it comes to the “What Ifs” life…
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Succession Planning for Business Owners

It is inevitable but at a certain time in a business’s lifecycle and as people approach a certain age, the business and the business owners must begin to plan for their exit from the business. Organising a successful exit from your business is a process, and one that needs to be planned carefully, whether you…
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Taxing of Lump Sum Termination Payments

With recent news of redundancies in tech sector, below is an overview of the tax treatment applying to lump sum payments received on cessation of employment as certain payments may attract tax exemptions. Statutory Redundancy Payments: Where you receive a statutory redundancy payment the amount received is ignored for taxation purposes as statutory redundancy is completely…
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Retirement Funding Update 2023

Finance Act 2022 was passed on 15 December 2022 and the new BIK free employer PRSA contributions are now in force since 1 January 2023. A Brief Summary of the changes as follows: Prior to 01st January 2023, an employer contribution paid to an employee or Director’s PRSA was a deemed to be a Benefit…
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Overpay Your Mortgage or Invest – Is there a simple Yes or No answer & which is better?

As everybody knows at this stage, interest rates on mortgages have shot up recently, especially for those previously fortunate enough to be on Tracker rates. While this may well be the first such increase for many borrowers in well over 10 years, all the indications from the most recent ECB meeting is that further increases…
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Eolas Money delighted to welcome Emma Costello to the team.

Welcome to the Team Emma

We were delighted to recently welcome Emma Costello to the team at Eolas Money. Emma joins the team to support our client administration functions and we know that she will be an invaluable asset to us and our clients going forward… Best of luck Emma.  #WelcomeToTheTeam

Budget 2023

Yesterday, Paschal Donohoe TD (Minister for Finance) and Michael McGrath TD (Minister for Public Expenditure and Reform) delivered the Budget 2023 and we have summarised some of the key personal tax related changes in our Budget Summary which is available by clicking HERE. 

Income Protection – A Vital ‘Living Benefit’

Income protection is a way of making sure you and your family have a financial cushion should you ever need it. When life is going well, it’s easy to take money for granted. It pays the bills and lets you take care of your family, enjoy your home, car, hobbies and holidays. Your income is…
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Why Your Spending Plan Matters

Brendan providing a brief description of how to properly use the Eolas Money Spending Plan which can be downloaded by clicking the following: 2022-Eolas-Money-Spending-Plan.