Budget 2024 Summary
Find attached our Budget 2024 Summary highlighting some of the relevant announcements made on 10th October.
Helping you on Life's Financial Journey
Find attached our Budget 2024 Summary highlighting some of the relevant announcements made on 10th October.
With effect from 1st January 2023, significant changes have taken place in the realm of pension planning and specifically with Personal Retirement Savings Accounts (PRSAs). These updates have had a significantly positive impact for business owners ushering in new possibilities for increased pension contributions and most importantly, full corporation tax relief. From 1st January…
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We are recruiting an apprentice to join our team in 2023 and to commence The Insurance Institute of Ireland (III) Apprenticeship Programme. If you would like to join the Apprenticeship programme within Eolas Money, we would love to hear from you!Details of the apprenticeship are outlined below, or to apply, please email Julie Kennedy at…
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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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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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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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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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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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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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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