Helping you on Life's Financial Journey
Minister for Finance Jack Chambers and Minister for Public Expenditure Paschal Donohoe announced the details of Budget 2025 this week with a raft of measures aimed at putting the country on a “firm footing for the future”. Download our Budget 2025 Briefing HERE
Recently, no doubt prompted by the school summer holidays, we have received a lot of queries from clients looking for advice on how to introduce some version of pocket money for their younger children, those who are not old enough to find part-time work themselves, as a reward for household or garden chores carried out.…
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Click HERE to read our June 2024 client newsletter
Self-administered pensions allow pension investors to purchase properties via their pensions. Properties held fall under the categories of residential, commercial, industrial, or may be a combination of each of these held within syndicated pension funds. Is it appropriate for everyone, No. Are their restrictions, Yes. Is it complex, Just a little. Are their significant tax…
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BUSINESS OWNERS: Would you like to know more about the proposed auto enrolment scheme and how this may impact your business and employees?Register via the below link for our auto enrolment webinar hosted by Jim Stapleton CFP®, Head of Organisational Financial Planning here at Eolas Money. This webinar will provide business owners, HR & Finance Managers with…
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At the National Pensions Summit last February, Minister for Social Protection Heather Humphreys outlined the planned introduction of pension auto enrolment to be effective from 01st January 2025 and we now outline some key takeaways of Auto enrolment. Currently, only about 35% of the private sector workforce actively contribute to a supplementary pension scheme, and…
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Finance Bill 2023 introduced a temporary one-year Mortgage Interest Tax Credit to help those who experienced huge increases in their mortgage interest bills during 2023 as a result of the series of interest rate rises from July 2022 on. We have attached a video to a short video from Brendan setting out the details on how this relief operates.
For some the State Pension, of approximately €14,500 per annum will be an important source of income in retirement. However, significant changes in when the State Pension can be claimed apply from 1st January 2024, and from 1st January 2025 the way in which a new State Pension entitlement is calculated will be changed. So,…
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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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