Helping you on Life's Financial Journey
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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As had already been announced by Government, legislation was passed to keep the State Pension age at 66. There is now no provisions in legislation to trigger a future increase of the State Pension age to 67 from 01/01/2021 and to 68 from 01/01/2028. New legislation will need to be passed if the State…
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Thank you to Sinead Ryan and Newstalk for inviting our very own Brendan to speak about the NHSS (Fair Deal Scheme) on the Home Show this morning. At Eolas Money, a key part of our financial planning work involves helping our clients prepare and plan for older age, and with the issue of nursing homes…
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One of the key benefits of saving for your retirement is the tax treatment of pension returns compared to other investments. See below: Investment Funds = Exit tax 41% Deposits = DIRT 33% Equities = CGT 33% Rental Income = Income Tax 20% or 40% plus PRSI & USC Pensions = Tax free Returns So…
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