Redundancy - Eolas Money

Category: Redundancy

Helping you on Life's Financial Journey

Bespoke Financial Planning for Business Owners: PRSA or Master Trust

PRSA vs Master Trust: Key Differences for Company Directors 

28/05/2026

For business owners and company directors, the choice between a PRSA and a company pension (typically a Master Trust) is no longer straightforward. Since the introduction of IORP II, it has become a core strategic decision in retirement planning.  At a high level, a PRSA is a personal pension contract between you and a provider. A…
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Taxing of Lump Sum Termination Payments

20/01/2023

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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