Budget 2019

Budget 2019 main points: Income Tax, USC & Tax Credits The Universal Social Charge of 4.75% (levied on incomes between €19,300 and €70,000) will be reduced by 0.25% to 4.50%. The threshold at which people pay the higher rate income tax of 40% will increase by €750 from €34,550 to €35,300. The threshold at which people…

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Pensions vs Savings vs Investments

Many people in Ireland who have money to invest or save are looking to find ways in which they can minimise their overall tax bill. When you put money in interest earning account at a bank, your interest earnings are liable to 41% DIRT (Deposit Interest Retention Tax). This is also similar when you save…

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Learn how to protect your wealth

Tax efficient ways of protecting your life, income, long-term savings, even the inheritance you leave your loved ones – Learn how to protect your wealth. The dreaded invisible hand in the back of every earners pocket… Tax. Here is a list of ways to reduce your overall tax liability while achieving some financial goals: Tax…

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The Coming Pension Crisis

At this moment in time, only a few of those at work are currently paying into a Pension Plan. This represents a crisis that will strike in the meantime right through the next 40 years. Unfortunately, due to the fact that many are just hard working Irish citizens, keeping their head down taking care of…

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