News & Articles

 

The Finance Bill & ARF’s

The Finance Bill was published on Thursday (23 October 2014). It usually throws up a few interesting changes that weren’t big enough to be included in the Budget speech. And sure enough, there were some changes to the treatment of ARF’s and AMRF’s. ARF Changes In 2006, in a measure to combat using ARF’s as tax […]

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What Budget 2015 means to you

Last Tuesday, the Minister for Finance, Michael Noonan, delivered his Budget speech. It wasn’t that an exciting a Budget. Today I have a look at Budget 2015 and what it means to you.   The Pensions Levy This is one I have been really keeping my eye on. The Minister said that he will abolish […]

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Custom House Capital Update

I have written three articles on Custom House Capital in the last year. From the emails I have received from investors, they have all asked me the same thing, “What is happening to my money?” So I decided to find out . Central Bank Freezing Assets In July 2011, the Central Bank directed that no […]

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Central Bank Mortgage Restrictions

The Central Bank issued their Consultation paper on mortgage restrictions yesterday. It’s called the Macro-prudential policy for residential mortgage lending and it sets out their proposals for residential mortgage lending in Ireland. Background 29% of loans issued in 2006 had a loan to value (LTV) of over 90%. During the boom, almost 2/3 of mortgages were […]

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Questions about the universal pension

The Minister for Social Protection, Joan Burton, indicated that, now they economy is recovering, she is looking at implementing a universal pension scheme. Only half the population have private pension schemes and approximately 17,000 additional people receive the old age pension each year. Ahead of starting a universal pension scheme, there are a few questions […]

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Reduce your tax bill through pensions

The tax return deadline is just around the corner. The deadline for those submitting their return on paper is 31 October and 13 November for those submitting it online through the Revenue’s ROS system. A common way to reduce your tax bill is through pension contributions. So, how does this work? Example of how reduce […]

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Tips for getting a mortgage

A few weeks ago, I wrote a First time buyers guide to getting a mortgage, outlining the basic criteria that lenders look at when you submit an application. But is is not that simple anymore, so this week I am going to look at tips for getting a mortgage. The Irish Credit Bureau Your record […]

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Key Person Insurance

In 95% of the key person insurance plans that I have set up for clients, it is because a bank had requested it before they give a loan. Key person insurance has a lot more benefits than just that and company owners should be looking at using it a lot more to protect their company. […]

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Get Organised

When I take on a new financial planning client, I follow a 6 Step Process. We have our initial meeting, then I find out all about you, what is important to you, what you would love to do. Then, it a grinds to a halt. Why? Because I need to know how much does your […]

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What happened at Custom House Capital? Part 2

This is part two of out blog on what happened at Custom House Capital. Part 1 can be found here. Ponzi Scheme Mister Justice Gerard Hogan described Custom House Capital as “a sort of irish ponzi scheme”. Money was taken from clients accounts to pay fees, commissions, buy shares in Custom House Capital, pay French, […]

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