Kicking the can down the road or putting important to do items on the long finger are a big part of the financial problems people run in to when those problems come knocking. Some definitions of both are. To avoid or delay dealing with a problem. To postpone dealing with something in the hope […]
If you are reading this blog in the hope of learning how to get rich quick, I am afraid you are going to be disappointed. Get rich quick schemes are exactly that schemes were the probability that you are going to lose all of your money is extremely high. You only have to look at […]
Saving money is essential when planning for your future. Having a financially comfortable life should be enough to convince you to turn saving into a habit. But there is even more to it. Living paycheck to paycheck is stressful and leaves us feeling we are getting nowhere. There are months in which you will spend […]
We all hate giving money to the taxman. Part and parcel of living in Ireland. Income tax , USC, PRSI, DIRT tax, CGT, CAT…the list goes on and on . Below you can find some tips on how to reduce your tax liability for 2019. Lots of tax credits and reliefs go unclaimed every year. […]
Self Employed Tax Savings from Bryan Harvey on Vimeo.
Wealth measures the value of assets owned by a person and is determined by taking the market value of all assets (both physical and intangible) less all debts. You often hear the saying your health is your wealth because without your health you cannot live therefore it is an extremely valuable asset. Today I am […]
A good way for limited companies owners/directors to minimise their tax exposure is by setting up an executive pension. Any pension contributions to an executive pension can be treated as a business expense in order to minimise any corporation tax the company may have to pay. How much corporation tax can a company save? Please […]
The government published its roadmap for pension reform this past February. The system of which the government provides for pension income in retirement needs to be overhauled mainly because people are living longer and are going to be depending on a pension for a longer period of time than previous generations. Also because there are […]