Posts By:

Budget

Budget 2020 – 8th October 2019 As expected, this Budget was light on tax measures and once again focused on other ‘incentivised’ schemes. The overriding backdrop to this Budget was ‘Brexit’. Add to the mix a looming General Election in the new year and you have a Budget that has attempted to appeal to as many groups as possible. Brexit, and the uncertainty surrounding it has...

Read more »




Budget 2017

Budget 2017 11 October 2016 This year's Budget was well documented in advance as being one for this Government to give back to the people in terms of tax reductions and to implement a positive capital expenditure plan. The referendum result in the UK with regard to ‘Brexit’ has hindered this budget somewhat, but overall it is following with the Government’s plan to...

Read more »




How safe is your state pension? Five ways the state pension may be cut.

Source: Irish Times With the number of over-65s in Ireland projected to increase from 570,000 to 855,000 in the coming decade, the pension time bomb is ticking The problem facing countries all around the world is how will they continue to pay for pension benefits at a time when the population is living longer than ever before. It is a time bomb that has yet to detonate, but all the...

Read more »




Four ways the self-employed are disadvantaged by the Irish Tax system

It is an issue that has been raised repeatedly in recent months, first ahead of last October’s budget and more recently in advance of the general election. It’s the tax burden carried by the self-employed, compared with their counterparts who work in the PAYE sector. Given that about 17.4 per cent of the Irish workforce is self-employed, according to OECD figures for 2014, just ahead of the...

Read more »




Pension black hole surges by €2bn at top companies

The combined pension deficits at the State's largest private and public companies have surged by €2bn. AIB and Bank of Ireland had the highest deficits at around €1bn each, according to the research by pension consultants LCP Ireland. Falling bond yields last year had a dramatic impact on corporate balance sheets. This was despite the positive investment performance of global equity...

Read more »




Important portfolio reminders

3 key portfolio reminders Source: Paul Resnik on Morningstar.com.au 09/09/2015 The current market conditions could be the start of another correction, according to some prominent commentators, with the bull market overdue for a taming. By the time the bad headlines are "top of the news" it's typically too late to take effective action. What we've learned since we launched FinaMetrica in...

Read more »




Media hysteria about stock market corrections misplaced

Fear sells newspapers but investors should not pay attention to the apocalyptic headlines Source: Irish Times 08/09/2015 Large sections of the media tend to get a little hysterical during stock market corrections, adopting a “pack up the kids” tone that aims to scare the bejaysus out of its readers. The latest bout of market turbulence, alas, has been no different, producing headlines such...

Read more »




Irish pension savings reach record high

Source: Irish Times 05/08/2015 Irish pension funds rose to a record high of €107.8 billion in 2014, as a combination of increased contributions and good market returns saw pension savings grow by 18 per cent. However, in launching its annual survey Jerry Moriarty, CEO of the IAPF, warned that while pension funds have risen, the liabilities facing pension savers are rising at a faster pace,...

Read more »




Ireland leads Europe again in economic growth!

Irish economy grows strongly as it looks to lead EU again Source: Reuters 30/07/2015 Ireland's economy grew by 1.4 % quarter-on-quarter in the first three months of the year, in a recovery that is forecast to make it the fastest-growing economy in Europe for the second year running in 2015. Ireland's economy expanded by 5.2 percent last year, revised up on Thursday from 4.8 percent...

Read more »




Ireland Vs UK Tax Take is Startling!

Ireland Vs UK Tax Take is Startling! Source: Dublin Chamber of Commerce According to recent research published by the Dublin Chamber of Commerce, Ireland has a far more penalising tax regime for business owners and employees than in the UK. More and more firms are seeking to relocate away from Ireland into Britain and it is getting more and more difficult for Irish based firms to attract...

Read more »