If you are self-employed and unlucky enough to have an accident or illness that prevents you from working to earn a living, how are you going to continue to pay your living expenses such as mortgage, car loan, utilities, insurance and daily living expenses if you are disabled for months or even years? The solution is Income Protection Insurance. …
Austerity measures introduced some years ago are still around today, and will be for some time. These measures were designed to increase the tax take on income or growth from assets held by an individual. Some examples of the increased tax treatment are summarised below: Asset Type Tax Year 2007 Year 2017 Interest on Deposits DIRT 20% 39% Capital Gains …
A very good short documentary on the funding problems in pensions today because of ageing demographics and lower than originally expected investment returns available in the market. Some good examples of how some public and private pension schemes are now evolving to address these challenges.
TAX FACTS 2017 Listed below are summary notes on taxes, which you may find helpful as a reference point. This information was prepared in December 2016 for the 2017 Tax Year. If you are interested in exploring what changes could be made to improve the tax situation for you or your dependants, please contact us today for an initial financial …
SOMETIMES, THE BEST REACTION IS NO ACTION AT ALL. To help understand this, consider a soccer analogy. During a penalty kick, a soccer goalie must make a split-second decision to stay put in the centre of the goal, jump left, or jump right. Behavioural economist Ofer Azar collected data on more than 300 goalies and discovered that goalies who jumped …
There will be a steady stream of opinions from pundits and prognosticators about how the election will impact the stock market. As we explain below, investors would be well-served to avoid the temptation to make significant changes to a long-term investment plan based upon these sorts of predictions. Efficient Financial provides a bespoke investment solution for our clients by …
Efficient Financial Budget Update 2017
In September 2016 Aviva published a report called – Mind the Gap – Quantifying the Pension Savings Gap in Ireland. Our problem is a change in demographics with an ageing population with a longer life expectancy coupled with a pension coverage in the population in 2016 of only 46.7% and lower investment returns than previous decades. Other countries have similar …
Brexit – John Traynor’s Advice to Investors Brexit – What does Vanguard think Brexit to 29June2016
Tax Notes 2016 V3
