Plan that Inheritance!

Changes in taxation often go under the radar and the impact goes unnoticed. In this article we wish to highlight the financial considerations when transferring assets, either by Gift or Inheritance.   Most people will be aware that there is a tax free threshold, whereby the amount transferred will not be subject to gift tax or inheritance tax. This threshold …

Are you paying too much tax?

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 …