Please Read: Important Information for All Motor Trade & Motor Fleet Policyholders The Motor Insurers’ Bureau of Ireland (MIBI), Insurance Ireland and Irish based insurers have worked together to create a central insurance database, which is known as the “Irish Motor Insurance Database” (IMID). This central database is designed to help identify the insurance Read more…
Under a pension scheme for a Company Director, all the usual pension tax advantages would apply: Director can make personal contributions and receive income tax relief at their usual rate All investment growth is applied tax-free At retirement entitled to a tax-free lump sum of at least 25% of the total fund value Company Read more…
If you have been recently made redundant and have questions about what happens to your pension, contact one of Sheridan Insurances’ expert Financial Advisors today. Depending on the type of pension you have there will be a number of options available to you. One of our recent cases involved a client, Sam*, who had been Read more…
Over the years, Ireland and the UK have a strong history of people moving between our two countries for work and also for retirement. If you have a pension from your time in the UK, our expert Financial Advisors here at Gallagher would be happy to discuss your options regarding moving your pension to Ireland. Read more…
Remember that pension you were paying into in your former employment? Do you ever wonder what happened to it? Chances are it’s still with that old employer, it’s still invested in the same funds and you’re probably still paying charges on it. But, did you know that you can move this company pension from your Read more…
Unlike your car insurance or home insurance, policies in the financial services sector such as life insurance, pensions, income protection, are generally set up on a long-term basis, often for 20 or 30 year terms. Because of this, it is important that you meet with your Financial Advisor at least once a year to make Read more…
Tax Return Deadline is fast approaching!! As you know, if you’re self-employed you must pay your 2018 income tax liability by 31st October, or 12th November if using Revenue Online Service (ROS ). What you might not realise is that there is income tax relief available on pension contributions. This means that if you make Read more…
Company directors have a unique advantage when it comes to funding for retirement. Rather than being restricted to the usual contribution limits applicable to the self-employed and PAYE workers, company directors benefit from the ability to divert company profits to a private retirement fund. Using company funds to invest in a pension is often the Read more…