As the end of year tax returns and some company year ends approach the following are a couple of points to consider re pensions Budget 2015 – the pension levy is being withdrawn at the end of 2015 The state contributory pension is currently 230.30 p/w. Add a dependent’s pension (over age 66) and the …
With the recent turbulence in the stock markets below is a view from Quilter Cheviot which sums up last week’s events in China and also addresses why we are still positive about equities A bear in a China shop? Global stock markets fell sharply last week on concerns about the robustness of the Chinese economy. …
Finance Bill 2013 Early Access to AVCs The Finance Bill confirms that people with AVCs and PRSA AVCs can withdraw up to 30% of their accumulated value. Any amounts withdrawn will be subject to tax at the individual’s marginal rate, but not USC or PRSI (subject to a change in the next Social Welfare …
With the recent changes to pensions in both the Budget and Finance Bill we recommend making pension contributions for the following reasons: What will the state pension be in the future? Demographic changes will put pressure on Government Finances in the areas of health care and pensions. Currently there are 6 adults working for …