Christmas Bonus 2017 – Welfare and Pensions

As announced in Budget 2018 – A 2017 Christmas Bonus will be paid out again this year to eligible welfare and state pension recipients. The 2017 bonus of 85% will be paid to the majority of people along with their normal weekly payments during the week beginning November 27th, 2017.

Those people doing part-time work and getting Jobseekers Allowance will usually get any Christmas Bonus in the following week (commencing 4th Dec.)

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Should Individuals Invest in Bitcoin? In a Word, No.

We recommend as financial advisers say that despite the temptation, the market and regulatory risks are too great. It’s a question that financial advisers increasingly hear these days. With bitcoin up more than fourfold this year and a series of high-profile “initial coin offerings” raising more than €1.7 billion in total. There are a number of investors interested in digital currencies has been picking up.

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Saving tips this Christmas

Is it too early to mention the C word? That’s right guys, like it or not, the time has come for you to start thinking about ChristmasIt’s an expensive time of year but hopefully, we can help you get more bang for your buck after reading this blog.  One iconic quote that really resonates with me about Christmas, is from George Best who said ” I spent a lot of money on booze, birds and fast cars. The rest I just squandered. ”

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The Ups and Downs of my Career

Having graduated with a Degree in Economics from the London School of Economics, I began my Career in 1995 as an Investment Banker. Twenty two and full of confidence, I found that Investment Banking was a great platform to make a lot of money!  I was moving hundreds of Millions of Pounds/Deutschmarks & Lira between banks which thinking back was a huge responsibility for a 22 year old !! Having worked in some of the biggest Global Banks, I found after 5 years. it was not something I could envisage myself staying long-term and lost the desire to continue.

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Tricks to save big on Black Friday

The biggest shopping day before Christmas is fast approaching so you need to be prepared if you want to get the best bargains. Black Friday falls on November 24 this year.

Forget getting up at dawn, or even skipping work this year, the deals are just as good online. The first piece of advice I can give you is to not overstretch yourself financially, just because you think something is a good deal. Disappointment with the small size of giveaways in the Budget has left consumers feeling underwhelmed. This prompted a drop in consumer sentiment last month, new figures show. Consumers are cautious about their household finances but are ready to splurge at this time of year, so we have decided to give you some useful tips to follow on Black Friday.

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Taxing times – how to reduce the tax you pay without using a pension

Are you sick of seeing adverts from the life assurance companies about pensions and wondering is there anything else I can do?  Whilst there are very few tax saving schemes available in Ireland, especially for PAYE workers, there are ways we can reduce our tax bill NOT using a pension.  The main scheme which is an alternative or compliment to pensions and is not commonly known amongst the general public is called the Employment Investment Incentive Scheme (EIIS for short).  It is really the only other game in town for higher Tax rate payers (those earning over the new standard rate threshold of €35k per annum, or if they are married and taking their spouses allowances €45k per year).  It is an investment Irish individuals make into an Irish company.

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