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 Christmas. It’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. ”
“1.2.3”, “Chill”, “hello” where to turn?”
I often watch the adverts on TV and wonder why when my son sings the Jingle “12,3.ie just log on and save money”. And the little boy telling us we can save up to €400 per year on our mortgage protection insurance, my wife, who likes to shop online, is not running to the laptop.
Income protection policy
Tax relief is applicable when you effect an income protection policy (policy taken out in case of an accident, illness etc). The tax relief is available at your marginal rate of tax of 20%/40%.
We recommend if you are a contractor/ permanent employee & pay your health insurance yourself, you can benefit from tax relief at a rate of 20% on the cost of the premium – reducing your net cost.
Live each day like you have a significantly better health insurance plan.
While private health insurance can be a big help if you want to be treated privately and quickly, but even this is no guarantee that you won’t be hit with a scary hospital bill. You should shop around and find the best plan.
One major issue with health insurance providers is that once you interact with them, they’ll tell you all about their fantastic plans suited to you. It doesn’t sound that bad, but you need to be certain about the cover you need.