Tag Archives: national recovery plan

R.I.P. in Ireland

Ireland may already have 40,000 mortgages in arrears, but when ECB finally rises there will be carnage. Large numbers of residential investment property (R.I.P.) mortgageholders will all be in trouble at the same time resulting in a further property slump in Ireland. This crisis will of course “surprise” us. Continue reading

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Pension Opportunity in Ireland

The National Recovery Plan, 2011 – 2014, proposes the abolition of pension relief for employee PRSI and Health Levy contributions from 2011. Furthermore top rate income tax relief on pension contributions will fall from 41% in 2010 to 34% in 2012, 27% in 2013 and 20% in 2014. This means there is a great opportunity for people with money sitting on deposit to benefit greatly by making a pension contribution for 2010.
Good Financial Housekeeping – Making cents! Continue reading

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