How these business owners plan to have €50,000 income each year for the rest of their lives. Sean (age 48) and Mary (age 48) are married. They have 2 children, and they own their company 50/50. They have both worked in their company for the last 15 years. Their...
Have You Got A Self-Administered Pension with Cash on Deposit? Most Business Owners with Self-Administered Pensions set them up originally to purchase property in their Pension. These Property based Pensions have done quite well over the past decade but are now facing...
How this Business Owner pays ZERO TAX on profits in his company Usually there is 12.5% tax payable on profits in your company. See how this business owner pays 0% tax in their company. CASE STUDY Larry, age 51, and his wife Mary, age 49, own a company and they each...
Extracting Cash from Your Company TAX FREE Scenario 1 Sean and his wife Mary have managed their own company for the last 12 years. They both work in the business full time on a salary of €50k each, they own the company on a 50/50 basis and they are both age 51. They...
Why You Should Have a Personal Retirement Bond? A personal retirement bond, which is also called a PRB or a retirement bond, is a type of pension. You will normally set up a personal retirement bond in your own name in the following circumstances: You have a pension...
What are my options for my defined benefit pension from a previous employment? We are regularly asked for advice from people who have a defined benefit pension from a previous employment. When you leave a job where you are a member of a defined benefit pension scheme,...