State Pension Contributory There are two different State Pensions systems, namely the Social Insurance system and the Social Assistance system. The Social Insurance system provides pension benefits based on an individuals PRSI record over their lifetime whereas the Social Assistance system provides means tested pension benefit’s. In this article...
Financial Planning for Divorce – Five Areas to Consider: 1. Capital Acquisitions Tax in Divorce Transfer of assets between spouses whether by way of gift of inheritance are exempt from Capital Acquisitions Tax (CAT). Separation does not affect this exemption but divorce does. Ensure assets are transferred before the...
What is Capital Acquisitions Tax? CAT is a tax you pay when you receive a gift or an inheritance. CAT comprises two separate taxes – a Gift Tax payable on lifetime gifts and an Inheritance Tax payable on inheritances received on death. It is the person receiving the gift...
Introduction The Minister for Finance, Michael Noonan, and the Minister for Public Expenditure and Reform, Paschal Donohoe, have delivered Budget 2017, the first budget under the minority Government. The measures announced include a reduction in the three lowest rates of the USC, increasing the Capital Acquisitions Tax thresholds, a...
Global Life & Finance Ltd is regulated by the Central Bank of Ireland.
Global Life & Finance Limited – Reg in Ireland No. 323964
Reg. Office: Brook House, Unit C4, Donnybrook Commercial Centre, Douglas,
