SHOULD I MATCH MY EMPLOYER’S PENSION CONTRIBUTION ? Q – My new employer will pay 5% into my defined contribution pension if I match it. I am only 26 – do I have to agree to this or can I put it off until I am at least in my thirties ? Mary – Limerick A – There are...
PENSION LEVY QUERY Q. I am one of the original “victims” of Mr. Noonan’s private pension levy in the 2011 budget. In my particular case, the trustees of my scheme decided that our fund wasn’t strong enough to pay the levy directly. The consequence of this...
HOLIDAYS FOR THE SELF-EMPLOYED ? Q. I am self-employed and have had a contract with the same company for the last three years. This is my sole source of income. I get two weeks paid leave under these contracts – which are annual. I understand that employees are...
REDUNDANCY TAX REFUND ? Q. I recently lost my job. I understand I may be entitled to a tax refund – how do I go about getting one? A. Sorry to hear this. For PAYE workers your tax liability is spread out evenly over the year. To ensure that this is achieved, your tax...
SAVING FOR YOUR CHILDREN Q – We have two girls aged 7 and 5. We have not made any provision for their education though they will both be going to a non fee paying local secondary school. But already the extramural activity costs are mounting up and we need to motivate...
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
