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Book a 1:1 Consultation & Financial Plan With Paul
https://askaboutwealth.ie/consultancy
In this episode, we provide a checklist of actions business owners and individuals can take before December 31, 2025, to maximise tax benefits. Key topics include clearing out company profits, utilising tax credits and allowances, maximising contributions to retirement schemes, and understanding the implications of capital gains tax and EIIS investments.
Learn practical tips for leveraging pension contributions, tax-efficient bonuses, subsistence allowances, and tax loss harvesting. This guide offers valuable insights to help you minimise tax liabilities and optimise financial planning for the future.
00:00 Introduction: Maximising Your Tax Benefits
00:26 Clearing Out Your Profit: Why and How
05:23 Utilising Small Benefit Exemptions (SBE)
08:13 The Power of Pensions
13:51 Understanding Subsistence Allowances
19:02 Capital Gains Tax: What You Need to Know
23:50 Employment Investment Incentive Schemes (EIIS)
26:42 Conclusion: Effective Tax Planning
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Book a 1:1 Consultation & Financial Plan With Paul
https://askaboutwealth.ie/consultancy
Get Unbiased Property Guidance and a Free Mortgage Consultation
https://linktr.ee/ask.about.property
This week, we're joined once again by Aidan McLoughlin, Group Managing Director of ITC, to discuss the upcoming changes to pensions in Ireland and to help you better navigate these Changes.
We discuss the significant recent change announced on August 15, which restricts transfers out of pension schemes post-normal retirement age (NRA), leading to lost benefits for members unaware of the change. Aidan also sheds light on the importance of seeking independent financial guidance to maximise pension benefits. This episode is a must-watch for anyone looking to optimise their pension schemes and stay informed about market changes.
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Book a 1:1 Consultation & Financial Plan With Paul
https://askaboutwealth.ie/consultancy
Get Unbiased Property Guidance and a Free Mortgage Consultation
https://linktr.ee/ask.about.property
You can contact Jacquelyn and learn more about The Journey here:
https://thejourney.ie/
In this episode, we are delighted to welcome Jacquelyn Dunne, solicitor at Dunne Solicitors and the creator of The Journey. Join us as we discuss the importance of having a will, explain who inherits what under intestacy laws, and the consequences of not having proper succession planning in place.
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Book a 1:1 Consultation & Financial Plan With Paul
https://linktr.ee/askaboutwealth
Get Unbiased Property Guidance and a Free Consultation
https://linktr.ee/ask.about.property
You can learn more about Gavin here:
https://gavinjgallagher.com/
In this episode of the Ask About Wealth Podcast, we welcome back Gavin J Gallagher, a seasoned property investor, coach, and mentor, as well as the presenter of the Behind the Facade podcast. We discuss significant changes coming to the property market, including the impact of the nationwide Rent Pressure Zone system, challenges for landlords, and upcoming regulations affecting property investments.
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Book Your 1:1 Consultation & Financial Plan
https://linktr.ee/askaboutwealth
Get Unbiased Expert Property Guidance
https://linktr.ee/ask.about.property
You can learn more about Michael and the F.I.R.E. movement here
https://www.firepodcast.ie/
In this episode of the Ask About Wealth Podcast, we welcome Michael Houghton, a prominent figure in the FIRE (Financial Independence Retire Early) movement.
Michael shares his personal journey to becoming financially independent through strategic saving and investing. He talks about initial struggles, learning about financial independence, avoiding lifestyle inflation, and the role of property investments. Michael also discusses the importance of financial education, the pitfalls of bad advice, and how to balance work, life, and financial goals.
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Book Your 1:1 Consultation & Financial Plan
https://linktr.ee/askaboutwealth
Get Unbiased Expert Property Guidance
https://www.askaboutproperty.ie/
Understanding the Employment Investment Incentive Scheme (EIIS)
In this episode of the Ask About Wealth podcast we discuss the Employment Investment Incentive Scheme (EIIS). We delve into what EIIS tax breaks entail, the varying rates of tax relief, and the intricacies of investing in EIIS funds.
This episode provides essential insights for investors looking to make informed decisions about EIIS investments and understand the broader implications of such schemes.
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Book Your 1:1 Consultation & Financial Plan
https://linktr.ee/askaboutwealth
Get Unbiased Expert Property Guidance
https://www.askaboutproperty.ie/
In this episode of the Ask About Wealth Podcast, we dive into the 2026 budget with a focus on high earners and business owners. Key topics include income tax, changes to entrepreneurial relief, updates on research and development allowances, deemed disposal rates, and benefits of electric vehicles (EVs).
We also discuss the impact of VAT rate changes on the hospitality sector. Learn how these aspects of the budget will affect your financial planning and wealth accumulation. Stay informed and discover legitimate ways to reduce your tax liabilities!
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In this episode, we delve into the 3 worst historical budget decisions and the 3 best, we also look at current opportunities that came out of past budgets are still available. Discover how these decisions have shaped the economy and what lessons they provide for future budget considerations.
00:00 Introduction to the Irish Budget
00:26 Historical Budget Highlights
00:39 Top Three Budget Rules and Regulations
03:02 Impact of Tax Incentives on Property Development
05:55 Special Savings Investment Accounts
08:05 The Worst Budget Decisions
14:47 Current Tax Concessions and Future Planning
16:11 Conclusion and Upcoming Content
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🇮🇪 Ask About Wealth helps high-earners in Ireland keep & grow wealth
📱 Book a 1-1 consult & financial plan
🔑 Join the Masterclass
✉️ Join the newsletter
https://linktr.ee/askaboutwealth
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Navigating Ireland's Most Unfair Tax: 9 Strategies to Minimise Inheritance and Gift Tax
In this episode of the Ask About Wealth podcast, we delve into the complexities of Ireland's inheritance and gift tax, detailing its history, current rates, and thresholds. We explain why this tax is considered unfair and higher than ever, largely due to thresholds that haven't kept pace with inflation.
Moreover, we highlight nine legitimate methods to avoid or minimise this tax, including key reliefs such as Dwelling House Relief, Agricultural Relief, and Business Assets Relief. Additionally, we cover Section 72 insurance policies to manage tax liabilities efficiently. Tune in to learn how effective financial planning can significantly reduce your tax burden.
🇮🇪 Ask About Wealth helps high-earners in Ireland keep & grow wealth
📱 Book a 1-1 consult & financial plan
🔑 Join the Masterclass
✉️ Join the newsletter
🎙️ Listen to the pod
https://linktr.ee/askaboutwealth
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In this episode, we explore the essential steps for high earners in Ireland to transform their income into lasting wealth.
This comprehensive guide is aimed at helping you achieve the best financial outcome for your unique circumstances, with practical insight and strategies tailored for high earners.
🇮🇪 Ask About Wealth helps high-earners in Ireland keep & grow wealth
📱 Book a 1-1 consult & financial plan
🔑 Join the Masterclass
✉️ Join the newsletter
🎙️ Listen to the pod
https://linktr.ee/askaboutwealth
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