October 2022

SWITCHING, BUYING, MOVING OR IMPROVING?

We Make Mortgages Simple!

  • RATES AS LOW AS 2% 

  • OR UP TO 4% BACK IN CASH

€180bn+ on deposit and interest rates at an all-time low for a sustained period!

TALK TO US TODAY IF YOU ARE CONCERNED ABOUT YOUR MONEY LOSING VALUE!

 

REVIEW YOUR EXISTING SAVINGS & INVESTMENTS

  • CHARGING STRUCTURE

  • FUND PERFORMANCE

  • ATTITUDE TO AND CAPACITY FOR INVESTMENT RISK ASSOCIATED WITH YOUR FUNDS

 

INHERITANCE TAX PLANNING

  • MAKE SURE THE NUMBERS ADD UP!

  • MAXIMUM AGE TO ISSUE A POLICY IS 75

 

Capital Acquisitions Tax 2022

Threshold*

Relationship

€335,000, Child, or, minor child of a deceased child.

€32,500, Brother, sister, child of a brother or sister, lineal ancestor or descendant.

€16,250, Other.

Tax Rate 33%

*All benefits received since 5/12/1991 taken into a/c for threshold.

Annual Gift Exemption €3,000

You can fund for the payment of this tax through a Section 72 insurance policy which is a revenue approved life insurance policy, proceeds of which are tax-free, if used to settle inheritance tax bill.

AVAIL OF AN INSTANT QUOTE OR COMPARE YOUR EXISTING POLICY TO SEE CAN BETTER TERMS AND PREMIUMS BE SOURCED

PENSIONS MADE SIMPLE WITH AN EXPERT

  • STARTING A PENSION

  • REVIEW YOUR EXISTING PENSIONS, SOURCING BETTER CHARGES & FUNDS

  • TRANSFER A PENSION INTO YOUR OWN NAME

  • TRANSFER PREVIOUS EMPLOYER PENSIONS INTO YOUR OWN NAME

  • MATURE YOUR PENSIONS

Visit us online at: www.quigley.ie

Email in confidence: info@quigley.ie

Appointment booking facility: www.quigleyfinancialbrokers.ie

 

Our Recommendation, you can earn circa. 5% per annum on a gross roll-up basis, income and gains are allowed to build up tax free until every 8th anniversary!                     

                                                     *Source; LIA Factsheet,

   September 2022.

Compound Interest Effect *

FUTURE VALUE OF €1,000 TODAY

Increasing at 5% pa

After 1 year     €1,050

After 2 years    €1,103

After 3 years    €1,158

After 4 years    €1,216

After 5 years    €1,276

After 10 years  €1,629

After 15 years  €2,079

After 20 years  €2,653

Inflation Effect *

REAL VALUE OF €1,000 TODAY

Inflation at 5% pa

1 year          €952

2 years         €907

3 years         €864 

4 years         €823

5 years         €784

10 years       €614

15 years       €481

20 years       €377