DIRT Archives - O’Leary Financial Planning

Maximizing Returns: The Benefits of Corporate Savings for Business Owners & the 25% Tax Option

In the dynamic landscape of business ownership, planning for the future is essential. One often-overlooked aspect of financial planning for business owners is corporate savings. Corporate savings represent a valuable tool for business owners seeking to enhance financial resilience, optimize tax efficiency, and secure long-term prosperity. Only withdrawals, surrenders, maturities, assignments, events every eight […]

Maximizing Returns: The Benefits of Corporate Savings for Business Owners & the 25% Tax Option Read More »

The Impact of Inflation on Your Savings & Investments

News / By Site Manager

Euro saved is a Euro earned! So the saying goes, but thanks to inflation the value of that Euro saved could be a lot less than when you earned it, over time. The obvious impact of inflation on your savings is that your purchasing power is eroding. This means that if you stash €100 under

The Impact of Inflation on Your Savings & Investments Read More »

Company Owners avoid the 20% surcharge on your reserves

News / By Site Manager

Irish companies which are “close” companies are liable to pay a 20% surcharge each year on any investment income (or deposit income) which is not distributed. A “close” company is a business controlled by 5 or fewer participators – i.e. a person who has an interest in the income or capital of a company. Does

Company Owners avoid the 20% surcharge on your reserves Read More »