Alan Mahon

In yesterday’s Sunday Business Post, Colm Power, CFA, Director of Financial Planning at Davy, discusses how the series of changes to pension structures passed in the 2024 Finance Act will create new challenges for business owners. Master trusts are emerging as an important alternative as they allow for irregular, larger contributions, accommodating the variable cashflows that business owners often experience. To find out more about how Davy can work with you to develop a plan aligned with your retirement ambition, visit https://lnkd.in/euxWjGxF #MasterTrust #Pensions #RetirementPlanning #FinanceAct2024

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Private equity firm Renatus's Q1 M&A Report points to "Ireland remaining an attractive location for international acquirers, especially for UK-based entities" with Financial Services retaining the top sector for acquisitions. Download the full report here: https://lnkd.in/ezajbzFs #MandA #mergers #acquisitions #financialservices #economy #ireland #business #recruitment #lincolnrecruitmentspecialists

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🎙️ New Episode: Behind The Facade Podcast This week, host Gavin J Gallagher returns with Part 2 of his HMO Investment Strategy series, aimed at helping Irish investors navigate the home market. In this episode, Gavin covers: -The key benefits of HMO investing -Strategies to maximize your returns in the Irish property market -Why HMOs are a popular choice for investors looking for sustainable growth Whether you're new to the strategy or an experienced investor, this episode offers practical tips and insights to help you thrive in the property sector. Tune in now👉 https://lnkd.in/eXB4yTXn #iPropertyradio #HMOInvesting #BehindTheFacade #PropertyInvestment #IrishRealEstate #RealEstatePodcast #PropertyStrategy #InvestmentTips

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REMINDER: Income Tax Deadline Fast Approaching To review further details, click on our #Bio or Link below. 👍 🔗 https://lnkd.in/egTJx-eN ☎️ 045 533100 💻 [email protected] 📍 9 - 10 Academy Street, Kildare Town, Co. Kildare R51 NW42 #incometax #directors #annualreturns #taxreturn #annualtaxreturn

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“A shortage of skilled professionals continues to be a top concern for CFOs,” noted Danny Gaffney, partner, Consulting, Deloitte Ireland Irish CFOs optimistic despite geopolitical risks - 29% of Irish CFOs believe this is a good time to take greater risk onto their company’s balance sheet, according to Deloitte Ireland's latest CFO survey #irish #business #cfo #finance #risk #skills #esg https://lnkd.in/ekMie9Z9

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When applying for loans or other forms of financing, having professionally prepared financial statements and projections is often a requirement. Accountants can prepare these documents to the highest standard, increasing the likelihood of approval. They can also advise on the best types of financing according to the business’s needs and financial health.

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Ahead of the next general election, Chartered Accountants Ireland is campaigning to ensure the next Government recognises and supports the critical role SMEs play in Ireland's economy. We have engaged extensively with members in recent months listening to what they believe needs to be prioritised to make Ireland a better place to work and live. Our election manifesto 'Securing A Sustainable Economy' sets out the following key priorities: 👷‍♀️ Reduce labour costs for SMEs 📓 Think 'small first' when introducing new legislation 🈺 Simplify the tax regime to encourage enterprise 🚸 Make more childcare places available for working parents Until election day (whenever that day comes) our team will continue to work tirelessly to promote our members' priorities to politicians and policymakers alike. Stephen Lowry Gearóid O'Sullivan Leontia Doran Susan Rossney Barry Doyle Barry Dempsey Sinead Donovan Pamela McCreedy FCA Jill Farrelly MPRII Jeremy Twomey

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When applying for loans or other forms of financing, having professionally prepared financial statements and projections is often a requirement. Accountants can prepare these documents to the highest standard, increasing the likelihood of approval. They can also advise on the best types of financing according to the business’s needs and financial health.

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Lloyd Capital LLC Launches Two ETFs in Ireland Based on Solactive Indices - In First Engagement with Solactive Lloyd Capital LLC in cooperation with HANetf Launches Two ETFs in Ireland Based on Solactive Indices - https://lnkd.in/dexcap9w #etfworld #etf #Solactive

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Elkstones new Investment Management Service is here! The team are ready to build customised private markets strategies to enhance your portfolio. Reach out to the team to learn more. #privatemarkets #Elkstone #alternatives

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𝗨𝗣 𝗧𝗢 𝟱𝟬% 𝗧𝗔𝗫 𝗥𝗘𝗟𝗜𝗘𝗙 𝗪𝗜𝗧𝗛 𝗘𝗜𝗜𝗦 𝗜𝗡𝗩𝗘𝗦𝗧𝗠𝗘𝗡𝗧𝗦 On 1st November 2024, Quintas Capital will open The EIIS Innovation Fund to investors. This Fund supports the growth of Irish enterprises through the Employment Investment Incentive Scheme (EIIS) while offering investors significant tax relief of up to 50%. The slides below outline how the Fund works and the expected returns. We’ve also just released our EIIS Key Information Document, which is available for download on our website (link in the comments section) or by contacting us directly at [email protected]. In the coming weeks, we’ll be hosting a webinar where we’ll explain the EIIS Fund in detail and answer any questions you have. Further information will be released soon. 𝑲𝒆𝒚 𝑷𝒐𝒊𝒏𝒕𝒔: - Minimum investment per investor: €25,000 - Maximum investment per investor: €1,000,000 - Fund closes on 31st December 2024 Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Quintas Capital Regulated Limited is regulated by the Central Bank of Ireland. #EIIS #TaxRelief #InvestInIreland #QuintasCapital | Kevin Canning | Tim O'Callaghan | Brian Devine, CFA | Kim Ronayne | Kevin MacSweeny | Fawad Tariq-Khan | John Riordan | Gary Fox

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Our latest PRIME Funds Performance report provides a detailed breakdown of Q3 performance drivers and illustrates the continuing strong performance of the funds. Our commitment to enhance and improve our PRIME Funds range, to ensure it meets the changing needs of Irish investors, is as strong as ever. Following the 2024 PRIME Funds’ review, we are delighted to share details of the latest evolution of the range. Click on the report below to view in full. #Ad #FundPerformance #FinancialBrokers #FinancialAdvisors #InvestmentMarkets 

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📈🌍 Equip your business with effective strategies to mitigate currency risks. This article offers crucial insights for Irish SMEs engaged in international trade, detailing how to navigate foreign exchange volatility and protect profitability. Discover the power of focusing on robust financial practices that can shield your operations from unforeseen currency fluctuations, ensuring greater efficiency and sustainable success. https://lnkd.in/ekJssvDF

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⚠ ATTENTION BUSINESS OWNERS ⚠ The publication of the Finance Bill 2024 will bring a significant shift in the PRSA landscape in Ireland, in particular for company owners, in 2025. As things stand, there is no limit to how much a company owner can pay into a PRSA. As of 1st January 2025, it will be capped at 100% of their salary. In practical terms, you could have a company owner taking a salary of €40k from their business, but who is putting €100k into their PRSA in 2024. In 2025 and beyond, they will be capped at €40k. Any contributions above the 100% cap will be subject to BIK. This is a big shift, and I'd highly recommend that any company owner sitting on a healthy balance sheet should take financial advice very soon with a view to maximising the current PRSA position before it changes. DNG Financial Services James Kane MSc, CFP®Tom Flanagan BBS QFA CFP®Rebecca Harlow QFA Suzanne Kennedy QFA APA #financebill2024 #prsa #pension #retirementplanning #businessowners #companydirectors #dng #dngfs #dngfinancialservices

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SMP urges business owners to act now as unlimited pension funding comes under threat. The Irish Times reported on 19th May, 2024 that Revenue has expressed concerns to The Department of Finance regarding new pension rules that came into effect in January 2023 allowing unlimited funding of PRSA pension contracts. When it comes to extracting cash from your business, contributing to a pension is extremely efficient. The current unlimited funding regime for PRSA's provides a unique, and possibly time limited, opportunity to do this at scale. Key benefits * Companies can contribute an unlimited amount to a Company Director's PRSA Pensions allowing for money to be transfered from the Company's ownership to the Director without tax being paid. * On retirement, up to 25% of pension funds can be taken tax free. * Any income or growth generated within the pension are tax free. This can be maintained up to age 75. * Funds can be accessed from age 60 ordinarily or age 50 in certain circumstance. * The company can contribute to both an occupational pension and a PRSA for an employee so this scheme can be set up along side existing pension arrangements. Pensions are extremely efficient long term personal tax planning vehicles. Where larger sums are concerned they should be considered as much as a tax planning tool as one to provide retirement income. It is likely that if any change is made to the current regime it will be introduced in Budget '25. We are urging clients to consider their options now in order to lock in the advantages available under the current regime. Please contact me at [email protected] or direct dial 01 5840127 to discuss.

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Elkstone has launched our Investment Management Service. Through this service Elkstone will identify gaps in a clients portfolio, build a custom private market segment, where Irish investors are typically underweight, and manage that portion for them. According to Karl Rogers, Chief Investmemt Officer for Elkstone, "We see our portfolio sitting complementary to ones Irish investors currently have, either by themselves or with another provider." To learn more about our new investment management service and start building your alternatives portfolio, contact our team today. https://lnkd.in/eCGq2bVx #elkstone #alternativeinvestments #investmentmanagement #invest

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