Our Latest Blogs
What is a directors executive pension?
A Director's pension lets you set aside some of that profit into a special savings account for your retirement. The money in this account grows over time, just like other retirement savings. The key difference is that the company contributes the money, not you directly.
Keyperson insurance FAQ’s
Imagine your company as a team. Everyone plays a valuable role, but some teammates, like star players, are extra crucial. Key Person Insurance is like taking out an insurance policy on those star players.
Will you or your loved ones be hit with an inheritance tax bill in future?
There needs to be a better understanding of inheritance tax! Many people think only the super-rich get hit with it, but that's not always true. Even families with average-sized houses and decent pensions in Ireland can face this tax, leaving them with a surprise bill.
Director’s pension for business owners: The Advantages Of Having One
Instead of you paying for it with your salary, the company contributes a portion of its profits to your retirement nest egg. This can be a tax-friendly way for the company to reward you while potentially reducing its corporation tax bill (within legal limits).
Introduction to Income Protection
Here's the thing: we at Citywide Financial see lots of people getting mortgage protection and family protection plans, which is fantastic! But here's the secret: income protection is the cornerstone of financial planning and often needs to be addressed.