In Episode 12 of the Ask About Wealth podcast, we confront a subject most prefer to avoid: planning for life’s certainties, including the inevitability of death. Paul delves into the often-overlooked complexities surrounding retirement funds, inheritance, and succession planning. Joined once again by Aidan McLoughlin, CEO of ITC and author of Pensions, Revenue, Law and Practice, they explore the critical need for proactive estate and pension planning. This episode unpacks: The tax...

In this episode of the Ask About Wealth podcast, we dive into one of the largest financial decisions most people make, buying a home. Paul is joined by industry expert Michael to explore how high-income earners in Ireland can maximise their opportunities in the property market. Whether you’re buying your first home, switching for better rates, or investing in property, this episode will equip you with the tools to make smarter financial decisions. We discuss: Is Property Still a Good...

With the 2025 budget fresh in everyone’s minds, we explore how new tax regulations impact high-income earners, including key adjustments to pension contributions and the increased standard fund threshold. We dive into how these changes could affect long-term wealth accumulation and offer insights for those navigating Ireland’s tax landscape. Key Highlights: Budget 2025 Recap: Unpacking the finance bill’s influence on pension contributions Myth-Busting Property Investment: Does property...

The Good, the Bad, and the Ugly of Ireland’s Latest Budget for High-Income Earners In this episode of Ask About Wealth, we dive deep into the details of Budget 2025, analyzing its real impact on Ireland’s high-income earners. From the slight tax reliefs to unexpected increases in stamp duty. Key Highlights: Discover why high-income earners will still pay the bulk of the nation’s tax, despite relief measures.Learn about changes in retirement fund legislation.Explore how increased stamp duty...

In this episode of Ask About Wealth, Paul Overy sits down with Simon Thompson, Certified Financial Planner and co-founder of Accumulus to explore how strategic financial planning can help you achieve financial freedom. Episode Highlights: Holistic Approach: Learn how financial planners focus on the client’s overall goals rather than pushing specific products, ensuring that all financial decisions align with the client’s long-term objectives.Fee Transparency: Understand the importance of...

In this episode of Ask About Wealth, we're joined by Aidan McLoughlin to explore innovative pension solutions that could help you maximise your retirement savings. Discover how relocating your pension to Malta can unlock significant financial benefits, reduce tax burdens, and provide greater flexibility than traditional Irish pension schemes. Key Benefits for Listeners: Understand Pension Structures: Learn the differences between various pension types, including state, occupational, and...

In this episode of Ask About Wealth, we discuss a powerful strategy for company owners to extract funds from their business without paying tax, focusing on the benefits of Executive Retirement Funds. If you're a business owner or aspiring to own a limited company, this episode offers crucial insights into how to legally transfer money into your personal wealth with minimal tax implications. Key Benefits for Listeners: Maximize Wealth Accumulation: Learn how to move significant funds from...

In this episode of Ask About Wealth, Paul Overy dives into the different business structures available in Ireland, with a focus on helping current and aspiring business owners make informed decisions. Whether you're a sole trader, part of a partnership, or considering setting up a limited company, understanding the implications of each structure on your wealth and liability is crucial. Key Benefits for Listeners: Risk and Liability: Learn why sole traderships put all your personal assets at...

How to make smarter financial decisions in the face of inflation. By the end of this episode, you'll have a clearer understanding of how to protect and grow your wealth in an inflationary environment. Episode Highlights: Inflation’s Erosion of Wealth: Explore how a 3% annual inflation rate can erode up to 45% of your wealth over 20 years.Investment Insights: Learn why stock markets typically outperform inflation while cash deposits do not.Salary and Inflation: Understand how inflation...

In this episode of Ask About Wealth, we explore how you can legally minimise your tax burden and keep more of your hard-earned wealth. While taxation may seem inevitable, Paul reveals why it's a modern concept and how you can navigate it to your advantage. Key Benefits for Listeners: Tax Rights: Learn your right to pay as little tax as legally possible and how to exercise it.Case Studies: Discover real-life examples, like a Monaghan egg farmer’s experience with tax planning gone...

In this episode of Ask About Wealth, we delve deep into the intricacies of inheritance tax in Ireland. Whether you're in line to receive a substantial inheritance or planning to leave a legacy for your children, this episode is packed with essential insights that can help you minimise your tax liabilities and maximise the wealth passed on to the next generation. Understand Inheritance Tax Thresholds: Learn about the current tax-free thresholds and the 33% tax rate on amounts above...

With 40 years of experience at the top of the financial industry in Ireland, Paul pulls back the curtain to provide you with the information you need to succeed. In this episode we delve into the 4 big issues that make the Irish financial landscape so difficult for high income earners in Ireland and how we can best overcome each of them to build long term wealth. Problems such as a unique in-build bias (product selling), isolated advice, overpaying tax and lack of a financial plan. 🇮🇪 Helping...