› Credit Cards

By: Advisors  05/12/2011

CREDIT cards can be a godsend and a curse. I have a friend who doesn’t have one, so I used to wonder how he booked flights or bought anything online. Recently I discovered his secret — he just lets his wife put it all on her credit card, clever man.

Other products and services from Advisors

05/12/2011 › ACCA

If you’d rather have a person who can look at your business, do you books, finalize figures and perform an audit where necessary then we are likely the solution for you. Do you want a person who can merely do up your books and has the credentials to stand over the final figures.

05/12/2011 › Accountancy

The normal cut off date for tax returns is the 31st of October unless you do the return electronically via Revenue Online Service in which case it is today. If you get the surcharge it means your rate of tax effectively rises by 10% (not absolute, but relative ie: 20% goes to 22%, 41% goes to 45%. This means that anybody who has non-PAYE income to declare for 2010 still has a little time left to make the return on time.

05/12/2011 › Accountant

At the same time, there has been huge political pressure via politicians and the Central Bank, via the thrice reworked Code of Conduct on Mortgage Arrears to ensure that we don’t allow people to get their homes repossessed as long as they engage’ with the lender.

05/12/2011 › In the Press

This contrasts with the massive funding issues the banks are having, but it is still important to see that a guaranteed 4% plus return is possible and on that basis locking away some cash is a good idea. It is likely the case that deposit rates will start to go into a downward move as the ECB drops its odds of raising rates and as banks seek to find margin (which they can do via lower deposits).

05/12/2011 › Banking

In answer, let me quote Irish economist Karl Deeter, who recently said: “I think debt forgiveness is generally a terrible idea, and have only become an advocate as I watched a system evolve whereby investors have been insulated from taking loss at the expense of largely innocent bystanders [taxpayers]. In chasing the crisis down this rabbit hole we have perhaps avoided creating zombie banks, but we are creating zombie households in their wake..