Tax is a necessary evil. If we want to live in a country with access to public services, taxation is the system used to pay for these services. We can (and do!) argue and moan about the different levels of tax payable and whether they are levied fairly. But at the end of the day, the [...]
McGeough Financial are again delighted to sponsor this years Glashedy Winter League 2020-2021 at Ballyliffin Golf Club, Inishowen, Co. Donegal. We would like to wish everyone every success. It takes part from 11th October 2020 right through until 10th Mar 2021. I am pictured here with Mr. Conor Kelly, Captain of the League. It really is [...]
It’s hard to believe but once upon a time a 1year Fixed Term Deposit Account would earn over 10% interest. Fast forward to 2020 and some deposit accounts now charge a fee for the pleasure of holding your cash........! Whether its through personal current or fixed term deposit accounts, business bank accounts, self-administered or other pension [...]
Covid-19 is still here, still very real and it would appear we really need to refocus our efforts if we want to avoid seeing things getting out of control again. However, many businesses have experienced an unusually busy summer period and many companies are going to make significant profits in this financial year. For company Directors [...]
Today Wednesday 16th Sept is #LoveDonegal day! Let’s get #LoveDonegal trending worldwide on all our social media channels. Share your favourite photo of #Donegal and use Hashtag #LoveDonegal.
Are you a pension trustee but aren’t certain you are complying with your obligations? Or perhaps in your capacity as a Company Director you are a pension trustee and aren’t even aware of the fact or of the obligations that come with this position. In Ireland many small to medium sized companies set up occupational pension [...]
Pensions are often seen as being complicated structures and we have come across many misconceptions surrounding pensions over the years. Probably one of the most important things to remember is that if you have contributed to a pension or if an employer has contributed to a pension on your behalf, the proceeds are there for your [...]
2020 has been a challenging year thus far and many more challenges lie ahead but it has also allowed us time to reflect on what we are doing and how we are doing it. A major challenge for Company Directors is turning company profits into personal wealth. Hard work, business acumen and a little luck along [...]
Do you own your own business either individually or with other partners or co-directors? Do you have a clear and concise plan as to what would happen if one of you died or suffered from a serious illness? Running your own business is a great challenge at the best of times and times like we are [...]
During your Staycation this summer, don't forget to put #Donegal#Inishowen on your list of places to visit! #GreatFood #GreatPeople#Greatviews