Monthly Archives: February 2011

Site Value Tax: 10 points in favour of it

Of the main changes we could consider in the near future from a national taxation perspective, none holds the potential for positive outcomes to the same extent as Land Value Tax (LVT) or Site Value Tax (SVT). Below are several points looking at why this is the case:

Dear Revenue: Don’t Tread on Me

We regret not taking that case to court and we vowed not to let it happen again, we are no longer accepting what we believe to be bullying tactics used by the Revenue any longer, instead we will advise our clients to go to court and we will provide expert witness services for them where and when required. So it is with great joy that we got our first win today.

News of the World – writing on Mortgages

We were covering mortgages in this weeks Irish edition of News of the World, looking at the affects of changes in taxation and other aspects that could make the cost of a house rise even though the price may fall.

EBS to hike mortgage rates

The building society is unusual among lenders as 60pc of its mortgage holders are on variable rates, unlike other lenders where the majority have trackers, according to Karl Deeter of Irish Mortgage Brokers.

The Eleventh Hour, RTE 2, 9th February 2011

We were delighted to take part in The Eleventh Hour on RTE 2, a new current affairs programme that also has some refreshing comedy thrown in!

P35 Deadline coming on the 15th of February 2011

P35 Deadline coming on the 15th of February 2011. A P35 is a return which must be submitted by all employers who employ staff on the PAYE system. It covers the period from 1 January to 31 December 2010

News of the World: Health Insurance

We had our weekly column in the Irish News of the World and this week we looked at health insurance. With health insurance companies raising rates aggressively it is time to reconsider your options and we covered all of them in this article. The ‘Hospital Saturday Fund’ is an interesting alternative that people don’t know about as are surgical discounters, well worth reading about!

News of the World: Life Assurance

We did a piece about life assurance for the Irish News of the World on the 30th of January.

The main thrust of the piece was to impress upon readers that life assurance is either not important, or very important indeed depending on your circumstances and family life. The other question is about how much you need – for that we advise using a professional who can work this out for you, we also disclosed how to get the ‘under the table’ prices by using a broker.

Irish Property Council, guest speaker will be Karl Deeter

The IPC meeting will also be addressed by bank representatives who will talk members through “debt restructuring, writedowns and deals on debt”.
Karl Deeter of the Irish Mortgage Brokers will discuss the economy and the US experience of debt restructuring, while Ross Maguire, senior counsel and co-founder of the New Beginning group, will discuss “family home protection”.
Solicitors will also be on hand to provide advice on insolvency for members who “cannot trade any longer”, Mr Savage added.

The meeting takes place tonight at the Red Cow Hotel, Dublin, at 7.30pm.

Independent: Feature our commentary on mortgage rate hike

“Fixed rates will be pulled from the market or priced so high that they will not be a realistic option. This will leave people at the mercy of their banks,” financial adviser Karl Deeter of Irish Mortgage Brokers told the Irish Independent.

Mr Deeter also predicted other lenders would now withdraw fixed rates as banks continue to lose money on mortgages because they signed up thousands of people on trackers which they are now losing money on.