We were quoted in three separate articles in the Sunday papers this week.
The Sunday Times mentioned the report we did with MyHome.ie on property prices for investors (here), the full report is available over on MortgageBrokers.ie on the blog (here). Our view is that for investors there is still not a highly compelling reason to get into property.
Advisors.ie provide B1, CRO reporting, Payroll, P35’s, P30’s, RCT, C45, CT1, Audits, year end accounts, form 11 tax returns and other accountancy and book-keeping or payroll services in Dublin 2.
Sometimes financial decisions are not about saving money, but about spending money to avoid loss. This is what much of insurance is, it is acknowledging a risk and taking a step to mitigate that risk at an appropriate price. In finance fund managers do it all the time and call it a ‘hedge’, which is where the term ‘hedge fund’ came from. Today we are going to take this down to the more simple scenario of protecting your home and looking at the cost of doing this.
Karl Deeter of Advisors.ie was mentioned in two papers, his commentary was via his role as Operations Manager with Irish Mortgage Brokers
IRELAND is in payback mode at the moment. As a country we’re experiencing “deleveraging”, which means that many people are using most of their money to pay back excessive borrowing. However, that practice only puts cash into the banking system and not the real economy.
“While banks may be able to contain bad-loan losses on their mortgage books, “a big and ongoing problem is that a large part of their mortgage books are based on ECB tracker rates, which banks are funding at a loss,” said Karl Deeter, operations manager with Dublin-based Irish Mortgage Brokers.”
Do you want a person who can merely do up your books and has the credentials to stand over the final figures? If so then Advisors.ie is perhaps a solution for you.
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.
But if you want an accountant in Dublin who can do all of that and also figure out ways to cut your costs, reduce your tax bills and use the best methods for ensuring that you stay in business and don’t pay more tax then necessary, while also being able to advise you personally on your finances and also shop around on your behalf for cheaper solutions for the financial products and services you use then we are definitely the people you are looking for!
We were really pleased to feature on TV3’s ‘Morning Show’ with Sybil and Martin (Brian was standing in for Martin) in a conversation about property prices and whether or not we have hit the bottom. Aoife Walsh from the Respond! Housing Agency was also there giving some great information and advice for borrowers in trouble.
“Banks and building societies are planning to abolish fixed-rate mortgages because they are too expensive for lenders to provide, according to a leading mortgage expert. Banks would prefer to have borrowers on products with variable rates, which can be increased whenever lenders want, according to Karl Deeter of Irish Mortgage Brokers — who correctly predicted last year’s rises in variable rates.
You can claim back taxes from for up to 4yrs previous. PAYE tax refunds must be completed by 31st December