There is a massive tax loophole you should be aware of. A taxation change brought in by the Finance Act 2022 removed a benefit in kind charge on employer contributions to a pension pot for an employee. The Revenue Commissioners have expressed their concern about the change and the consequent loophole. The effect of the… Continue reading Massive pension tax loophole-€2M tax free contributions permitted
Author: Terry Gorry
Bruce Springsteen and thoughts of retirement
I was at Bruce Springsteen last night in Croke Park and it is hard to believe he is 74 years old. He is inspirational for a person of an age where retirement may be something to consider. Because watching belting out 50 years of rock and roll hits with love and passion with the energy… Continue reading Bruce Springsteen and thoughts of retirement
What would Warren Buffett do now with $1M to invest?
I watched a video yesterday from a Berkshire Hathaway AGM. Warren Buffett was asked would he do anything different now if he had $1M to invest. Would he take a different approach? He, as a young man, went through thousands and thousands of pages of a directory called “Moodys” which gave details of small companies… Continue reading What would Warren Buffett do now with $1M to invest?
Putting my videos behind a paywall
I am frequently told by callers to my office that they came across me in their third level course as one (or more) of their lecturers use my YouTube videos as part of their course in some aspect of law. This has been going on for quite a long time now and it is flattering.… Continue reading Putting my videos behind a paywall
“Nuisance” employment claims
I meet employers on a regular basis who are faced with what they believe are frivolous, unfounded, “nuisance” employment claims at the Workplace Relations Commission. Merely because an employer believes a claim has no merit does not mean that that’s the case. However, in my experience a small number of claims are not well founded… Continue reading “Nuisance” employment claims
Free legal advice
The number of requests I receive every day for advice, answers to questions, thorny legal disputes and rows on the various social media platforms would surprise you. TikTok, Facebook, Instagram, YouTube, LinkedIn. I’m contacted on a frequent basis on all of these websites for, what is essentially, free legal advice. I used to reply to… Continue reading Free legal advice
The most demanding part of a WRC hearing
The most demanding part of a WRC hearing, if you are acting for a client or even arguing your own case, is listening to the evidence of the opposing witness(es). There are many parts of the hearing, including your submission and your direct examination of your own client(s), that can be prepared in advance. But… Continue reading The most demanding part of a WRC hearing
Shocking betrayal of trust by security man
That case reported yesterday involving the security guard working in Penneys and the 15-year-old girl must be one of the worst nightmares of any parent. The guy, who ordered the young girl who had been shoplifting a low value make up brush and something else that young girls are interested in to remove her clothes… Continue reading Shocking betrayal of trust by security man
Relational versus transactional videos and a subtle transition
My attempts to create more relational type videos rather than strictly transactional videos is going well. There appears to be a good interest in the day in the life type of video. And I do not believe that is a surprise as people have a great interest in the daily lives of others. The explosion… Continue reading Relational versus transactional videos and a subtle transition
Capital acquisitions tax reliefs/exemptions
The most useful exemptions and reliefs in relation to the acquisition of capital-through a gift or a benefit in a will-include Learn more about capital acquisitions tax here.