The FASEA board “rushed out” its initial guidance and will be open to making changes following the consultation period, including potentially abolishing the '10-year rule', says a financial planning academic.
A poll of ifa readers has indicated the vast majority of advisers plan to exit the industry after the introduction of FASEA’s mandatory education standards, dwarfing previous predictions.
"I am not the official mascot for Ireland — I don’t think there is one — but I like to be considered as Ireland’s unofficial 12th man", says Ireland's fan Larry leprechaun.
An associate professor of financial planning reckons between 21 and 34 per cent of advisers will leave the industry due to state-mandated education requirements.
Accounting experts have raised concerns business owners and individuals still have their heads in the sand over new superannuation rules, as accountants report chaos in determining how the new system applies to their clients.
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comments-rhsLatest Comments

  • "Good pick up JAson - now corrected. Thanks. Makes the numbers even worse doesn't it!"

    By: Adrian Raftery at May 21, 2020 11:58PM

    Post: A COVID-19 TAX TIP FROM MR TAXMAN #16

  • "I would be hesitant to do that Stacey. If they have the recepts it should show location, date & length of parking so should match up with diary/Outlook calendar of where they were & what clients..."

    By: Mr Taxman at May 21, 2020 1:06AM

    Post: Claiming car expenses

  • "there is a error on your calculation, Car limit should apply on both depreciation and GST."

    By: Jason at May 20, 2020 11:43PM

    Post: A COVID-19 TAX TIP FROM MR TAXMAN #16

  • "Hi, can you apply log book percentage to parking expenses if the client has all of the parking invoice but can't pin point which ones relate to work trips? can's find anywhere to say that I can't do..."

    By: Stacey at May 20, 2020 12:42AM

    Post: Claiming car expenses

  • "Yes you will need to keep a log book of your travel for a minimum of 12 weeks in order to claim the work-related portion of your car's running expenses. Note the first and last trips of the day..."

    By: Mr Taxman at May 19, 2020 3:40AM

    Post: Claiming car expenses