With conenants being limited to 5 % of income for over 65’s, its maybe handy, but benefit is relatively small.
Someone on say 50k gross, can only covenant 5 % of that,to an over 65 year old, so max covenent amount is €2,500, which gives a nett benefit of €500.
It all helps i suppose !
Someone on say 50k gross, can only covenant 5 % of that,to an over 65 year old, so max covenent amount is €2,500, which gives a nett benefit of €500.
It all helps i suppose !