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Pensions gap widens as pandemic deepens the divide
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Scan the banks, but don t dismiss the departees yet
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Business Journalist
2020 was a challenging year for the car market and this year, so far, looks like it may be shaping up to follow suit.
According to figures from the Society of the Irish Motor Industry, new car sales were down 25% on 2019 levels last year bringing the market to recession era levels.
January is traditionally the bumper month for car sales in any year as prospective buyers seek out the new updated registration to go with their shiny piece of metal.
This year, that was offset by the re-imposition of level 5 restrictions which contributed to car sales in the month being down almost 20% on January 2020.
Business Journalist
Despite it being a record year for savings in Ireland, much of it was accidental given that large sections of the economy were shut down for long periods in 2020 so there was reduced opportunity to spend.
And many people were not in a position to accumulate savings given that their source of income had been severely curtailed because of those restrictions.
We look at areas where long-term savings can be made into the future in our New Year personal finance checker.
Overpaid on tax?
The answer is most likely yes .
People leave thousands in unclaimed refunds and reliefs with Revenue every year that they are unaware they are entitled to, according to Marian Ryan, Consumer Tax Manager with Taxback.com.