QFA INVESTMENT
Don'tINVESTMENTS
QFA worry, you'll bounce back!
- LECTURE
QUESTIONS
Your time: 1 min. WITH CORRECT
Correct 0
ANSWERS
0%
Incorrect 65
Your answers
1 of 65
Term
Olive is self-employed and received €2,400 of gross deposit
interest in 2021. She is aged 67. What is her PRSI Liability?
A Nil
B €96
C €792
D €888
Give this one a go later!
A
Nil
Martha is not liable to PRSI on this deposit interest in 2021 as it does not exceed
€5,000.
,B
3.86%
Flat or Running Yield = (Current Income Yield / Current Market Value) X 100%
1. Identify Current Income Yield: 4.4%
2. Identify the Current Market Value: € 114
3. Apply the formula (4.) X 100% = 3.86
A
An office block
A
Nil
Olive is not liable to PRSI on this deposit interest in 2021 as she's over age
66. What is her PRSI Liability
Don't know?
, 2 of 65
Term
Jack is self-employed, aged 56, and earns €1,000 gross deposit
interest in 2021 which is subject to DIRT. He has no other investment
income. What PRSI liability, if any, does Jack have on this gross
deposit interest for 2021?
A Nil
B €20
C €40
D €70
Give this one a go later!
D
€775
National Instalment Savings (15th Issue) is a 12-month regular savings plan. The
plan works by saving on a regular basis for 12 months, minimum €25, maximum
€1,000 per month.
1. Identify what the maximum contribution allowable per month is: €1,000
2. Identify the current monthly contribution being made: €225
3. Subtract the current monthly contribution (Answer Step 1) from the maximum
monthly contribution allowable (Answer Step 2)
€1,000 - €225 = €775
, A
€52,950
Exit Tax Applicable to Bonus for Life Assurance Tracker Bonds = 41%
1. Calculate Bonus Amount - i.e. Excess of Pay-Out over sum invested
Maturity Amount - Original Investment Amount
€55,000 - €50,000 = €5,000
2. Calculate the Exit Tax
€5,000 X 41% = €2,050
3. Calculate Net Value of Matured Investment
C
Maturity Amount - Exit Tax
€40
€55,000 - €2,050 = €52,950
The self-employed, pay PRSI at Class S on all of their earnings apart from
pensions, such as gross deposit interest, dividends and rental income,
however liability to pay PRSI ceases for all at age 66.
1. Establish if they have a PRSI liability
Under Age 66 = Yes / Over Age 66 = No
Age = 56 = Yes
2. Calculate the PRSI Liability Amount of Gross Deposit Interest
€1,000 Multiply Gross Deposit Interest Amount by 4% €1,000 x 4% = €40
C
12.58
PE Ratio = Current Share Price / Earnings Per Share
1. Calculate the Earnings Per Share (EPS)
EPS = Company's After Tax Profits / The No. of Shares
Issued Company's After Tax Profits = € 3.1m
The No. of Shares Issued = 1.5m
Apply the Formula for EPS = € 3.1m / 1.5m = 2.066
2. Identify Current Share Price: € 26.00
3. Apply the Formula for PE Ratio € 26..066 = 12.58
Don'tINVESTMENTS
QFA worry, you'll bounce back!
- LECTURE
QUESTIONS
Your time: 1 min. WITH CORRECT
Correct 0
ANSWERS
0%
Incorrect 65
Your answers
1 of 65
Term
Olive is self-employed and received €2,400 of gross deposit
interest in 2021. She is aged 67. What is her PRSI Liability?
A Nil
B €96
C €792
D €888
Give this one a go later!
A
Nil
Martha is not liable to PRSI on this deposit interest in 2021 as it does not exceed
€5,000.
,B
3.86%
Flat or Running Yield = (Current Income Yield / Current Market Value) X 100%
1. Identify Current Income Yield: 4.4%
2. Identify the Current Market Value: € 114
3. Apply the formula (4.) X 100% = 3.86
A
An office block
A
Nil
Olive is not liable to PRSI on this deposit interest in 2021 as she's over age
66. What is her PRSI Liability
Don't know?
, 2 of 65
Term
Jack is self-employed, aged 56, and earns €1,000 gross deposit
interest in 2021 which is subject to DIRT. He has no other investment
income. What PRSI liability, if any, does Jack have on this gross
deposit interest for 2021?
A Nil
B €20
C €40
D €70
Give this one a go later!
D
€775
National Instalment Savings (15th Issue) is a 12-month regular savings plan. The
plan works by saving on a regular basis for 12 months, minimum €25, maximum
€1,000 per month.
1. Identify what the maximum contribution allowable per month is: €1,000
2. Identify the current monthly contribution being made: €225
3. Subtract the current monthly contribution (Answer Step 1) from the maximum
monthly contribution allowable (Answer Step 2)
€1,000 - €225 = €775
, A
€52,950
Exit Tax Applicable to Bonus for Life Assurance Tracker Bonds = 41%
1. Calculate Bonus Amount - i.e. Excess of Pay-Out over sum invested
Maturity Amount - Original Investment Amount
€55,000 - €50,000 = €5,000
2. Calculate the Exit Tax
€5,000 X 41% = €2,050
3. Calculate Net Value of Matured Investment
C
Maturity Amount - Exit Tax
€40
€55,000 - €2,050 = €52,950
The self-employed, pay PRSI at Class S on all of their earnings apart from
pensions, such as gross deposit interest, dividends and rental income,
however liability to pay PRSI ceases for all at age 66.
1. Establish if they have a PRSI liability
Under Age 66 = Yes / Over Age 66 = No
Age = 56 = Yes
2. Calculate the PRSI Liability Amount of Gross Deposit Interest
€1,000 Multiply Gross Deposit Interest Amount by 4% €1,000 x 4% = €40
C
12.58
PE Ratio = Current Share Price / Earnings Per Share
1. Calculate the Earnings Per Share (EPS)
EPS = Company's After Tax Profits / The No. of Shares
Issued Company's After Tax Profits = € 3.1m
The No. of Shares Issued = 1.5m
Apply the Formula for EPS = € 3.1m / 1.5m = 2.066
2. Identify Current Share Price: € 26.00
3. Apply the Formula for PE Ratio € 26..066 = 12.58
