The Gazette 1981

GAZETTE

JULY-AUGUST 1981

INTRODUCING DEFERRED INCOME DEPOSITS THE NEWW\Y TO DOUBLE YOUR CAPITAL AND REDUCE YOUR TAX LIABILITY

Any amount from £5 , 000 upwards may be placed in a Deferred Income Deposit. As deposits are placed for a fixed period, each one is treated as a separate transaction, but you can have as many of them as you wish. Deferred Income depositors who elect to place a deposit for 4, 5 or 6 years may, subject to reasonable notice, change the original period of deposit to one of not less than 3 years. If the Funds are not required at the end of the fixed period, they may be redeposited in a new Deferred Income Deposit account for a further period of your choice or transferred to any other of our deposit schemes. For full information on Deferred Income Deposits see our special leaflet or contact us at any of our branches. It could be one of the shrewdest financial moves you'll ever make!

Lombard and Ulster's new Deferred Income Deposit scheme has been carefully designed to appeal to anyone who, for tax reasons, would find it beneficial to receive investment return at a later date. Your deposit will mature after a nominated 3 , 4 , 5 or 6 years when you can receive your deposit together with the income that it has generated over the period. Maturity values, (Deposit plus income generated), are fixed at the time of deposit. Lombard and Ulster's Deferred Income Deposit scheme is of real value to many savers including for example:- # Tax payers whose future retirement may bring about a fall from a high to a low income and, in consequence, will bring them into a lower tax bracket. # Those interested in the future of a minor. Parents are sometimes assessed on the income of a minor and might well see advantages in the whole amount of income being deferred. # Tax payers who intend emigrating and becoming non-residents of the Republic of Ireland before the deposit matures.

Examp le

I «ftiT 1) years after . r > years after 4 yearsafter .'1 years

LH,000

.C7.U00

C5,(XX) hecimes | C10,000 L».(MM)

Lombard &Ulster Head Office: Lombard & Ulster House, 54/57 Lower Mount Stre t, Dublin 2. Telephone 685288. Branch Offices. 1 Dawson Street, Dublin 2. Telephone 772214 and at Athlone (0902) 2768, Cavan (049) 31670, Cork (021) 24371/5, Dundalk (042) 34968 & 31228, Galway (091) 7090, Letterkenny (074) 21114, Limerick (061) 42811, Porllaoise (0502) 21708 & 21032, Sligo (071) 3247, Tralee (066) 22011, Waterford (051) 75944 and Wexford (053) 24344.

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