The Gazette 1981

GAZETTE

JULY-AUGUST 1981

INTRODUCING

DEFERRED

INCOME

DEPOSITS

THE NEWW\Y TO DOUBLE YOUR CAPITAL

AND REDUCE YOUR TAX LIABILITY

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.

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!

Examp le

«ftiT 1) years after .

> years after 4 yearsafter .'1 years

C5,(XX) hecimes | C10,000 L».(MM)

LH,000

.C7.U00

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.