I have CRH Shares and did not take up the Rights Issue in 2009. They sent me a cheque in lieu of proceeds after Rights. I omitted this in Return for 2009 by mistake, because carrying forward a loss for CGT. I want to return the amount now retrospectively. Is the total amount received the...
Is interest on a Bank of Scotland Stg. account, which was taxed @ 25% liable for further Irish Tax? Account was opened through Dublin branch, but statement shows BOS Leeds. Also, where should this be returned on Self Assessment Form 11? Will the 25% tax be redundant?
I had a sterling deposit with BOS which they closed last November. Interest of 415 STG. earned and Tax deducted 103.75 Stg. It states on the statement that deposit was with BOS, Leeds - I opened it with BOS Ireland. Does this amount cover DIRT due for 2010? or do I lose this tax and am still...
Thank you for that. Is it not necessary to get an actual statement from mortgage supplier stating interest to 6/4 and interest 7/4 to 31/12/09? or can you just average things out?
When converting sterling rental income, there should be an average rate for the year. I cannot find this on Revenue or Central Bank sites. Could anyone tell me where to find it?
To offset interest paid on loan against rental income for 2009, can I offset 100% of lst 3 months interest to 7/4/09 and then 75% of balance or is it effective for the whole year?
Re: Capital Gains Tax on sale of shares - reviewer wanted!
Brendan mentions that you must use up carried forward losses from a previous year before deducting this years exemption limit of 1,270. Is this correct? Or can I reduce this year's gain by 1,270 and then offset balance of larger loss...
Thank you for your help. Is it necessary to return details before October 2010, as I will still be carrying forward a loss from 2007? Under these circumstances is it definitely ok to take 1270 off the 2000 before setting against larger loss from 07?
Re CRH Rights Issue March 09. I did not take up this offer and was subsequently sent a cheque for approx 2,000 euro proceeds of sale. Is this taxed as CGT or normal tax? If CGT, can I offset it against a loss carried over from 2007? Do I deduct 1,270 as the exemption first? Also, do I need to...
I am currently on 3 day week and claiming J.B for other 3 days. Will this run out after 24 months? Because I am still paying prsi on 3 days will this keep me in credit for ongoing JB?
Is all rental income on a uk property offset against interest paid to an irish institution for the purchase of this property before becoming liable to tax?
I understood if I transferred shares to a charity there would be no dealing costs and hence no documentation for revenue purposes. The other option is to pay 50 euro to transfer to charity and get a sales document. As the shares are only worth ? 20 euro this would seem a false economy.
Pumps
I bought Lucent shares in 1999. As a result of scrip issue (on foot of Lucent) I received 2 other shares(agere and avaya). I now wish to sell Lucent at a loss of approx euro 8,500. In order to dispose of the other 2 small shares which are worth less than euro 20 I can transfer them to a...
As there is a dual agreement with UK and I obtained a note from UK revenue confirming no tax need be taken at source by letting agents does this not let me off the hook on making uk return?
pumps.