Search results

Just received an electricity bill from Electric Ireland for a vacant property which is currently under sale. I was shocked that the total cost was €78.94. Only €5.96 was for electricity usage. The rest was €57.86 standing charge, €8,60 PSO levy and €6.52 VAT. One would feel sorry for...

The only thing that will encourage me to stay in the market is the removal of the threat that landlords would have to sell with tenants in situ. I have 3 rental properties. One is currently up for sale with another to follow next year. I'll consider selling the final property just before the...

There is an article in today's Independent titled "Ministers face accusations that Budget helps landlords while renters are ignored". It states: "Housing Minister Darragh O’Brien acknowledged it was “tough” for renters and said that within the next two weeks, he would do more to put in a cap...

I'm wondering how long this Bill will take to go through and how likely it is to succeed due to the fact that the Minister did not oppose it? The element of the bill that I am most concerned about is not being able to sell my property with vacant possession. I had intended to sell in the next...

In addition to the One Parent Family payment and rent allowance, some may qualify for a medical card, winter fuel allowance (€22.50 pw from October to March) and Back to School Clothing and footwear allowance.

Yes Brendan, BOSI still owns them. On my last statement it said ' please note that while the Bank's service provider - Pepper - has changed, your liability under the Mortgage Account is owed to the bank (BoSI). Mine is an interest only, low tracker at 1% with about 8 years left to run. I have...

A tip for choosing a BER assessor is to check the BER ratings of the houses on your road, apartments in your block on Daft.ie. Choose the assessor who has given the best rating. Recently I got a very low BER rating on an apartment in an old renovated property. I noted on Daft.ie that others in...

Tenants can only get a certain amount of rent allowance according to where they live. See link to table: http://www.welfare.ie/en/Pages/Maximum-Rent-Limits-by-County.aspx This tenant is probably only allowed €800 and wants to pay you €50 under the table. This is not a good idea as if you...

The banks with who the owners have their mortgages, will view the fact that the block will not be insured very seriously. Had a similar situation in an apartment block last year and lost a tenant because of it. Due to non-payment of management fees by a high proportion of owners, services...

I phoned the relevant area of Revenue. The official listented to my story and told to write in, which I did. I found them decent enough to deal with and the matter was dealt with promptly. I must admit that I had expected it to be a longer drawn out process, but was pleasantly suprised.

I'm pleased to report that my issue with Revenue has come to a successful conclusion. I have been allowed to offset the relevant mortgage interest against my foreign property. I reaslise that I had a part to play in setting up my accounts wrongly in the first place. The matter was further...

On the form 12 beside Irish Rental Income and Foreign Rental Income, I didn't write in any amount. I wrote see attached spreadsheet (which contained all the details). Anyway, thanks for all your advice, it has been most helpful. I'll take this on to the next step. 'll let you know the outcome.

I submit a Form 12 accompanied by a spreadsheet detailing my rental income

TBH I’m a bit bamboozled by the whole thing. Following submission of my tax returns last year, I received 4 balancing statements 2008 -2011 stating an amount of underpaid tax for each of these years. The reason stated was that Irish Rental income cannot be offset against Foreign rental income...

I wrote within the 30 day timeframe stating that I wished to appeal the decision to the Appeal commissioners and stated my reasons. I received a letter back acknowledging receipt of "my recent letter" and still not allowing it. I then wrote back quoting the relevant details from the tax manual...

It was a PAYE balancing statement and it stated: "If you disagree with this statement, you may appeal it to the Appeal Commissioners by giving notice in writing to me within 30 days of the date of this statement".

I was given the right of appeal within a certain timeframe. I just sent in a letter of appeal stating my case. I was not called to an appeal hearing.

It was just my normal annual tax return. I had incorrectly displayed foreign rental income and irish together on the same spreadsheet and this highlighted the issue. They informed me that I owed tax for the previous 4 years and gave me the right of appeal. I appealed and re-sumbitted my...

I'll talk to the senior manager first and take it from there. I may indeed have to get a professional to deal with the matter. There is a few grand involved going back over 4 years. I'll let you know the outcome.

Yes,the Revenue bolded and underlined the words in the letter to me. The rank of the Revenue official who signed the letter (decision on my appeal) was Inspector of Taxes. I will try to get my head around this and phone this official's manager.