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My understanding - Once your net taxable income is under 5K and you are on PAYE you can use form 12/My Account. You need to bring the profit from your side hustle to under 5K - legitimately spend some of it for items/services solely required for your "business". Think outside the box (PC/printer...

Thanks S class, Should be ok on the 2080 contributions, but trying to figure out if I can take the full lump sum at a reduced tax rate and if any unused tax credits can be used against it - looking at about 2 years time (I know things can change) but forward planning.

Hoping to retire early with a very small pension pot and looking for the most tax efficient way of drawing down the full amount, as an annuity would generate about 1-1.5K p.a. Have a small DC Pension with AVC's expected to be worth around 60K on retirement. No previous pension. After taking the...

I see BFF are now back on Raisin with 4% for 6 mths, 9 mths and 12 mths.....but minimum investment 20K

Thanks everyone. It seems that page has been updated since earlier. Hopefully the 4% offers come back again shortly.

Thanks Clubman, They're not showing up anywhere in the lists of Deposit Accounts i.e. "less than a Year", "1 Year", "2 Years", etc. Hopefully just a glitch.

Hi all, In the process of opening a second fixed-term with BFF through Raisin and waiting on Raisin to answer a query online, but no sign of BFF listed anywhere in the Deposit Accounts today. Just checking if this is an error or if there's something more to it.

Hi, I use PTSB to fund Raisin. Are you using Open24 to do this? With Open24 it was pretty straightforward - "Transfers" - "New Payee" - IBAN & BIC and Bank Country, I don't recall having to put in much more, I remember having enough information from Raisin to complete it without much hassle. I...

Recently signed up with Wise and had to hold some currency in Sterling, happy to get a small return. Quick question on tax implications - As DIRT is withheld in Belgium, do I need to declare anything to Irish Revenue? Any advice appreciated.

Many thanks for your replies. I see an option to just state trading loss, without setting the loss against "other income", so I guess that sorts it. Thanks again, I'm eventually making sense of some of the Revenue language.

Thanks T. Revenue are aware that I am running a small hobby business. On the tax return I only have the option to show net profit or net loss. If I fill in neither there is no record of any business which concerns me. I do expect to collect the debts, and even though the loss will be minimal I...

I have a small hobby business as well as PAYE and have to do a tax return for Revenue. I am claiming a loss for 2022 and I have have payments outstanding for a few items sold in 2022. Do the outstanding payments reduce the loss I am claiming? i.e. Loss of 600, owed 400 - is my loss on the tax...

Hi all, Looking at a possible redundancy situation and I am first out. Company has some money in the kitty but will likely only be able to look after me with the rest of the staff eventually claiming from the social insurance fund. Are there any options for a top up other that an ex-gratia...

Thanks for that Thirsty, the people at land registry are very helpful but have steered me in various directions - I finally have it - form 35 & 36. many thanks

Hi Guys, I'm the executer of my late fathers estate and have my probate meeting next week - happy that everything is in order, but when I get the grant I will need to transfer my fathers house to my brother and from my research have concluded that its Form 40 - Transfer by personal...

No, you're only allowed one - ever! Had the same issue last year and NUK said another account was not possible - shame.

Gervan, That's what she said - a one off account, one per person. We were discussing the maturity date and I wanted to get the forms to sign up for another.

My 4% regular saver with Nationwide UK is coming to maturity after 15 months and I called to check maturity date. I assumed I could open another account at the same rate from then, but no - it's a one off account and a further 4% account cannot be opened. Just for info.

Well done CiaranT on an excellent post. I have been using a similar model for a while and one little option on the current account: I use UB and apart from the "odd technical issue" - its free banking if you deposit €3,000 per month - easily managed if you're transferring maximum amounts to...

One month down with the now €4 per month UB current account - managed to move the €3k in and out from a UB saving account online during July so hopefully have avoided the charge. When planning for this month it occurred to me that I need not have transferred the full €3k in one go - why not...