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Thanks everyone for your views. In the process of organising for it to be painted, carpets cleaned etc so we will look to rent it and see if we like any of the prospective tenants! Agree with the view that the key is ensuring the tenant can afford the rent.

Thanks Sarenco - I had done this and come out with 4% return and negative cashflow - albeit that is paying down the capital on the loan. Calculations set out below. I obviously wouldn't borrow to make this investment now so question is stick or just move on now that we are back in positive equity.

Apartment purchased for €475k in 2008, currently worth €360k, outstanding mortgage €295k. Occupied as PPR for 3 years. We have had the same tenants in the property since 2011 and they have recently vacated due to purchasing themselves. Question is do we sell now or retain the property...

No Tom. You are correct. The P60 provides the boxes for "this employment" and "previous employment". They should have the detail as you provided your p45.

I'm with Flogas for the third year in a row on a 22% retention discount. They contacted me in the last month of the contract each time. Always was best deal on offer when I used comparison sites. My electricity is with energia this year. No issues to deal with them but no online facility.

Revenue are correct. S 128B TCA 1997 refers. Had a case for a client a few years ago where I came across this.

Yes, pay tax on the 10k. You should seek advice from an accountant. Tbh, your questions make me nervous about your ability to file a correct return! Onus is on you to make correct self assessment. For example, are you sure all expenses are tax deductible? Is there any cap ex in there, for eg...

https://www.revenue.ie/en/tax-professionals/historic-material/tax-briefing/2003/Tax-Briefing-Issue-53-August-2003.pdf As noted above, it is not included - it is only specific items that the Revenue request that are required to be inputted.

It won't go on the return. It's an extract from accounts, not the accounts in total. Fixed assets and financial investments, are not entered in the extract from accounts

We also used them in 2012. Was very happy with the service and quality. Kitchen looks as good today as day it went in. For pricing puposes make sure you check out Eco interiors as product is from same factory in Germany.

Yes. This revenue initiative is only a problem for you if you had dividend income or gains which you did not declare on your tax return. Further, you may have been liable to tax depending on when you received the shares so it would be important that this was in order too.

Borrowed funds are relevant if the debt is written off as your capital loss is now restricted to your actual monetary loss. Off the top of my head, this applies in respect of disposals made since 1 January 2014.

Corktim, it depends on what you borrowed. In your example, if you borrowed the €300k but only had to pay €200k to bank and realised €200k on sale, then you don't have a monetary loss so you have no loss to carry forward. However, if you borrowed €250k, used your own €50k to fund balance, you...

That's correct sarenco. It restricts the loss to the actual monetary loss but does not turn a loss into a gain or increase a gain. If you bought and sold for same price, no gain or loss so provision does not apply.

I posted mine on 9 December also. I followed up by way of phone all on Monday this week and they confirmed to me over the phone that new rate of 3% applied from 1 January. I have not received anything in writing.

Snowyb Thanks so much. I will check those options out. Much appreciated. Happy new year! Regards Kerrygrrrl

22 January.

thank you snowyb for your helpful responses on all health insurance matters. We are a family of 5, two adults on PMI3613 and three kids on one plan +. I had read an earlier response of yours to someone in similar circumstances and had looked up laya simplicity for us adults and whatever you...

That's my thinking also. Have the valuer booked.

Funny, As I called them again today as had not yet received a callback and was told that I would have to get a new valuation done and there are no exceptions! I have booked the valuer as at €127, it makes sense for me to spend money on that rather than my time on arguing with them. The LTV...