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    BER Exempt query

    Very few properties are justifiably BER exempt. Suspect the estate agent has just not got the certificate to hand.
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    My employer provides income protection but should I take it out separately?

    My employer currently provides income protection for its employees but not sure I will be working there forever and I'm minded to arrange my own income protection cover so I have certainty and am not reliant on my employer to cover me throughout the remainder of my career. Leaving aside the...
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    AVCs after tax relief limits all used up

    My employer owes me a lump sum contribution to my Irish pension. I have to match that amount for it to be paid. Totals around €38k between employees and employer contribution. The issue arises because I was on a secondment for my firm to the UK for a few years and not tax resident in Ireland for...
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    Notifying revenue tax bands , credits and domiciled

    You are not currently tax resident in Ireland but you are still likely to be tax domiciled in Ireland. But you will be a non-resident landlord and so will have to declare your Irish rental income to Revenue each year you are abroad. There are also extremely cumbersome new rules for non-resident...
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    Solicitor won’t hold proceeds of my house sale ahead of purchase of another

    Solicitor client accounts are often charged negative interest at the moment by their banks so this is the main driver for not wanting to hold client funds for long periods.
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    Tax on Irish rental income if living in UK - resident in UK since March for PAYE but 2024 for rental income

    I've been in this boat recently. You will need to register with HMRC for 'self assessment' the year you are fully tax resident in the UK. Noting that the UK tax year started on 6th April you will probably be UK resident for the 23/24 tax year. You will need to do both Irish revenue and HMRC...
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    Non-Resident Landlord Withholding Tax reforms

    Good piece in the Irish Times today about the new system. There is also a useful tax and duty manual on the new system on Revenue's website which is like a step by step guide to making returns. Main downside of this new system is having to pay 20% of gross rental income each month to the...
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    Non-Resident Landlord Withholding Tax reforms

    I know it is assessable income for Revenue purposes. My concern is about logging the payments on this new platform. Do I need to do this monthly now? Up till now I just totalled the rental income once a year and paid tax off those figures once mortgage interest deductions and expenses are...
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    Non-Resident Landlord Withholding Tax reforms

    My wife and I are working in the UK for a couple of years but moving back to Ireland shortly. While we have been over in the UK my wife has registered her father as a collection agent with Revenue in respect of rental income on an Irish rental property, though in practice we do the Form 11...
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    Management company -how often do directors check the books?

    In my development, only the directors can sign off and authorise payments out of the company's accounts. Certainly the agents could do the book keeping, chase debtors, prepare a monthly report and setup the payments on the portal for the directors to sign off but I think it is always a directors...
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    CG1 form query

    I'm filling in a cg1 form in respect of the sale of my PPR. It took me a year and 3 months to sell it after I moved out so there is a 3 month portion of the gain i need to declare to revenue while the rest of the gain is exempt. I have the liability itself all worked out but showing the workings...
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    Newly married couple.

    Monthly take-home pay €3800/€3800 Type of employment: e.g. Civil Servant, self-employed (I'm private sector – spouse is HSE/public sector) In general are you: (a) spending more than you earn, or (b) saving? We are now probably saving about €3k per month between us after bills are paid...
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    Lenders must now tell you how they set mortgage rates

    Got my letter in the post from BOI yesterday. Biggest waste of time reading it (and presumably even more expense posting it to me). It doesn't really make a whit of difference to anyone.
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    Buying a house – potential for gift tax liability?

    Get an independent valuer to inspect the house and provide you with the open market valuation of the property at this point in time, because this whole issue centres around differing valuations of the property. If you picked the 200k figure simply based on your own judgement, there is a greater...
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    Fiancée with a negative equity mortgage

    You're putting words in my mouth there. I don't have reservations about marrying her - I just want to know all the facts about what will become our joint financial situation in the near future, which isn't unreasonable to ask.
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    Fiancée with a negative equity mortgage

    So I'm getting married next year to my fiancée. I own my own two-bed apartment which has an SVR mortgage of €227k and is worth approx €400k. I have a salary of approx €65k. My fiancée has moved in with me in recent times and the plan would be for us to spend the first few years of married life...
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    Mortgage Interest Tax Relief

    I can't believe the government is still willing to pay me €40 a month for a further three years under this scheme. This was an FF election promise but as far as I can see there was no real public pressure to keep this going. There are a lot fewer houses in negative equity than say five years...
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    FF Bill to tackle mortgage rates to be debated on Tuesday and Wednesday night

    Will the Bill only apply to new mortgages issued after it is passed? Can it apply to pre-existing mortgages? Presume private property rights may have a role here? Haven't really seen this angle addressed in debate yet.
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