soul train
Registered User
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- 5
We have E28,000 to draw down on our mortgage. We approached our mortgage provider a year ago but, as my spouse is self-employed, they want to see his income returns over at least two years. We have still one year to go till we ask them again; his work is sporadic and we are not confident that he will meet the bank requirements next year.
Use my savings to substantially finish the house extension, and then finish the work using our incomes?
One available at work- pays 6% of pensionable salary (to my 4%). I have not availed of it yet.
Do you have a pension scheme?
One available at work- pays 6% of pensionable salary (to my 4%). I have not availed of it yet.
But the real cost to you will be only 50% of the €1,400 or €700
Yes, as a married couple, if jointly assessed, the marginal relief on this is at the higher rate.The real cost will be 80% of €1400 so €1120 - as soul train salary is €35,000 and therefore on the lower tax rate. Or am I missing something?
Spouse is on (irregular) €40,000. So no benefit there, unless the irregular drops below €26,300.Yes, as a married couple, if jointly assessed, the marginal relief on this is at the higher rate.
Spouse is on (irregular) €40,000. So no benefit there, unless the irregular drops below €26,300.
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