My cousin was in hospital for two weeks and forgot about a meeting with intreo and now she's received a letter stating that her payment will be docked by €90.

Would it start from next week or in 21 days?

Hi,

I used to study here on Ireland and I've been looking to do business in Ireland, although I have friends from university days that I have also been asking about this subject, I think more opinions can only help me give more perspective.

So basically I have two considerations:

1. I have a tech company from outside of Ireland that can cater to clients here and do business from overseas.

2. I can also establish a business here with a partner company overseas.

3. Run a marketing or importation business in Ireland with the help of my contacts fron Continental Europe.

However, I have two considerations:

1. I am not yet a resident, though I've resided in Ireland under a student visa.

2. I am not yet sure if I will stay for a long time in Ireland, but I am sure I want to do business here.

3. I don't want to work via employment which is why I am looking to do business to sustain my stay in Ireland.

These are the broad ideas I'm still wrestling with so I don't know how to proceed with the rest of the plan yet.

Hope you guys could help me out.

Cheers!

I know the taxation of them at 41% after 8 years is not good when compared to other countries, but are ETFs still better than say investment trusts or diversified shares like BRKB? There are plenty of people out there that don't have the time to research individual stocks and are more risk averse so I'm thinking that ETFs may still be a good option for a reasonable return, or am I missing something?

Hi all,

I am considering working for a company that doesn’t have an Irish legal entity. The could hire me in the UK, Germany, France or the Netherlands. An Employer of Record wouldn’t be an avenue the company would like to entertain. The work would remote with short term client visits to Germany and UK. So they are saying I would need to relocate.

I am currently not an Irish citizen and hold German citizenship.

We own a house in Ireland and the kids are settled into their social lives and so are we. Moving the whole family isn’t what we want right now but I was considering maybe renting a flat up north and spend some of my time there or moving in with some family in Germany.

I am looking for some advice on either a professional who could outline my option and considerations for this or people in this situation or who have considered it before.

I have about 55k set aside for a house deposit, but won't be buying for at least another 12 months, perhaps even 2 years

As I continue to save, where can I earn the best interest instead of it sitting in a bog standard AIB account?

I've seen Trading212 mentioned and they're paying 3.4% on EUR, 4.9% on GBP and 7% on HUF

1. Is there any significant risk associated with keeping the money in a Qualified Money Market fund?

2. Is it worth exchanging my EUR to GBP using revolut premium to earn the 4.9%? (If this is even possible, not sure if it is)

Thanks

I accidentally uploaded the same receipt for a health expense twice and claimed both of them. How can I delete one of them? They're both processed, the check mark to unclaim is greyed out and there's no option to delete. I emailed revenue but no response. Thanks.

I got a job offer in Cork city for 36,000 euro. Am I going to be screwed over by the cost of rent? I'm planning on searching on Daft for a house share. Should I be able to get by easily enough?

Hi there.

I work in a professional role in a MNC that is announcing a pay freeze in the coming days. It has also recently announced some lay offs. Salary increments will not be paid this year and bonus will be well back on previous years (usually 15 to 20% of salary, expecting half of that this year). I'm on 90k base.

Obviously it's disappointing but due to business performance etc. I'm in a bit of a conundrum around whether there is anything I can say during my upcoming review or anything I could ask for that doesn't really cost the business too much but could help me , such as a title change perhaps? This might be a ridiculous thought and perhaps I just have to suck it up but said its worth giving some thought. There might be other suggestions I have nit thought of.

I'm in my current role 4 years, quite a niche skill set, professional, tricky to recruit for. They recently hired someone to cover a colleague's leave for a period and it was a disaster so know its tricky to get the skillset they need.

No real room for promotion as its a small team and my line manager is quite senior and there two decades. He is not going anywhere. My reviews and feedback are always excellent bit no real discussion of promotion/decent pay bumps etc. I'm assured they really want me to have a long career there blah blah but there's nothing forthcoming bar vague assurances. Now it appears we are in a period where its going to be costuming for a couple of years.

I am obviously keeping an eye on roles online but just thinking if there is anything I could do or ask for to ensure I'm more attractive to employers if I do go to the market ir am made redundant. Just want to make the most of my upcoming review.

Thanks in advance.

I'm going through the torturous process of collecting quotes for the vacant property grant. It's like pulling teeth to get quotes on headed paper and the relevant tax certs.

Does anyone know (from experience, not guessing) if an estimate from a quantity surveyor in a construction company would be accepted as a quotation from Dublin City Council?

This would make my life a lot easier.

In a nutshell, I’m a Dubliner who worked with a company for 4 years and had a pension set up (Irish life) but I finished with that company years ago and went freelance and haven’t contributed to the pension since. In my current situation, I could really use that 6K towards living expenses but when I called and asked them, they said I can’t get withdraw early. I assumed I could but there’d be some penalty fees, but I was told there’s just no way to access that money until I retire, is this true?

Currently have loan offer from EBS. Signed contracts and sent 10% to developer for new build.

We are also AIP with BOI and TSB.

How late in the process can we switch banks? Is it right up until drawdown?

We’re currently on a 4% variable rate. We’ve been holding off on fixing in the hope that Irish banks will drop their fixed rates further.

At the moment we’re trying to decide whether to fix into AIBs 3.1% rate or hold off and hope they drop the green rates lower this year in response to the first ECB cut yesterday and expectations that the ECB rate will go down to at least 2.5% by the summer.

I know no one can predict what’ll happen, but from a financial point of view, but if we fixed into the 3.1 rate now for 3 years we could save 7k over those 3 years.

If we wait 5 months to see if AIB drop the rates, we will lose 1k against what the 3.1 rate could provide us with but if we managed to get a 2.5% rate, we’d save €11.6k over the 3 years. If I remove the 1k we’d lose while waiting for the rates to drop we’d still have a net gain of €10.6k over 3 years.

Is that a good way to look at it or should we just fix in and stop micro analysing it all! I know the rates might not go as low as 2.5% in which case I don’t think id be bothered holding out for something only a little less than 3.1 such as 2.75%

Has anyone done this and able to confirm whether a partial year worked in Ireland qualifies for a Class NIC2 NI contribution. (Trying to figure out which years to use for which as my understanding is that can get partially both but not overlap the same years for both).

There’s a SURE scheme where you can reclaim your PAYE from your job when you start a new company. Anyone availed?

What's the best way to phrase an email to request a discount on appliances you've been quoted for ?

Original quote gave me approx 6% off advertised price but I'd like to try get 10% off

How to best phrase this for success?

Thanks

I don’t want buy a house as they are way too expensive right now and the debt burden is so high. Is it possible to be a renter for life and just invest in other things or is the tax system set up to make that impossible?

https://www.reddit.com/r/irishpersonalfinance/s/NQCFsyBlUA

I've done a bit of research re the appliances query I had yesterday

Can I get everyone's opinion?

Did I choose well or are these prices ok?

Help me decide

Thank you

Hi, looking for a accountant / tax advisor in Cork / surrounding areas to deal with inheritance tax, thanks.

Hi everyone. How do I claim my rent tax back if I already submitted the other taxes. I've made an enquiry but no answer. Thank you

My partner & I moved back to Ireland in Jan 2025 having lived in the UK for the past 5.

As there is some overlap between Irelands calendar year tax year & the UK's Apr-Apr one, I'm not sure which country we're tax resident in from 01/2025 - 04/2025 - is it UK or both?

We also have ISAs that, on reading some of the posts in this sub, we likely should have sold before moving back. Is it really the case that Dec 2024 we could have sold them & brought cash tax free but now that we're here, if we sell - we have to pay tax on the gain since they were opened?

Cheers!

Hi

If someone had a debt judgment in Ireland for a defaulted loan plus interest accrued and legal costs awarded against them

What interest rate is awarded on the debt judgment

Is it 2 percent (used to be 8 percent)

Or is it 2 percent (used to be 8) and then another 8 percent for interest on the legal fees

Thanks

Hi,

I've an account with PTSB but recently I've been thinking of switching to a different bank. I heard rumours that they're shutting down branches (never a good sign) or planning to and have heard people have bad experiences with their mortgages there. I'm also not happy with the cashback policy as I mostly pay my day-to-day expenses with my revolut card because it works better for my budgeting.

I've been thinking of opening a bank account with AIB, the only thing is that I'm looking to buy a house in the next 2 years if I reach my saving goals so I want to open a bank account in the same bank where I'd be applying for a mortgage. Just thinking ahead.

Has anyone had any issues with AIB? Do you recommend it?

(Before anyone asks, I wouldn't use Revolut for savings and a mortgage)

I have a German tax number, when I theoretically sell my etf and pay tax here (Germany) will I be able to avoid the crazy etf tax in Ireland if I move back home?

Hi,

I am EU citizen, worked in US for few years, and returning to EU - targeting Ireland for family reasons.

I am a subject matter expert (SME) in a niche AI/ML field, with +10 years experience. I am exploring options to start contracting, while being in Ireland. I find that contracting in Ireland allows to branch out into richer offerings such as expert consulting, overseas (US) clients, contracts in EU, etc. 

For those of you who are seasoned contractors, what is your setup like in Ireland?. Did you start a company (offering consulting services) or did you you charge as self-employed?. I appreciate any expert advise.

Since I will be moving to be closer to family, without a big network in Ireland, I would like to know the following:

1/ Do you recommend any articles, site, book that explain how to setup a legal status in Ireland when doing consulting overseas.

2/ Do you recommend any tax consultants, accountant planners, that handle these stuffs.

I am currently listening to https://www.firepodcast.ie/ Podcast, he is web developer who explain how he manages contractors, but there is little information on the web of this sort of things.

Can someone explain the disadvantages of the Help to Buy scheme and are there hidden costs over the life time of your mortgage? I am trying to understand the cons because you don't get money for free in this world!

Am I correct in thinking you end up paying more in interest on your mortgage because you have to take out the loan for the full term available to you if you avail of Help to Buy?

It's a great cash injection especially for self builders but there has to be a downside. This article mostly covers the First Home Scheme with some reference to HTB but I'm not clear of the cons of HTB

https://www.independent.ie/irish-news/home-buyers-warned-of-debt-timebomb-as-state-supports-speed-up-house-price-growth/a115252336.html

Would appreciate advice from anyone that’s been through this… I’ve googled this but couldn’t find a clear cut straight answer.. what are the tax implications of getting a 2nd redundancy payment within the last 10 years and is there any possible way of minimising it?

Also, I was planning to take a bit of a break before returning to work straight away, I’ve never had more than 2 weeks off in my life, am I entitled to claim some of my taxes back in the form of jobseekers straight away or is there a penalty/waiting period because I’ve gotten redundancy? It’s not voluntary - the company I work for are closing the branch I work for… thanks

Hi All, would like your opinion. I have the option of putting a lump sum in investments. I will add 1000 a month for 16 years (age 50 by then). I currently do this to a savings account. With the 41% CGT at the end - am i better leaving in savings or investing? Would like your opinions

I bought a house in the midlands last year, 1970s 3 bed bungalow 170sqm with a BER rating of D2. It has suspended timber floors with very little insulation throughout the house, some in attic but no insulation in the cavity walls. The windows & doors were replaced in 2016 and are in good condition (double glazed).

I am going to renovate and have quote for 78k.

Is this a good price for the work being done? Would you recommend anything to add or watch out for in your experience?

-Strip out and remove timber floors, Remove the kitchen floor & from 1 bedroom (concrete) -Insulate the floor 150mm and pour concrete/screed, -Replace single pane corner window, also knock out and bring down to floor level (picture frame window) -Dryline all external walls with 62mm insulated board. -Fit new kitchen door to attached garage -Knock out sitting room wall to kitchen and put in rsj -Knock out main bathroom wall to make it larger and make the hot press smaller. -Full 1st and 2nd fix replumb with underfloor heating and heat pump.

Breakdown here-

Works Including *Removal of suspended timber floor areas. *Install hardcore 150mm insulation and concrete screed *Knock existing kitchen & sitting room walls and fitting steel as required *Stud wall for hallway *Knock hot press wall & new stud wall to main bathroom *Kitchen window to be cut to floor level and new PVC window *New PVC full glass kitchen door to garage *62mm Insulated board to all external walls *Re skimming external walls and areas affected by demo works

32,760.00

Removing concrete floor sections, fitting subfloor, 150mm insulation and liquid screed Supply and install of joule ATW heat pump with underfloor heating, 1st and 2nd fix plumbing works

35,730.00

Qty: 1 x 35,730.00

VAT: 4,823.55 (Reduced Rate 13.50%)

PDF

Total Net68,490.00

Total VAT9,246.15

Total2 items€77,736.15

I’ve looked at the flow chart but that seems to be more oriented towards older people. I have no debt, car payed, emergency fund and a few grand in Jam and other blue chips but I’m not sure what to do now that I’ve gotten my 50% raise up to 38k.

I plan on leaving Ireland in the next few years so I’m not sure buying a gaf or investing heavily is worthwhile. I don’t have a pension but also same again I’m worried about low returns/DD and taxes making it worse than other options.

I’m currently work full-time, but I’m only scheduled for 38 hours a week. I’ve been thinking about picking up a part-time job to make some extra money, but I’m a little worried about how it’ll affect my taxes. I don’t want to end up working more just to have a bigger chunk taken out of my paycheck.

For anyone who’s done this before—was it worth it? Did the extra taxes make a huge difference, or did it still end up being beneficial? Any advice would be appreciated!

LADS THANKS FOR THE HELP

So it’s worth it to do more hours 🫡