Does it count the same way? Ie: tax free up to 400k?

This is in relation to claiming the rent tax credit.

What's the story with a rental agreement that is inclusive of bills? How do you calculate the rent if you've no oversight of the bills? Do you need to distinguish this when claiming on revenue? The answer is not online as far as I cam see...typical.

i’m going to open a bank account soon and I was wondering are there any differences between the two main banks? which one is better?

I heard that AIB has a better app, has instant transfers to revolut, and is more convenient but i’m not too sure.

Can someone help?

Hello, I've received news that my father is going to pass away sometime in the next few months. It's just me and him and home, I'm in my mid - twenties. I'm postponing my PHD so that I can be with him for the last however long we have. I have no siblings and my mother also passed a few years ago.

Due to the postponement of my PHD, I will have no income. I have been searching about any way I can receive income to support myself, and am not sure what I'm entitled to to be honest. I've tried to make sense of it, but I'm still uncertain.

I would greatly appreciate it if anybody could help me understand or nudge me in the right direction. Thank you

Hi, wanted to canvass opinion here on strategies for making the most of the 6k tax free gift to children each year. Of course I’ll seek professional advice but keen to hear what approaches others might have taken rather than the putting it in an Irish savings account with minimal returns.

Eg set up an investment fund in the child’s name, or just set up an investment fund and put up to 6k per year into it for gifting to the child in adulthood. How could we ensure that the up to 6k per annum when gifted later in life wouldn’t could against the 400k tax free inheritance amount for children etc.

Title. Anybody else have issues with their transfers to TR earlier this week?

Mine is a scheduled SO, sent on Thursday, but not received yet. Shown as completed by my bank here.

Looking at buying a used car, a 2020 with very low mileage (30,000km)

The garage took it in in August 2022, and it became available for sale in Jan 2023. Hasn't sold now for nearly 2 years. The garage is a big brand dealership. The same brand as the car in question

I reckon it was priced too high. Seems to be I'm excellent condition. Will be serviced before being sold also.

Since being taken in by the garage it has been driven for ~7,000km according to service history records

Any thoughts on wether these factors should be red flags? Or any other thoughts in general around this case as to why it hasn't sold?

Hello: I'm super new to this all. I wanted to start 2025 with my first investment. As you might know there is a lot of information to be assimilate. One of my first questions was how to avoid the 30-55% tax on dividens. PRSA comes into my feed. It says that have low % tax plus a 1% yearly on total of the saving with is way much more reasonable.

My questions are:

Can I open a PRSA and invest here putting the dividends going directly to this PRSA? So I don't get charged huge taxes? Or they will deposit the dividends in this app and then I can freely send it to my PRSA? I wanted to know more or less how all this works.

Thanks a lot guys. Appreciate the answers beforehand!. Have a good weekend everyone

Hello I would like to invest in the S&P 500 accumulating ETF on Trading 212 but there’s a London stock exchange one and an Italian Borsa one. I’m wondering as an Irish resident which one to choose going forward. Would the Italian one be better as its in euro which avoid the fx fee?

Thanks And I know about DD and all that.

I'm sure theyre somewhere in myaccount page but i can't seem to find them

Hi all,

Does anyone know the best (lowest cost) option for adding to a vanguard pension fund?

I have about 200k in a few pensions, Id like to move all to a Vanguard global stock index pension fund + add about 4/5k each month.

I have a company and approx I expect to take ... about 50k wages in 2025 + add about this (50k) to pension as well. So 100k co profit, 50k to wages, 50k to pension.

Love to hear any ideas on the best way to do this?

Thanks in advance!

I’m going to be working for a UK company in Northern Ireland. At the moment I’m paying taxes in Ireland and work for an Irish company.

Is there anything I should be aware of? Should I keep my Irish address or should I just move everything to Northern Ireland? (I’d like a good deal on a car).

Also; will I need to file two tax returns?

Thank you

I own an investment property jointly with a sibling. We bought it c 18 years ago.

It's sold now and will close in next few weeks. Will sell for approx 20k more than we paid for it initially..mortgage has been paid in full every month.

How is the CGT dealt with as siblings. I know because of date of purchase I am not entitled to indexation relief. Once the auctioneer and legal fees as well as some work we did to it are accounted for there is maybe 3k of a gain

Do we each get the 1270 CGT allowance? Do I just halve the gain and include 50% in my own tax return on ROS We would never have done a joint tax return on the property. Was rented intermittently and any year it was I would just have put full rent amount in my tax return as there was no liability due to other interest costs etc..

Tks for any advice

Here's my situation: I recently switched jobs from one company (Cpl different branch) to another (CPL different branch). However, I'm facing a payroll issue. Since I still have an outstanding paycheck from my previous job, my new cpl employer is unable to process my current paycheck until the previous one clears. This is causing a delay in my income. My concern is that this delay might result in higher taxes due to the lump sum payment I'll receive. I'm worried about the potential tax implications of this situation. Any advice on how to handle this and potentially minimize the tax impact would be greatly appreciated.

This was not mentioned to me during the hiring process and I just found out recently. Would that mean I would be losing out a lot of my income to the tax man for something that was not my fault?

Hi, If I have individual stocks, bought through Degiro for example and I become non-Irish resident. Do I have to pay some sort of exit tax, or would I simply be taxed on disposal within the rules of the new country I'm moving in? (Talking specifically about common stocks, picked individually - basically, the ones that requires CGT on disposal in Ireland). Appreciate if you could share some links that backs up your shared thoughts. Cheers!

My aunt just informed me that she is leaving her €200,000 home in her will, the house being split 50/50 between myself and my brother.

My aunt is single and has no children. I have never lived in this house , nor do i plan to, I also haven't worked as a carer for her or been in business with her.

I am married with 1 child, and I have a mortgage with my wife.

My brother is living in Oz and I am guessing he will struggle to raise any capital gains funds to claim his half of the house if required. I don't think he will want to keep the house either.

The house has potential to be a solid rental property, ideally I would like to buy my brother out of his half portion of the house in a clean break.

What is the most tax efficient, cost effective way for me to get full ownership of this house?

I just want to know before I start putting money into it (I’m looking for long term investment)

Sitting with a friend here and she can’t make heads nor tails of her tax . She’s working 17.5 hours/wk and taxed around 26€ a week she’s on minimum wage . Is this correct amount or close to what it should be based off her hours ?

Is anyone still having issues accessing their account or haven’t received pay today?

Still can’t access my app and no idea if I’ve been paid after this was supposed to be fixed by “mid morning”. Fucking shower 😡

I had a look on revenue on reasons you may be changed from cumulative to week 1 but none of the given reasons apply to me. I am also waiting to hear back from revenue. My job is registered as active and old job ceased on revenue. My first few payslips were cumulative but the week 1 tax basis only started showing on my payslips when I went into shift work at 25% for nights, evenings,days.

Anyone able to share their knowledge on this?

Hi, hoping I can get some help about job seekers benefit payment I only recently signed on (past couple weeks) and I already had a holiday planned from 16th December to 13th January. Will my payment be completely suspended/have to re apply when I return? I know it says you are entitled to two weeks hplidays each calendar year but unsure if this will be okay for me as it is 4 weeks in total and also only recently signed on. The payments for Xmas are double payment on 18th December (for 18th and 25th) and then payment on 31st instead of 1st jan. Any help would be great I know I have to submit holiday request also wondering because it's a double payment on 18th could I potentially input that I'm only away that week and then the first two weeks in Jan? Do they look for any proof of flights etc? I also have my sign on day in January week before l'm home so l will have to call to reschedule, hoping they won't give me bother with taking holidays. Any help is greatly appreciated.

In theory, can someone block receiving payments from a specific IBAN / account via their bank?

Hi, just got my November payslip and it shows -1€ tax paid field, resulting in a paycheque of 300€ more, is this some tax credit thing that I fail to understand? (This is my first full year working in Ireland).

Edit: It’s the rent tax credit that got amended from 750€ to 1000€, I though it was going to start taking place from 2025!

Hi. I applied for a rent tax credit for 2024. It shows 1000€ credit. How it's applied? It's only 1 month left of the year. I got a lump sum for 2023.

My widowed mother wants to sell her house and split the money between my 3 brothers and i.

She is moving in with her sister who has a granny flat and she will have better company as currently living alone my brothers and i are all in our 40's.

My Question is are their any tax implications if she does this and say deposits 50k in my account after the sale. i am looking to buy a house myself and i always hear of the "Parents gift" is this that thing ?

Trying Irish life for mortgage protection (bank recommended) Just looking to hear if anyone else here has had issue with them making payment to GP?

The process even for getting a quote has taken over a month and a half and I’m still waiting for them to pay my GP for medical questionnaire which has been ready for the last two weeks.

Have started new applications with a few other providers but was hoping to get sorted by now.

Hi guys! I (F, 26) have a question about the CCR. My finances have been absolutely shocking the past 3 years and I’m finally starting to cop on to myself. I once missed a payment for a loan from BOI for 150 euro (I’m embarrassed even writing that) and I missed another payment of 300 euro for a credit unit loan. I’ve worked hard and paid off the BOI loan and I’m cleaning the credit union loan and building up my savings. I’d love to be in a position to apply for a mortgage in the next few years but I’m worried that the missed payments will affect that. On one of the letters about the missed repayments it said something like the bank had to tell the CCR about ‘credit facilities of 500 or more’? Does anyone have any information on this? Thank you x

Hi,

I have a peculiar problem and am unsure if there's a real solution.

I sent a package via An Post using a nickname (my middle name and mother's maiden name). Unfortunately, the package was deemed lost in transit. As compensation, An Post sent me a cheque with "A/C Payee Only" written on it, but they issued it in the nickname I used when posting the package.

When I tried lodging the cheque into my Bank of Ireland account, they refused it because the name on the cheque does not match the name on my account. I contacted An Post to ask if they could reissue the cheque under the correct name, but they refused.

Am I now stuck with a useless cheque? The package was very valuable, and so is the cheque. I feel completely unsure about what to do and as though I’m out of options.

TL;dr I have lived in Asia for the past 10 years, I never worked in Ireland but I am Irish.

The country I am in(China) has a bunch of restrictions on stock market investments, especially by foreigners.

I have a decent chunk of cash sitting in Ireland, I am somewhat struggling to figure out how I can better invest it. Is there anybody in a similar situation or anybody with advice?

Was looking through the attic and found a dozen prize bonds dating back to early 2000s, has anybody had experience with cashing them in?