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Provided you do an income tax return before 31 october you should be fine.

[broken link removed] You should find this site quite usefull. It not all bad but it is not all perfect either.

Hi Palerider Yes it is correct HC will apply. Where you may be getting confused is the income levy will not apply to taxed interest but HC will.

But also remember the rate may be different if sold as part of a package! Which trainning often is.

Yes it is the net value of what is being inherited that will be the value for CAT purposes. So the value for CAT will be €110,000

Depends on the exact type of trainning and where, how it is povided. Is the trainning provided as part of a package? ie software and trainning? Is it call room type trainning (aducational/ vocational)?

I assume you are aware that your €1,080 rent is taxable in Spain with no deduction for the interest portion of the mortgage. Non Residents in spain can not claim a deduction for interst against rental income. I believe this is another reason why you should consider selling one property to...

Well done. you appear to be on the right track and hopefully something will start to pick up. At least all your property in not in the republic as your sterling exposure may prove the thing that gets you through.

Agreed there is no point in having pension benefits in the future which prevent you from doing thing now you wish to do like move house. you should shut the gap between savings and negative equity amount.

One other thing- Make sure the hours worked is not greater than those permitted under labout law as the employee is only 16, the hours are limited

Graham's advice is super. I think he has covered all the main points. I particularly think you need to consider whether you need to make a voluntary disclosure.

There should be no tax problem with the gift unless the reciever hace recieved prior gift higher that the class thresholds. If first gift recieved then no problem. However if the father is selling some asset in order to get the €120K then this may give rise rto tax for him

Yes if you use it for your sole trade. But beware does the landlord allow you carry on a trade in the property.

Simplies will probably be to incorporated in the company you are invoicing as less likely to have to deal with withholding taxes etc. Note that US rules are based on country of incorporation but most if not all EU follow the de beer's case and tax based on where the company is resident. This...

Re: Setting a loss on a commercial property against a gain on a residential investmen Agreed. It should make no difference mixing commercial and residential as all Case V. If one property was not Irish then offcourse you could not offset as one would be Case V and the other Case III

Hi Silica, I believe that Irish resident do qualify for a tax free allowance of approx £5000 in the UK. The reverse is not true for UK individuals with Irish rental income. However you should have registered with the Uk authorities as a non resident landlordv as otherwise there is an...

I agree with a lot of what is been said. But. If 0% interest deductibility becomes the norm. I have little doubt in time this will result in rent increase as landlord decide it is not worth renting. Some one mentioned above the OP does not have 5 investment properties but rather five mortgages...

agree 100% Other scenario's like living somewhere else for work reasons etc. only come into play if you have resided in the property which the op never has. Intention to reside is not sufficent.

Sorry to here of your hassle. I dont think you have any hope of having the case heard in Ireland as it relates to UK property it is likely the contract is subject to UK law. If though it might be an Irish developer as i have heard of one Irish developer in the UK taking this course of action.

Yes this is a part disposal. You can set of loss plus the 1270 annual deduction