Search results

DAFT are behaving the same as the RTB did, when the number of new rental properties dramatically decreased. To protect their respective income streams ..... > The RTB moved from a single fee for multi-year leases to an annual fee for all leases. > DAFT simply trebled their prices.

I'm going to fill in a 2021 Form 11 return on ROS for my sister who runs a small B&B. Before I start, could someone give me some general guidance as to where I enter PUP income & Rent-A-Room Income. Thanks

You got that right!

Yes Brendan, that is even clearer - no room for ambiguity there!

Well Jim & JPD, my guess is that you are professionals, emersed in the system and are unable to 'see the wood from the trees' . It's so obvious to yourselves that to you are correct and I know that you are correct. A lay person reading this for the first time ... "Pay a minimum of 90% of the...

That's what I thought (and in fact really knew), but do you agree that Revenue's wording is somewhat ambiguous.

ROS Pay and File Payment Reminder Notice Dear Sir/Madam, As you are registered for Income Tax, you are required to file a self-assessed Income Tax return ............. Your payment obligations for 2022 are as follows: •Preliminary Income Tax for 2022 pay by 31 October 2022. Pay a minimum of...

Thanks peemac - That NF answer makes complete sense.

Thanks - The hidden chip suggestion seems the most likely. An exposed chip may only be necessary for a machine such as that found at a bank counter. I'll phone SW on Monday and report back here by Tuesday.

I just received my new PSC (Public Service Card) and I noticed that unlike my previous PSC, it has no chip. Am I correct in presuming that this is normal and that I will have no problems tapping on and off buses and the Luas?

Thanks AAA - No PRSI or USC or TAX greatly simplifies the situation.

I would appreciate it if someone some accountancy knowledge could do a rough calculation for me. THE SUBJECT: Retired person over 66 not in receipt of any State or Private pension. INCOME: The only income is €1,000 per month rent from a small country house with no mortgage. Gross Weekly income...

Thanks for the reply dublin67. I applied the Earned Income Tax Credit when filling in her ROS Form 11 return. She is definitely running the BnB as a trade (with only short term lets). Next year's return will be more complex as it will be comprised of a six month let and dozens of short term...

Does anyone know if the Earned Income Tax Credit of €1,650 (or 20% of your qualifying earned income), can be applied to Air BnB income. (The Air BnB is let out for 50 weeks a year). Revenue says it is not available against your passive income, such as rental income. According to PayLessTax.ie...

I think she'll do a DIY job this year! Thanks to everyone for the various inputs.

So Gordon, are you being flippant or are you really saying that she got good value?

My sister set up a small Air-BnB business with 2 units. This is her only income. She is single with no special circumstances. I set up a detailed spreadsheet for her first year's accounts. Every item of income and expenditure was entered and categorised under various headings. The percentage of...

Thank you very much Shirzman for the perfect on-topic reply. I just rang them and it's not an annual event. Printouts are accepted provided the name and address is showing.

Not working - No Change of means now or in the future. The original questions ... Is this a standard annual practice ? .... I presume that they will they accept print-outs.

A friend of mine who is almost 12 months into receiving the Non-Contributory State Pension, received a standard means test form. Is this a standard annual practice ? In response to the question "Do you have any capital - Bank Accounts/Savings ..." The answer must be YES (as almost everyone has...