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  1. K

    Redundancy payment; wait 9 weeks to claim JB?

    thanks truthseeker, very comprehensive. I'll wait out the 9 weeks so.
  2. K

    Redundancy payment; wait 9 weeks to claim JB?

    I was made redundant a few weeks back and received a lump sum of 107k, (96k after tax). I see that I'm not entitled to any JB payments for 9 weeks due to the size of this payment - the question I have is should I register with the Dept of SW now (in order to keep my social insurance record...
  3. K

    TRax on redundancy payemnt

    definitely, I just went through redundancy myself and ended up paying approx 11k tax on a 107k payment using the SCSB method. 11 years service. Will also get maybe 3k back in top-slicing relief. I did waive my right to a pension lump-sum however which gave me an extra 4k now. On a PV basis...
  4. K

    Escaping the new pensions levy?

    I will be working for a UK company (but based in Ireland) from about October, this might help? (on the other hand, I don't want to be exposed to the currency risk of having my pension fund in GBP and my outgoings in EUR)
  5. K

    Query re. SCSB calculation

    I have a relatively simple query regarding the SCSB calculation formula for redundancy payments. i.e. (average annual earnings over the previous 3 years * number of years service/15) - lump sum pension benefit receivable = tax-free amount I will be made redundant in September and will be...
  6. K

    Escaping the new pensions levy?

    Bank deposits are highly portable, we can move them abroad with a little bit of paperwork followed by a few mouse clicks (and indeed, many people have chosen to do so). Now that the government has decided that private pension funds are to be looted here, do similar rules apply to them? Could...
  7. K

    Working from Ireland for a UK company

    yes, either would be fine with both parties (within reason and assuming no drastic tax implications on either side). I will be an employee of theirs in Ireland until their Irish operation closes later this year, hence this is not a 'new employee' type situation and both sides are open to...
  8. K

    Working from Ireland for a UK company

    I have been offered some work as follows: I am based in Ireland but would work for a UK company for a fixed term (most likely 12 months). Most of this work can be done remotely so the likelihood is that I would be in the UK for no more than approximately 6 days per month. During this 12...
  9. K

    Wrong forum Wireless alarms - questions

    we live in a fairly standard 3-bed house in Dublin and 'inherited' an old wired alarm system from the previous owners. I suspect they installed it themselves as the wiring is all over the place (quite visible and ugly\intrusive). The alarm system has never worked properly and we have basically...
  10. K

    Passport application stuck in limbo

    that's comforting, mine registered 25/3 and no progress since
  11. K

    Morgan Kelly on Bank Robbers

    interesting that you link to an article where Lucey - shock, horror - admits he was wrong about something. Some other people could do with a dose of the same humility. It's hardly 'pointless' to credit people for correct analysis and to discredit people for incorrect analysis - which group...
  12. K

    Morgan Kelly on Bank Robbers

    just to make my point: the NAMA boss yesterday said that it was very likely that NAMA would demolish ghost estates. Story here. any comment?
  13. K

    Morgan Kelly on Bank Robbers

    I suspect if we were to look objectively at people's analysis over the last 4 years or so and fact-check it for accuracy and perception, Prof Kelly would be No 1 on the list of commentators. Honourable mentions would go to David MacWilliams, Alan Aherne, Constantin Gurgdiev, Brian Lucey The...
  14. K

    SCSB calculation; lump sum pension entitlement

    thanks, I got this done and with the PV discount applied, it comes to a pleasingly small number
  15. K

    Redundancy queries; employer negotiations

    I suppose so but 1200 per year of service is not large in the context of people's earnings in this company (wouldn't be anywhere near an average week's gross earnings for most of us)
  16. K

    SCSB calculation; lump sum pension entitlement

    I have been informed that I will be made redundant next summer (office closing down). We're currently in a consultation phase with the employer and they are offering me a bonus to stay on until the office closes (in order to facilitate an orderly wind-down of the company), plus a lump sum upon...
  17. K

    Redundancy queries; employer negotiations

    Background; our office is closing down, we are an offshore sub of a very profitable overseas corporate. The workforce is non-unionised. All are white-collar professionals on relatively high salaries. We know the date that the office will close for good - middle of next year. In order to...
  18. K

    TRS-Why decreasing?

    just to update on this; I finally got around to ringing the Revenue TRS helpline yesterday. A very pleasant woman answered and told me that they had mistakenly filed our mortgage as having commenced in 2003, not 2004 as is actually the case. She told me to email in the details and it would be...
  19. K

    TRS-Why decreasing?

    reading from the Revenue website, it should be 20% in year 6 (we bought in 2004 so this should be Year 6), up to a ceiling of €10k. We're FTBs. we're paying just over €1k p/m in mortgage interest so I think we should be getting relief as follows: €10k * 20% = €2,000 so our monthly relief...
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