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Thanks for responses...upfront cost is not too bad...ive shopped around and they are more reasonable than i thought..even the good brands so no worries on that front. Im also working all day till about 730 in evening so ill only b using it for a couple of hours in evening before bed. Ill get a...

hi all just want to make sure I am doing my sums correct. someone maybe able to help me. im looking to get a plug in electric heater as a supplementary heat source to one of my rooms this winter (it is already heated by a rad but can still be nippy). I know electric heaters are expensive to run...

Dear all I have been unfortunate to have had water leak problems in a small downstairs loo in the past couple of years. The problem was coming from the sewer\waste pipe overhead. There was some shoddy workmanship which led to a few leaks over time. Water has covered the plasterboard, the...

Anybody know any company that fixes shower doors...the connection at the top (that guides the door along the roller and keeps it in place against the frame) snapped off...so the door closes but when you let go of it, it kinda opens again.. any handyman even that would be able to have a stab at...

Hi all... I am completely useless with TVs and getting frustrated. I basically have 2 older large tvs (sony lcds manufactuered in 2005 so not too old).they are probably the first of the flatscreens. I thought maybe naively that i could just stick a "one for all" indoor antenna into the back and...

Thanks gordon

My father wants to will 30k to his 3 year old grandchild via discretionary will trust. I understand that this trust will be exempt from the 6% initial tax and the 1% trust tax thereafter because it is solely setup for the benefit of a minor. Am I correct in my understanding?

Thanks Ravima...but really, did you have to state something so ridiculously obvious? This is a forum wherby people give advice based on their own understandings,knowledge and experience (which of course does not in anyway replace professional advice). So please use it as Forum If you have...

Hi there Just wondering is there a legal instrument wherby a father can gift land to his children but retain a right to use the land until he dies (similar to a "right of residence" for a house). He wants to pass the land absolute to us now (but be protected with a right of "use" until he...

Thanks Rob. Main reasons we didn't want to do it now; To give us all control of the land. Basically 2 of the siblings are certain we want to sell up when our father dies. the other sibling "possibly" wants to keep his share. We felt having our names on all of it meant the sibling with a...

hello all and i hope someone can offer some guidance. we are in the process of transferring the family land from my father to us (3 children). there are 61.5 acres of agricultural land. Working it all out we worked out and agreed on a percentage split that avoids gift tax. the percentage split...

hello, just wondering does anyone know is it possible to gift an asset (e.g small piece of land) to a minor, a 3 year old child? if so how does it work?

Hi all...hope someone can tell me if I am going correct on my CAT calculation as follows 1. Received gift of €200k in 2007 less 2 small gift exemptions from parents = €194k. 2. Receive gift of €203k this year (2016) less 1 small gift exemption from parent = €200k. My CAT calculation for this...

great, thank you

Interesting Gordon, thank you....the €90k gift I received back in 2007 was from my parents ( a site to build my house). They were both joint owners of the land at the time (my mother has since passed, RIP). So what you are saying is I can put the value of the site for aggregation as €84k in...

thanks Jon, I couldn't see any examples on Revenue of how it worked so just wanted to double check.

Hello, just wanted opinions on the small gift exemption. If I received a gift valued at €90k say in 2007 and a gift of say €300k today in 2016, can I claim the first €3k from both the €90k and the €300k when doing aggregation, i.e so the taxable values used for aggregation are €87k and €297k?

thanks guys..i figured as much there is no way out of it. T, the building (shed almost) was bought in 1987 for 4000 punts = €5079. indexed value = (5079x1.583=8040) CGT = 38000-8040-2409(Solicitors fees)-2800(auctioneer fee) = 24751...

hi hope someone can advise me ( i am an accountant looking for a second opinion) friend of mine sold a small building he used for his trade in april this year. consideration was 38k. I worked out CGT liability of 6.8k. Just wanted to see if he might qualify for retirement relief on the...

Well the emails were only sent last week. I really think it is just bad timing on my part, the permanent job exists. Someone else will be hired if I'm not and was gettin on well there. I'd just b happy if They let me work till the end of the contract and at least b able to still get a good...