Search results

so if you have 000's of losses from say Anglo shares that were made worthless then once you have gains that exceed that then you get the annual allowance. AIB losses have to be realised, they were not deemed worthless so you have to physically sell the shares.

losses must first be used before you claim your annual exemption,

Would you pay 43k for the car if you could buy brand new for 46k?

You paid 46k and you think after nearly 1 year should be 43k, don't think so, 40k seems generous,

The difference is interest on the interest for 1 or 2 months, hardly makes much of a difference, Take 100k, interest is 3k a year, 250 a month, so if capitalised monthly then you would get 250 @3% for an extra 2 months and then 250 @ 3% for 1 month, your talking less than €2.50 for the above or...

I don't think it costs the same either way, Take example gross premium is 1000, you pay yourself 800, if through the company you increase your taxable income by 1000, pay tax on it and take tax relief at source as a deduction, That's the way I think it works, so paying yourself costs 800...

Hi Sue Ellen, Our health Insurance is up the end of Feb, myself and my wife are with Laya Simply Connect and we have a young Adult (19) and a Child (15) who are on Simply Connect plus, last year the policy net was 3780 but this is up to 4430, as our policy is up 230 each, the young adult 125...

If you have a wife/partner and the person giving it also does, then each could give you both 2k under annual gift allowance and no tax liability, as its3k per person from as many people per year

When leaving you could look to get the policy into your own name, but these policies normally cover say 50% of salary but that would be based on old salary, with maybe an inflation linked amount, but that would also increase the annual premium. Its also job specific, so someone working in in...

Income protection paid by an employer would only cover you whilst working for that employer. When you leave they will stop paying the premium and you can't subsequently claim under it, it will be a lapsed policy.

The tax deducted is cumulative for most, so when she is not working/earning then those allowances are aggregated and next salary full calculation is made less what's been paid to date. It's not really a rebate, it's just your assumed to earn your income evenly over 12 months so allowances...

but if she was receiving mat benefit and being topped up by employer, so surely some/all has been liable to tax, so if she went on unpaid leave then whilst you could use some of her tax credits, your total income would be down net, but as she is going on unpaid at the end of march, she has some...

what would the repayment be on 50k borrowed, if not at mortgage rates but say 7/8% thats your 350 per month that you have available just to pay the interest, repayments on 50k for say 10 years at 6% would be over 550 per month, at 5% its 530 pm, so cant see how you can repay it with only 350...

where is the registered office for the Ltd Company, if tis the same address as your home, then I think it shaky grounds to say you are working from home so get the allowance, when the home is also the registered office of the Ltd Co. do you claim any allowance in Companys books for household...

Also services very limited in the branch, I went in to one where my current account is, and wanted to transfer money to Raisin, told in branch can only transfer to another EBS account, couldn't transfer online due to 5k daily limit, so services offered in branch seem to be very limited.

Did you make the transfer yourself or via branch, hard to see how sending bank is responsible if you made transfer to incorrect account, and with check digits in account numbers hard to make a mistake in the account number, as if you used Iban then you must have given the full incorrect number...

It maybe exempt, if its income earned and taxed abroad whilst you were non resident and not liable to tax in Ireland then I would not have thought bringing it back would attract taxes, and if it did then I would assume it would be income rather than capital gains. When did you earn it, when did...

You are restricted on what % you can put in your own pension as a worker, but executive pension no such restrictions. Depends what type of company, and what they are doing but some advantages when contracting to use a ltd rather than am employee

It was more tongue in cheek, as I'd doubt they would put it in writing, as my reading was cash and investments wouldn't be included, but really tax advice should be received whether from an accountant or advisor so if revenue challenge and win you have someone to go after. I'm not a tax expert...

From revenue website Revised Entrepreneur Relief Note This relief replaced the Entrepreneur Relief that applied for the years 2014 and 2015. This relief gives a CGT rate of 10% on gains from the disposal of qualifying business assets. This is reduced from the normal rate of 33%. The rate is...