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  1. M

    Self Employed and if so Tax Implications?

    Calling it a consultancy in a contract is one thing, but whether they are actually engaging you as an employee or a self-employed person is a question of fact. Apart from the name used to describe the relationship, is there anything else in the contract that would distinguish you from an...
  2. M

    SEAI grant and home improvement tax break

    See my reply on your other thread.
  3. M

    SEAI & Home Refurbishment Tax Break?

    Whoa there now, I think you're overstating the issue slightly here! The HRI is available on qualifying expenditure, with the credit only being available up to a maximum of €30k of such expenditure. Where a Govt grant is received, the amount of qualifying expenditure is reduced by 3 x the...
  4. M

    SEAI grant and home improvement tax break

    Yes, sure if you're claiming the HRI on one piece of expenditure, and you're claiming the grant on a different expenditure how could both not apply...
  5. M

    We won't be able to get the 20% deposit together

    Aggggggghhhhhhhh! we'll only want a mortgage of max 2.75 x combined incomes with both of us in permanent pensionable jobs but due to a couple of misfortunes in the last few years our savings have been seriously diminished. Getting the rest of the way to 20% of a property price, while already...
  6. M

    irish water

    How so? One is a utility, the other a relative luxury item.
  7. M

    Wear & Tear Allowances - confused - what exactly can be claimed?

    I think you've misread the OP Bronte! What you've said tallies with the OP, but you're disagreeing... :p
  8. M

    Need advice on expenses for rental

    I think a characteristic would be that the asset itself, i.e. the kitchen having been so removed would still be capable of being fitted elsewhere - that it wouldn't have been damaged beyond usefulness, and that it would actually be practical to install it somewhere else again. I said as much in...
  9. M

    irish water

    What a load of populist nonsense. Water is a utility, and paying for it is not a tax, any more than paying for your electricity, phone or gas. Or do you want "the rich" to pay for electricity, gas and TV for the rest of the population as well..? Try living Uzbekistan or North Korea if you...
  10. M

    Need advice on expenses for rental

    I'm not sure what your point is, are you suggesting because its common name is a fitted kitchen it must be a fitting for tax purposes? In which case I could see huge upsurge in the popularity of the fitted roof, the fitted chimney, and the fitted wall! :D
  11. M

    Need advice on expenses for rental

    2 different contexts. It's about degree of annexation. You could fit a central heating system but it wouldn't be a fitting.
  12. M

    Need advice on expenses for rental

    HMRC and Irish Revenue would be among those who agree with you and I.
  13. M

    Need advice on expenses for rental

    Again it depends, does it have a foundation, is it moveable etc, but there may be a case for W&T there.
  14. M

    Need advice on expenses for rental

    Re the kitchen, it depends on whether once fitted it becomes part of the fabric of the building. Generally a fitted kitchen would be regarded as a fixture (no W&T) rather than a fitting/chattel (and allowed for W&T).
  15. M

    self-employed income tax expenses

    A) No chance - you were paying to move HOME, that's a personal expense. If I took up a new PAYE job, or decided to move closer to my current one to reduce my commute, I wouldnt get a tax deduction for it, why should someone who happens to be self-employed? B) No chance - see 1 above. C)...
  16. M

    irish water

    Electricity supply has been opened up, with the infrastructure still owned by the State. Same with telephones - remember Telecom Eireann?! There's no reason why water supply should be any different in the long term, electricity is pretty much as essential as water these days - if the country...
  17. M

    CGT on unoccupied family home

    Just that, that's how you calculate it. Look it up in the guide to CGT on revenues website. It's called CGT1 - google it, find the PPR relief bit, read it and come back if you're not clear on it.
  18. M

    CGT on unoccupied family home

    Exempt proportion = (Period of occupation + last 12months of ownership) / total period of ownership.
  19. M

    Renting out a property (jointly owned)

    You don't do any of that. You each file a form 12 in the following year, and you claim your medical expenses etc at the same time and you make a payment for the balance, OR have the following year's tax credits reduced accordingly. No biggie.
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