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I have deposits with two German Banks. I told them that I am an Irish resident and asked to be exempt from German deposit interest tax. So I pay no tax in Germany on my deposit interest and pay the full DIRT in Ireland. You should let the German bank know that you are not tax resident in Germany...

My views/experience. I am not a tax consultant, so do your own verification 1) In theory, I think you should. In practice, probably not required. I've a monthly plan set up with Trade Republic. I reported the first purchase date in the year and the full amount of all purchases in the year. I...

Presumably you could put, say, 80% of your bonus into your pension and keep 20% to cover the PRSI and USC.

I have the iTunes app running on a Windows 10 laptop. I've bought a few songs/albums from them. They're not mp3 files, but m4a files. I believe that most mp3 players will be able to play them. I use the Musicolet app on an Android phone and it can play them no problem (app for playing local...

I submitted Form 11 a few days ago and the EU deposit interest tax was correctly calculated at 33%. I also had to pay PRSI at 4% on the EU deposit interest. I.e. same as many people using Form 11 have previously reported. Looks like the calculation error only relates to whatever back-end...

All your old pensions look very small. If you have decent-sized pensions from previous employments, it can be worth keeping them separate. But for small pensions that may have large charges, it would probably be worth it to try to transfer them in to your current occupational scheme. It's a pain...

I'd agree with the others who suggest that you focus on the house. Every year you wait decreases the length of the mortgage that the banks will give you. If you're not ready to purchase now, at least continue saving to increase the potential deposit, rather than locking the money away in a...

Are you planning on purchasing a house? If so, what price range? How much would you plan to borrow? And for this amount, how would the repayments compare with your current rent? I think this is important to factor into your decision.

As mentioned in another thread, if you changed jobs in 2023 then it would affect the max contribution limit that you get tax relief on. And if you changed jobs in 2024, then you can't make any contribution for 2023 any more (as I understand it).

Is he the "second earner" in your family? A single person starts paying 40% income tax on any income over €42,000 A married person (sole or "first" earner) starts paying 40% income tax on any income over €51,000 The second earner in a married couple starts paying 40% income tax on any income...

What Irish deposit interest ??? 2023 is probably the first year the Irish banks offered anything. And I guess many people with their money in Trade Republic, Raisin etc, probably don't have any money in an Irish deposit account.

And re-check the NTC website. When I first checked in early January, the first available date was in June. When I checked again a few days later, I got a date in mid February. Also, you can ring them to get an earlier date if your NCT has expired.

Because in real life, nothing is guaranteed. When Cyprus went through their financial crisis a few years after Ireland, large depositors lost some money. I don't know the details, but I think values over €100,000 were converted to equity, which presumably fell in value. The €100k limit gives...

When you leave the company you should get a "leaving service letter" from the pension administrators with the options. If you have less than two years pension contributions, the employer is entitled to take his contributions back. And AFAIK most employers will take their own contributions back...

It's a long time since I registered for Form 11. But looking at the options now, I would select "individual or company", then select "income tax" from the drop-down and then enter your PPSN. Alternatively, you could try selecting "DIRT" from the drop-down.

See section 4.1.1 (page 5) of Part 27-04-01: Offshore Funds: Taxation of Income and Gains from EU, EEA and OECD member states. It says: "Where a person acquires a material interest in an ‘equivalent’ offshore fund in the EU/EEA/OECD, that person is a chargeable person for that period. This means...

I'd agree with delta_bravo. If I wanted to avoid hassle, I'd go with one of the Zurich funds largely/fully exposed to developed world equity (I assume they have something like that) from one of the execution-only brokers. Ideally I'd look for a fund that passively tracks a major index like the...

I know I said it's best to just invest in one ETF. But if you're planning on holding for the long term, and are looking for something reasonably conservative, then you could look at two different ETFs to reduce your US exposure. The MSCI World has very little Eurozone exposure. Looking at the...

I had a similar situation with one employer. They offered a PRSA and were willing to make an employer contribution to it. Like you, there was 95% allocation rate, which I think is pretty poor. You're losing 5% of every monthly contribution. The PRSA legislation states that the commission can not...

And yes, the tax is a pain. My advice (which I didn't follow myself as I didn't appreciate it at the time) is to stick to a single ETF that is as well diversified as your risk appetite. You can't offset losses on one ETF against gains on another ETF for tax purposes (unlike direct shares). So...