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I went to Dowling Financial Services many years back to ask about mortgage options. While we didn't get one we found the advice invaluable. They also do pensions and if you google them you will see they have a very impressive 5 star reviews from c.250 people. Definitely one to consider imo.

According to the Form12: An individual with a PAYE source of income and with net assessable non-PAYE income (including income subject to DIRT), of €5,000 or more is regarded as a ‘chargeable person’ for Self-Assessment and must file a Form 11 for that year So if her income less expenses (not...

Maybe you are able to print the attached?

While you don't say it I am assuming you have been a PAYE employee since you gave up the taxi work. If it were me I would apply for the Digital Cert, submit the returns for those years (it will pre-populate with your PAYE income) and as there is no extra income the liabilities will be zero. Then...

Makes sense. Thanks folks.

Hi there. Is there particular guidance or a rule of thumb on if you are working from home as to how much Rent you could allow as an expenses. Say it's a couple. One is PAYE worker the other is self employed who works 4 days a week from home. If for example the rent is 700 per week I was...

I would simply ignore them both. One cancels out the other and you say it was a personal expense so should be ignored.

The Van wasn't used. They believe the van was tracked, they imported it, and then stolen before they had a chance to insure let alone use it. They'd even paid the VRT.

Hi there. Will check out with Revenue most likely anyhow but they're a bit slow sometimes these days.. A couple of things: If a business bought a van, and it got stolen before insured is it treated as a loss on disposal in Year 1? With Wear and Tear being 12.5% and the business buys a load of...

It's important to notify Revenue of same which I understand you can do through my account and then also you may already be aware of this but you can then apply for a year of marriage review for 2022 after the year ends.

If you separate you are entitled to an extra Tax Credit (SPCCC) and tax band goodness so I suggest you register as separated with Revenue asap. I don't see any benefit for you staying as jointly assessed. As the previous contributor mentioned spousal maintenance will be taxable if agreed as part...

I've always put it in under * Other Expenses (Total) on the Self Employed Income Tab

Sorry wasn't paying too much attention so apologies for the tardy reply. From Revenue https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/children/single-person-child-carer-credit/primary-and-secondary-claimants.aspx "Can both parents claim SPCCC? If you both meet the...

I have a couple of queries in with Revenue. A bog standard balancing statement I completed online is now about 3 weeks being processed...sent a enquiry through myenquiries a week ago asking about the delay but no response. Also put in a query for a friend (middle of January) because their wife...

If I recall correctly when you apply for your FRE you get it back at the higher rate of income tax you pay so effectively it is just a portion of same so you'll get a refund of €139 (20% marginal rate) or €278 (higher rate).

Yes. You can go in an Review Your Tax back for four years. So you can up to 31 Dec 2021 go back as far as 2017.

Hi there. I have been advising a friend of mine to claim the SPCCC credit. She is divorced, separately assessed, and she is the principal care giver to the (qualifying) child. She is self employed but when she asked her accountant about it he told her she doesn't qualify because she shares a...

Hi there. I have searched here and elsewhere but can't seem to get a clear steer on this. I know someone who wants to leave their serviced city centre office and build an office in the back of their garden (it won't be adjoining the house but access will be from the house through the garden)...