Search results

Sorry if this was covered before. I’m vat registered and purchased some items from Amazon in December. Invoice was over €300. No vat charged by Amazon as I provided my vat number. They did charge import fee. Is the vat included in import fee? Do I have to pay additional vat or can I claim...

No sorry I’m talking about US, forget the Uk bit. I have invoice from supplier in US.

Thank you. So just put it on T2 and goods imported from non eu countries? No value of goods given on fed-ex invoice but the vat does seem less that 23% of the value of goods. Is this how Uk vat works now too. ?

I have started to import some goods from the US and they are using fed-ex. I receive an invoice from fed-ex and pay customs duty and vat on the goods to them. I am registered for vat and income tax here. Is is possible to reclaim the duty or the vat. If so, how.

It’s a sole trader not a company. I’m not sure if the hardship thing works any more maybe it does, but I know of a sole trader that claimed it years ago, started a new trade last year, started a small dd paying it back and was told rest would be taken from his estate when he dies.

Dave you said 20 years between them. So if that’s 10 each I think Brendans calculations are for 20 years each, that would reduce max to 23000 and maybe they had been on less than 600 so might be less. If it was only 23k max maybe he could get the seller to reduce the price of the business by...

The gentleman is 86, no children so his residence, 2 rental properties, farm and I assume cash will be left to nieces/nephews or non relatives when he dies. Thresholds in any of these cases isn’t too high and once they go above threshold pay tax at 33%. I know having a conversation about what...

Timjoe - If your relative was a sole trader have you any idea why she had her accounts audited ? I know you described her as an uneducated lady but she was running her own business and earning over €40000 per annum which is a very good salary so even though uneducated she was obviously a smart...

Yes you’d claim capital allowances on it 12.5% per annum for 8 years.

First €100 or €200? Also if they have any savings is her payment reduced euro for euro on her share? maybe 50/50 with the rent might be best idea.

Yes if rental property was returned in her name they would pay 54300 @ 20%. Also she would be exempt from usc which he would have paid @4.5%. Therefore they would save €2450.

Don’t know your situation but it must be hard not being able to have a better relationship with a young relative you obviously care about. Maybe you could google clothes shops in his area that sell clothes for his age group or for a shop like GameStop if he is into that.

That’s fair enough, a lot of companies give vouchers now as bonus as they are tax free.

An employer can give an employee a voucher up to the value of €500 once per year. If you had taken the bonus as1 €500 voucher last week of December and another one first week of January together with €310 cash you would only have paid €150 tax.

Given your former partner is not working at present and is unable to contribute financially towards the child can he mind the child the days you are at work? If you earn €44000 gross per annum you would take home €3013 per month. If you suffer from depression maybe you might be better to work...

Maybe something to consider as well would be how fair deal scheme would effect you should your father require nursing home care for a few years in future.

Thank you. Looks like I got paid for 31st December then but not for 24th December, maybe I was due nothing for 24th. Thanks

I claimed Pup for a month last April. I am self employed. Had to reapply and received payment on 24th December and was expecting another payment on 31st December but received nothing. Has this happened to anyone else? I don’t know if I need to reapply or has payment been stopped for some reason...

Hi Brendan, I registered somebody lately and was told it would take over 6 weeks before they would get a vat number. I phoned revenue and asked could we just assume vat number would be same as company number and start charging from date of registration. I was told they could not charge vat...

15 and 16 year old may decide to go to third level in 2 or 3 years time. Will probably cost 3500 each per annum in fees alone, accommodation too on top of that depending on where they go, have you anything saved towards that?