As RedOnion said, there will be 2 letters, but they didn't come at the same time.
Once the break fee letter is generated, they should be able to tell you over the phone what the amount is.
I think I got the letter showing all the available options before the break fee letter so I rang up and...
Yes old mortgage was with Ulster Bank.
Just switched from 7 year fixed to 2 year fixed staying with Ulster bank.
It was very easy and straight forward.
Hi
I took out a mortgage in 2017 - 3.6% 7 year fixed.
I switched a couple of months ago to the 2.3% fixed.
My breakage fee was 0.
I was about a year into the 7 years.
Is it as simple as just writing a letter? I thought I might need to provide some evidence or something.
Also, if you apply for split year relief, do you automatically get a refund of any tax over-payment in 2017 or do you need to separately apply for that?
Thanks Taxpert.
I would go travelling if I didn't get a contract extension. One way or another I don't have any intention of coming back in 2018.
I will give Revenue a call re: split year relief. I assume it can be granted retrospectively if they don't have sufficient evidence upon leaving...
Thanks a mil for taking to the time to write a detailed response. Great to see it illustrated out. Explains the rules well.
Ideally I would be away for all of 2018, but only a six month contract at present.
Would it be appropriate to elect for split year relief even though I’m not 100% sure...
Hi
Planning on working abroad on a 6 month contract from October 2017.
This may get extended or I may go and do similar in another county.
What is the minimum amount of time I need to be out of Ireland for to be counted as non tax resident.
For example, If I came back to Ireland to work in...