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Are pensions for a married couple treated separate for tax purposes example Married couple both retired at 60. One gets public sector pension of €40K pa which i think brings them into the higher tax bracket. Other gets €20K pa DC pension which keeps them in the lower tax bracket. Combined...

o_O I dump everything after 5 years. Just dont have to room to store it, and I couldnt be bothered scanning every receipt. Im just not that organized :) I hope if revenue come looking they cant penalize me for having only 5 years worth of receipts and accounts, assuming no laws broken by me

I think you are asking if you make a loss on one can you offset that loss against the tax on the other one that makes a profit. Yes, I believe you can.

Thankyou RedOnion for your prompt answer. She will no doubt be disappointed there :)

If you are 20% tax payer, when you pay the tax on disposing of ETFs is it still a flat 41% that you pay on the gains? The specific example is that I know someone who invested ETFs about 4 years ago which have made a nice gain. She is currently in the top tax bracket. But she is taking a career...

I got one done for €2500. Its another €1500 every 3 years. We found it really great/ The most important part for me was the advice on where to out any money we had on the bank or spare money we had. Turns out a mix of different places is the ideal scenario. They then come back to you every 3...

Thats true. Councils buying up and leasing huge amounts of property at the moment. Ordinary people cant get a look in at all. But the RPZs have forced landlords to go for the easy more secure option. Makes you wonder if that was the intention of them all along. Force landlords out or to...

I am more confused now than when I started reading this thread :) I have a question. I have a close relative who is a teacher since 1993. She is 50 now and wants to retire at 55, but did a few years subbing at the start of her career. She also has about €100K in AVCs with cornmarket. Her...

Was just talking to someone who is doing this. He let his apartment to Fingal CoCo 3 years ago on the LTL scheme for 10 years. He said it was very straightforward in the end. And about 3 months ago, realizing he would probably never live in the apartment again even after in another 7 years and...

Just thought I would update in case anyone is interested what he did. He decided that he wants to mostly sit out 2020 as he has already had 7% growth since 1 Jan 2020 which he is very happy with and is worried about volatility coming up. He has moved to 10% Merrion Global Equity 10% Merrion...

Good point. He will definitely have his mortgage paid off before retirement date anyway. And he has income of about €500 pm from a house he has rented out in Clare. I think he is just concerned with keeping his money safe relatively safe for the next 5 years, but without going cash only. That...

I have a relative who is planning on retiring in 5 to 10 years. He is 49 now. They have approx €400k in their pension fund now. Their company is doing a bit of housekeeping and have asked them to allocate their money in the fund. They have a choice of the following pension funds to play with...

This is confusing. Can a PAYE worker who has been forced to work from home for 3 months get money back from revenue, if their employer does not pay them any extra for working from home? If so how do they go about getting this money? I think that is the situation 90% of the workforce are going...

Im interested in this too. Back at the start of the last recession there were solidarity bonds on offer that paid 50% after 10 years. I wonder if similar will be available soon? Its the whole tax situation that puts me off investing in ETFs. Far too fiddly and murky. And I was looking at this...

I think you are in a great position. I have heard that with AVCs in the public sector you could end up paying the high rate of tax when drawing down after you retire. Then as you say - whats the point of putting the money in now. I think you might have to ask a good financial advisor because it...

Ok, So the answer is that the government can raid your pension for as much as they like and it is locked away from you, but they have full access. And people are pointing out something along the lines of "If I take money from your bank account that you have saved, it doesnt matter, because...

So they took over 2.5% of people pension contributions then. I hate that argument. Its total nonsense and does not change the fact that they took money form a persons pension fund. The fact that their pensions funds grew anyway has nothing at all to do with them TAKING money from them. Thats...

So I was talking to a couple of friends about this in our new weekly hangouts meetups :) All the cool kids are doing it these days. Since all of us are at or near middle aged, depending on your definition, we were quite chuffed with ourselves. Mighty craic. Anyway pension funds came up and...

I know a couple of people who have sold their Irish rentals because of the way its gone here and have bought in Spain in the last year to let through AirBnB. I was thinking of doing the same at one stage myself maybe. How much tax do you have to pay in Spain? As well as in Ireland? If you dont...

We ranged in age from about 35 to 60 over the years. I think we all just arrived at the conclusion that I'm the past we found it fun and intereating to chat about and help each other out, even in the bad times, but for the last 4 or 5 years none of us can remember having any enjoyment out of it...