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  1. M

    Contesting a will

    Hi All, Under Section 117 of the succession act a child can contest their parents will. The value of the assets are below 3m so am I correct to say the hearing would be in the circuit court? How best to find a barrister/ Solictors to deal with the case? Many thanks in advance
  2. M

    Rental lease up

    Thanks I see from the link that the min notice is 90 days for 8 month lease. The lease was entered into prior to that new rules but I’m guessing I must now issue the 90 days notice? And let them stay in property without entering in to another lease for the remainder of the 90 days ?
  3. M

    Rental lease up

    Hello all, Hoping you can assist. We have let a residential property. The 8 month lease is due to expire in mid January 2020. For one reason and other we do not want to renew the lease with the tenant. The lease is with the tenant but some of the rent is paid by HAPs. Is it enough just to...
  4. M

    Retiring and Lump Sum Payment

    Hello See attached: https://www.revenue.ie/en/tax-professionals/tdm/income-tax-capital-gains-tax-corporation-tax/part-05/05-05-19.pdf Q1: Page 26 - no you don’t have to notify Revenue. Q2: you decide the most favourable treatment that suits you .. don’t forget to get the value of “C” for...
  5. M

    Agreement when cohabiting

    Hello, To my mind, albeit are paying rent/mortgage.. you are investing in your girlfriends property... Say If you were just house mates / in a non romantic relationship would you still be willing to paying off your house mates mortgage? Probably not.. your name is not on the deeds.. To...
  6. M

    Hair Dresser Flat Rate Expenses

    Hello .. I’ve found the list provided by Revenue. I can’t seem to find one that fits. https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/documents/flat-rate-expenses.pdf In saying that, as far as I know, the legislation provided a deduction if the expense ( non flat...
  7. M

    overpaid emergency tax by employer

    I think we must be missing something here. In this job your son earned a total of 7k .. and at some stage 6k was deducted and held as tax and then refunded to him. That is like a 90% tax rate which simply doesn’t add up.. emergency tax would be 40% ( excluding prsi and usc) .. are you sure all...
  8. M

    overpaid emergency tax by employer

    So in total he has earned about 10k for the entire year based on what you have said. 10k taxed at 20%= 2,000 Less his tax credits= 3,314 Paye should be nil. I would say though per your note above you said the paye paid in previous employment was 3,090? Just to be sure are you satisfied that...
  9. M

    overpaid emergency tax by employer

    Do you have the p45 details? Per you note above, he only earned less than 7k in the last 33 weeks .., If we could know the p45 details, we would know how much he earned for the entire year..
  10. M

    overpaid emergency tax by employer

    Hello.. Your son had a previous job in 2018? What are the details?
  11. M

    overpaid emergency tax by employer

    Hello, Have you seen his final payslip for last year? You could put up the gross pay, his credits, tax paid , rate bands etc and we could have a look to see if it appears incorrect. The employer will be issuing a p60 for last year soon, so the payroll may be checked again at that point...
  12. M

    Contributory pension increase for qualified adult query

    Hello, The carers situation is terrible given that you are doing work but it isn’t recognised by the State.. I’m a carer too. I can’t answer your particular query, but when I had issues I contacted the carers association and there was a particular lady who was very informed and assisted me.
  13. M

    Vat payroll hourly rate?

    Hello, Anyone know what would be the hourly rate in the countryside for doing payroll and filing vat returns? Thanks.
  14. M

    Interest on borrowings..

    Hello.. In my opinion no, unless you trade in stock and shares.
  15. M

    Tax credits not what they should be

    Hello .. I would just ring them when the office is open and explain.. Then I would keep an eye on myacoount to see if your credits have been corrected. Are you due a tax refund for prior years if so complete form 12
  16. M

    How to calculate tax credit for BIK.

    Hello.. The max tax credit you can get €200 (1,000 x 20%) despite the premium being €1,600. See attached link https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/health-and-age/medical-insurance-premiums/index.aspx
  17. M

    Private Company and Tax on Company Dividends

    Hello, I’ll explain by example in Irish scenarios. Eg 1 wage from company Profit before wages and pension= 150k Wage = 50k ( this will be subject to income tax, usc and prsi) Profit in company = 100k Corporation tax = 12.5k Obviously if you take wage 150k there won’t be 12.5 k of ct due...
  18. M

    Invalidity Pension claim

    Hi Declan I don’t have any experience of invalidity pension However I would advise you to either contact your local political office, carers association or wheelchairs association... any of these offices will have a contact in the department to get things moving along. It is sad to say this...
  19. M

    CGT - Advice please

    Hello , This link maybe of assistance https://www.revenue.ie/en/tax-professionals/tdm/income-tax-capital-gains-tax-corporation-tax/part-19/19-02-14.pdf And I think on page 10 or so it mentions that you can set aside the part disposal formula and go with the formula as suggested by Redonion ...
  20. M

    Revenue average exchange rate for the year to exchange the $ to IR£

    Hello, Page 20 on this link.. note the tax years are April to April back then .. https://www.revenue.ie/en/tax-professionals/historic-material/tax-briefing/1999/Tax-Briefing-Supplement-June-1999.pdf They tended to be in the tax briefing supplements and then later in e-briefings .. so have a...
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