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  1. J

    is my clutch slipping?

    It could also be your turbo, I had similar problems with my TDI golf. I'd press the accelerator and get no power at all, then press it again and get some power. I got my turbo done under warranty but still had to pay 40%. Total cost would have been about 2k.
  2. J

    Loan to Parent from Son_Tax consequences

    Business is farming, cashflow for next 2-3 months is tight but picks up later in year following the sale of stock, tillage crops etc. Cashflow is very seasonal in this sector. Parent is monitoring business, cashflow and has cut costs (wages etc).
  3. J

    Hotels that have been taken over by the banks

    Yes, See attached article re Tulfarris Hotel and HAMS (Hotel Asset Management Services) [broken link removed]
  4. J

    Next crisis_credit card defaults

    From the FT last week.... "Lenders in Europe bracing themselves for a rising wave of consumer debt defaults as the credit card crisis that has caused billions of dollars in losses among US banks spreads across the Atlantic. The International Monetary Fund estimates that of US consumer debt...
  5. J

    Loan to Parent from Son_Tax consequences

    Query, Current climate has resulted in cashflow problems for parent's business. Son is in stable, secure job and has savings which he wants to loan to parent to get them over cashflow problem. Currently, amount lent to parent is 3k. More maybe be lent over the coming months. Loan will...
  6. J

    Selling a Debtor Book

    I agree with Jack, I have a few companies that come to mind but like jack said they over charge and you will have to take big discount. How about getting specialised legal firm to collect the older debts for you?
  7. J

    Accountant's fees for start up company

    Too high in my opinion...you're doing most of the donkey work yourself, I would agree that E2,500 would be a more reasonable fee. However, for the first year of accounts, maybe a more "hands on" approach was provided by the accountant and therefore the fee could be justified. Going forward...
  8. J

    maternity entitlements for sole trader

    Contact the Social Welfare office in Sligo, have your pps number to hand. They will be able to tell you if you have sufficent contributions.
  9. J

    Bank Draft

    Any time I've got a bank draft the money was taken out of my account, so effectively I was walking around with cash. I assume if the draft is drawn on a different bank and paid into another bank like you say, the clearing will take a bit longer. I didn't know you could cancel a bank draft as...
  10. J

    Costs associated with Examinerships

    Judges are very quick to highlight to Examiners or any practitioners in Court if their work is shoddy. I have attended Court where Judges have critised practitioners in respect of delays etc. As was the case with the most recent high profile examination application, the Judge did queriy the...
  11. J

    Costs associated with Examinerships

    For a company to present a petition to Court applying for an examiner to be appointed, the following costs will be incurred; -An independent accountant who will prepares an independent accountants report of the Company. Depending on the size of the company, the min cost for this is 10k-12k. -A...
  12. J

    Ashfiield College to wind up

    See below: [broken link removed] Look like the grind school days are coming to an end. I had heard of teachers being made redundant there a few weeks ago.
  13. J

    State Pension (Non Contributory) Query

    -No harm I suspose, I will let you know how I get on.
  14. J

    Report fraud in a community organisation that receives grant funding from govt?

    Re: Whistleblow or Not? As a taxpayer is it your money that is going on the grant, I'd be reporting it.
  15. J

    State Pension (Non Contributory) Query

    This person worked as a nurse and then managed a farm when her husband pre-deceased her. She is in her mid 90s. I have tried without success to get a contributory pension but it would appear for the period she managed the farm, her stamps do not qualify and records prior to that are not...
  16. J

    State Pension (Non Contributory) Query

    Black Sheep can you expand on the 5 year rule please, this is what I need to more about. Where is this info available? Like I said, she would be disposing of an asset to meet some significant expenses but doing so will also decrease her overall assets for assessment and may result in a higher...
  17. J

    State Pension (Non Contributory) Query

    The non contributory is correct, the state does not have a full record of her employment/contributions/stamps and therfore will only allow her the Non Contributory portion.
  18. J

    State Pension (Non Contributory) Query

    Ok, scenairo below presented to me; Widow, living alone, was means tested for pension, qualifed for €30 per week approx. Widow has shares, most of which are significantly devalued. However, one holding is doing well and generates a small income. Situation is that widow now has expenses which...
  19. J

    "Traffic Blues" TV on RTE: Lady prov licence, 5 kids not strapped in.

    They also have no dealership details (i.e JOE Motors Limited), the numbers on the reg plates tend to be spaced out more than a private car, the brake light mounted on the rear window is modified, sometimes you may see extra lights mounted on the bumpers...just my observations...:D
  20. J

    "Traffic Blues" TV on RTE: Lady prov licence, 5 kids not strapped in.

    Yup, it was defo an unmarked car....I've seen it around Dublin with uniformed guards in it. The Mondeos and Focus seem to be the car of choice when it comes to un marked cars. Why was this guard allowed use a state vehicle to do a run away from the Courts anyway?
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