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How do revenue calculate if you are overfunded? How do they translate the remaining value of your AVC (after maximising the lump sum) into an annual amount? Do they take annuity rates for the age of the retiree? If they do decide that you are overfunded how do they reduce the Main scheme...

A follow on from this. When is the 4% minimum amount calculated? e.g. if Jan 1st = €200,000 Dec 1st = €220,000 I would expect it to be based on the Opening amount i.e Jan 1st but can't seem to find confirmation of this

Thanks folks. From Revenue perspective is it allowed to use both to make up the 200k. e.g. If in above example the AVC Pot was 600k (so that 25% of that is less than the 200k limit) could both DB scheme lump AND AVC amount be used.

Is the revenue maximum Tax free lump sum on retirement €200k or is it the lower of €200k and 1.5 x Final Salary e.g. Where a person is on a DB scheme and has AVCs also Salary €60 k, Tax Free Lump Sum from Company scheme = €90k (1.5 x Salary) AVC fund €800,000 On retirement could the person...

Thanks for the response Joe_90. I think I may have mis phrased my question. My Query is "are you entitled to get early retirement tax free lump sum AND redundancy sum tax where each individually is below the €200k threshold but combined if they are greater than €200k." e.g. in the following...

Scenario: I am part of a DB pension scheme and as part of that may be allowed take early retirement. The DB plan allows for a tax free lump sum of €105K (1.5 x Salary). I also have an AVC amount of €250k Age 53 There is a possibility that I may be offered redundancy of approx €120k. My...

Hi wbbs, Yes I did have taxable income in those years. I think I just got some one in the tax office who doesn't understand this. To be fair, when I first filled out the R185 I was a bit confused too. Thanks for confirming my understanding.

The above describes how I understood this to work. I set up a Deed of Covenant but have not claimed for it in the last 4 years and just submitted the forms. Currently I give my mother €2000 each year by cheque. I filled out R185 with 2000 as the Net amount and €2500 as the gross amount. However...

Thanks for that folks ... not looking as hopeful now. We have no baggage so I am assuming that we will be allowed through Security and that we will only find out at the departure gate when Ryanair get to see us for the first time. We are flying from Shannon not that that should influence...

Thats what I was afraid of but wondering if anyone had an actual experience of this. I may have to resort to buying Aer Lingus contingency tickets.

Hi folks, My wife and I are due to fly to the UK next Saturday with Ryanair. Currently my wife is awaiting her new passport from the passport office so no guarantees of getting this back on time. I had thoughtv this would be no problem as last I knew Ryanair did accept a drivers licence as ID...

I found an answer on bargain alerts ttp://www.boards.ie/vbulletin/showthread.php?t=2055610934&highlight=join https://secure.aaireland.ie/rescueoffer/Default.asp and the code CORE79.

Hi folks, We are heading to England in a few weeks driving and were planning on joining the AA for peace of mind while driving there. I know there were special offers a while ago for joining but can not find any now. Does any one know of any such current offers? Moribund

Hi folks, We are a family of 5 three kids 13,10,8 hoping to take the ferry to England for a week in August. We would like to stay near London and do Legoland and sights of London and looking for self-catering accomodation as a base for a week. I am finding it hard to find self catering...

Aldi seem to have a great PC offer next Thursday as below - 499. AMD Athlon™ X2 7750 Dual-Core processor ATI Radeon™ HD4350 DirectX® 10.1 Premium graphic card with 512MB graphic memory and digital video/audio output via HDMI Massive 4GB (4096MB) DDR2 SDRAM† 640GB hard disk with GreenPower™...

NTL are offering a Digital Video Recorder for 5 euro per month with free connection. Anyone have any experience of that? It seems like a good deal how much is the sky monthly charge?

I use [broken link removed]. This site contains secondhand CD's, DVDs and games. I have never had any problems and have bouht lots of CDs and more recently DS games. If you are looking for the more recent releases this is not the best but otherwise very economical. I have never had to pay any...

Just spoke with the bank again and was told the following: It is not actually not illegal to write a post dated cheque, however it has no real value in the banks eyes until the date is reached. I believe that it may not be considered legal payment for something until the date is reached (this...

Thanks folks, I just wanted to check my own sanity on this. I will follow this up with another call and see what answer I get this time. I may ask them to put it in writing. Moribund

I recently post dated a cheque for September but it was cashed two days ago putting me into an overdrawn situation. I rang my bank and they informed me that Post dating cheques is illegal. This was the first I was made aware of this. Is this common knowledge?