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    Contractor & options

    hello, I'm about to become IT contractor and wondering what the best options for tax, etc. I see there are companies offering service such as Umbrella Employee, Umbrella Director, Private Limited company and a monthly rate is charged for those. Would it make more sense to go directly via an...
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    Tracker flip to home mortgage

    Hi, I have tracker on investment mortgage and variable on home mortgage. Was wondering if lenders allow those mortgages to be flipped i.e. put tracker mortgage on home and variable mortgage on investment. Term and amounts are fairly similar. Interested to hear if anybody has done something...
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    Home improvement loan for rental property

    Hi, Wondering if a Home Improvement Loan is tax deducible for a rental property. I'm considering making some improvements/repairs to a rental property i.e. new windows,insulation, etc and wondering if the Home improvement loan is tax deductible. Also, may look at adding an extension to the...
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    BIK on fuel card and business mileage

    Hi, Does anybody know how BIK should be calculated on fuel card for business mileage.? So let's say an employee travels from home-> customer site, so is the business mileage a. the lower distance of either the distance between your employee's home and the temporary place of work the...
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    offshore disclosure for foreign apartment with no profit.

    Hi, I'm trying to figure out if I need to make qualifying disclosure on a foreign apartment. The apartment is rented & maintained via a management company, but there is no profit for Irish taxation, so wondering if I need to make a qualifying disclosure for offshore asset. From the doc...
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    Tax on investment

    Thanks Gordon, yes the policy is via BOI and tax has been deducted directly by them. Is there any tax allowances that can be used to offset against this figure - like for example CGT allowance, or is it treated differently than shares?
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    Tax on investment

    Thanks, So now wondering how the tax would work if he exits now. Would a individual return need to be filed for each of the years invested? Or does form11/12 allow option to submit one return. And is the any benefit to continue for 8 year cycle?
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    Tax on investment

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    Tax on investment

    Hi there, My father invested in a savings policy which was for 5.5 yrs. bank manager says that tax is due if he doesn't hold the funds for 8yrs. Is there some 8 yr rule on the taxation. Thanks
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    Profit on shares & loss on foreign property

    Hi, Just wondering if I can offset a capital again on a shares against a capital loss on a foreign property. I plan to sell both this year. thanks.
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    form 11 & bike to work

    Hi, Is it necessary to include anything on form 11 about Bike to Work scheme? I availabled of the scheme for 2012 so just wondering if need to include somewhere on form11 paye section. thanks.
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    Motor expenses and Form 11 E

    Thanks Mandelbrot, So is the following example correct if I have a business motor cost 1000 and personal motor cost 2000 Panel 129 I complete with my business motor costs i.e. 1000 Panel 148 I complete with my business & personal motor cost i.e. 1000 +2000=3000
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    Wrong forum Form11

    Hi, I'm trying to figure out where I enter business room rental costs on the Form 11. Should it come under section 133. (Other Expenses) or 150. (Light, Heat and Phone). I suspect that it should come under section 150. thanks Expenses and Deductions [126 - 133] 133. Other Expenses...
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    Motor expenses and Form 11 E

    Hi, Can somebody explain the difference between section 129 & 148 in the Form 11E. They are both for motor expenses but I'm not sure what the difference is here. Expenses and Deductions [126 - 133] 129. Motor, Travel and Subsistence Adjustments made to Profit/Loss per Accounts...
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    Mileage rate for offset?

    Hi, Does anybody know what the current mileage rate is for using your own car for business needs. thanks.
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    preliminary tax for 2011

    Hi, thanks for the info around the 3175 limit - I didn't realise it existed. The form 12 seems to indicate that the limit is 50,000 "An individual who is in receipt of income chargeable to tax under the PAYE system but who is also in receipt of gross non-PAYE income of£50,000 or more from...
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    preliminary tax for 2011

    Hi, I've just completed my Form12 for 2010. Is there a form that I need to file out for 2011 preliminary tax returns?
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    Rental profit this year but carrying fwd loss from last year

    Hi I have an investment property which I made a loss on in 2009 tax returns. And in 2010 I made a small profit before carrying fwd the loss from 2009. Does anybody know if I will be liable to pay tax in my 2010 returns if I have a overall loss ( when I include the 2009 loss)?
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    inheritance and Aunt living in UK

    thanks. Do you have to pay the tax immediately after receiving the inheritance or is it at the end of the year.?
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    Tax relief on payment of VHI by employer

    My employer pays VHI on my behalf. Am I entitled to tax relief on the payments made by my employer - or does this still exist?
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