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    DC Pension - Question re Switching Funds

    Thanks - excuse my ignorance but why does it make sense to do the opposite as you state above?
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    DC Pension - Question re Switching Funds

    Hi all, I have an active DC pension i.e. both employer and myself make monthly regular contributions. DC fund in place since May 2020. The fund is currently invested in Zurich's Aspire Moderate Growth Fund (45% Equites, 32% bonds + misc). I'm about 20 years away from retirement and I'm...
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    Recommendation for a few days away in April

    Hi, Can anyone recommend a nice spot for 4/5 nights (first week in April) for a young couple? Not looking for a Euro city but perhaps a coastal resort in Spain, Portugal, Italy, South France etc or slightly further if required. chance of sunshine would be a big plus. Just need to chill out...
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    VAT back on Company Car (sole trader)

    Marz, That last post was incorrect. Assuming your business is fully entitled to reclaim VAT in general i.e. engaged in VATable supplies, you may be able to reclaim 20% of the VAT, provided certain circumstances are met, namely the car is registered post 1 Jan 2009, has less than 156k/gm CO2...
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    Vat travel agents

    oldnick, from your previous posts, it sounds like you are a travel agent i.e. acting exclusively in your own name and not as principal in your own right. Consequently, you will be outside the remit of TAMS. While you will be obliged to charge VAT on your commission, presumably the comission...
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    Vat travel agents

    The new travel agents margin scheme (TAMS) only applies to principals acting in their own name, not travel agents. Essentially VAT applies to the profit margin which is the sales price less the cost of certain services which may be bought-in e.g flights, accommodation but not general overheads...
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    New VAT rules on property sale

    Assuming its a residential property and the sellers acquired/developed a house which they used in a private capacity they would not have been entitled to reclaim any VAT on acquisition/development. Consequently, the property is not in the VAT net and the sale would not be in the course or...
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    VAT Rates

    Repair of movable goods i.e computer hardware etc would be liable to VAT at 13.5%. Software upgrades, whether provided by electronic means i.e download or otherwise would be liable to VAT at 21%. Electronically supplied services (defined in vat law) includes web design, web hosting, software...
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    VAT query - subcontractor new rule

    If a person is in a permanent repayment situation - they can apply for a MONTHLY VAT return which would provide optimum cashflow advantage
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    Claiming tax relief on food acquired by coeliacs

    Thnaks for your comments. I'll think I'll send in the claims (to include the element of the estimated portion - it wouldn't be much anyway) and address it in a cover letter when sending in the claims to Revenue. If there not approved - it wouldnt be the end of the world.
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    Claiming tax relief on food acquired by coeliacs

    Fair point, all reciepts for other medical bills can be supported. I had heard that Revenue were considerably more lax in respect of such expenditure and that they accepted it was impractical to keep all such receipts together. Such receipts would indicate "normal" food items too and so it was...
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    Claiming tax relief on food acquired by coeliacs

    Hi all, I am currently in the processing of claiming tax relief (completing Forms Med1 for the last few years) on medical expenses incurred by my Dad. He is a coeliac. I am aware that Revenue allow relief on the cost of gluten-free food. I have a number of annual certs from various...
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    Interest charged by revenue for VAT

    If the total DD payments are less than 20% of the annual VAT liabilty, Revenue are entitled to run interest 6 months from the return's filing date (i.e. 19/01/08). Therefore they have probably started the interest clock from 19 August 2007. It is very difficult to mitgage statutory interest...
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    Where to get up to date pension performance data?

    Doesn't it at least give an indication that the fund is being managed by somewhat successful and competent fund managers? I accept there are a number of variables involved.
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    Vat payable on lease sale

    U should seek professional VAT advice on this - complex area of tax law. The cost of getting it wrong are likely to be significant!!
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    Vat on Lease

    Agree fully with Graham - just ensure the landlord issues a valid VAT invoice i.e. must contain all the particulars as set out in the legislation.
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    Landlord lease problem.

    You should put some pressure on your solicitor. S/he is engaged by you to act on your behalf. It shouldnt be that difficult for a new solicitor to pick up the case cold. I agree with the majority of posts i.e. you are entitled to quiet enjoyment, rent yet to be agreed so LL should not have...
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    VAT refund

    Jemol, You will need to ask the foreign suppliers to issue a credit note(s), provide them with your Irish VAT number and request they issue new invoice(s) showing zero rate of VAT. You will then be obliged to self-account for Irish VAT at 21% on the value of the goods on your VAT return and...
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    Transferring PRSA to Defined Contribution Plan

    Hi, approx. 2 years ago, I started a standard PRSA (Eagle Star). It is currently valued at approx. €11K. I am in PAYE employment but set up the PRSA independently i.e. it was not offered by my employer. I am now changing jobs. My new employer offers a defined contribution pension plan. I...
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    EU VAT Refund any suggestions on how to claim back?

    Hans, Technically and legally, the relevant tax authorities are obliged to pay interest if they have not refunded your VAT within 6 months. In practice however, this can be very difficult to obtain but if the amount is significant and the delay is considerable it is always worth pursuing. I...
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