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    Plumber quote before or after VAT ?

    Legally the price quoted to consumers (as opposed to businesses) must be VAT-inclusive. See http://www.irishstatutebook.ie/1973/en/si/0009.html Anyone not doing this is committing an offence under the Prices Act, 1958. I think the National Consumer Agency is the body to direct a complaint to.
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    US tax liability-based in Ireland & traveling to the US

    No experience of this so i can't help but i see that the US embassy website has a list of accountants based in ireland who prepare US tax returns. might be worth giving one of them a try for some initial advice. [broken link removed] my guess is that you would have filing obligations in the...
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    Tax on reinvested dividends in unit linked investments

    generally funds are not taxable on any income or gains they receive. kpmg have a very good publication at [broken link removed] which should answer all your queries
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    Tax on pay off / redundancy

    have a look at [broken link removed] if you have not done so already. its pretty detailed and has sample calculations, so you should be able to make a good estimate of what you'll be entitled to tax-free. the rest will be put through payroll and paye applied in your final payslip. try to agree...
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    Will I have to repay Stamp Duty?

    i agree with you generally webtax but the point i was making is that "in occupation" cannot be read literally. If i rent a spare room out and take a 2 week holiday during which time my tenant is the sole occupant of the house, then surely that doesn't breach the condition. So what if i extend...
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    Will I have to repay Stamp Duty?

    the legislation states that the clawback does not apply to "a person who, while in such occupation, derives rent or payment in the nature of rent in consideration for the provision, on or after 6 April 2001, of furnished residential accommodation in part of the dwellinghouse or apartment...
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    PPR and New SelfBuild

    that's an interesting one! the reasons its not generally a good idea to put a property into a company are 1. double hit to cgt - ie, to realise the investment firstly the company sells the property and pays 20% cgt. then the shareholder winds up the company and is distributed the after-tax...
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    Rent Relief -

    there's a limit on the amount of rent paid that tax relief can be claimed on. for 2007 that's 1800e per person which is a tax credit of 360e, for 2006 it was 1650e which equates to 330e. i'm assuming you're under 55, if you're over 55 the above figures are doubled
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    PPR and New SelfBuild

    the tax treatment of a mortgage does not depend on what property the loan is secured against. Therefore whether you mortgage your old or new house is irrelevant. The important point is the purpose of the loan. Interest is tax deductible against rental income if the purpose of the loan was to...
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    DIRT and Income tax liability

    DIRT is a retenion tax on interest income, not dividends. What you paid was dividend withholding tax (DWT). Whether you have more tax to pay depends on your level of income. If you pay tax at the higher rate then you will have more tax to pay. This is different to interest income that has...
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    Tax on Loan Profit

    so you're putting up the money for this person's property investment? a bank doing that would insist on a legal charge over the property in the event that the person defaults on repayment (ie, a mortgage). you'd be crazy not to look for the same thing. a promissory note without any way to...
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    Are Authors taxed?

    its not a patent its an upfront royalty payment. my reading is that this does qualify for the exemption - see http://www.irishstatutebook.ie/1997/en/act/pub/0039/sec0195.html#zza39y1997s195 but you need to apply to revenue for this so follow Brendan's link for info also note that the tax...
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    Stamp duty on new office first rental

    I'm not a stamp duty expert because I usually leave it to solicitors but my view on this is... If it was an apartment when it was purchased then the residential rates applied. IF there is a clawback then it can only be at the residential rate. There is no mechanism in the Stamp Acts for the...
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    Sale of football pitch to a developer

    you need to be granted exemption under Section 235 of the Taxes Consolidation Act 1997. See here for list of currently approved bodies - [broken link removed] see [broken link removed] for more detail, application form etc
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    Sale of football pitch to a developer

    tax issues depend on the status of your GAA club (whether charitable status) and how the developer intends to structure this. Stamp Duty would have been your major concern but a change in the last Finance Act has changed that. VAT costs are also an issue but can be minimised. You need to get...
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    Capital gains on resale of inherited house

    "sister has moved out and the interest is still deductable (and other costs)as she is in between tenants at this time. " re the above comment just to warn that interest is deductible if incurred in-between lettings, but its not deductible if its "post-letting" - ie, after the last letting. so...
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    Sale of sand

    its a matter of negotiation. you'd be surprised how common it is for companies in these situations to indemnify people for unforseen tax hits. i've seen it frequently with property developers buying land where there's a risk the seller might be liable to income tax rather than cgt
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    Evicting tenants

    have a look at this and see how difficult it is to get rid of a non-rent paying tenant: http://www.courts.ie/Judgments.nsf/09859e7a3f34669680256ef3004a27de/c1cb56458bc746fc80257346005538f5?OpenDocument i hope you're not at the start of the kind of hassle this guy went through
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    Capital gains on resale of inherited house

    you did receive rental income. the amount paid by your sister and her boyfriend is rental income which you then used to pay the mortgage. if you want to get this sorted properly you probably need to get some tax advice. if the sales proceeds are over 500k you'll need to get a CGT clearance...
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    Capital gains on resale of inherited house

    generally expenditure which adds to the value of the asset and which is reflected in the state or nature of the asset at the time of disposal will be deductible for CGT purposes. any expenditure which WOULD be deductible for income tax purposes is precluded - eg, repainting, repairs which do...
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