Search results

The shares are registered in both our names.

Hi, My wife & I are jointly assessed for income tax purposes ( she is now retired , I still have PAYE income). We have some shares which are held in a joint account / both our names which we would like to sell . My question is, when we are calculating our CGT liability, If we apportion the...

Just a quick update - got a response yesterday from Employer B to advise this was an error on their part. The death in retirement benefit accrued under Employer A's defined benefit scheme will be honored. Many thanks to all who contributed !

Hi DaveVanian – thank you for your comments. Employer A’s booklet states clearly what the death in retirement benefit is for a member of the scheme & it outlines the level of benefit what a member’s spouse would receive in the event of death in retirement. (i.e. 50% of the member’s annual...

MugsGame – Thanks for that, your past experience in this area is very evident. Going legal to force Employer B to honour this benefit : I don’t think that really is a financially viable option for me - large multinational involved, the cost of having to honour this benefit would be far more...

Hi LS 400 - that makes sense to me. Employer B’s pension scheme is a more generous scheme than Employer A’s scheme, so when I receive a statement of benefit from Employer B it consist of two elements – (A). 13 years service X benefit from Employer A’s scheme – except for the Death in Retirement...

Hi, I’m soon approaching retirement age & I have deferred pension benefit entitlements from previous employments – which amounts to approx. 26 years pensionable service with two separate employers both with defined benefit schemes, let’s call them Employer A and Employer B. I worked 13 years...

Hi, First some backgrond info. I will turn 66 in 2023 & I hope to continue working for another 1 – 2 years, all going well. My current employment provides a modest income & is not pensionable, so in the absence of a pension scheme I started my own PRSA approx. 8 years ago. My employer does not...

Hi, I’m trying to claim tax relief for the annual contribution I made in 2021 to my PRSA, but it is causing me some difficulty. I changed jobs in 2021, so when I put in my PRSA contribution data for the year on the ROS site, it asks me to select one of the two employments listed on the drop...

Hi, My daughter & my wife received the TWSS and PUP payment respectively in 2020 – but when they log on to Revenue’s MyAccount, these payments are currently not showing on their Employment Detail Summary for 2020, why would this be ? Regards, J.P.

Hi, I have a query about disclaiming an inheritance, the background is as follows, my sister (let’s call her Mary) who while advancing in years, is in very good health thankfully, she recently made her will & asked me (let’s call me Mike) to be the executor to her will, which I was happy to...

Thank you Jim Stafford - that is good to hear.

Hi, My wife has a small business (service industry) , she set it up about twenty years ago when she was made redundant from her employment. The business is my wife’s only source of income (which is very modest) , I work full time in other employment & I do not take a salary from the business...

Thanks mf for your detailed response.

The charge was €750. They would have got the probate & house sale work had they not quoted €13,000 plus outlays + VAT for the work - which i thought was excessive.

Hi, Can anyone hold the following original legal documents as relevant to themselves ; Original copy of last will & testament Title Deeds to property (home). Can I retain these documents myself or is there a downside to this for my family when the time comes to sort out my estate whenever I do...

Thanks for that. What proof of income for the period he has worked in UAE within 2019 will he need to furnish Revenue with when making his 2019 annual tax return here ? Regards, J.P.

Hi Fergal19, I found some info on the Revenue website that Ireland does have a DTA with Dubai. I also noted on the Revenue website that one is resident in Ireland for tax purposes if you are in Ireland for a total of 183 days or more within a tax year - my friend will have been a resident here...

Hi, A friend of mine, who has been a public service employee (primary teacher) for the past four years, applied for and was granted a one year career break, his career break commenced on the 19/08/19. He moved to Dubai to take up a tax free role there on the 26/08/19, with a view to spending...

Hi Seagull, Yes, the fee includes doing the conveyancing work re. the sale of the property.