Search results

  1. W

    Key Post Capital Gains Tax on sale of shares

    I get confuse with this, so rather than start a new thread, does anyone know, taking example above, would I have had to pay the €5 per share back then? If I got the shares free of charge, can I still use the €5 base cost?
  2. W

    Establish Base Cost for CGT

    For a part disposal, I understand I use the following formula: C x A A+B A. sale proceeds... I know the figure B. Value of remaining portion....I know the figure C. Cost ? Inherited 50% in 2007 only Inherited other 50% 2017 "C" is what I am trying to work out.
  3. W

    Establish Base Cost for CGT

    Thanks but CGT, Do I take value of 50% inherited in 2007 and add that to 50% valued in 2017, that is have two different base costs
  4. W

    Establish Base Cost for CGT

    My Father & his Sister owned equal share of 10 acres. When my Aunt Died 10 years ago (2007), I inherited her 50% share. Therefore I became joint owner with my father. My father died last year (2017), and I then inherited his share, now full owner, I want to give my son 1 acre at a nominal...
  5. W

    Can a Landlord deduct the LPT as an expense for tax purposes?

    Has there been any clarification on the issue of deducting the LPT as a cost against gross rents since the last post on here? I need to file return soon for student grant purposes and I'm unsure what to do.
  6. W

    Completing Rental Income Section of Form 12

    Sorry Joe, It is page 5. My internet crashed before I had question completed and checked and only half of the post showed up.
  7. W

    Completing Rental Income Section of Form 12

    Duplicate post...internet problems ..please delete.sorry
  8. W

    Completing Rental Income Section of Form 12

    All the boxes on Page 6 of the Form 12 are a bit of a puzzle to me! TAX YEAR 2011: I had a profit year 1 ( 2010 return submitted) but I am trying to complete the next 2 yrs return to declare losses etc. Gross Rents: €5,000 Less: Repairs/Mort/others exps: €6,000 Net Rental Loss (after...
  9. W

    NPPR ends 1/1/'14 replaced by LPT implications for relatively cheap multi units?

    I think it is very mean spirited to not remove the NPPR tax in 2013 like they did with the household Charge. Could it be considered unethical to basically have a double property tax on Rental property ? ps I know the household charge applied as well as the NPPR to rental properties in 2012...
  10. W

    How Much Social Welfare would I be entitled to if put on a 3 day week?

    Just been informed by my boss that he may have to put me on a 3 day week. I am married with 2 dependent children and my wife does not work. I take home €500 per week and pay no tax because of tax credit etc. My take home pay will be reduced to €300 I guess. Is there a way to...
  11. W

    calculating Capital Allowances for rental income purposes

    I understand that you can claim a wear and tear allowance for fixtures and fittings against your gross rental income. Where I let an old property for the first time, can I claim : A wear & tear allowance on the existing fixtures and fittings using a guesstimate of their current value or...
  12. W

    Wrong forum Can Imagine block me from switching to Eircom

    Background: A sales rep called to our business recently asking of we were interested in switching from ESB to Airtricity. He clearly outlined the savings and we agreed to same and signed contract. Before he left he asked would we be interested in moving from Eircom to Imagine for our...
  13. W

    Best Locations in Wexford/Waterford for a weeks Hols

    Thinking of heading to the "sunny" South East. I'm told go beyond Cortown to avoid, dare I say, "the howayas." Two adults & 2 children aged 15 & 12. Some good hotel offers but only for 3 nights midweek and gets expensive for full week. What towns/villages would you recommend to rent...
  14. W

    Taxation of Jobseeker's benefit paid to short term workers?

    Welfarite, Thank you. At last some detailed information to read. And it will take me a bit of time to digest. Can I split it into and further Q&A for you. Background. Nature of employment is that trading is 7 days a week with. Opening hours are 10.30 am to 9.30 pm six days with 6pm...
  15. W

    Taxation of Jobseeker's benefit paid to short term workers?

    Black Sheep, that seems to support my argument. Benefit received as a result of short term systematic work is NOT taxable. But would I be classed as a casual worker ? which might make it taxable. I'm still confused
  16. W

    Taxation of Jobseeker's benefit paid to short term workers?

    Thanks Welfarite, Just to clarify. I was in full time employment working at least 5 days a week out of seven to make up 40 hours. The roster meant I would work different days/hours each week to make up 40 hours. Basically five 8 hour shifts. That could not be considered casual employment ...
  17. W

    Taxation of Jobseeker's benefit paid to short term workers?

    I always understood that it was not taxable. I have been put on a 3 day week and sign for 3 days. However I have now received a tax statement for last year saying I owe tax because the Jobseekers benefit is taxable. When I queried same I was told it was because when my employer reduced me...
  18. W

    Freedom to View Planning Applications ?

    Very Helpful replies. Thank you both.
  19. W

    Freedom to View Planning Applications ?

    I know you can view a planning application in a Local Authority Office. But is it still possible to view, say, two years later after it is granted ? In the case in question I understand that a non compliance issue may have arisen so I am wondering I'm I still entitled to view same along with...
Back
Top