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  1. J

    Best website to sell my used Audi quickly

    I used Carzone. I had to deal with a lot of time wasters and tyre-kickers. Best of luck.
  2. J

    2nd best country in the world

    Nice weather mustn't be among the criteria used for quality of life.
  3. J

    ETFs versus Stock Portfolio

    In my opinion, an Irish investor is better off having a diversified portfolio of around 20/30 stocks than investing in ETFs. 1. An ETF often gives a false sense of security regarding diversification and risk reduction. For example, the very popular S&P 500 ETF is a market capitalisation...
  4. J

    Alternatives to Simply Wall Street?

    The dividend yield is high because the share price keeps falling. The actual dividend has been static for years. A cut is on the cards. Capital depreciation is never good unless you intend to buy and hold forever.
  5. J

    Alternatives to Simply Wall Street?

    Motley Fool is quite entertaining but recommendations should be taken with a grain of salt. The US site relentlessly recommends highly speculative growth stocks that have never made a profit. Many never will. Motley Fool UK contributors have a enduring love affair with GlaxoSmithKline despite...
  6. J

    15k stock investment in Revolut, Degiro or both?

    Revolut is great for foreign currency transactions but I would not buy shares or leave large sums of money on deposit in a Revolut account. Degiro is a much better bet. The only negative compared to Revolut is that you can't buy fractional shares on Degiro. Interactive Brokers is an excellent...
  7. J

    Interactive Investor Ireland absorbed by II UK

    I used to have an account with Interactive Investor but decided to leave after they decided to impose a discriminatory £3.99 per month additional charge on non-UK residents. In my opinion, rivals such as Degiro and Interactive Brokers are more suitable for Irish investors.
  8. J

    Trading 212

    I'm aware of it but don't use it. I'd rather use a more established online broker even if the fees are a bit higher. Trading 212 is an online broker with zero commission. However, there may be costs in other ways e.g. frequent crashes, charges for deposits/withdrawals, bad exchange rates. You...
  9. J

    Gamestop

    Gamestop is just a declining bricks and mortar retailer. It's more likely to hit $4 than $400 in the next 12 months.
  10. J

    Investing vs Trading

    Your accountant must be incredibly conservative if he thinks Revenue would regard your activities as trading and therefore subject to income tax, particularly if you already have a full-time job.
  11. J

    Irish Investors are taxed very heavily compared to other countries

    Being an Irish-resident investor in the stock market compares very unfavourably with other countries. It's ironic that so many ETFs are Irish-domiciled when its own residents are taxed to the hilt. Even countries like Spain, which is not renowned as a tax haven, has a more favourable regime for...
  12. J

    Holiday Pay

    John started work on an hourly rate of €10/hour in November 2018. His hourly rate increased to a new rate of €11/hour from January 2019. He has received no holiday pay so far. It will be processed at the end of May at 8% of total hours worked since starting work. Is he entitled to all holiday...
  13. J

    "Just because Brussels gives me a mandate to stop the rain..."

    There was little or no talk about the customs union/trade during the Brexit referendum. It was all about immigration. Since then, it's obvious that the UK has tried to isolate Ireland, hoping that the EU will throw us under the bus. It hasn't happened yet. Instead, the UK could solve its...
  14. J

    VAT Question - IntraEU (Can I just pay UK VAT?)

    That sounds about right to me.
  15. J

    VAT Distance Selling

    Transaction 1:Company A sells goods online to EU private customer. Charges Irish VAT. Transaction 2:Company A sells goods online to non-EU private customer. Does not charge Irish VAT. Company A is a small business that stores and posts the goods from Ireland. Company B has a similar business...
  16. J

    P45/P35 Statutory Tax-Free Redundancy

    An employee is made redundant in 2018 and receives tax-free statutory payment only. Should the tax free payment payment appear on the employee's payslip? Should the tax free payment payment appear on the employee's P45? Should it appear on the employer's P35 2018?
  17. J

    Credit Note Request to suit customer

    Thanks for the responses. My gut instinct is the same as Blackrock1. It's hardy the supplier's fault if the customer did not register for VAT on time.
  18. J

    Credit Note Request to suit customer

    Company A issues a VAT invoice to Company B (VAT unregistered) in April 2018. Company B subsequently registers for VAT in July 2018. Company B asks Company A to issue a credit note for the April 2018 invoice and issue a new invoice (same amount) dated July 2018 so that it can claim the input...
  19. J

    Landlord - Bad Tenant Expenses

    John is a landlord who had an awful tenant who caused €60,000 worth of damage to the house e.g. kitchen and bathroom smashed, walls damaged, driveway wrecked, electric ruined.... Would the expenditure be considered capital (written off against eventual CGT) or expenses that can be written off...
  20. J

    Declaring Irish tax on UK Investment Property

    A person who has always lived in Ireland purchased a UK investment property 10 year ago and is paying UK tax on the property. However, it has never been declared to the Revenue Commissioners through ignorance rather than deception. If he decides to contact Revenue voluntarily, will he have to...
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