Search results

Anybody?

I understand that any gains/losses made on ETFs are taxed using the exit tax regime. Do I declare these on the form 11 (I'm self-employed) and make the payment on them via the form 11 i.e. they form part of my self-assessment calculation and I would effectively be making a payment for any gains...

Thanks RedOnion, would anyone know of a specific broker that they have previously used and would recommend? Or is that type of advice against forum rules?

Sorry daily rate contractor with single client.

I'm an actuary with 10 years experience. Most recently I was a self-employed contractor (director of a ltd company) from 2011 to 2015, full time from 2015 to 2017 and limited company again (a different one) from Jan 2018 to present. I'm highly employable and earn a very nice salary but I've...

I'm considering setting up an SSAP but I'm concerned about the safety of my funds. Normally, pension assets are held with a large insurer e.g. Zurich, Aviva etc. However, with an SSAP the companies involved can often be bespoke e.g. ITC and the investment brokers used to purchase shares/ETFs...

Hi Steven, Is the 0.5%+0.5% fee structure you describe in respect of a small self-administered scheme? Does this cost include all costs e.g. SSAP platform, pensioneer trustees fees etc.?

Thanks for the info. I have one last question on the retirement age within a self-invested pension fund. If I set one up, then my understanding is that I could elect to retire at age 50? Is it possible the Revenue could increase this minimum age after I have made several contributions? The...

Putting any future changes in the pension tax relief aside, at present would my company be allowed to contribute the full €30k in the above example with no "personal" pension contributions from my gross salary?

I have a question about the potential removal of the full 40% tax relief on pension contributions. I'm a propietary director of a company and I'm planning to take out a self-invested pension. I'm also planning to contribute about 60% of my gross salary as a pension contribution this year. Is...

https://www.independent.ie/business/personal-finance/pension-tax-relief-cut-up-to-600000-mainly-middle-earners-would-be-big-losers-37016481.html "Thinktank?", there's absolutely no one in that organisation doing any thinking. Yes, this might save a billion in 2018, but it will cost a massive...

Thanks Odyssey, unfortunately I'm only getting my regular 3,300 tax credits :-( I'll just apply for this on PAYE online. Thanks for the help again.

That makes sense, thanks!!!

Hi, I have a corporate private health insurance scheme with my company, where they pay for my private health insurance. I understand that it is a benefit in kind hence I need to pay tax/usc etc on the total premium. However, VHI tell me that the annual premium for the scheme is €1,410 but my...

Thanks for confirming that Joe! And it is my first year :-)

Hi guys, Quick question if you could kindly answer it. Basically I'm a proprietary director of my own ltd company. I'm basically a contractor who charges a daily rate which gets paid to my company and I then pay myself a salary as an employee. My question is that I made a personal pension...

Hi Joe, Thanks a lot for the quick response! Stephen

Hi guys, I've a limited company here in Ireland with a registered VAT number. I just set up an account with Amazon.co.uk and if you input your VAT number then they allow you to buy items for the cost price less VAT. I have two questions about this. (1) If I'm purchasing something directly...

Thanks Thanks a lot for the quick reply :-)

... Hi Capefear, I reread my post there and its not very clear what I was asking. I've already paid myself a salary in January so I know what my USC / TAX / PRSI figures are. I'm wondering where how my tax credits are incorporated into my P30. Thanks, Stephen