Search results

  1. C

    Are Government Energy Credits taxable

    It's a reduction of your energy bill, you're actually saving tax because you're paying less VAT!
  2. C

    VAT Question

    Assuming that the services would be subject to VAT if they were supplied to Irish customers (as in they're not exempt), you can reclaim VAT on your costs.
  3. C

    Asked for PIN for low cost item

    I don't think you ever get asked for a pin when using your phone. I have to unlock my phone to use the card so I assumed that was considered sufficient security.
  4. C

    Living separate - Taxation

    It's possible to be taxed as a married couple after separation. There are some requirements, such as paying legally enforceable maintenance but if your salary is already supporting your family it might be worthwhile. Have a look at this Revenue page .
  5. C

    Real time tax credits for Med 1

    You're trading off extra effort for getting the money quicker. Which is better will depend on the person really.
  6. C

    Selling ESPP Shares - CGT

    It's been on mine for years, since my First Active shares were bought. I assumed that once you were registered for CGT, it would show up.
  7. C

    Selling ESPP Shares - CGT

    You can pay CGT on MyAccount, you just need to be registered for CGT.
  8. C

    Individual setting-up ROS a/c: Tax type & reg no. to use??

    Have you registered for income tax yet? You need to do that first before you can set up a ROS account.
  9. C

    5k threshold for non paye income from State Savings-fill in form 11?

    No. It's not taxable income. There should be no DIRT deducted either by the way.
  10. C

    Tax treatment for new EV

    BIK is only relevant to cars owned by an employer and used by an employee. A sole trader buying a car and using partly for business and partly for personal use can claim capital allowances in proportion to the amount of business use.
  11. C

    Rental Property Tax

    Yes you're right, I hadn't thought of the home carer credit. With that in place, she'll be paying 40% tax.
  12. C

    Rental Property Tax

    Your spouse will have no USC or PRSI to pay if her only income is €4,000. Her tax will be 20% so €800. If her income hits €5,000, there's a minimum PRSI charge of €500.
  13. C

    Services to EU and UK only

    If you're billing a client outside Ireland, you zero rate the invoice and the client charges themselves the VAT in their country by reverse charge. The supplier doesn't pay the reverse charge VAT.
  14. C

    Filing CGT for shares (first-timer, late filing for previous years)

    1. Technically yes but I wouldn't be too worried. 2. You can get previous years' CG1s on the revenue site (google CG1 2022, etc. is the easiest way to find them) but the year is the only significant difference. 3. Correct. Dividends should be declared on an income tax return (Form 11 or Form...
  15. C

    Rent a Room Relief - devil in the detail

    If the income before expenses is over 14k, you're taxable on the full income after expenses.
  16. C

    Form 11 - Share Options-Self - extra 4% PRSI being charged?

    The 52% RTSO includes 4% PRSI (along with 8% USC and 40% income tax). You should be charged 4% PRSI, 8% USC and 40% income tax on the share options on the form and that should be balanced by the 52% RTSO you've already paid.
  17. C

    ROS query on filing return for 2022 for rental income

    No longer chargeable would be my guess.
  18. C

    Where do I submit DIRT on Revenue website for foreign interest (LightYear, TradeRep etc.)

    You can't file a form 12 until the year is over. You can declare deposit interest from 2022 in Manage your Tax 2022. The 2023 form should be available in January.
  19. C

    ROS query on filing return for 2022 for rental income

    Just deregister with effect from 31/12/21. No need to file a return with nothing on it.
  20. C

    Taxation of German State Pensions

    Looing at that, you won't have to include the German pension on an Irish tax return (it's only taxable in Germany) and you'll only pay tax in Ireland on your other income as normal. You'll have to pay tax in Germany on the German pension presumably but I don't know anything about the tax...
Back
Top