Maintenance Payments –How it affects your Income levy and PRSI
Firstly, how maintenance payment is treated for Income Levy depends on whether you have voluntarily agreed to pay maintenance or if there is a legally enforceable agreement
Child Benefit – Proposed changes
The Commission on Taxation’s job was to make suggestions across the spectrum of tax and social payments and Child benefit is proving to be one of the most vexing issues. But they will be recommending to the Government next week that Child Benefit is made taxable. How would Taxing Child Benefit work?
Calculate my Mortgage Interest Relief
So you have a new/existing mortgage or loan relating to your home and want to know how much you are due in mortgage interest relief. there are 3 questions you need to ask yourself in relation to this:
Have I an eligible loan?
Am I a First Time Buyer (FTB)?
What are the rates of relief?
We have looked [...]
Irish Banks on Takeover radar
I see that a Canadian bank is in discussions with AIB (http://www.rte.ie/news/2009/0814/aib.html)
It is unsure whether the bank is interested in the whole group or just the US business. If it were interested in the whole group, this could have very significant consequences.
Not least, this could have implications for NAMA. We have seen how the dutch [...]
Mortgage Interest Relief – are you a 1st time Buyer?
So much changed for mortgage holders in the April 2009 emergency Budget. Many who previously had mortgage interest relief lost it, and for others the amount they received changed.
We have already looked at eligiblility in a previous post (Here). Once you have checked that you are eligible, the next step is to see [...]





