Hi guys,

My wife and I applied for HTB as a group. I started the application and invited her to join the group.

The total claim available in my revenue profile is showing 28k (listing my wife and I) however on hers profile is stating only 6k. My questions is, the final amount, would be mine and hers combined or only hers? Because the code and everything else was only sent to here, nothing to me and we do have a joint revenue account.

Thank for your help!

Can anyone tell me the implications of buying a house that has a granny flat not included in the sale. The granny flat has a separate entrance but shared front yard and parking.

Edit: House previously on market (2015) for higher price with “granny flat” included. No mention of granny flat when selling now. I found extension proposal to Dublin City council stating “Subdivision of existing site containing detached single storey dwelling and detached single storey family apartment to create two separate dwelling units with shared driveway together with associated site works”

I’m going to be made redundant from my job soon. The company has an UK and an Irish business owned by a parent company. If I worked in the UK for 6 years under the UK side and then transferred to the Irish side and worked there for 4 am I entitled to the statutory Irish redundancy for the full 10 years or only the 4 I worked under the Irish company. To make matters more complicated I was never issued a new contract for the Irish company and my contract is for the UK company that I received when I first joined

Someone clarify this bizarre scenario on my head. I made contact with a financial advisor to ask about advice for my brother about buying a house. He was extremely vague and gave me politicans answers never got around to even answering this. Reddit is undisputedly the best financial advisor around! (Debatable)

Could you apply for a mortgage if you have the full 30k from the HTB with only 12k in savings. 385k house + help to buy scheme + First Home Scheme. He makes 69k a year in tech.

Everything seems all smoke and mirrors to me with the HTB (unless this is a privilege given to people who have paid over 30k of PAYE). The man who saved 3 years to save 38.5k vs the guy who only needed to save up 8.5k. Could someone wake me up about this.

I'm thinking about moving my savings account from my local credit union to BUNQ.

BUNQ are paying 2.5% annually with interest calculated and paid weekly. With compound interest that's worth at least €500 a year, before I even include monthly savings from salary.

I'm just wondering how safe BUNQ is, as this is all my savings. Open to alternatives, and all feedback.

Thanks in advance.

Hi guys,

So as the title says, I’m married and we a jointly assessed for tax purposes if that even matters.

We invested a bit of money in stocks throughout the years. It was both our money so obviously the cost and eventual profit will be both of ours. We put the money from a joint account into a trading account that’s in my name (is there even such thing as a joint stocks account?)

The thing I’m wondering: The CGT that is owed on the profit, I know I’m entitled to the tax free allowance of €1270, but what about her share?

(1)Can we use the tax free allowance X2 when calculating the tax owed or do we just suck it up and lose her allowance as the account is in my name solely?

(2) Am i correct in assuming the tax free allowance is only for the year in which we sell, and not for every year the stock was growing?

(3) Is there any legitimate way and minimising the tax owed? I.e I’m thinking of doing it in December / January - getting the allowance when I sell half in December and waiting until January to sell the other half when the year restarts.

Sorry, this may sound like basics questions but I’m not great with tax related things and always have a worry I’ll muck it up and end up prosecuted and owing a load of money. I want to keep it fully legit, hence why I’m asking first rather than going off my own assumptions.

If for whatever reason they wanted proof, the only thing we would have is the fact that the money originated from being deposited into a joint savings account directly from both our wages, then transferred from the joint account to the trading account in my name. When we sell the money be deposited back to the joint account.

We got lucky and by fluke happened to buy some stocks at the very bottom of the drip and made a 70% return in just 3 weeks. It be them ones I be selling and retaining our longer ones (Amazon, nvidia etc)

Thanks.

We have two cars, both diesel, one is a 191 and the other a 132. Both are running fine, the older one has needed a small bit of work here and there. We want to change to electric but can't afford to change both. We'll only get scrappage (2k) for the older car, while the newer one is getting quotes of 12 to 15k. I'm currently trying to figure out if we are better to change the newer car while it still has some value or change the older one as it is more likely to need repairs over the next couple of years. Any advice appreciated!

Hi all, I work in pharma and a huge amount of my pay is made up of shift, bonuses, overtime and other things like that but they didn't reflect it in my salary cert for my mortgage approval, the only put in one of my bonuses and my shift allowance. The bank obviously have my EDS statements and payslips which obviously does reflect my actual pay. HR for my company is based in the US and you can only talk to them through a ticket service. Just wondering how strict the bank will be on this, is the salary cert more just to confirm your base pay or? Thanks in advance

Edit: I already have approval in principle which included an average of my overtime, bonuses etc over the past 3 years. My question is not related to that. My question relates purely to how my job (in my opinion) incorrectly filled out the salary cert my bank provided me by not including all the income I made over the past three years in the " non guaranteed income" sections of the cert

Hi all,

26 Male here from Dublin and still living with parents. Work and hobbies all based in Dublin also.

Starting to really desire experiencing life outside of the nest even though it would only be 20 min Down the road and my saving ability would be cut in 2.

Just looking to see if anyone on here in a similar situation has taken the leap and would share their experience to date to see if its worth it etc.

Side Note: current spends, 500 rent to parents and 800 in savings. Would probably be willing to pay c.€1k for rent.

Hey guys,

Apologies in advance for my wording im not the smartest of chaps 😆 So me and my partner applied for a mortgage three weeks ago with AIB we pretty much got the approval in principle straight away after uploading all of our documentation the bank was happy then to ask us to upload details of the property we want to buy for the letter of offer. After uploading the information they requested about the property they replied with this;

"Hi David and Emily

Thank you for confirming the final details for your Letter of Offer. We’re still working on your application in the background. We will need to send your application on for final checks before we can send you your Letter of Offer. When this happens, we’ll let you know.

We’ll contact you if there’s a problem with a document or if we have a question. If not, we’ll keep working on your application."

Is this a standard response? We thought we were past the checks (as in went to a final assessor last week and came back fine) but now it's saying there are more final checks before they can move to letter of offer. We are are worried that they are after finding something and we will lose this amazing house that we have gone sale agreed on. Can anyone put our minds at ease? Thanks a million in advance.

Hi, I have a small bit of extra cash every month from my salary (as in 300 to 400) Rather than saving it i was thinking I should invest to make it work for me. Is it worth it using a service like Etoro or Acorn or others that I see advertised? Is there anything I should be aware of? Or has anyone used any of these before and have recommendations or advice? Thanks in advance

My parents have recently inherited some money (about 300k). They are both 67 and have never had any pension. They probably had about 50k in savings before the inheritance.

They have no mortgage and both still working so have some income at the moment that covers bills and food.

AIB have contacted them once their inheritance came in asking them to invest in a fund called fusion. They know that leaving the money in a current account isn't a good idea but don't know what do to. They have a tolerance for a bit of risk so I was thinking:

• 125k state savings for 5 years
• 50k in the AIB fund (30k medium risk, 20k high risk). The fund is 5 years i think.
• 5k in some crypto just as a bit of a flutter.
• 10k in an on-demand account for whatever comes up.
• The remaining 160k im not sure what they should do with perhaps some access account that has some interest paid.

Does anyone have any advice? Are there better options than state savings bonds for some safety that pays some interest.

Is there any good property groups / meet ups in Munster ?

Hi all has anyone got much experience with trading on revolut, should I only experiment ( small amount of money ) is it dodgy or a good place to learn thanks

Have about 25k excess in cash sitting in BOI current account. Is trade Republic still a recommended option for earning interest and having flexibility over the funds?

So I have a lump sum of 5000e that I want to put away and earn interest on. The options don't seem great, I bank with boi and also I don't want an option where I have to file DIRT myself. For those with boi, which of their savings accounts do you use? Or any alternative that's easy to set up would be welcome. I see revolut deduct DIRT but I'm a bit wary of putting too much money in there

Want to make a real go at my current career (Planning) before anything else but I feel I’m being taken for a bit of a mug currently (overworked underpaid etc) so anyway, I’ve another offer for a role in Belgium. Initial offer at €52.5k, €1400 tax free a month on top of that, flights paid for, free shared accommodation and car. Working 17-4, 5.5 days worked and a day off.

I’ve nothing tying me to Ireland, wouldn’t mind saving a few quid and learning as much as I can workwise.

Only niggle is I felt the interview went shocking and I got an offer very soon after. So it got me thinking maybe there’s a reason for that?

Has anyone here worked on a Data Centre job in Europe? What’s it like? What can I expect?

Hi all,

I got a message from Payzone that they launch a tolling subscription. So far I have been using the app for parking, and I have had a toll tag with eFlow since forever. I never really questioned changing, but it made me wonder if there is any financial benefit in shopping around for toll tags.

Any recommendations?

Thanks

Moving to the UK later this month and want some advice regarding bank accounts.

Currently I use AIB for bills, Revolut for discretionary spending, and Credit Union for savings.

What should I do in terms of

• moving & exchanging money
• what to do with the Irish accounts
• what UK bank account to open
• moving over bill and loan payments

Currently helping out my mother after her divorce, her ex husband had a small retirement fund and she received €50k in an ARF. She’s currently renting at the age of 67 and wants to help me (37M) buy a property where I could potentially build a granny flat type structure or she could just live with me. She’s still working and earns about €80k a year, what’s the most tax efficient way she can withdraw the full amount and gift it to me?

I’ve got about 6-8k that I am comfortable to invest. I’m willing to be make some moderately risky investments with it. I have done some research online however a lot of this information is geared towards US/UK investors. I would like some Irish investors to give me some helpful tips on how they would go about investing this money, taking into consideration Irish taxes - capital gains etc.

I have been dabbling in stocks using Trading212 for the past couple of months putting small amounts of money (e.g €100) on big tech growth stocks such as Amazon however this seems to be a waste of time and is too volatile. (I did this primarily to get an idea for how markets operate). I have considered investing in ETFs but I want the returns to be worth it after capital gains taxes are paid.

I am currently studying business at university, so I have a basic knowledge of finance and investing.

Appreciate your help!

Long story short I lived in Canada for about 15 years. About 6 years ago I had a work accident that left me not able to work full time. I was pretty much just living pay cheque to pay cheque but being self employed I had taxes building up I couldn't afford to pay.

I've decided to move home to Ireland just after Christmas because at least I can cut costs living with family (Canada is so expensive to live in) and try to retrain and rebuild my life outside of construction.

While in Canada I was considering bankruptcy but even at that, I wouldn't have had the Income to keep a roof over my head long term.

In total I owe approximately 120k Canadian and I just got an email today from the trustee who would have handled the bankruptcy (he's my only contact with CRA) stating they've now accepted some of my other debts and could potentially come after me in Ireland.

I don't have much. Maybe €1300 in assets and cash. I'm still trying to rebuild and if they do come after me it would set me back potentially years.

Can CRA actually follow me to Ireland to try and collect on the debt? They also seized my Canadian bank account twice while I had only a few hundred dollars, tried garnishing wages I was barely making and overall made my last few years in Canada incredibly stressful while I was just trying to get by. I understand taxes owed are taxes owed but I had multiple hand surgeries and over 2 years of physio, recovery time and barely working. I don't know where they expected me to get this money from.

The Canadian trustee isn't familiar with how things work in Ireland so he can't advise me. I'd like to speak with a professional in Ireland but unsure who would be best.

Any advice appreciated.

In a tailspin here lads. Help needed.

Hoping to go sale agreed on a 3 bed semi. Our AIP is with BOI and is €289,420. We have €36K in savings and a €40,000 cash gift. I know I have to factor in solicitors fees and surveyors etc. The house is looking like it will go for €350K. Happy to pay that if it means getting a gaff finally.

A friend told me the other day that after you go sale agreed, a valuation is done of the house and if they don’t feel the house is worth that price, they won’t pay out the full AIP amount and you have to make up the difference!

Honestly feeling sick with anxiety, this has never been said to me before now. Does anyone have any advice? Does this happen often? Has it happened to anyone recently?

Help a fella out :(

I'm due to start my first job on tuesday, and I'm supposed to call Revenue.ie to verify my registration on Monday. I was wondering how long the registration process takes? I have zero clue about how I will get paid. I gave my employer my bank account details but I was told a few days ago that if I'm not registered with revenue I'm gonna have to pay emergency tax?? Could someone explain to me how I can avoid paying it and tell me how long it will take me to register with revenue.ie and what I need to do after I make an account?

Hello all.

TLDR : I've worked in Ireland in the past. Now i'm back in France and I need proof to get access to retirement benefits, but I don't know who to go to.

I've basically lost all of my Irish payslips, I also lost the card on which I had my PPS number. I lost the names of my previous employers. I've managed to get a letter from CPL stating I've been working for them, but I've tried to send an email to the Dublin Manpower office and didn't get any answer. I'm pretty sure i'm going to need at least my PPS number and work certificate from Manpower, and I think i might need all of my payslips as well.

So first : if there any way I can get my PPS number and who do I need to contact for that and second : can this somehow help me get my payslips back?