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The Budget |
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Baldrick 
Robbie Keane 
Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Online Points: 32848 |
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 Posted: 06 Dec 2011 at 9:46am |
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If you bought between 2004 and 2008 it is now 30 per cent
It could be argued that mortgage interest relief should never have been brought in at all, as it was just factored into the price anyway and it just went straight to the developer. however now that it is in, its hard to scrap for anybody who reliest on it and esp for those who bought at the peak. Anyway if you bought at the peak your mortgage interest relieve will be 30 per cent. |
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The Count
Paul McGrath 
Joined: 06 Feb 2007 Location: Romania Status: Offline Points: 17177 |
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Posted: 06 Dec 2011 at 9:44am |
the peak  |
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Baldrick
Robbie Keane
Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Online Points: 32848 |
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Posted: 06 Dec 2011 at 9:43am |
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Next budget will have an incentive for pension funds to invest in Ireland and in Irish infrastrure projects etc.
We should be following the Italians in this in my view that to invest in your own country, could stimulate the economy. |
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Baldrick
Robbie Keane
Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Online Points: 32848 |
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Posted: 06 Dec 2011 at 9:42am |
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Depends on when you bought, but think its 15 per cent on average.
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The Count
Paul McGrath
Joined: 06 Feb 2007 Location: Romania Status: Offline Points: 17177 |
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Posted: 06 Dec 2011 at 9:40am |
whats mortgage relief at the moment? |
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9fingers
Paul McGrath
Ballymun Resident #MONKEANO Joined: 30 Jan 2010 Status: Offline Points: 16163 |
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Posted: 06 Dec 2011 at 9:38am |
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1.4c on petrol per litre, 1.6c on diesel
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Baldrick
Robbie Keane
Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Online Points: 32848 |
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Posted: 06 Dec 2011 at 9:33am |
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Gay Pride will be going mad with the a tax increase on fags.
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9fingers
Paul McGrath
Ballymun Resident #MONKEANO Joined: 30 Jan 2010 Status: Offline Points: 16163 |
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Posted: 06 Dec 2011 at 9:30am |
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25c on 20 smokes so now €8
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The Saint
Jack Charlton
Joined: 29 Nov 2007 Location: Ireland Status: Offline Points: 5294 |
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Posted: 06 Dec 2011 at 9:29am |
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smokes up 25 cent |
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FAIlure
Good shot, lovely ............ oh good jaysus |
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Baldrick
Robbie Keane
Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Online Points: 32848 |
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Posted: 06 Dec 2011 at 9:24am |
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Carbon tax on heating fuels held back until may.
no increase in tax on the bag of blocks, or the sod of turf or the bail of brickets. |
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9fingers
Paul McGrath
Ballymun Resident #MONKEANO Joined: 30 Jan 2010 Status: Offline Points: 16163 |
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Posted: 06 Dec 2011 at 9:21am |
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Jaysus enda looks like he enjoys the whiskey a bit too much, big red face on him
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The Saint
Jack Charlton
Joined: 29 Nov 2007 Location: Ireland Status: Offline Points: 5294 |
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Posted: 06 Dec 2011 at 9:20am |
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vat up to 23% as expected
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FAIlure
Good shot, lovely ............ oh good jaysus |
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Baldrick
Robbie Keane
Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Online Points: 32848 |
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Posted: 06 Dec 2011 at 9:19am |
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the idea is to get people to buy houses in 2012. The idea is that there is people out there who are ready to buy but, are holding off to see a bottom in the market. Not sure how much this will work but thats the idea behind it.
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Baldrick
Robbie Keane
Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Online Points: 32848 |
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Posted: 06 Dec 2011 at 9:18am |
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No change to income tax either in bands or credits.
Exemption to USC is being raised from 4000 t0 10000. This is aimed at the hospitality sector and part time work in that. |
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9fingers
Paul McGrath
Ballymun Resident #MONKEANO Joined: 30 Jan 2010 Status: Offline Points: 16163 |
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Posted: 06 Dec 2011 at 9:18am |
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So if your saving for a house. You've now got 12 months to get it sorted. Good idea but puts pressure on people to save more and save quicker.
No changes to income taxes. Universal social charge to drop but only if your part time, seasonal or a farmer |
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The Saint
Jack Charlton
Joined: 29 Nov 2007 Location: Ireland Status: Offline Points: 5294 |
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Posted: 06 Dec 2011 at 9:18am |
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no USC up to €10,036 from €4,004
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FAIlure
Good shot, lovely ............ oh good jaysus |
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MayoMark
Moderator Group
The NEW angrier Freewheeler Joined: 27 Jan 2009 Location: Castlebar Status: Offline Points: 26350 |
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Posted: 06 Dec 2011 at 9:15am |
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Kenny looks like he's f**ked and can't stay awake
 Must have been watching Monday night football last night 
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Baldrick
Robbie Keane
Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Online Points: 32848 |
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Posted: 06 Dec 2011 at 9:13am |
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:) the chances of it going up in that time is nil anyway :)
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Baldrick wrote: