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Paul McGrath
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Count Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:40am
Originally posted by The Saint The Saint wrote:

mortgage relief up to 30% for 1st time buyers if you bought between certain period didn't hear but presume 2004-2008


whats mortgage relief at the moment?
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:42am
Depends on when you bought, but think its 15 per cent on average. 
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:43am
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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Paul McGrath
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Count Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:44am
Originally posted by Baldrick Baldrick wrote:

Depends on when you bought, but think its 15 per cent on average. 


the peak Cool
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:46am
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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Roy Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote bhob Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:47am
Petrol going up by 1.4 and 1.6 makes no difference as the price is changed everyday. It'll have been put up by 3 or 4cent by tomorrow morning in some garages. 

Also tax on being a thick went up by 4% hard luck Gerk Thumbs Up
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Saint Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:47am
Originally posted by The Count The Count wrote:

Originally posted by The Saint The Saint wrote:

mortgage relief up to 30% for 1st time buyers if you bought between certain period didn't hear but presume 2004-2008


whats mortgage relief at the moment?
 
25% years 1&2
22.5% years 3,4&5
20% 6&7
 
FAIlure

Good shot, lovely ............ oh good jaysus
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Paul McGrath
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Count Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:48am
so how many years does the 30% last for?
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Jack Charlton
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Saint Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:50am
Originally posted by The Count The Count wrote:

so how many years does the 30% last for?
 
looks like indefinitely but obviously up for review each year
FAIlure

Good shot, lovely ............ oh good jaysus
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:52am
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 9:59am
Internet betting will be taxed in  the next budget looks like.

Also there is legislation planned in relation to low priced alchol. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote RogerMilla Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 10:02am
Originally posted by Baldrick Baldrick wrote:

Internet betting will be taxed in  the next budget looks like.

how can they enforce that ? most of these sites are hosted in gibraltar.
 
they should tax the winnings in the bookies , no one would complain
The first time the Devil made me do it. The second time I did it on my own.
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 10:04am
I think thats why its not introduced in this budget, its been look into, they are just flagging it. 
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 10:11am
With the decrease in the interest rate expected and an increase in the mortgage interest relief rate there is a possiblity that there will be some people who are better off in January of 2011 than they were in November in 2011.  
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 10:42am
Is Green Tribe Ursuala Halligans love child :)
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Fitzinho Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 10:46am
did anyone see what the motor tax increase was on engine size system 3001cc and above? I can't find it anywhere :(
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 10:49am

Motor Tax: Changes to apply from 1 January

  • Band A up €56 to €160
  • Band B up €69 to €225
  • Band C up €28 to €330
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Robbie Keane
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 06 Dec 2011 at 10:49am
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