Written by John Gaynor NPPR Deductible Rent Profits The High Court has decided that the NPPR is deductible against rental profits.   This means that Landlords would be able to claim tax relief on the annual charge. This was applied for the period 2009-2013 at a rate of €200.00 per property that was not

Written by David O’Dowd You may have followed this story in the media recently, AIB on the back of a hugely profitable year have decided to restore 3,300 homeowners to trackers and offer refunds for interest overpayments,  compensation of 15% of the refund, and up to €600

Central Bank Rules on Mortgages The Central Bank Rules on Mortgages – On November 23rd 2016 the Central Bank announced that they were relaxing their stringent rules on Mortgage Lending for first time buyers. Currently a first time buyer needs to have 10% of the purchase price of the

Local Property Tax Exemptions When Local Property Tax was introduced in 2013, property owners who qualified for local property tax exemptions were required to file a claim for the exemption by filing an LPT Return.  In most cases a residential property that was exempt from LPT. On

Buying and Selling Simultaneously When one is buying and selling simultaneously, it can be a difficult and stressful process. Outlined below is a method which we use on a regular basis: Step 1: Issue Contracts for the sale of your existing property (A). Step 2: On receipt of your Sale Contracts for property

Road Traffic Accident Claims A large area of our personal injury work here at John Gaynor & Co Solicitors LLP relates to road traffic accident claims or RTAs. Many of our clients suffer muscular and soft tissue injuries caused by head on collisions. Often being struck from behind or

Budget 2017 First Time Buyers In the budget 2017 first time buyers should be aware of some of the facts. One of the aspects of the budget, was whether first time buyers would be given any help. The Government announced that first time buyers of new homes will

Property Taxes Explained   LOCAL PROPERTY TAX (“LPT”) Property Taxes Explained simply. This is a tax paid by every household every year. It can be paid in monthly installments or at the conclusion of each year. We would advise that you contact the Revenue with regard to

Truck Makers Fined €3bn For Price Fixing Truck manufacturers Daimler, DAF, Iveco, MAN and Volvo-Renault have been fined €2.93 billion by EU Regulators for the cartel style price fixing of trucks over the past 14 years. VW owned MAN avoided penalty by singing first, although you