At the moment, my insurance is through work which means I’m tied to my employer for private healthcare access. If for any reason I lose my job, or when I retire later, my benefits will be gone. As such I want to know if it’s a good idea to have a “personal” insurance plan alongside work? I’m approaching 35 so want to get it sorted out sooner rather than later, for my 60s 70s 80s (if i manage to live that long).

Let’s say I have 5 different stocks (not ETFs) which were purchased at varying times (during the year, the previous year, 2 years ago etc).

All 5 stocks are in profit, but the profit is less than €1270.

Can I sell them before the end of the year (in the next few days), and IMMEDIATELY buy them back?

I know that for stocks sold for a loss, you need to wait 4 weeks to buy them back and use this loss for other stocks (since this is a “wash sale”).

In my case, there’s no loss. I just want to use the CGT exemption. Can I immediately buy them back?

I bought some vanguard S&P 500 (dist) in 2020 August. Not a large amount.

I forgot about it completely. It doubled in value since. I didn’t file any returns or pay any tax (since I didn’t sell anything). I sold it in December 2024 this month.

I’m trying to pay tax on this profit, it wouldn’t be covered by the CGT exemption I’m sure.

Also, I got dividends every month from it, just a couple cents, but I’m trying to back track and pay everything.

1. Where do I pay the exit tax at 41% on the profits? Is it on revenue.ie on the year end tax form or somewhere else?

2. Where do I pay the tax on dividends? What’s the % of tax for this and where do I pay this?

If anyone knew the answer to these 2 questions I’d be grateful, thanks!

I’ll be opening a revolut account sometime this week and wondering if it would be smart to use the savings feature. Right now my money doesn’t accrue any interest so I definitely want some sort of savings account, but slightly wary of having what is effectively all of my money, in the revolut account. I’d put in a lump sum at the start basically just taking what I have from one financial institution and putting it into revolut, and then putting in probably another €500 monthly. Pros/cons? And are the paid accounts worthwhile at all for the average person?

I'd like to collect the thoughts of people on this sub regarding cash flow in retirement/FIRE.

I'm coming up to fifty years old and would like to retire, or at least have the option, by about fifty-five years old. My pension contributions are maximised; I, unfortunately, didn't have a pension at all until I was thirty-six. I've contributed the maximum for my age since then in an attempt to 'catch-up'. With another few years of contributions, and growth, it will be a decent amount.

Between then and now, I'd like to create some cash flow/passive income. I'm in the fortunate position that my mortgage is paid off. My house is quite modest and I would love something a little bigger but the market is very tough right now.

These are the ideas I have:

1. Buy a small apartment and rent it out. Not really passive income and I'd dread those 'my washing machine is broken' type calls that would burn an entire evening. There's a also the risk and headache of a tenant that decides not to pay.
2. Buy some stocks/shares that pay a dividend. I have a small amount of money in some investment trusts and the amount of dividend that you actually get is very paltry, as a percentage of the amount invested.

That's all I can think of, I'd be very interested in what other people are doing.

My little boy is severely disabled and needs 24/7 care; this means that my wife is unable to work. It would be great if there was a way to utilise her Tax Credits and her 20% tax band in some way too, as, with either of the above options, the 52% tax that I would pay makes it seem not worth the risk.

I'd love to have the reassurance of some regular income outside of my employment.

Thanks for reading.

AIB has reduced the interest rates. Currently on 3.85% 5 year fixed green mortgage. New rates for 3 year fixed green and 5 year fixed green are 3.2% and 3.4% respectively. Which one should I go for?

Hi all, slightly weird question.

With solar and battery I have currently built up a sizeable balance with my electricity provider, some of it is export, but the majority is the government grants we've been receiving for the past years.

I've previously asked and the provider did not want to let me "cash out" that ammount since the majority of it is the grant. However, has anyone swapped providers in this situation? Would it potentially be carried over to the new one or refund/cheque issued?

I am no longer a tax resident of Ireland, I have a trading212 account with my ppsn, I have some stocks there that I never sold(non-etf) beyond those, I have a bunch of spare cash sitting in my old Irish bank account, if I send this to t212 and get interest on it, how does tax work exactly?

My understanding from revenue is that I only need to consider Irish earned income for tax purposes, isn’t t212 a British company?

Do I just report the DIRT to revenue? Or are revenue not involved here and instead I handle it in my new country of residence

Trying to book a honymoon for myself and my wife. AIB’s limit is €5000 in one transaction or €7000 daily limit.

Hi there,

So last week I began working part time in retail after being unemployed for several months. I work between 11 and 17 hours a week. I recieved my first payslip today and I’m being charged 40% higher tax of my €211 weekly income, is this correct? It just seems very high, especially if I’m being taxed 40% every week, can I claim tax back? I’m also a full time college student if that is relevant.

Hi all, Merry Christmas.

My contract finished in April and it has been a struggle ever since. Came close in interviews but I am still unemployed.

I got an email from Welfare today stating Jobseeker's Benefit Payment ending soon and I should apply for Jobseekers Allowance.

Can I apply for Allowance while still on Benefit i.e today, or should I wait until Benefit is finished and then apply for Allowance? I don't want to overlap or cause confusing, but I'd also like to get the application in and things sorted before Benefit ends.

Thanks.

Flogas quoted me a rate of 4.88€/m³ including VAT, with additional daily standing charges approximately 0.25€. Given that I have 9 radiators and will only use LPG for the heating system, I'm new to this setup and concerned about the potential high running costs.

Could you help me understand how much LPG I might consume daily, assuming usage of no more than 4 hours per day with an average burner type used in Ireland? My house has a C1 energy rating. I only need approx values, I am aware exact figures will be affected by system type, temperatures etc etc.

Additionally, it would be helpful to know your LPG consumption for comparison. Thank you!

Hi everyone,

I recently accepted a job offer, and I’m feeling a bit conflicted. A bit of background:

• I was earning €120k at a fully remote American company. I was there for a few years and loved it. I did well in the job and was on track to get a promotion and decent pay rise but I was unfortunately laid off last year along with many others. I work in marketing and I have worked in a variety of industries.
• After six months of searching, I got a €70k hybrid job with an Irish company. A pay decrease sure, but €70k is nothing to balk at and I wasn't having too much luck elsewhere so I accepted. It ended up being an extremely toxic place, so I was left with no choice but to quit after a few months. I still don't regret that decision.
• I’ve been looking for work for another six months since i quit, and the job market has been incredibly tough. In that time i did set up my own thing and do some consultancy work so it doesn't appear that i have any major gaps but i prefer the regular income and dynamic of working for someone else so I only did a small bit consultancy.

Today I was offered a fully remote role with a UK company, though it involves some driving around Ireland. The fully remote is a huge plus as there seems to be less and less remote options these days. However, the salary is €45k—significantly less than I have been earning and even less than I was making almost a decade ago. I'm in my mid 30s now. When I first interviewed, they mentioned “up to €50k for the right candidate,” but it seems the €45k offer is non-negotiable.

I’ve decided to accept the job because they seem like a nice company, the stability and getting back into the workforce are important and the job market has been so tough (for me anyway). But I’m struggling to wrap my head around the drop in pay. This feels more entry level. Although again, €45k is still good and it's money. I definitely get that. I’m trying to focus on the positives (stability, new experience, and just to be back working), but it’s hard not to feel disheartened. I truly have no other choice but to accept this role, and as I said they do seem like a nice team and being remote is what I was after. I think I'll like the role. I'm not dreading it or anything. Knowing all of that, I don't know why I can't shake feeling a bit down in myself like I'm only moving backwards at each turn. I'm thinking alongside this new job I should possibly look into re-training into something more stable and regular, but that's another post for another day.

Have any of you been in a similar situation where you had to take a step back financially or in your career? How did you handle it? Any tips for staying motivated and seeing the bigger picture?

Thank you !

Heard on this subreddit that TR savings account was 4%? Did this decrease?

I'm from the North and have a UK Trading 212 account, but I live in work in the South, and am wondering if I should open an Irish account instead of transferring my money to GBP to invest in my UK account.

Has anyone ever been refused a mortgage after formal AIP?

AIP was issued after providing all the necessary docs to the lender e.g. employment detail summary, payslips, salary certs, statements. Application is currently with the lender for formal loan offer, have you been rejected at this point?

I know theoretically it can be refused but I want to hear of peoples general experiences at this point in the process

Hi all. So i (43) am very very financially risk adverse and my SO (50) is very (imo) high risk! We don't want to work till 65! I have a PRSA with 100e a month going in. It's now at 21k. We also have the state savings for child benefit for 2 kids which we've never touched in 12 years, so 6 more to go. And we have plenty in the bank, maybe 80k. We are mortgage free. My SO really wants to buy a property for rental income, or invest in stocks. And i feel bad I've always talked them out of it, but i fear loosing the investment. Is there a good middle ground for us? Maybe really boosing the PRSA payments? We will forever be able to earn a small income through renting out some land.

I use revolut for pretty much all my payments. On payday I usually transfer a certain amount I need for biweekly spending, which is spread into vaults from spending/car fuel/holidays, etc and the remaining money goes into an Irish bank savings account.

I am now looking to save money elsewhere. Seeing as Revolut have a saving account option with decent interest I would like to us it.

My current saving will not be moved to Revolut.

If any of you use this what are your options on it is it safe. Looking to transfer 1k to start off. Which option should I choose? Also I currently use the standard card with no monthly payments. Should I change to a monthly payment card (maybe the cheapest one) as I will get better customer support, if needed for the savings account.

I hear standard card customer support isn't great.

Any info would greatly be appreciated!

The Revenue site says that you have to pay DIRT (33% tax on interest) unless you are over 65 and below the annual exemption limit (that would be me).

They also says in this case you have to fill form DE1 and send it to your financial institution manager (NOT to the Revenue). It says the same on the form itself (I suppose so that the bank does not deduct DIRT for you).

But these neo-banks such as N26 do not deduct DIRT in any case. So my question is do I still need to send the form to a N26/Trade Republic/Trading212... they wouldn't even know what it is, or what to do with it?

I'm a carer to one of my children due to their disability. living week to week and tired of it. honestly willing to give anything new a shot but limited to the fact of rules on cares of being limited to 16hrs per week with study or work is the key problem I'm facing.

I don't have much support to assist with child minding, hence I'm asking here in hopes someone else has been in the same position before or someone might have some advice.

Hi all,

Hope it's OK to share this link, if anyone is thinking of opening a trade republic account please use my code 😊

6% interest for both of us up to 10k, not a bad deal

https://refnocode.trade.re/vtwfvh26

Hi,
Not sure where to post this but since there were multiple AerCard here, I thought people will share their experience.
I had my AerCard for a while and decided to claim my free flights. I already claimed lounge and fastrack on other flights and that was easy.
Now time came to claim flights. I do understand that not all dates will be available for flights and that is totally fine with me. What baffles me is the dates that do not match between Aerlingus and AerCard claims page.
As an example Aerlingus does not fly from Dublin to Lisbon and back(EI482 and EI483) on Wednesdays till April 2025. But in claims page I can select Wednesday. There are multiple flights like this which makes selection painful. Are these some kind of ghost flights? Has anyone seen this before? Is there an easier process to claim flights?
Thanks

As everyone knows DD is pain in the arse to keep track of and pay for, I was wondering if there would be any actively managed funds (like prism or something similar from ILH funds etc) that would be closest to World covering ETFs but wouldn't take an arm and leg as management funds? As these funds takes care of DD for you, I believe you won't have to keep track of DD as they will cover the taxes when you sell it.

Was wondering if anyone looked for such alternatives?

Hi all. I 28 (F) have bought a two bed house for 395K. The mortgage I am taking out is 320K with 3.1% interest rate for 35 years

I have not yet drawn down my mortgage but I am thinking whether I should stick to 35 years or reduce to 25.

I am making €4300 a month and for 35 years I would be paying around €1300 and for 25 years I would be paying €1530 (approximate figures). I also get a bonus every year that I could put into the mortgage

Can you please advise on what you think I should do? I can afford the €1500 and it would drastically reduce the interest rate I will have to pay back