Location is decent ok, but I'm not sure about the building standards. Some modern apartments have paper thin walls and you can hear all sorts of things you'd really prefer not to.Originally Posted by Stanley
Looks wise few spec. built apartments look great I reckon. Some older shelled buildings renovated can look decent though.
Have a look at this beauty (in Essex CM13) :-
September exchequer returns indicate strong growth in tax revenues.
http://www.irishtimes.com/newspaper/breaking/2012/1002/breaking44.html
Are we beginning to see the fruits of all the foreign direct investment we have been hearing about start to feed into tax revenues?
We are certainly seeing the fruits of all us contractors getting ridden bareback anyway Glorob, that well will run dry very soon and certainly in my industry contractors have two choices, moving abroad (paying tax abroad) like I have done or giving up trying and going staff. It will cripple Ireland's flexibility as a location for pharma multinationals but sure hey thats a long term view, its all about surviving day to day which is fair enough to be honest
David Wallace, James Coughlan - Heroes, Jonathan Davies
A stark, but in my view, realistic economic outlook from two Central Bank economists. They reckon that the property maket will take between 7 and 18 years to recover. Outlook for employment not great either.
http://www.irishtimes.com/newspaper/...reaking34.html
Contracting is nothing more than a tax dodge. The sooner the loopholes are closed down, the better. Most of the time you are a defacto employee.
I say that as some who has contracted for the majority of my working life, in Ireland, the UK and Oz.
“Do not repeat the tactics which have gained you one victory, but let your methods be regulated by the infinite variety of circumstances.”
I havent been a defacto anything in ten years. While you are entitled to your opinion may I point out that companies need a flexible temporary highy skilled workforce for projects. Also where expenses are concerned most of us just use the civil service rates for legitimate expenses and for this we forgo job security, pension, health benefits, any prospect of redundancy, dole or other any other social benefits. Social benefits I and the majority of contractors I know still pay for but have never and probably will never access.
I know there are those who flout the system and we all know how they do it but thats why we have a revenue service / audits, not to torment the compliant majority
David Wallace, James Coughlan - Heroes, Jonathan Davies
speaking as someone who currently has to resource work in the constraints of having no budget for permies but needing to supply resources, the bulk of people contracting I come across are not your big money raking it in abusing the rules type. My team is now 60-40 split contractors to permies and not likely to get any closer to even any time soon. We have kept some guys on longer, because we have a need for a contractor for another piece of work and these guys are good. We have also gone through quite a few short termers and have some more who won't be renewed beyond their current contract. None of these guys are getting paid a fortune either.
\"A million monkeys with a million crayons would be hard-pressed in a million years to create anything as cretinous as Battlefield Earth.\"
No holiday pay, no pension, no sickness pay and out the door at the drop of a hat and at the client's whim. Defacto employee?
'I am thankful for laughter, except when milk comes out of my nose' - Woody Allen
Twice the salary makes up for that. Less tax is an added bonus. Writing off everything under the sun as "expenses" is a god send.
“Do not repeat the tactics which have gained you one victory, but let your methods be regulated by the infinite variety of circumstances.”
No thats not a god send as you call it, its asking to be auditted and rightfully so (then interest and penalties etc rightfully apply so no god send), my point is the revenue who sat on their collective arses and did nothing for years are now harassaing the silent majority who did things above board and by the revenues rules. I can tax compliantly and legally work abroad on nearly twice the rate and pay them fock all, see how that maths works for them
David Wallace, James Coughlan - Heroes, Jonathan Davies
I didn't know a sinner who was audited until the last few years.
If they are clamping down, that's a good thing.
“Do not repeat the tactics which have gained you one victory, but let your methods be regulated by the infinite variety of circumstances.”
Yes clamping down on the gangsters is fine but some of us compliant tax payers havent the time or money to pay accountants (yet again paying the useless b;tards for work they already did) for what is tiny money, sure you just relax and enjoy your mansion Fitzy eh, some of us don't live in ivory towers
David Wallace, James Coughlan - Heroes, Jonathan Davies
http://www.independent.ie/business/p...g-3249424.html
What make ye of this?
Select sections of the Dublin market are out of step with everywhere else. There is plenty of cash sloshing around and there are only so many period buildings.
I watched some of the auction live yesterday, it was my first time seeing them in action. The main auctioneer is very entertaining, but it was fascinating to see people being cajoled into bidding more than they were comfortable with or planned to time after time. You could almost feel the uncertainty and panic coming out of the screen, as bidders waited until the last moment to increase a bid.
It wasn't subtle either, "Come on now, you haven't been frightened off, have you?" " You could bid once more - he (a rival bidder) might be at the top of his limit"
But you have to hand it to Allsop's, amid all the talk of a slow market and how hard it is to move property they know that there is a price to be made out there, you just need to accept what the price is. Of course their vendors are realistic too, or they wouldn't be using them.
By the way, are some of the Dundon's still residing in Mayorstone Court? Lot 27 yesterday.
I am sure she has done her research and knows that at least parts of that street flooded quite badly a year ago, and that there will be no problem drawing down that mortgage and fulfilling her obligation to buy!Young buyer Doireann Hennebry (26) from Cork was thrilled when she managed to net her first home, with partner Stephen Hicks, having been disappointed at the last Allsop auction.
She came with her parents, fending off several phone bids to buy the two bed red-brick house on Armstrong Street in Harold's Cross, Dublin for €162,500 -- well over the reserve of €100,000 but a little less than Ms Hennebry had thought she would have to pay.
"We're renting at the moment and that's more expensive than the mortgage will be," she said.
TBH, it is in the interests of newspapers to hype the property market at every opportunity and no-one will stop or try to control it.
This seems to have got a reasonable price, 'tis straight across the road from the main gates at Thomond Park;
http://www.auction.co.uk/irish/LotDe...000012&S=L&O=A
"There's not enough Hippies to save our lives"
http://www.youtube.com/watch?v=oiYGdIC2xMA
Considering you were - by some distance - the biggest cheerleader of the Celtic Tiger on these forums you've some conjones to mention ivory towers!
The fact remains that the majority of contractors are using limited companies to reduce their tax obligations, while being defacto employees.
“Do not repeat the tactics which have gained you one victory, but let your methods be regulated by the infinite variety of circumstances.”
I cant help it if I am a positive person by nature, your negativity online does you no favours as I am sure in real life you are probably quite balanced
David Wallace, James Coughlan - Heroes, Jonathan Davies
Negativity my hole.
I think most people would call it realism - something that sadly the "positive" people in the boom seemed to lack.
“Do not repeat the tactics which have gained you one victory, but let your methods be regulated by the infinite variety of circumstances.”
If you can kindly name a few loopholes I'd be grateful !
Yeah me too Point, getting auditted up to me breakfast each morning, they can send charlie bird and an RTE team out to follow me around for all I care. Fitzy did post on this website that he had an investment property in ireland, no doubt he pays the relevant taxes.
David Wallace, James Coughlan - Heroes, Jonathan Davies
I did hear of one in the UK where some Saffer and Aussie contractors, that I worked with, shut down their company with a large Vat bill outstanding and opened up a new one. The same ones supposedly paid themselves a tidy redundancy when they wound up their company for the final time, before heading back to SA and Oz.Yeah me too Point, getting auditted up to me breakfast each morning
I am not into all that, I will pay my few shekels and move on, thankfully in my case I was very conservative, my main problem is a money grabbing wagon for an accountant, rather than the tax man. I know Fitzy bought my story hook line and sinker over the many, many years I took the piss out of him but I never got involved in property investment despite my banks throwing virtual money at me
David Wallace, James Coughlan - Heroes, Jonathan Davies
The Housing Market has a way to go yet. Property Taxes, Oversupply, Tight Money, Squeezed Incomes and Emigration will see to that.
I still think there'll be a soft landing in a couple more years.
I hope now that we are at terminal velocity and that all the dead cats have stopped bouncing and have created a nice carpet for the soft landing.
...and Mr. Crow comes on for Mr. Magpie.
Nah, always knew you were a WUM.I am not into all that, I will pay my few shekels and move on, thankfully in my case I was very conservative, my main problem is a money grabbing wagon for an accountant, rather than the tax man. I know Fitzy bought my story hook line and sinker over the many, many years I took the piss out of him but I never got involved in property investment despite my banks throwing virtual money at me
“Do not repeat the tactics which have gained you one victory, but let your methods be regulated by the infinite variety of circumstances.”
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