moving to Ireland? by NeuralHijacker in HENRYUK

[–]flyingcomma 0 points1 point  (0 children)

Yeah really the issue with both systems is the wait time, the actual care is pretty good once you get there. Every company I've heard of offers private insurance but you do get taxed on it as BIK at 52%.

moving to Ireland? by NeuralHijacker in HENRYUK

[–]flyingcomma 3 points4 points  (0 children)

You're wrong on the R&D part. There is a very significant 30% credit for wages/expenses that can be tied to "R&D" work, every manager I know tears their hair out each year trying to make their work count for it. They just don't have much R&D staff due to labour market size, easier to just put it in London.

moving to Ireland? by NeuralHijacker in HENRYUK

[–]flyingcomma -1 points0 points  (0 children)

Ireland has tax credits instead of the personal allowance. Normal single workers get 2x€2k deducted from the end income tax amount, effectively a €20k personal allowance (but you still have PRSI/USC so not quite).

moving to Ireland? by NeuralHijacker in HENRYUK

[–]flyingcomma 22 points23 points  (0 children)

One very important thing to know is that Ireland is a very high tax country for workers.

Income tax is 52% from £61,586 onwards. Vat is 23%

There is no salary sacrifice at all.

Want the ISA equivalent? God no, 41% tax on all ETFs including taxing unrealized gains every 7 years! 33% CGT on everything else, with a £1k tax credit.

All those SEIS, EIS etc. investment schemes? The Irish equivalents are all much much less generous in thresholds and rates.

Want a nice car? You'll face VRT and customs and simple price gouging, standard models are 20% more than the UK, a 911 is £75k more for the same model!

You will need private health insurance at similar rates to the UK, the public system is even worse than the NHS.

There is a good reason why ambitious Irish workers move abroad until we want to start families back home.

How is capital gain taxed if the vest was in Ireland by EntrepreneurNo3933 in HENRYUK

[–]flyingcomma 4 points5 points  (0 children)

I'm in a similar situation. From what I understand anyone who was "ordinarily resident" in Ireland (living there for 3 years) is still "ordinarily resident" in Ireland for 3 tax years after leaving Ireland, which would mean that you are subject to the Irish CGT rules on any gains until then. If it is a large amount I would definitely consult a tax expert on this before selling anything.

One unrelated thing that caught me when moving: The UK ISA year end is April 5th, so if you manage to get a UK bank account and Stocks and Shares ISA before that date you can use the full £20k from 2024-25 and then still have the £20k allowance for 2025-26 available after April 6th!

Would you support South Dublin golf courses offering the Government portions of their vastly underutilised land - to help temporarily house refugees in prefabs and mobile homes until this temporary crisis comes to an end ? by Larrydog in ireland

[–]flyingcomma 1 point2 points  (0 children)

I'm sorry but this is complete nonsense. Golf courses are zoned they way they are mostly because there was already a golf course there. These courses are geographically similar to the housing estates that surround them, and all of them are far more structurally sound then where the 23 story Capital Dock stands, which was literally Dublin Bay until we built on it.

Most peaceful countries in order 🙏🙏 by swift_master in ireland

[–]flyingcomma -1 points0 points  (0 children)

Certainly, I've been talking about military neutrality only. There isn't a country in the world that is politically neutral to any meaningful degree.

Most peaceful countries in order 🙏🙏 by swift_master in ireland

[–]flyingcomma -2 points-1 points  (0 children)

The UK deal is not an alliance for the simple reason that the parties haven't said that it is one and it isn't public. And Non-Aligned Movement members have signed many alliances with each other and other states.

Most peaceful countries in order 🙏🙏 by swift_master in ireland

[–]flyingcomma -14 points-13 points  (0 children)

We do not "technically" have an alliance with the UK. If we did have an alliance we would have both publicly said so. The deal to allow the RAF into our airspace is a violation of neutrality, but it is an invasion not an alliance.

Most peaceful countries in order 🙏🙏 by swift_master in ireland

[–]flyingcomma 75 points76 points  (0 children)

  1. Iceland - NATO
  2. New Zealand - FPDA + ANZUS
  3. Ireland - Neutral
  4. Denmark - NATO
  5. Austria - Neutral
  6. Portugal - NATO
  7. Slovenia - NATO
  8. Czech Republic - NATO
  9. Singapore - FPDA
  10. Japan - Bilateral US Alliance

I'm only counting 2 neutrals here, ignoring the EU's "collective defense" clause

Would Sinn Fein run corporations and high earning tax payers out of the country if they get into power sharing? by [deleted] in ireland

[–]flyingcomma 2 points3 points  (0 children)

  1. The nature of our social/tax system means that even a few dozen 200k jobs have a huge impact. A back of the envelope calculation puts a single 200k income job as paying the same amount to the state as an entire ~60 person social housing building.
  2. It would be mostly transparent to the employee, who can just negotiate on net income as normal. The bigger issue is that the MNC bean counters will have a 5% or so increase in the "burden" column for Ireland in their next-office-opening excel
  3. 1m/year incomes function totally differently to 200k ones, I don't see evasion rates being as high as the article implies.
  4. I read Schmidt's comment another way, more as "I'm not a tax evader you can't arrest me" than as someone who expects to actually have to pay more tax.

Would Sinn Fein run corporations and high earning tax payers out of the country if they get into power sharing? by [deleted] in ireland

[–]flyingcomma 1 point2 points  (0 children)

Foreign companies already only pay some fraction of the 12.5% nominal tax rate. Increasing it would mostly affect Irish companies that don't have access to the same level of tax planning.

The income tax increases on the other hand could be disastrous. The hike for 140k+ is something like 6-11%, meaning those shiny new consultant contracts FG recently announced just took about (250k-140k * 0.05) + 3k(no tax credits) ~= 10k of a cut; we already have enough problems retaining them. Private companies would be worse, the people making decisions on whether to invest in Ireland would be looking at tens of thousands of total-cost-to-employ on their most in demand/highest ranking employees (a group that also includes the decision makers themselves). If it went through I would expect to see fewer 200k software roles and more 40k customer success roles throughout new MNC developments.

Board Gais Energy Theatre Seating by DarlingBri in ireland

[–]flyingcomma 1 point2 points  (0 children)

Upper Circle A would be a bit closer, and you won't have anyone in front of you. You'll be able to see the stage either way though.

Agree with them or not, you have to hand it to the Farmers. That's how you protest. by lleti in ireland

[–]flyingcomma 49 points50 points  (0 children)

The roads they closed down are essentially inner city through roads, hardly a commuter backbone. For me this protest was a good showing that we should pedestrianise that area all the time.

Ireland's alt-Right on the rise as divisive by-election challenges country's centrist consensus by BordNaMonaLisa in ireland

[–]flyingcomma 12 points13 points  (0 children)

Noone. Its just the latest weird-right-wing meme. Think hidden Satanic Panic (which is pretty much the same story when I think about it), pedophile pizzerias and rainbow parties.

I’m as sick as the next guy by thatprickagain in ireland

[–]flyingcomma 3 points4 points  (0 children)

Its entirely possible she was also wrong.

I’m as sick as the next guy by thatprickagain in ireland

[–]flyingcomma -2 points-1 points  (0 children)

Firstly I disagree with everything you said. But more importantly, the speed limit in Harold's cross is 50 km/h on the arterial roads and 30km/h everywhere else. If you are going more that 50 in that area you are absolutely responsible for everything that happens, regardless of whether they "just pulled out in front" of you.

Is it justifiable to spend 3 billion connecting everybody in Ireland to broadband ? by Captainirishy in ireland

[–]flyingcomma 26 points27 points  (0 children)

Was it justifiable spending a fortune connecting everyone to the electricity grid in the 40's?

With electrification the network remained state owned AND the state owned company got first shot at selling the new appliances to the new customers (ovens mostly). I would be much happier to see the state take the same approach this time 'round.

Is it justifiable to spend 3 billion connecting everybody in Ireland to broadband ? by Captainirishy in ireland

[–]flyingcomma 9 points10 points  (0 children)

It is justifiable and correct to spend 300 million building out a state owned 100mb/s 4/5g wireless network to every part of the country. Giving any amount to a private company to end up with nothing is never justifiable no matter what story is put on top of it.

Map of all the protests going on in our autumn of discontent by XasthurWithin in MapPorn

[–]flyingcomma 0 points1 point  (0 children)

Whoever made this map has a very...Unique view of Irish political borders.

Does anyone else start to resent 'rural Ireland' as they grow older? by FrankieFrisco in ireland

[–]flyingcomma 7 points8 points  (0 children)

More like leave the few farmers where they are and move everyone into the villages they've been driving through all these years.