To residential landlords – how 2018 tax compliant are you?

first_imgLifestyleNewsPropertyTo residential landlords – how 2018 tax compliant are you?By Rose Rushe – June 8, 2018 2339 Kathleen Turner | #WeAreLimerick Episode 32 Linkedin Advertisement Facebook Twitter WhatsApp Email Podcast: Joanne Ryan | WeAreLimerick Episode 31 For Rent Real Estate Sign in Front of HouseOurs is a fast moving world for landlords of residential private property, operating now in a market so under-stocked that Government intervention smacked rent caps on many urban and commuter zones. This Limerick Post feature, one of two, is not concerned with the politics/ morality of government strategy or of property owners looking to turn a buck but takes a close look at what landlords should be looking closely at: their tax returns. Our focus group in mind is the smaller owner who expanded prior to 2008 or more recently during the market low when cash sales ruled. In the post-boom years of doom, unemployment rose, income fell and taxes and charges issued by a starved Exchequer helped fill the deficit. Housing stock was vacated by the thousands and thousands who emigrated with their skillset and earning capacity. There were no buyers.Ten years on, that lunar landscape has changed and acquisitive vulture funds circle. Property Page met with tax expert Roy Finucane, director of the award winning Tax Assist Accountants firm on Roches Street, to keep up with these changing times and relevant legislation.Sign up for the weekly Limerick Post newsletter Sign Up Roy Finucane of TaxAssistAny punter can collect a suite of printed informational handouts from his front office, providing us generously with guidance  in the sea of rising and falling income thresholds, taxes, surcharges and compulsory  State registers such as Local Property Tax as well as Water Charges, the latter lapsed in controversy.“First of all, the single most important action for any landlord working in the present market is to have their property placed in registration on the Rental Tenancies Board (RTB). This is the single biggest thing for a landlord who has a mortgage to offset. You cannot claim tax relief on the interest paid with first registering with the RTB.“The other thing to be conscious of is that mortgage interest relief has risen working off 80 per cent of interest paid in 2017, then rising to 85 per cent in 2018 and hereafter.”Mortgage holders are issued annually by their lender with their certificate of their cumulative interest paid on the loan. It is this exact figure that interests Revenue.“Other things that people may not know about are the supports for social housing if you give your property over to the local authorities for accommodation. There are various schemes such HAP and RAS. If this is your situation, the mortgage interest relief is set at 100 per cent.“This is an incentive set by government strategy to open out more stock to local authorities around the country. People go into social housing schemes for the security of tenancy but rental income is set at lower than the market rate.”    Interview contiinues herecenter_img Previous articleTo residential landlords – how 2018 tax compliant are you? Part 2Next articlePippa O’Connor Ormond’s POCO by Pippa to pop up in Castletroy Rose Rushehttp://www.limerickpost.ieCommercial Features and Arts Editor at Limerick Post Kevin’s journey from special branch to the political heartland Average Limerick city homeowners paying €2,595 on their mortgage TechPost | John Lacey – Episode 5 Print TAGShapInterviewlandlordlandlordsmortgagePropertyRoy Finucanetaxtenant RELATED ARTICLESMORE FROM AUTHOR Land Without God | #WeAreLimerick Episode 30last_img read more

More Than 100 Join Wolf Administration for Third Health Care in Your Community Event at Harrisburg Area Community College

first_imgMore Than 100 Join Wolf Administration for Third Health Care in Your Community Event at Harrisburg Area Community College SHARE Email Facebook Twitter September 17, 2018center_img Healthcare,  Press Release,  Public Health Harrisburg, PA – Today, Wolf Administration cabinet officials were joined by more than 100 attendees for the third Health Care in Your Community event held at Harrisburg Area Community College (HACC) in Dauphin County.“Health Care in Your Community events give Pennsylvanians a chance to learn more about what our administration is doing to help increase access to care, lower health care costs, prevent disease, and educate consumers on how to get and stay healthy. After the success of my administration’s Cabinet in Your Community events and the many health care-related questions raised at these, we created a health care-focused initiative to hear from local residents and talk about important health related issues,” Gov. Wolf said.The Health Care in Your Community initiative is modeled after the Cabinet in Your Community events, which provide members of the community a way to interact with cabinet secretaries and talk about issues important to the region. The first Health Care in Your Community event was held in June at Lehigh Carbon Community College in Schnecksville and offers a similar interaction but with a focus on health care.Department of Health Secretary Dr. Rachel Levine, Department of Human Services Secretary Teresa Miller, Department of Aging Secretary Teresa Osborne, and Insurance Commissioner Jessica Altman provided region-specific updates on major initiatives and accomplishments to make health care more accessible and focused on community and consumer need, followed by an impromptu question-and-answer session with the audience.“I am excited that so many members of the community came out to hear from and ask questions of our cabinet officials today,” said Governor Tom Wolf. “It’s important that we continue to have this type of valuable dialogue about health care all across the commonwealth and that everyone has an opportunity to feel connected to Harrisburg no matter where they live.”The administration is planning more Health Care in Your Community events throughout the fall and winter months.last_img read more

NBA: John Collins gets 25-game ban, tests positive for growth hormone

first_imgLast Updated: 6th November, 2019 16:49 IST NBA: John Collins Gets 25-game Ban, Tests Positive For Growth Hormone John Collins who has made a stron start to the season was suspended for 25 games without pay on Tuesday after testing positive for  Peptide-2 a growth hormone. 10 months ago NBA: Kevin Durant reacts hilariously to Garrett Temple’s soft dunk SUBSCRIBE TO US WATCH US LIVE COMMENT First Published: 6th November, 2019 16:49 IST WE RECOMMEND 10 months ago NBA 2019-20: LA Clippers vs Milwaukee Bucks match preview & team news Suraj Alva LIVE TV FOLLOW US 10 months ago NBA: Chicago Bulls vs Los Angeles Lakers result and player ratings Also Read: NBA: Chicago Bulls Vs Los Angeles Lakers Result And Player RatingsJohn Collins apologises Speaking to the NBA website, Collins apologised to his teammates, the Hawks organisation, fans, partners and community for this situation. He also said that he is incredibly frustrated and disappointed for putting the team in this position. He also added that he has been always careful about what he consumes, and the supplement he took, which unbeknownst to him, had been contaminated with an illegal component. The forward now plans to fight his suspension in arbitration so that he can get back on the court as soon as possible and continue to contribute to our 2019-20 campaign. Collins is having a good start to the season so far with 17.0 points, 8.8 rebounds and 2.0 blocks through five appearances. Also Read: NBA: LeBron James Mocks Haters After Scoring 3 Straight Triple-doublesHawks President of Basketball Operations Travis Schlenk said that the team are committed to supporting John as he learns from this setback and continues to grow as both a player and a person. He also said that Head Coach Lloyd Pierce believes that Collins is truly remorseful for his actions and the team will provide support on and off the court while we look forward to his return to the team.Earlier, Phoenix Suns centre Deandre Ayton was suspended after testing positive for a diuretic. In August, Brooklyn Nets forward Wilson Chandler also faced suspension for testing positive for Ipamorelin the drug that increases the release of growth hormone.Also Read: NBA: Kevin Durant Reacts Hilariously To Garrett Temple’s Soft DunkThe NBA, like other major professional US sports leagues, has not signed with the World Anti-Doping Code, instead, the league is running its own anti-doping program.Also Read: NBA: James Harden Surpasses Allen Iverson For 5th-most 40-point Games 10 months ago NBA: Boston Celtics vs Cleveland Cavaliers player ratings, results In another violation of the NBA’s Anti-Drug Program, Atlanta Hawks forward John Collins was suspended for 25 games without pay on Tuesday after testing positive for Peptide-2 a growth hormone. Collins’ suspension begins with Tuesday night’s game against San Antonio Spurs. Collins tested positive for Peptide-2.  Written By 10 months ago NBA: Houston Rockets vs Golden State Warriors match preview, team newslast_img read more