means test

9 results

Undeclared foreign property could land you in big trouble with both the tax authorities and the Department of Employment Affairs and Social Protection.

Over eight years ago, some property was inherited by people residing in Ireland who, at the time, were in receipt of social welfare. This property in (...)

If your son can avail of the dwelling home exemption, no inheritance tax applies as the property is not even considered against his tax-free limit. Photograph: Yui Mok/PA

I have a son in his 30s on invalidity payment as a result of a diagnosed mental illness. Will that payment be affected if he receives an inheritance o(...)

In Budget 2020, Minister for Finance Paschal Donohoe increased the amount that a person or couple can earn while still being eligible for a full medical card

Are the restoration of medical cards subject to means testing in the case of an 85-year-old, and what are the rules relating to this? Mr P.M., Dublin(...)

If someone rents out a property, Revenue will assume that it is being done at the market rate for the property’s area. Photograph: Kate Geraghty

I have a query about rental income. A close relative of mine owns a second house which he inherited in 1996 and which is derelict for 20 years. He is (...)

Windfall gains can be a double-edged sword to people on benefits. Photograph: Getty Images

My brother has a history of drug abuse and homelessness. For the past few years, he and his girlfriend have been living in an apartment where they are(...)

Even if you’re not eligible to qualify for a contributory State pension you may be entitled to   a non-contributory pension. Photograph: iStock

Maybe you’ve never worked; maybe you worked abroad, or maybe you just didn’t work enough to earn enough contributions to qualify for a contributory St(...)

Your son is entitled under current rules to receive up to €310,000 in gifts and/or inheritances from his parents over his lifetime before he has to pay any capital acquisitions tax

My wife and I are worried that our son aged 50, who is on jobseeker’s allowance and would not appear to have any future, may end up without a roof ove(...)

With interest rates in general being as low as they currently are, clearly State savings are an option worth considering

Surely your articles over the past two weeks are incorrect or am I misunderstanding the details? You say: “The savings products on offer through An P(...)

The bottom line, for you, is that gifting your son the €1,000 should not impact his eligibility for Jobseeker’s allowance. As it is below the €3,000 annual small gift threshold, it will also have no impact on his ability to inherit from you down the line without paying tax

How much savings can a person have before the dole payments are reduced? We would like to give each of our three children €1,000 but one is on the dol(...)