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A GOVERNMENT WORKING group has been set up to review what tax breaks could help renters in the next Budget.
When asked by TheJournal.ie if the rent tax credit could be re-introduced, Housing Minister Simon Coveney hinted it could be a possibility, but said ultimately it would be a decision for Finance Minister Michael Noonan.
The rental tax credit, which was phased out under the austerity measures during the recession, meant those paying for private rented accommodation were eligible for rent relief.
Rent relief currently only applies to individuals who were renting a property on and before 7 December 2010. No credit is due to individuals who began renting after that date.
Tax relief
What we have agreed with Michael Noonan is that we will set up, and he will chair, a working group to look at taxation in the rental market.
In relation to the re-introduction of the rent tax relief, he said:
That is a decision for the finance minister – it is a decision after a lot of discussion and stakeholder discussion and so on – but that is now underway, so we will have to wait and see what the outcome is.
Coveney said in the last Budget there were a number of tax incentives targeted at landlords, which aimed to boost supply.
“Mortgage interest relief is moving back towards 100% interest relief. It was reduced down to 75% as cost saving measure a number of years ago, but we are looking to reverse that now. Again for landlords, we looked at the increased threshold for tax free income for the rent-a-room scheme.
“But I do think we need to look at how we use the tax system to increase supply and support people who are under pressure renting.”
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Very interesting- well done to the author making life worth living again!
Very well put especially our minds can lie to us. Not just addiction, I often shook my head, slapped myself, threw water on my face to escape an unwelcome emotion. Took 10 years to find that statement, the mind can lie, before you get to do something it had already whispered the negative outcome. From that continuously they also rewire. On form, off form confidence or none, you can’t smack, splash a neuroconnection away easily. It’s a marathon task to change yourself from that cycle. A story that I hope others will see and find their own path.
The support available for eating disorders in Ireland is atrocious….3 public bed available to serve tens of thousands apparently. Average stint in a private hospital (about 8-12 weeks) is upwards of 50 grand. We’ve a lot to do. Great support available in uk.
@deisecelt: hospital beds are for those medically unwell though which is really restricted to those with a restrictive ED or anorexia nervosa. That would be a regular medical bed for which the usual ‘bed shortage’ issues apply. Treatment for binge eating disorder would be as an outpatient. Psychiatric beds for eating disorder are few and far between but again can’t see binge eating disorder requiring one unless part of a syndrome like Prader Willi and some other mental health issue at play.
Well done author for writing this so well. Food is accompanied with so many rewards both physically and socially, that’s where the danger is. It’s also one of the hardest addictions to stop because unlike smoking/drink/drugs, you can’t just abstain, you still need to eat. And the remorse you feel after binging is ridiculously strong. Not only women suffer through this also.
Thank you for sharing your story. The 12 Step programs share a success rate with inpatient programs for addictive disorders. And they are free, you may give a donation at your ability. You talk about connecting with your Higher Power. It is important for people to understand that some Judeo-Christian deity is not necessary. Twelve Step programs provide not only support but a structure for better dealing with stress and emotion.
Is purge vomiting or going out the other way. Do u need a laxative to expel it?
@Coole Swan: Vomiting if i remember my H.E. correctly
@Coole Swan: it’s either
@Coole Swan: both
The success rate of 12 step programs is abysmal to say the least. Studies have shown that only 5 percent of people stick with 12 programs after 12 month.
The 12 steps has a terrible success rate, studies have shown only 5 percent of people stick with a 12 step program after 12 months.
The success rate of 12 step programs is abysmal. Studies have shown that only 5%of people stick with 12 step programs after 12 months.
The success rate of 12 programs is abysmal. Studies have shown that only 5 %of people stick with 12 step programs after 12 months
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