Govt. Tax on Credit cards today...

watna

watna wrote: »

Ooh, interesing info provided here. I haven't used my Irish credit card in the last year - I must check if I got stung for the tax and try and get it back off them if I have.

EDIT: I did get charged but I was 30EUR in credit (I'd transferred the money on to it a few months ago because I'd intended closing the card but changed my mind) so my balance is now 0. I don't think I used it in the last year apart from transferring the money on to it. I wonder if that counts as having used it in the last year?!

Boo-urns - you only don't have to pay a fee on your debit card if you haven't used it. I did use mine in the last year. On your credit card you have to pay it no matter what, you just pay it for having the card. Oh well, it was worth looking in to!

Mrs Garth Brooks

Aren't banks providing visa debit cards now? Or so I read. Aib is meant to provide them soon.

What does this mean? What's the charge, will it be like a credit card since its a visa?

HardLuckWoman

HardLuckWoman wrote: »

Aren't banks providing visa debit cards now? Or so I read. Aib is meant to provide them soon.

What does this mean? What's the charge, will it be like a credit card since its a visa?

no
my visa debit wasn't charged

Radharc na Sleibhte

starviewadams wrote: »

I've about €7 in my account now!

Alright, woohoo for you, no need to brag.

Diabhal_Glas

Diabhal_Glas wrote: »

Anyone know if a refund can be applied for if you prove that you are living overseas?

My understanding is if you have the card registered to an Irish address then you're liable, I had the opposite situation seven years ago when moving here from the UK.

The (UK) cc company were obliged to charge £24 because I had moved here, I very quickly went from five cards to one!

jester77

Loks like I qualify for a refund. Is it just as simple as ringing up the bank and asking for it?

listermint

bbam wrote: »

Posts like the one above never cease to amaze me.. How on earth do you think the country and the level of services we want are going to be funded??

Level of services?

What level of services? Go into the nearest hospital there and see how long you wait, dont stop there see how much it costs you to get an arm bandaged.

The broadband network is is attrocious for most of the country. We have ridiculously high costs for electricity. there are garda stations shutting down.
Sure the Garda station in Tallaght is around one tenth of the size for a station with a population mass that it serves, this
included that it also has no armed response unit. Our roads arent up to much either. Most of the Major motorwats built
in the last 6 years got hit heavily by the frost and snow over the last 2 years and the maintenance has been quite poor.
We have privatisation of bin collections and badly managed transfer of these contracts.

Just where are all these superb services that you speak of?

wonski

bluewolf wrote: »

no
my visa debit wasn't charged

Have you checked your January bank statement. That is when debit cards are charged stamp duty.

wonski

wonski wrote: »

Have you checked your January bank statement. That is when debit cards are charged stamp duty.

ahhh
there it is, 5 euro

wonski

bluewolf wrote: »

ahhh
there it is, 5 euro

Hope i didn't ruin your day...

wonski

wonski wrote: »

Hope i didn't ruin your day...

nah, getting hit for 60 yesterday was worse :pac:

JustAddWater

There is no duty payable where the cardholder has died during the accounting period.

Nice!!! Fake my death and problem sorted....

Amalgam

Terrontress wrote: »

I've complained about it every time. Especially when I was hit for €40 a go on 2 credit cards, a tenner for Banklink and a tenner for Laser.

The rest of the world seems to incentivise taking paper out of payments. In Ireland it is penalised.

If you have a combo card, Banklink\Laser, the ones AIB are so keen to push on you, where you previously just had a Banklink card.. do you pay for both, on the one card?

wonski

Amalgam wrote: »

If you have a combo card, Banklink\Laser, the ones AIB are so keen to push on you, where you previously just had a Banklink card.. do you pay for both, on the one card?

If you use it in ATM - 2.50/year. Paying at point of sale - another 2.50/year.

pickarooney

Damn, I was sure I'd changed all my accounts' billing addresses. At least this thread saved me 30 euros for next year.

holystungun9

30? I thought it was a tenner. Sweet Jebus.

Leslie91

Yep, €30.

Interesting though, we have 2 cards on the 1 account. Thought they'd for sure be charging us €60 total.

And we've the same for laser cards, but for that we got charged a tenner.

wonski

Leslie91 wrote: »

Yep, €30.

Interesting though, we have 2 cards on the 1 account. Thought they'd for sure be charging us €60 total.

It is 30E per credit card account, not actual card.

Mrs Garth Brooks

wonski wrote: »

bluewolf wrote: »

ahhh
there it is, 5 euro

Hope i didn't ruin your day...

You've ruined my day, just had a look at my statement from january and the fcekers stole €5 from me.

Bannasidhe

HardLuckWoman wrote: »

You've ruined my day, just had a look at my statement from january and the fcekers stole €5 from me.

me too :mad:

Leslie91

wonski wrote: »

It is 30E per credit card account, not actual card.

Tx... but isn't it odd that they get u for a fiver a card on the one current account?.

wonski

Bannasidhe wrote: »

me too :mad:

Time to run away from this thread...
If it makes you all feel any better i still wait for MY 400E to be refunded due to ATM fault on last Friday. Still some food left in the fridge, so hopefully will survive till next payday.

wonski

Leslie91 wrote: »

Tx... but isn't it odd that they get u for a fiver a card on the one current account?.

It only shows they do what they want, and there is nothing we can do about it (well we can complain, but it won't change the law).

BaconZombie

Feck Hell...

My payment date for CC is 04/04 I checked it yesterday online and it was at zero, but when I checked it just now I see "02/04/12 GOVERNMENT STAMP DUT" @ 30e.

That meant the either the processing company the Gov is using or the Bank details the item and now my account was not fully paid off and I save to pay extra charges now

Mrs Garth Brooks

I dont get it. They tax your wages, they tax ur atm card, they tax stuff u buy, they want to tax your home now, if u die and leave someone your money, they tax it some more.

Is there any country that doesn't rob you as much as ireland. Im sick of tax and price increases.

Il be finished college in four weeks and beginning to wonder should I even bother working. The most il ever get is roughly 21k a year. Its not alot really.

CiaranTheGreat

I was so annoyed! Just took out a loan to clear my CC and was all chuffed with being over paid by 5.49€ but that's gone now

Run_to_da_hills

Wait until NFC comes to your smart phone and you could be hit with a sales tax change for every transaction you make

SerialComplaint

Run_to_da_hills wrote: »

Wait until NFC comes to your smart phone and you could be hit with a sales tax change for every transaction you make

You mean something like Value Added Tax?

Kev.OC

Run_to_da_hills wrote: »

Wait until NFC comes to your smart phone and you could be hit with a sales tax change for every transaction you make.

SerialComplaint wrote: »

You mean something like Value Added Tax?

Knowing our government it'll be a transaction tax on top of VAT. That's just how they roll.

Temptamperu

I find it funny how are government are on top of taking money from us but seem imbecilic when it comes to medical cards or getting people back to work.

steddyeddy

I find it funny how the government thinks giving people less money to put in the economy will gelp the economy in any way.

Chucky the tree

steddyeddy wrote: »

I find it funny how the government thinks giving people less money to put in the economy will gelp the economy in any way.

Can't be as funny as someone expecting to close a €20bn deficit without taking money out of the economy?

dark crystal

Chucky the tree wrote: »

Can't be as funny as someone expecting to close a €20bn deficit without taking money out of the economy?

Surely they should be concentrating on getting people spending, which sustains jobs and still brings in money in the form of VAT.

This charge just feels like a punitive tax for people who use credit instead of cash. Doesn't make an ounce of sense to me to poach this money from people, many of whom are already paying interest on those CCs to the banks.

That €30 could have been spent in local shops, hairdressers or restaurants instead of going into the government coffers only to be handed straight back over to the banks and bondholders.
Stop taxing people who are already taxed up the wazoo and start encouraging growth instead. It might just work.

Chucky the tree

dark crystal wrote: »

Surely they should be concentrating on getting people spending, which sustains jobs and still brings in money in the form of VAT.

This charge just feels like a punitive tax for people who use credit instead of cash. Doesn't make an ounce of sense to me to poach this money from people, many of whom are already paying interest on those CCs to the banks.

That €30 could have been spent in local shops, hairdressers or restaurants instead of going into the government coffers only to be handed straight back over to the banks and bondholders.
Stop taxing people who are already taxed up the wazoo and start encouraging growth instead. It might just work.

So no tax raises and no cuts is the way forward? Hardly. It's impossible to do that while you're running a €20bn budget deficit every year, sitting around and doing that while continuously borrowing hoping another property bubbles arrives simply isn't very realistic.

dark crystal

Chucky the tree wrote: »

So no tax raises and no cuts is the way forward? Hardly. It's impossible to do that while you're running a €20bn budget deficit every year, sitting around and doing that while continuously borrowing hoping another property bubbles arrives simply isn't very realistic.

I didn't say no tax raises and no cuts. However, there is only so much people can take.

I would just rather see people spend their money helping to sustain jobs, not see it pulled into the great government tax vortex, while businesses fold and people emigrate en masse.

watna

Temptamperu wrote: »

I find it funny how are government are on top of taking money from us but seem imbecilic when it comes to medical cards or getting people back to work.

I think you'll find that's every government in the world - it's not particular to Ireland.

Bullseye1

Chucky the tree wrote: »

So no tax raises and no cuts is the way forward? Hardly. It's impossible to do that while you're running a €20bn budget deficit every year, sitting around and doing that while continuously borrowing hoping another property bubbles arrives simply isn't very realistic.

If we get 400,000 people back to work that deficit would disappear. You need to incentivise people to get back to work and employers to take on people.

Raising VAT has not helped. Not tackling the upward only rents, which they promised does not help. Doing nothing about outrageous commercial rates does not help. But if you were to tackle all three then maybe companies might be more confident about taking on more staff.

Chucky the tree

Bullseye1 wrote: »

If we get 400,000 people back to work that deficit would disappear. You need to incentivise people to get back to work and employers to take on people.

Raising VAT has not helped. Not tackling the upward only rents, which they promised does not help. Doing nothing about outrageous commercial rates does not help. But if you were to tackle all three then maybe companies might be more confident about taking on more staff.

No country has ever had everyone working. Secondly about a 1/3 of those workers are in the construction industry so getting them back to work will be very difficult unless we aim for another property/construction bubble. VAT might not help but it hasn't made much difference. Hard to know if the extra money made from VAT is more or less than the marginal increase in employment a VAT reduction would make.

Upward only rent is something they need to get the finger out on though.

Bullseye1

If we don't aim to get the entire 400,000 back in some form of employment what is the point. Why should there be 100,000 unemployed forever?

When you have retailers paying enormous rates to local authorities when they also pay for water on top it that, pay for their own rubbish collection, ESB, Heating etc it becomes uncompetitive. Now that domestic propery tax is coming in they need to reduce commercial rates and quick. I've listened to many companies who are paying €100,000+ on rates. If they reduced it to €50,000 (money for nothing) thr company could employ two people.

THENORTHSIDER

earlyevening wrote: »

Taking a dump can be taxing enough sometimes. :pac:

Had a belly full of Harp last weekend and have been taxed badly all week:eek:

Chucky the tree

Bullseye1 wrote: »

If we don't aim to get the entire 400,000 back in some form of employment what is the point. Why should there be 100,000 unemployed forever?

When you have retailers paying enormous rates to local authorities when they also pay for water on top it that, pay for their own rubbish collection, ESB, Heating etc it becomes uncompetitive. Now that domestic propery tax is coming in they need to reduce commercial rates and quick. I've listened to many companies who are paying €100,000+ on rates. If they reduced it to €50,000 (money for nothing) thr company could employ two people.

Because no country has ever had it, why aim for the impossible?

Bullseye1

And the rates?

Chucky the tree

Bullseye1 wrote: »

And the rates?

Are they not done by the councils? Some councils I know have already reduced them.

Roaming

I am so angry. MBNA allow me €8000 credit limit yet I haven't taken in any money for last three years! I think this is a total disgrace. I would hate to think a young person was allowed same when unemployed. Just think of how much debt the could get themselves into. I feel so sorry for young people with this sort of temptation. Also, cancelled card today and had to pay €30 for government tax and was then told I would be liable for it next year again even though I never used card in past year and now I have cancelled it. Such a rip off.

seamus

What are you angry about? MBNA won't automatically reduce the limit on your card unless you have difficulty making repayments. You can however ask them to reduce it.

You won't have to pay stamp duty next year if you've cancelled your card.

Roaming

The lady was definite about me having to pay next year and I also rang citizen's advice and they unfortunatly she was right

senordingdong

Hardly the most shocking tax.

Roaming

Considering you are paying for yet another service you are not using it is most unfair. I don't mind paying if I get a service.

seamus

Roaming wrote: »

The lady was definite about me having to pay next year and I also rang citizen's advice and they unfortunatly she was right

Then maybe your phrasing is incorrect. Your card company should already have applied stamp duty for the year up to 1st April to your account.

Now that you've cancelled your account, stamp duty has been applied for the year since 2nd April.

You will not be charged stamp duty again next April, as you will have already paid it.

Roaming

No I told her to make sure and put a not on my account that I was not to be contacted regards this card again and she said if I didn't pay next April it would go against my credit rating.