Thank you Minister Noonan

Fr Tod Umptious

Just got a letter from the mortgage company advising us that our monthly payments will go down by approx e25 p.m. due to the changes in the interest relief in the last budget.

Thank you Minister Noonan and Govt, good job.

Godge

Nice to see a good news story in here for a change, it is usually all doom and gloom, when are we going to default etc.

Maybe we should open a good news thread for such stories and other mainstream good news - unemployment figures are down, tax revenues are up, the ECB didn't put up interest rates etc.

The budget deficit is coming down so we are not Greece.

Dannyboy83

Godge wrote: »

Maybe we should open a good news thread for such stories and other mainstream good news - unemployment figures are down, tax revenues are up, the ECB didn't put up interest rates etc.

I genuinely think that would be a good idea for this forum!

eire4

Godge wrote: »

Nice to see a good news story in here for a change, it is usually all doom and gloom, when are we going to default etc.

Maybe we should open a good news thread for such stories and other mainstream good news - unemployment figures are down, tax revenues are up, the ECB didn't put up interest rates etc.

The budget deficit is coming down so we are not Greece.

I agree. It is nice to see some positive news for a change.

Geuze

Increased TRS on mortgage interest will increase the fiscal deficit.

Count Dooku

Godge wrote: »

Nice to see a good news story in here for a change, it is usually all doom and gloom, when are we going to default etc.

Maybe we should open a good news thread for such stories and other mainstream good news - unemployment figures are down, tax revenues are up, the ECB didn't put up interest rates etc.

The budget deficit is coming down so we are not Greece.

:eek::eek::eek::eek::eek:

(Deficit) on Current Account
1 January 2011 to 31 March 2011 - 4,176,684
1 January 2012 to 31 March 2012 - 4,917,680

http://finance.gov.ie/documents/exchequerstatements/2012/excheqstatMar.pdf

FANTAPANTS

not gonna help 1 bit wit me i still have to travel fro cavan to athlone everyday im done money and gonna get worse every year from now on. Yeah its nice to be saving 25 euros a month on my morgage but im not gonna see my famly going to be leaving my house at 7 am then wont get home till 630 7pm when kids are in bed. All this wouldnt of happend if the gov cut all the top OFFICERS in the department off defence indstead of closing 1 of europes newest barracks. Irelands defence forces have more generals than the brits could anyone explain that?????????? We have around 9000 serving personnel at the min the brits 142000 and we have more generals just so they can have top pay NOW THATS A JOKE

flanzer

What bank was it? They seem to be taking their time doing this after making the decision back in December

I never get a letter when my mortgage comes down, but always got a letter when my mortgage went up. I wouldn't mind an email or something!

Godge

Count Dooku wrote: »

:eek::eek::eek::eek::eek:

http://finance.gov.ie/documents/exchequerstatements/2012/excheqstatMar.pdf

I know, we have to get back to the doom and gloom but look, someone has analysed that

http://economic-incentives.blogspot.com/2012/04/first-quarter-exchequer-returns.html

"On the whole, the results seem slightly positive"

After years of things getting worse, who wouldn't take slightly positive?

Godge

FANTAPANTS wrote: »

not gonna help 1 bit wit me i still have to travel fro cavan to athlone everyday im done money and gonna get worse every year from now on. Yeah its nice to be saving 25 euros a month on my morgage but im not gonna see my famly going to be leaving my house at 7 am then wont get home till 630 7pm when kids are in bed. All this wouldnt of happend if the gov cut all the top OFFICERS in the department off defence indstead of closing 1 of europes newest barracks. Irelands defence forces have more generals than the brits could anyone explain that?????????? We have around 9000 serving personnel at the min the brits 142000 and we have more generals just so they can have top pay NOW THATS A JOKE

Feel your pain, but there are plenty of people in the private and public sectors who live close to work who leave home at 7 and get home at 7 because of work pressures. Have done it myself in both sectors.

woodoo

I got that too and it came as a pleasant surprise. I thought they weren't going to do it.

FANTAPANTS

travel not that bad but if i work a 100 hr week like i done a few times last year i done get a penny extra i do moe than 40 hours a week and pay stays them same :(:(:(:(

Cookie_Monster

Ask them not to lower it, keep paying current and save some interest long term, much better bet

Villa05

Fr Tod Umptious wrote: »

Just got a letter from the mortgage company advising us that our monthly payments will go down by approx e25 p.m. due to the changes in the interest relief in the last budget.

Thank you Minister Noonan and Govt, good job.

I hope u lot getting extra trs will be using 25% of it to pay ur property tax. Renters are sick of paying extra tax to prop up the property market at their expense

kev1.3s

flanzer wrote: »

What bank was it? They seem to be taking their time doing this after making the decision back in December

I never get a letter when my mortgage comes down, but always got a letter when my mortgage went up. I wouldn't mind an email or something!

we got a letter over a month ago from our lender, but it shouldn't matter as ours was back paid till the beginning of the year.

antoobrien

Count Dooku wrote: »

:eek::eek::eek::eek::eek:

(Deficit) on Current Account
1 January 2011 to 31 March 2011 - 4,176,684
1 January 2012 to 31 March 2012 - 4,917,680

http://finance.gov.ie/documents/exchequerstatements/2012/excheqstatMar.pdf

The exchequer balance is the current budget and the capital budget:

Exchequer Deficit Q1 - 2011: €7.066173 billion
Exchequer Deficit Q1 - 2012: €4.262652 billion

Dannyboy83

Surplus / (Deficit) on Capital Account

1 January 2011 to 31 March 2011 - (2,889,489)DR
1 January 2012 to 31 March 2012 - 655,028

That's not a positive trend for Capital Expenditure...

Why does Department of the Taoiseach consume so much money?
Is it mainly staffed by civil servants or by special advisors or what?

Spending on Transport, Tourism and Sport seems too low/out of sync with spending in other departments.

antoobrien

Dannyboy83 wrote: »

Surplus / (Deficit) on Capital Account

1 January 2011 to 31 March 2011 - (2,889,489)DR
1 January 2012 to 31 March 2012 - 655,028

That's not a positive trend for Capital Expenditure...

Why does Department of the Taoiseach consume so much money?
Is it mainly staffed by civil servants or by special advisors or what?

Spending on Transport, Tourism and Sport seems too low/out of sync with spending in other departments.

Politically easy targets for cuts. Cut the roads programme, various tourism & sports grants (forgetting that they provide or support jobs) but for gods sakes don't touch SW rates.

Anyhow OT.

As the OP said, this is a small bit of good news.

Now OP are you in the right forum, you're not allowed to be positive in here about anything unless your bashing one of the government, banks, builders or public service :rolleyes:

Fr Tod Umptious

Villa05 wrote: »

I hope u lot getting extra trs will be using 25% of it to pay ur property tax. Renters are sick of paying extra tax to prop up the property market at their expense

?

OK - I read it now and understand it now.

This thread looks like a fight between renters v owners and between public sector (the army) v private sector could breaking out

Riskymove

Dannyboy83 wrote: »

Spending on Transport, Tourism and Sport seems too low/out of sync with spending in other departments.

the NRA, Failte Ireland etc would all have their own budgets