Help! €30.000 bill???

Attybat

Back in 2007 my Ex and I sold our home he then left the country....
At the time he said something about not paying some tax or bill on the property and they (not sure who) could go hang....
The bill I think he said was for €30,000+
I never found out what it was for and I can't ask him as I don't know where he is...
TBH at the time I wasn't in a position to do anything, becoming a single mum and with no income...
I have worked really hard and am now in a position to get myself back on the property ladder and out of rentals.... but I have no idea as to what that bill was for.....
I have looked on-line and I can't find any reason why we would have had a bill of that amount on selling our family home.

Does anyone here know what it would have been for?

Atlantic Dawn

Was the house in both your names?

davo10

Attybat wrote: »

Back in 2007 my Ex and I sold our home he then left the country....
At the time he said something about not paying some tax or bill on the property and they (not sure who) could go hang....
The bill I think he said was for €30,000+
I never found out what it was for and I can't ask him as I don't know where he is...
TBH at the time I wasn't in a position to do anything, becoming a single mum and with no income...
I have worked really hard and am now in a position to get myself back on the property ladder and out of rentals.... but I have no idea as to what that bill was for.....
I have looked on-line and I can't find any reason why we would have had a bill of that amount on selling our family home.

Does anyone here know what it would have been for?

Capital Gains Tax. You sold during the boom so your house had probably gone up a lot in value from when you bought it. Talk to an accountant, there are exemptions which may apply but this depends on residency and price it was sold for (profit or loss).

Stealthfins

No point in dragging this up,maybe it was something he said off the cuff.

I wouldn't worry about it unless you got the bill in the post recently,or else it was part of the mortgage.

Just look at like buying a bar of chocolate,the seller doesn't add on the vat at the till.
It's all in....

Attybat

I thought Capital Gains wasn't paid on a family home...
I have never had a bill or anything....

fepper

Sure its nearly 10 years ago at this stage,if someone had been owed that kind of money they would not leave it go this long without getting paid,forget bout it

Stamp duty?

seamus

You have never been made aware of any bill or tax that you are liable for and as far as you're aware nothing is outstanding.

The taxman is really the only person you should be afraid of - for proper peace of mind you can contact Revenue and ask them for a tax clearance certificate.

Deleted User wrote: »

Stamp duty?

Stamp duty is payable by the purchaser, not the vendor.

The only think I can think of is if they hadn't paid management fees and the management company had engaged a solicitor, the costs could have reached €30k. But if they managed to sell the property, then it's tough sh1t on the management company really.

Attybat

I think my Ex said it was from the solicitor....

Effects

fepper wrote: »

Sure its nearly 10 years ago at this stage,if someone had been owed that kind of money they would not leave it go this long without getting paid,forget bout it

Revenue don't see it that way. It might just not have come to their attention yet.
It may never come to their attention.

seamus

Engage a different solicitor. Explain it to them. They can go and find out if any judgements have been registered against you.

Attybat

I think my Ex said it came as a bill from the solicitor.... I was sure it was a tax of some kind.....

Pro Hoc Vice

Attybat wrote: »

I think my Ex said it came as a bill from the solicitor.... I was sure it was a tax of some kind.....

30,000 for selling a house?

fepper

Effects wrote: »

Revenue don't see it that way. It might just not have come to their attention yet.
It may never come to their attention.

It would have been flagged to revenue when purchased by buyer on paying stamp duty on that property if any outstanding taxes were to be paid by vendors ,they'd remind you alright!!

Pat Mustard

fepper wrote: »

It would have been flagged to revenue when purchased by buyer on paying stamp duty on that property if any outstanding taxes were to be paid by vendors ,they'd remind you alright!!

It is possible that if somebody did not qualify for Principal Private Residence Relief, they could have Capital Gains Tax (CGT) liability upon the disposal of their family home.

Furthermore, once the value of the property was not over the relevant CGT threshold that pertained at the time, the purchaser would not have to concern himself with the vendor's CGT liability.

EDIT: maybe you are saying that the revenue would remind the vendor. However, the revenue may not have been made aware that a capital gain was made by the vendor.

schemingbohemia

Basically you're asking a question about a hypothetical situation that you have no detail on, apart from half remembering that your ex said there was a bill outstanding of €30,000 9 years ago?
Did you receive any money from the sale of the house?
Were you on the deeds or the mortgage?
Were you married?
Is the solicitor that you used still in business? Aware of your current address?
The whole story is very odd.

Stealthfins

I'd leave it,don't be drawing any attention to yourself.

You'd be getting warning letters and charge sheets by now.

Let it go let it go....

Mrs OBumble

OP, it's not what I'd usually post in Legal Discussion - but it sounds to me as though your ex is still f*cking with your head, nine years later.

GavMan

Nobody here can tell you what it is.

Speak with the solicitor that dealt with the sale of the house and also contact revenue to clarify your status.

Pat Mustard

schemingbohemia wrote: »

The whole story is very odd.

In the absence of details as to how this €30k liability arises, this thread will be closed.

Up to you, OP.

aierlan1000

Say nothing until you hear more!

fepper

The op has gone quiet and doesn't answer the queries here anyway

grogi

Attybat wrote: »

Back in 2007 my Ex and I sold our home he then left the country....

Does anyone here know what it would have been for?

2007? Wouldn't statue of limitation apply already? Unless there is a case already going...

cocker5

Deleted User wrote: »

Stamp duty?

you pay stamp duty before you even get the keys not AFTER you sell.

ohnonotgmail

grogi wrote: »

2007? Wouldn't statue of limitation apply already? Unless there is a case already going...

not if it was money owed to the revenue.

grogi

ohnonotgmail wrote: »

not if it was money owed to the revenue.

But I've paid my bills. Don't need to keep documentation for more than 5 or 6 years, right?

And that's a serious question, trying to figure out the ways revenue works in Ireland...

coylemj

Pat Mustard wrote: »

In the absence of details as to how this €30k liability arises, this thread will be closed.

The sooner the better. What's being discussed here is a 'bill' possibly arising from a transaction which happened nine years ago and which exists only in the OP's imagination since there is no paper record of such a liability and nobody is knocking her door down or sending her threatening letters.

Nothing to see here, move along please.

Pat Mustard

See below re Revenue time limits:

Link.

(e)
Revenue Actions
2.111
Section 3 of the Statute of Limitations 1957 governs the application of the Statute to the State. Pursuant to section 3(2)(1) of the Statute, the provisions of the Statute do not apply to the following actions:

Proceedings for any sum due in respect of a tax or duty that is (for the time being) under the care or management of the Revenue Commissioners, or any interest due on such sums;

Proceedings for the recovery of any fine, penalty or forfeiture incurred in connection with any tax or duty which is for the time being under the care and management of the Revenue Commissioners;

Forfeiture proceedings under the Customs Acts or the Acts which relate to the duties of excise and the management of those duties.

2.112
It is beyond the remit of this Consultation Paper to examine each and every limitation period applicable to revenue actions. The discussion below is merely a flavour of the limitation periods that might be most relevant to individual taxpayers. It should be noted that in other jurisdictions, special considerations have been found to apply to actions to recover tax such that these actions should not be subject to a core limitations regime.

Although there are time limits which govern the time within Revenue assessments must be made, there are exceptions which apply to these time limits.
Link.

Also note the following:

An important point to note is that if a chargeable person has not met the condition of making a full and true disclosure of all material facts, there is no time limit and an assessment can be made at any time in these circumstances.

There is no time limit for the raising or amending of assessments in cases of fraud or neglect.

Sleeper12

grogi wrote:

2007? Wouldn't statue of limitation apply already? Unless there is a case already going...

There's no statue of limitations on money owed to the revenue.

seamus

Sleeper12 wrote: »

There's no statue of limitations on money owed to the revenue.

Actually Revenue have four years to collect tax that has been declared. Kind of a formality though. I doubt Revenue have ever failed to collect a declared tax bill.

Undeclared tax payable has no time limit and may follow you to the grave.

Hazydays123

Maybe your ex inherited the property that you lived in. Thus he might have been liable for capital acquisitions tax.

ectoraige

Was the home in his name only OP? If there was something outstanding, it might only be him that's liable, if at all. Seek a tax clearance cert from revenue, that should suffice to put your mind at rest. Anybody else owed that much has either written off the debt or managed to chase down your ex.

ectoraige

You can also apply for a credit report for €6, good to know where you stand as far as the banks are concerned.