bananas16 wrote: » Hi all, we paid a booking deposit today on a new home. Very exciting! As far as I understand, this is refundable for 21 days, after which time we would be expected to pay the balance of deposit and sign contracts etc. The estate agent / contractor are still under the impression that we pay the balance of a 10% deposit at this stage, although I'm thinking that we should only have to bring this up to 5%? And the remaining 5% will be paid directly from Revenue to the contractor? Does anyone have any idea when this money should come through as we / contractor / bank are all in the dark as to how the new scheme will actually work in practice. Any advice greatly appreciated!
bittihuduga wrote: » myself and wife are joint applicants for mortgage and house purchase. we are also jointly assessed for paye. is it just one of us logon to revenue and submit the details? or we both have to submit it online?
andreip wrote: » to add another scenario: myself and wife are joint applicants for mortgage and house purchase. as my wife is unemployed/home care, no income for last 4 years, no home care tax, should I apply as individual for HTB scheme or we need to apply as group membership? now if we apply as group membership, my wife needs to register for ROS, but on registration form Tax Type/Approval No and Regn. No./ Id No. are requested. I understand Regn No is her PPSN which is ok, but what tax type from below list should she pick as unemployed who wants to register on ROS to progress with HTB group confirmation....
andreip wrote: » I can apply as a sole applicant, but not sure if this will not impact on stage 2 of HTB process when the contract and mortgage will have both my and mywife name... I've tried to find on Revenue.ie any details for this particular scenario. You mentioned "she would be under the PAYE- employee tab.". I you are reffering employee tab of my PAYE profile or her PAYE profile as individual employee? Many thanks
andreip wrote: » You mentioned "she would be under the PAYE- employee tab.". I you are reffering employee tab of my PAYE profile or her PAYE profile as individual employee?
xmazyx wrote: » Mine took 2 days for it to go through. My understanding is that you need to receive the P21 balancing statement in your PAYE anytime before the Help to buy application will let you submit your application. This took an additional day
xmazyx wrote: » Hi lunamia, No I haven't given these details to the Bank or the Builder, I assumed that this is just for applicants who are in the process of buying as a means for the Bank to see that the applicants have been approved by revenue for the scheme and the amount they can claim (so that bank knows what amount they can include in the mortgage application) and that the builder can verify what the revenue will pay him on the purchasers behalf. My assumption is that seeing as I am a retrospective FTB that the official contract from solicitors and the mortgage statement/offer should suffice. However I sent in all paperwork on 6th of January and haven't heard anything since so could be asked for more info yet, I don't think the revenue themselves even know how they are to process these claims.
ShogunWarrior wrote: » lunamia I provided the codes to our builder and our broker (to pass to the bank) but it's likely that they don't need them since we're retrospective buyers. It's yet to be seen how the builder/developer verification will happen though my builder's secretary said that in their conversations with Revenue it seems like that part isn't built and may not be ready 'til end of Jan.
andreip wrote: » to add another scenario: myself and wife are joint applicants for mortgage and house purchase. as my wife is unemployed/home care, no income for last 4 years, no home care tax, should I apply as individual for HTB scheme or we need to apply as group membership? now if we apply as group membership, my wife needs to register for ROS, but on registration form Tax Type/Approval No and Regn. No./ Id No. are requested. I understand Regn No is her PPSN which is ok, but what tax type from below list should she pick as unemployed who wants to register on ROS to progress with HTB group confirmation.... PAYE-Emp VAT Environmental Levy Income Tax Corporation Tax CGT DWT DIRT PSWT SSIA IUT LAET C&E CAT RCT Betting Duty Air Travel Tax EVR C&E Charitable Donations Diesel Rebate PAYE-Emp Bank Levy Tax Clearance Tax Clearance Tax Clearance Tax Clearance VAT MOSS MOT FATCA DAC2-CRS FATCA DAC4-CbC I'm confused.
pilly wrote: » PAYE Employee. I would imagine it is beneficial to you to register your wife. Do you not claim her tax credits?
andreip wrote: » Thanks for reply. Well, as she's a house wife/house care, no income on her side for more than 3 years, so no reason to claim any tax. She's mentioned on my Revenue taxes, so I presume all her taxes are from my income. But she doesn't have a PAYE or ROS accounts, only I have PAYE account
davidsr20 wrote: » I'm also on the stage where it says app under review and I have a code. I didn't not send in any paperwork yet as it didn't ask me too yet. Revenue told me they have no idea how to process the app yet and to sit tight they would get back to me. Is there any point sending in the paperwork yet as it will prob ask us too on the next stage?
PedroDublin wrote: » Same situation here, it has been under review for ten days now. I called them and they told me to wait. Anyway I created an enquiry and send all information already, as I have it I don't mind sending it in advance as they give you the application reference.
morrga wrote: » How do you get your application reference number or do you create in the my enquiries page? My wife and I still haven't been able to join our application together i.e. cant see where to accept the others request.
davidsr20 wrote: » What paperwork did u send in? We signed contract but I don't have a copy yet. We signed in November house ready march.
PedroDublin wrote: » Copy of the signed contract, letter from the bank with the mortgage offer, and a word document answering all the requirements they asked for
