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whelan1 · 15-12-2010 06:40AM #1

when is the final installment , in the budget they said december

foundation10 · 15-12-2010 08:50AM

whelan1 wrote: »

when is the final installment , in the budget they said december

The press release said december but talk is cheap

If it is anything like the lack of speed with the payment of REPS and the sheep payment you will be waiting

whelan1 · 15-12-2010 09:01AM

thanks for that very helpful reply:rolleyes:

tommylimerick · 15-12-2010 03:31PM

i am waiting on this as well
when i was talking to them last year they said it would
be the end of this year and i haven t heard anything
to the contrary so i presume it will be
might ring them now that you have reminded me......

BeeDI · 15-12-2010 04:24PM

whelan1 wrote: »

when is the final installment , in the budget they said december

You are right. They did say December, but they didn't say what year:cool:

tommylimerick · 15-12-2010 08:05PM

phoned em after postin here
secound week - third week of jan 11
fingers crossed

whelan1 · 15-12-2010 08:31PM

just in time for my birthday

whelan1 · 16-12-2010 03:32PM

according to the fj payments tomorrow and the interest payment thingy is coming in january;)

reilig · 16-12-2010 04:14PM

whelan1 wrote: »

according to the fj payments tomorrow and the interest payment thingy is coming in january;)

That would be a life saver

foundation10 · 23-12-2010 11:54AM

Did everybody get paid this week? No sign yet but did not expect anyway until Jan

whelan1 · 23-12-2010 11:55AM

yup i got it yesterday , paid off bridging loan

foundation10 · 10-01-2011 02:04PM

Just wondering did anybody receive money for the final 20% in Jan 2011?
Does anybody know when it will be paid this month?

whelan1 · 10-01-2011 02:11PM

i got the final 20% before christmas , now waiting on the interest payment

reilig · 10-01-2011 02:11PM

foundation10 wrote: »

Just wondering did anybody receive money for the final 20% in Jan 2011?
Does anybody know when it will be paid this month?

Got it on Dec 23rd last year. I thought all were paid out on that day. Just waiting for the interest on it now.

towzer2010 · 10-01-2011 02:47PM

foundation10 you better check it out with the department. I got mine on the 23rd as did everyone I know that was waiting for it. I think all balances were to be paid on that day but I may be wrong.

raindodger · 10-01-2011 08:19PM

Got paid in december as well

adne · 10-01-2011 08:39PM

whelan1 wrote: »

i got the final 20% before christmas , now waiting on the interest payment

same here. How much interest will be paid

whelan1 · 10-01-2011 09:23PM

up to 3.5%

whelan1 · 11-01-2011 10:15AM

it says today its a payment of 3.5% on the deferred amount , is that the 20 % or what , in my book it was all deferred as it wasnt paid when it was supposed to be

reilig · 11-01-2011 10:56AM

The Journal last week said that if you had got a grant of €75k then you would be in line for €1600 in interest. I got a grant of around €50k so I hope I'll get €1200. I paid €1560 in interest on my loan (according to my loan statement) so at least it will go some of the way to covering it.

it says today its a payment of 3.5% on the deferred amount , is that the 20 % or what , in my book it was all deferred as it wasnt paid when it was supposed to be

I don't know. It seems to me that every government department deliberately fuzzes the information that they give out so that you cannot nail them down to anything if they make a mistake or a change.

EDIT: Just took out the calculator - looks like you will get 3.5% of 60% of your total grant IYKWIM

just do it · 11-01-2011 11:15AM

adne wrote: »

same here. How much interest will be paid

60% was deferred in 2009, so 3.5% on this for one year.
Then 20% was deferred in 2010, so 3.5% on this for one year.

60% of €75k -> €45k. 3.5% of this is €1,575.
20% of €75k -> €15k. 3.5% of this is €525.
Thus the total on a grant of €75k should be €2,100.
The journal seems to have come up a good bit short!

I wouldn't be surprised if they don't pay out 3.5% as interest rates dropped since that was decided upon.

What ever it is, it is badly needed, to help go towards this year's payment for the bank loan on the rest of the shed!!

whelan1 · 11-01-2011 11:40AM

it was supposed to be paid the 3rd week in january

5live · 11-01-2011 11:45AM

I rang dept last week to find out why mine wasnt paid and was told mine due this week so will have it next week:rolleyes:. So i should have the interest by july:(. Do i have to vote FF as they are all paid even those passed after me:mad:

reilig · 11-01-2011 11:53AM

just do it wrote: »

The journal seems to have come up a good bit short!

Did the Journal come up short or will the Department come up short?? :rolleyes:

raindodger · 11-01-2011 10:45PM

the department ill bet
was it not all tied into when you received your first payment as you were only owed the money from that date even though they stalled a lot of the files
we will all probably finish up with different amounts

whelan1 · 14-01-2011 09:27PM

was there anything in the journal this week about it ? didnt get it yet

5live · 15-01-2011 10:54AM

Just got my 20% yesterday so happy day. It only lasted 2 hours in the current account:(. Wait for the election to be announced i'd say and the interest payment, sheep headege and DEP will all be announced. Or am i just being cynical

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