![Walter Dunphy](/img/default-banner.jpg)
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Walter Dunphy
Ireland
เข้าร่วมเมื่อ 25 ต.ค. 2020
I find there is a lot of waffle on some personal finance and business subjects on TH-cam therefore I want to try and provide as much practically useful information as possible.
All content are just my own personal views and cannot be construed financial advice. All viewers should conduct their own research and talk to professional advisors in relation to their own investments.
If you have any questions drop me an email at walterdunphy1990@gmail.com
All content are just my own personal views and cannot be construed financial advice. All viewers should conduct their own research and talk to professional advisors in relation to their own investments.
If you have any questions drop me an email at walterdunphy1990@gmail.com
Can This App Really Do My Bookkeeping? Testing Sage AutoEntry
Courses.irishfinancial.ie
In this video I look at on of Sage's tools to make bookkeeping a bit easier for your business by introducing automation when posting invoices, and statements.
In this video I look at on of Sage's tools to make bookkeeping a bit easier for your business by introducing automation when posting invoices, and statements.
มุมมอง: 660
วีดีโอ
Getting Mortgage Approved When Self-Employed | Ireland
มุมมอง 4645 หลายเดือนก่อน
courses.irishfinancial.ie
Are UK Investment Trusts Really Worth it for Irish Investors
มุมมอง 4516 หลายเดือนก่อน
My book: www.amazon.de/Irish-Investors-Guidebook-Definitive-Investing/dp/B0CDNFGRSW courses.irishfinancial.ie
Taxation & Accounting of Crypto Transactions for Irish Business
มุมมอง 4876 หลายเดือนก่อน
Courses.irishfinancial.ie Book: www.amazon.com/Irish-Investors-Guidebook-Definitive-Investing/dp/B0CDNFGRSW ACCA Accounting Guidance: www.accaglobal.com/gb/en/student/exam-support-resources/professional-exams-study-resources/strategic-business-reporting/technical-articles/cryptocurrencies.html#:~:text=However, cryptocurrency is subject to,is as an intangible asset. Revenue tax guidance: www.rev...
Are Bare Trusts a Good Way to Secure Your Children's Financial Future? (Ireland)
มุมมอง 4076 หลายเดือนก่อน
Courses.irishfinancial.ie In this video we look at the merits to using a bare trust to pass on wealth to your children. Disclaimer: this video is for informational and educational purposes only and should not be construed as financial advice.
Your First Year as Sole Trader in Ireland | First Annual Accounts and Tax Return Timing (Form 11)
มุมมอง 1.4K6 หลายเดือนก่อน
Your First Year as Sole Trader in Ireland | First Annual Accounts and Tax Return Timing (Form 11)
Setting up a company in Ireland as a Non-Resident
มุมมอง 1K7 หลายเดือนก่อน
Setting up a company in Ireland as a Non-Resident
Is Revolut Banking Worth It for Businesses? My Thoughts
มุมมอง 6377 หลายเดือนก่อน
Is Revolut Banking Worth It for Businesses? My Thoughts
Amazon FBM & FBA | VAT for Irish Businesses
มุมมอง 5237 หลายเดือนก่อน
Amazon FBM & FBA | VAT for Irish Businesses
Rental Property Companies in Ireland - Tax Deductible Directors Salary
มุมมอง 5058 หลายเดือนก่อน
Rental Property Companies in Ireland - Tax Deductible Directors Salary
US Sales Tax for Irish Businesses Exporting to the US Market
มุมมอง 2108 หลายเดือนก่อน
US Sales Tax for Irish Businesses Exporting to the US Market
Start your Own Limited Company in Ireland and Save Thousands on Accounting Fees by Doing This
มุมมอง 1K8 หลายเดือนก่อน
Start your Own Limited Company in Ireland and Save Thousands on Accounting Fees by Doing This
Irish Pension Fund Calculator | How Much Do You Need to Contribute Every Month?
มุมมอง 1.9K10 หลายเดือนก่อน
Irish Pension Fund Calculator | How Much Do You Need to Contribute Every Month?
The Irish Investors' Guidebook | Investing for Beginners in Ireland
มุมมอง 2.3K11 หลายเดือนก่อน
The Irish Investors' Guidebook | Investing for Beginners in Ireland
Behind on Your Pension? Here is how you can start catching up | Ireland
มุมมอง 514ปีที่แล้ว
Behind on Your Pension? Here is how you can start catching up | Ireland
Do Irish Companies Need to be Audited? These Companies Are Exempt
มุมมอง 318ปีที่แล้ว
Do Irish Companies Need to be Audited? These Companies Are Exempt
Why Exercising your Options is Usually a Bad Idea | Ep 6
มุมมอง 313ปีที่แล้ว
Why Exercising your Options is Usually a Bad Idea | Ep 6
The Biggest Mistake Irish Investors are Making with their Taxes
มุมมอง 1Kปีที่แล้ว
The Biggest Mistake Irish Investors are Making with their Taxes
How I use Benjamin Graham's Intrinsic Value Calculator to Pick Stocks
มุมมอง 1Kปีที่แล้ว
How I use Benjamin Graham's Intrinsic Value Calculator to Pick Stocks
Your Local Politician Owns These Stocks & Why it is Bad for the Future of Irish Investing
มุมมอง 471ปีที่แล้ว
Your Local Politician Owns These Stocks & Why it is Bad for the Future of Irish Investing
Quantifying Leverage in Options Trading | Lambda Ep 05
มุมมอง 330ปีที่แล้ว
Quantifying Leverage in Options Trading | Lambda Ep 05
How to Cash in on Falling Inflation & Interest Rates (Theoretically)
มุมมอง 339ปีที่แล้ว
How to Cash in on Falling Inflation & Interest Rates (Theoretically)
Crash Course in Options Pricing: Black-Scholes Calculator Google Sheets Ep 3
มุมมอง 716ปีที่แล้ว
Crash Course in Options Pricing: Black-Scholes Calculator Google Sheets Ep 3
Interactive Brokers Paper Trading Account | Learn Options on Easy Mode Ep2
มุมมอง 2.1Kปีที่แล้ว
Interactive Brokers Paper Trading Account | Learn Options on Easy Mode Ep2
Options for Dummies | Starting from basics Ep 01
มุมมอง 417ปีที่แล้ว
Options for Dummies | Starting from basics Ep 01
Using Gordons Growth Model (AKA Dividend Discount Model) to Value Stocks (Free Calculator)
มุมมอง 150ปีที่แล้ว
Using Gordons Growth Model (AKA Dividend Discount Model) to Value Stocks (Free Calculator)
Invest like Peter Lynch with his Fair Value Model Calculator - Free Download
มุมมอง 4Kปีที่แล้ว
Invest like Peter Lynch with his Fair Value Model Calculator - Free Download
Free Discounted Cash Flow (DCF) Model Calculator | Google Sheets
มุมมอง 2.6Kปีที่แล้ว
Free Discounted Cash Flow (DCF) Model Calculator | Google Sheets
Is this good for a taxi-driver
Need ur help mate, your email id please
Can u make a video on producing invoices
Can you fill in the information via Yahoo Finance?
EPS TTM, 5 YEAR EBITDA GROWTH RATE,Expected EPS Growth Rate
Walter, you are a gem to learn about Irish finance world. Would you please expand where to buy stock what to avoid, etc. Thank you so much
I'm confused how does selling all your stock on the last day of tax year and buying it back the next day help you avoid capital gains tax. No matter what day you sell you still earned money selling your stocks which counts as capital gained and income.
I wish i can join the group but reddit wont allow to view it from the browser i must have app installed. : (
So in conclusion revolut dont actually have free business account. With aib boi or ptsb i would get 😊2 years completely free.
@@user-jt8nf4fy8w AIB for example have a 250 annual charge just to access online business banking
@@walterdunphy294 yes but first 2 years are completely free. That could lift you of the ground and also perhaps allow to get business loan.
@@walterdunphy294 revolut free business account it just try out really. If you want completely free business account for life that would be sumup.
Walter, great video. Would you know how long it takes to actually register a company ? Thank you
@@user-jt8nf4fy8w 2-3 weeks
@@walterdunphy294 would you know how some can register in 3 days?
Here's a question: been looking at incorporating SumUp into the business for business start up. They offer invoicing and reconciliation of same using their own account. Alternatively, you can nominate for payments to be made directly into another business account. But without the auto-reconciliation function, obviously. Considering that they take a fee, it could be quite difficult to 'match' and revincile invoices in this way. The question I have is, if you were availing of the SumUp business account (for the purpose of easy invoice matching) and then transferring funds over to your traditional business acc (AIB/ BOI). Do you see any conflicts arising from this practice of holding two business accounts? Would one have to send over per invoice amounts or would weekly/monthly aggregate amounts be allowed?
Sumup is another great example of completely free business account.
I am a foreigner as a student in ireland, can i open a llc?
@@saadali5236 it probably depends on what your visa says
@walterdunphy294 Situation 2 in the video is incorrect. That 40 euro loss can be offset against any other gains. The wash sale rule only applies to share repurchase e.g. buy-sell-rebuy. It does not affect buy-sell. The revenue website is incorrect/misleading regarding: "Shares sold within 4 weeks of acquisition" and needs to be corrected. The Jane example on their website is wrong.
Thanks walter
Hi, I have also seen online that for foreign directors they need to apply for a VIF number because they don't have a PSN number. Is this true? And also would I need to put this number on the form after incorporation for VAT and cooperate tax registration?
@@zobi447 yes a VIF is needed just for the company registration. Once the company is registered , you’ll receive a CRN which you can use to apply for a company tax registration number by submitting a TR2
@@walterdunphy294 in the TR2 form it also asks for the PSN numbers of the company secretary, director and shareholders. Do I just leave this field blank as in our case we are not irish residents and do not have a PSN number?
@@zobi447 add in the VIF number there in that case
@@walterdunphy294 I have a further question. During incooperation of a company the system only allows a director (normal/shadow or alternate) to be added as a subscriber. How is it possible for me to add a shareholder who is not a director of the company?
Hey Walter, thanks for this. That's great content, very simplified and well explained. I have a question: if you have a Canadian company (which has a double tax treaty with Ireland), can you still benefit from having a holding company in Ireland. I have a company in Canada and I'm Irish resident and married in Ireland. I wonder could I set a holding company in Ireland and transfer my 50% shares from the Canadian company to this holding?
Do you have to pay CGT if selling crypto or shares to buy primary property exemption???
@@ricardoarellano9319 yeah you do
Is it still possible to sign up for this course?
@@eerikivanov9079 yes you can sign up on courses.Irishfinancial.ie
thank you so much! the best what is available
Hi, I am just about to do all of this process but my business is a Amazon shop and everything is only but when I go to the option nature of the business I can’t see any option like e-commerce. Any advice about what to select there? I will appreciate your help with this
Does revenue have to be informed of this lease at the start? Or will it be at the end of the first tax year. Also, can this be done more than once after the first 15-year lease? Great content 👌
Brilliant video 🙏
Hi,Walter can you tell me how much income you can keep in a LTD company from a rental property after the deductions. Do you pay company or the same tax from your normal work. For instance if you pay tax at 40% does that include the profit for the company even if you leave it in the company. Or can you allow that profit to build up in the company. Also do you give professional advice to people privately. Kind regards, Damien.
Hi. Super helpful! Thanks a million. I live abroad by I am hired by an Irish employer and I am not an Irish tax resident. Is it possible to stop paying all of these Irish taxes? I mean USC, PAYE, Employee PRSI and of course even the pension?
You can get a PAYE exclusion order
Also the price of the ETP changes in the US premarket (which opens at 9:00 uk time and runs until the US market opens at 14:30). Remember the us premarket is very volatile due to lighter volume and doesn't necessarily reflect what the price will do during the actual US trading day.
It's important to remember that these ETPs can be only be traded during European trading hours so if the underlying US stock falling after 16:30 (UK time) then you will be in trouble. So be careful if you decide to hold them for more than one day.
Hi 13:45 it says that we need to print a form which form we have to print under verification tab ? your help is much appreciated Thank you
Thanks for this,,is there a video of a step by step on how to fill out the physical form...as I'm getting confused at part b "registration for income tax" and its asking for bank details but I can't set up my bank before register for tax 😔
i would also like that! cant seem to find anything anywhere and so far this is the best video i could find that actually talks about the physical process
Clever
Custom Zoho Mail is more cost effective.
Is this typical Irish or can it be done everywhere else?
Good video🍀
Hi Walter Big fan of your videos. Do you happen to have any video on filing share options on a form 11?
Hello Walter, If I register as a sole trader from now let's say June 2024 an I start to sell my products until Nov/Dec, should I pay taxes ? Or I pay taxes after I sell?
thanks for that. great to have it all in one place
hi, i got to the end and it says the director and secretary cant be the same person for a ltd company?
That’s correct, they need to be separate people if there is only one director
Would be nice to know how to fill the CG1 form not just for stock, but also for futures, equity and options, forex, and ETFs!
It’s basically the same principle, but ETFs are not under CGT you pay exit tax so it’s included in your form 11/12
you are a savour Walter ! so helpful
Why do revenue make this so difficult?
They were too lazy to create simple separate forms for property and stocks
😊
I don't quite understand. If I am not an EU resident (Ukrainian citizenship), is it possible to open a CRO. I am planning to be a Sole Trader and open an online shop with sales to the EU and USA and Canada
Residency is where you live, not your citizenship
I love you for your video Buying book as I type this
Do you have a book or resource I could pay for moreso regarding those of us who are rendered financially illiterate due to school showing zero to do with actual real life,. as in setting up personal financial infrastructure & getting started from that same zero 😆
How did you get the EPS growth rate? Please, share the exact numbers and formula as I am getting a different number.
Very helpful video thank you so much
Hi Walter. Can I set up an LLC as a 16 year old
Unfortunately you need to be 18 diarmad
THE BEST TEACHER I NEVER HAD. THANK YOU VERY MUCH
Very useful thanks Walter
Good information. I have achieved good returns on my investment with Miris welt, a professional trader and investment strategist
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Please, how can I contact Miris welt about investments?
She is active on Telegram ✍️
@miris_welt
Hi, thanks for your work. Someone told me that in Ireland every 7 years you are taxed even if you don't sell the stock, is that correct?
Thank you so much :) God bless you