Looking for some advice as I am sure this situation is not unique on here.
I live in the South but work in the North, my payslip still has ny old Northern address though, I now think I should change this to keep it correct.
Are there any tax implications for me though?
Are you claiming the dole in the south?
Quote from: Doogie Browser on January 05, 2012, 01:10:25 PM
Looking for some advice as I am sure this situation is not unique on here.
I live in the South but work in the North, my payslip still has ny old Northern address though, I now think I should change this to keep it correct.
Are there any tax implications for me though?
Is that you Sean Quinn?
Quote from: Radda bout yeee on January 05, 2012, 02:01:04 PM
Quote from: Doogie Browser on January 05, 2012, 01:10:25 PM
Looking for some advice as I am sure this situation is not unique on here.
I live in the South but work in the North, my payslip still has ny old Northern address though, I now think I should change this to keep it correct.
Are there any tax implications for me though?
Is that you Sean Quinn?
:D
Quote from: Doogie Browser on January 05, 2012, 01:10:25 PM
Looking for some advice as I am sure this situation is not unique on here.
I live in the South but work in the North, my payslip still has ny old Northern address though, I now think I should change this to keep it correct.
Are there any tax implications for me though?
You probably should be paying some form of tax/prsi to be on the safe side. Could be implications if you were to lose your job.
Quote from: Radda bout yeee on January 05, 2012, 02:01:04 PM
Quote from: Doogie Browser on January 05, 2012, 01:10:25 PM
Looking for some advice as I am sure this situation is not unique on here.
I live in the South but work in the North, my payslip still has ny old Northern address though, I now think I should change this to keep it correct.
Are there any tax implications for me though?
Is that you Sean Quinn?
Bravo radda!!
www.borderpeople.info You might get some useful info on here...
Cheers Sammy. Thats a useful website
Good man Sammy, best tip you gave in ages :P
Quote from: Nally Stand on January 05, 2012, 06:22:20 PM
Quote from: Radda bout yeee on January 05, 2012, 02:01:04 PM
Quote from: Doogie Browser on January 05, 2012, 01:10:25 PM
Looking for some advice as I am sure this situation is not unique on here.
I live in the South but work in the North, my payslip still has ny old Northern address though, I now think I should change this to keep it correct.
Are there any tax implications for me though?
Is that you Sean Quinn?
Bravo radda!!
;) ;)
Regardless of what your payslip says where you live you are eligible for taxes wherever you are tax domiciled. Depending on how long you have lived in the South (not sure on how many months) you would have to pay tax there now or eventually. There are no major long term benefits of the imposed border. Depending on how much money you are making and if it is possible in your line of work it may be worth while to set up a company in the South or North and try to take advantage of the tax benefits......
Quote from: The Iceman on January 06, 2012, 03:29:04 PM
Regardless of what your payslip says where you live you are eligible for taxes wherever you are tax domiciled. Depending on how long you have lived in the South (not sure on how many months) you would have to pay tax there now or eventually. There are no major long term benefits of the imposed border. Depending on how much money you are making and if it is possible in your line of work it may be worth while to set up a company in the South or North and try to take advantage of the tax benefits......
I am lost now, are you saying I have to pay tax in both jurisdictions? I am not self employed so cannot set up a company.
Quote from: Doogie Browser on January 06, 2012, 03:43:39 PM
Quote from: The Iceman on January 06, 2012, 03:29:04 PM
Regardless of what your payslip says where you live you are eligible for taxes wherever you are tax domiciled. Depending on how long you have lived in the South (not sure on how many months) you would have to pay tax there now or eventually. There are no major long term benefits of the imposed border. Depending on how much money you are making and if it is possible in your line of work it may be worth while to set up a company in the South or North and try to take advantage of the tax benefits......
I am lost now, are you saying I have to pay tax in both jurisdictions? I am not self employed so cannot set up a company.
is that German?? I havent got a notion either what that is supposed to mean, this issue could apply to me soon too as I may be entering the dark side and having Fajita's for my tea for the next few years... :-\
If you live in the south and are tax domiciled there you owe taxes there.
If you live in the north and are tax domiciled there you owe taxes there.
Simple....
Quote from: The Iceman on January 07, 2012, 10:50:05 PM
If you live in the south and are tax domiciled there you owe taxes there.
If you live in the north and are tax domiciled there you owe taxes there.
Simple....
Not simple at all with double taxation treaties between the UK and Ireland. You'll prob have to fill in tax returns in the south but offset any arising liability with the UK PAYE paid. There's specific guidance on the Revenue.ie site.
Quote from: Rois on January 08, 2012, 12:00:17 PM
Quote from: The Iceman on January 07, 2012, 10:50:05 PM
If you live in the south and are tax domiciled there you owe taxes there.
If you live in the north and are tax domiciled there you owe taxes there.
Simple....
Not simple at all with double taxation treaties between the UK and Ireland. You'll prob have to fill in tax returns in the south but offset any arising liability with the UK PAYE paid. There's specific guidance on the Revenue.ie site.
Sorry I meant what I originally was saying was simple. The lads got confused by it.
Yes there are double taxation treaties to consider but I think the initial question arose because the poster was claiming to still live in the North when in fact living (and possibly tax domiciled) in the south.
So if you live in the south and work in the north, you still need to pay income tax in the south?
How do I know if I am resident in Ireland for a tax year?
Your residence status for tax purposes is determined by the number of days that you are present in Ireland in a tax year. You will be resident in Ireland for a tax year in either of the following circumstances:
If you spend 183 days or more in Ireland during a tax year or,
If you spend 280 days or more in Ireland over a period of two consecutive tax years, you will be regarded as resident for the second tax year. For example, if you spend 140 days here in Year 1 and 150 days here in Year 2, you will be resident in Ireland for Year 2.
What income will I be chargeable to tax on in Ireland?
You will be taxed on your worldwide income, for a tax year, that you are resident, ordinarily resident and domiciled in Ireland for tax purposes.
From Revenue.ie