P60

bugle

Hello all,

I was sorting out some tax information yesterday because i just started a new job after gettin back from australia. the girl from revenue informed me that i will need to file a P60 at teh end of this year (naturally) including the money i would have earned over seas over the last year!

How can this be? i have earned that money else where and paid the due taxes. that shoudl be the end of all the tax info on that money surely. should i include this money in this years P60 or should i just ignore adding it? what would come out of this for me?

Thanks

bugle

bump :o

mickbyrne

I've never heard of the revenue requesting this before but they would be correct. Under Irish tax law you have the concepts of 'domicile' and 'residence'. Basically, I assume you are Irish, so therefore your country of domicile is Ireland. The next thing that needs to be looked at is your country of tax residence. Depending on how long you have been away you are probably still considered to be tax resident in Ireland.

Therefore as you are both domiciled and resident in Ireland you are liable to Irish tax on your world wide income.

You will need to file a 'Form 12' at the end of the year on the assumption that you are not self employed.

These two links give you most of the info you need.
http://www.revenue.ie/en/tax/it/leaflets/res1.pdf
http://www.revenue.ie/en/personal/circumstances/moving/tax-residence.html

Regards,
Michael
www.perspective.ie