Living in the north, working in the south

moco

I posted this on the cavan board but was thinking I might get a better answer here?

Hi,

I'm thinking of buying a place in Enniskillen where I'm from, but my job will be in Cavan (hopefully). Are there any issues I should think about with people living in the north working in Cavan (or anywhere in the south would be the same I suppose). I'm thinking of things like tax, mortgages etc?

I'm aware that probably sounded like a really stupid question but I just want to think everything through before I commit to anything!

Thanks

Pandoras Twist

I'm not sure of the details, but there is a double tax agreement with the UK. There is Cross Border Relief for employees who are resident in Ireland but carry out their duties in another country (e.g in Northern Ireland)

There are various conditions to be met, but I'm not sure what the treatment is coming from the other side

munchkin_utd

i had a post written for the Cavan fourm but didnt post it after all

the mortgage is something to consider.
If youre from Fermanagh you'll know the stg/ euro rate can fluctuate.
If youre depending on the job to pay the mortgage (i.e. its your sole income, and you dont have a partner earning STG) then you'll have to work out your exposure.
Could you take a hit of 20% on the exchange. Its already from 1 : 1 to 1 : 1.2
It wouldnt be beyond the possibility to see it at 1 : 1.5 at any stage.
If you are tight on disposable income after mortgage repayments, the last thing you need is a 20% "pay cut" on top of that due to currency.

The last company I worked for in Ireland was in Clones and they paid wages in sterling to certain lads from the north.
If your new company really really wants you maybe they could do the same?

Re wages.
my mother worked in the north and lived in the south so the same but different! She definitely was paying stamps and taxes to her majesty despite living in the south. How that was reconciled with the southern authorities I couldnt tell you.
Someone else here surely is in the same position as yourself.

moco

I'm in the Irish civil service so I would be paying all my taxes in the south and getting paid in euros. My boyfriend may be getting paid in sterling or euro, depending on where he gets work.