Quick question on Income Tax Return Tax Band

no1beemerfan

I'm meeting a woman later who is from spain but self employed here since moving here in June. Her two childern are here too. Her Husband still lives and works in Spain.

She is registered with Revenue as being married but living apart.

My question is does she fall into the single parent qualifying for one parent tax credit and therefore the €40,400 threshold at 20%?

dbran

Hi

I understand that where one spouse is non resident, you cannot claim joint assessment and thus she is not entitled to the €40400 standard rate band.

She is entitled to the single parent allowance if she satisfies the conditions set out here. http://www.revenue.ie/en/tax/it/credits/one-parent-family.html

BTW, if you are a practicing accountant and advising a client on such matters you should really be taking the time to look this up for yourself rather then relying on boards.ie and strangers to tell you all the answers

Kind Regards

dbran

no1beemerfan

Thanks for the info.

DoMyBooks

Does reading boards.ie count towards CPD/E?

dbran wrote: »

Hi

I understand that where one spouse is non resident, you cannot claim joint assessment and thus she is not entitled to the €40400 standard rate band.

She is entitled to the single parent allowance if she satisfies the conditions set out here. http://www.revenue.ie/en/tax/it/credits/one-parent-family.html

BTW, if you are a practicing accountant and advising a client on such matters you should really be taking the time to look this up for yourself rather then relying on boards.ie and strangers to tell you all the answers

Kind Regards

dbran

smcgiff

DoMyBooks wrote: »

Does reading boards.ie count towards CPD/E?

:D:D

MartMax

Last minute attempt to get CPD hours ye know.