Emigration : tax implications

markjbloggs

Hi,

soon to be departing these shores (again !) - do i need to inform the Revenue Commissioners that I am no longer Tax resident in Ireland?

Are there any implications of not being tax resident here but still having a house (sprogs still in college),

Are there any other pitfalls I should be aware of?


thanks
M

munchkin_utd

good question.

I am still "registered" with the tax office but am out of the country now a good 12 years, and the company i worked for is shut. Probably too late now to tell the revenue that I am long gone!
(Now... I WOULD pay irish taxes any day instead of german ones. When i hear the whinging that goes on in Ireland about being "punished" by taxes, from fuppers paying shag all, ... anyhow, in a few years when the income balances the expenditure, taxes now will seem like a blurry happy dream...)

If you still have a house in Ireland, then you should look into claiming any expenses related to flying home to maintain the house as tax deductable. Seeing as its family in the house, that could be a grey area.

BUT. You should also look into seeing if your rent in the new country on your second home is tax deductable, i.e. seeing as you have a 2nd home, is that a working expense fileable against your foreign taxes?

sawilson2003

Presuming you were resident in ireland for the whole of 2010 you will be considered a Tax resident for 2011 at this stage.

You are resident for tax purposes for a year if:

• You spend 183 days or more in Ireland in that year from 1 January – 31 December or,
• 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.