Working in NI

Offy

Does anyone have any experience of working in NI but living in the republic? Would it be a more financially feasible option to move to NI?

Delancey

Living in the South but woeking in the North means you will probably have to pay some tax at least in the South.
I know a couple of people who did for a while but they found that currency fluctuations were a major headache that could see a big drop in disposable income , commuting costs were also a problem.

fasttalkerchat

You wont pay any tax apart from VAT etc. Currency, mobile phones and bank charges are a problem.

Delancey

People I know who did it did have to pay some tax in the South but that was years ago so things may have changed , would agree that mobile phones could be a pain in the ass.

fasttalkerchat

On the bright side you can buy fuel as you cross the border and save some money by shopping in the north

Mrs OBumble

fasttalkerchat wrote: »

You wont pay any tax apart from VAT etc. Currency, mobile phones and bank charges are a problem.

Nonsense. You will still be liable for income tax, there will just be differences in the way it's deducted.

Sorry, I don't know enough to give any more detailed answers.

Jaysoose

Worked in belfast for 6 months while looking for work down here, wouldnt reccomend it as it plays havoc with your system commuting long distances people will say you get used to it but in my case i couldnt keep it up.

Your time basically wont be your own and your health is liable to suffer through bad diet/stress etc. There are additional costs to consider such as you would need to pick up a second mobile phone as roaming costs will be high. You also would need a bank account which wages can be paid into and sort out a national insurance number.

Being from the north originally i had all these things already but would imagine it would be a major pain to get these.

Add in trying to keep a relationship going and its a royal pain in the Bum.

My advice would be make the move completely dont commute.

fasttalkerchat

JustMary wrote: »

Nonsense. You will still be liable for income tax, there will just be differences in the way it's deducted.

Sorry, I don't know enough to give any more detailed answers.

You will pay tax in the country in which you work but nothing to the country where you live.

Offy

fasttalkerchat wrote: »

You will pay tax in the country in which you work but nothing to the country where you live.

I would have to pay tax to the UK from my salary and declare income to the Irish taxman to be assessed. I recieve a pension in Ireland which is taxable. Two sets of returns but how much would the Irish taxman take? Anyone know what precent?

Delancey

fasttalkerchat wrote: »

You will pay tax in the country in which you work but nothing to the country where you live.

Not as I understand it - if you live in the Republic you are classed as Tax Resident here and thus liable to Irish Taxes.
It works as follows - you would pay UK tax as normal but if that amounts to less than what would be paid to the Irish Taxman if you worked here then that difference is owed to Irish revenue , the friend I had who commuted to work in Newry got caught out by this.

Maybe things have changed - I reckon the folks on the Taxation forum would know for sure.

Mrs OBumble

I think Delancy's on the right track, but I'm no expert.

Will move the thread there, though. Too much plain wrong advice is being given here.