Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Question re Marriage, Tax Credits & time out of country

  • 30-01-2012 12:07pm
    #1
    mccarte2
    Registered Users, Registered Users 2 Posts: 295 ✭✭


    Myself and my partner will get married in April. We plan on spending the 3 months of the summer travelling so we'll both be out of the country. She's a teacher so will be paid for the summer while I'll likely be finishing my job and starting a new one in September so will not have a wage for those 3 months.

    I understand we can re-arrange our Tax Credits so that she gets the benefit of all of them but can this be done for 2011 or would it only be from the start of 2012?

    With the above scenario, what's the most efficient way of us managing our earnings / tax credits? Apologies if there's a thread on this already.


Comments

  • #2
    Bobby1984
    Registered Users, Registered Users 2 Posts: 269 ✭✭Bobby1984


    You will continue to be treated as single people for tax purposes in the year of marriage. However you can apply to have your taxes recalculated at the end of 2012 to see if the tax you would have paid if married would have been less. If so, you will get a refund. No matter what way your tax credits are structured between you and your soon to be wife doesnt really matter because you can apply for a P21 balancing statement at the end of each year to see if you have overpaid.

    See here for more information http://www.revenue.ie/en/tax/it/leaflets/it2.html


Advertisement