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Do you pay less tax after a baby is born??

  • 22-08-2012 3:37pm
    #1
    kenny_david
    Registered Users, Registered Users 2 Posts: 70 ✭✭


    Hi I was just wondering if a unmarried cohabiting couple pay less tax after a baby is born?? Do both pay less tax or is it just for the mother or do you have to be married??
    Tagged:


Comments

  • #2
    Gurgle
    Closed Accounts Posts: 5,064 ✭✭✭Gurgle


    There are no tax discounts or credits for having children.
    There's just childrens' allowance.


  • #3
    kenny_david
    Registered Users, Registered Users 2 Posts: 70 ✭✭kenny_david


    It's just when I use this tax calculator I get more take home pay when I tick children http://taxcalc.eu/


  • #4
    ceekay74
    Registered Users, Registered Users 2 Posts: 634 ✭✭✭ceekay74


    kenny_david wrote: »
    Hi I was just wondering if a unmarried cohabiting couple pay less tax after a baby is born?? Do both pay less tax or is it just for the mother or do you have to be married??

    In this situation, you won't pay any less tax.


  • #5
    ceekay74
    Registered Users, Registered Users 2 Posts: 634 ✭✭✭ceekay74


    Gurgle wrote: »
    There are no tax discounts or credits for having children.
    There's just childrens' allowance.

    Not true. There are tax credits for single parents, and incapacitated children.


  • #6
    seamus
    Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    The tax calculator is probably including the child benefit payment as take-home income.

    Child benefit is a non-taxable cash payment made to parents on a regular basis.


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  • #7
    kenny_david
    Registered Users, Registered Users 2 Posts: 70 ✭✭kenny_david


    seamus wrote: »
    The tax calculator is probably including the child benefit payment as take-home income.

    Child benefit is a non-taxable cash payment made to parents on a regular basis.

    if that was true it works out to be an extra €124 a month and as far as I know child benefit is €140 a month so it's probably not that


  • #8
    Citizenpain
    Registered Users, Registered Users 2 Posts: 2,005 ✭✭✭Citizenpain


    I imagine the calculator it is treating you as a single parent

    Increasing your 20% band from €32,800 to €36,800 & giving you the One Parent Family Tax Credit


  • #9
    relax carry on
    Registered Users, Registered Users 2 Posts: 4,113 ✭✭✭relax carry on


    kenny_david wrote: »
    Hi I was just wondering if a unmarried cohabiting couple pay less tax after a baby is born?? Do both pay less tax or is it just for the mother or do you have to be married??

    There is no additional reliefs or credits available for a cohabiting couple with children.
    There is an additional tax credit for married couples opting for joint assessment called the home carers credit. Link below. Terms and conditions apply. Mainly, one spouse needs to earn under €5080 a year to qualify.

    http://www.revenue.ie/en/tax/it/leaflets/it66.html

    There are threads in the taxation forum about the taxation benefits of marriage and joint assessment.

    However just because you are married, jointly assessed and have children does not automatically mean you pay less tax. Everyones situation is unique to them so its difficult to generalise.


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