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

Claiming back tax when emigrating

  • 07-01-2014 12:09pm
    #1
    dossier
    Registered Users, Registered Users 2 Posts: 57 ✭✭


    Hi,

    I've read the sticky above 'Leaving the Country half way through the year- how to claim unused credits' and am (reasonably) comfortable on that.

    However, can someone also claim back actual PAYE paid, above the tax credit refund?

    Worked Example:
    Salary of €50k per annum
    PAYE bill of €10,312 (After tax credit of €3,300)

    Quits job in June and emigrates
    €25k actual income in the calendar year
    PAYE paid in 6 months: €5,156k

    However, PAYE on annual earnings of €25k would only be €1,700. So a refund of €3,456 (the difference) could be expected?

    I think I'm right but am finding this hard to grasp.

    Thanks for any assistance


Comments

  • #2
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    That's pretty much it.

    If you leave in June and apply for Split year relief the unallocated credits for June- December should be applied to refund the PAYE paid for Jan to June.


  • #3
    dossier
    Registered Users, Registered Users 2 Posts: 57 ✭✭dossier


    Thank you Mr Incognito, very helpful!


Advertisement