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Top Slicing Relief

Shannonsider · 2014-01-21 09:55:26

I received a redundancy payment in early 2013 (and also got married & was in receipt of rental income for the first time in 2013). I am hoping to apply for Top Slicing Relief but I also need to review Joint vs Single assessment (we both earn approx 45k each) and need to declare our rental income (from Feb 2013). Query is:…

21-01-2014 9:55am

#1

Shannonsider

Registered Users, Registered Users 2 Posts: 301 ✭✭

Join Date: February 2009

Posts: 221

I received a redundancy payment in early 2013 (and also got married & was in receipt of rental income for the first time in 2013).

I am hoping to apply for Top Slicing Relief but I also need to review Joint vs Single assessment (we both earn approx 45k each) and need to declare our rental income (from Feb 2013).

Query is: if I apply for Top Slicing Relief from the 2013 redundancy payment now(taxed on my own at the moment) will this have an impact if I opt for Joint assessment for 2013 and might it have an impact on rental income tax?

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