Personal tax

Westwood

Hi folks
Please advise
Partner and I are not married, she has child from previous, I believe shes claiming single parent tax credit) (will confirm today off revenue) earns 38.5k basic and 2k every quater and an additional 10k at end of year all of which is taxable roughly 56.5k.
Myself I earn 34k plus 5% bonus per year 35k roughly and I seem to get a tax rebate as a single person of Ã႒¢â€šÂ¬1600 per year, whereby she never seems to have any rebate due...
Can someone asses our circumstances and see if what effect a civil partnership or marriage would have on our taxation.. I read its only of real benefit if one parent is stay at home
Thanks in advance

CIARAN_BOYLE

If you married she would lose the spcc. Bear in mind you are not allowed live together and claim this.

Westwood

Thanks for info and forgive my ignorance, even if we are not married and the child is from a previous?

CIARAN_BOYLE

Westwood wrote: »

Thanks for info and forgive my ignorance, even if we are not married and the child is from a previous?

Yep, the spcc came in a few years ago replacing a previous more open tax credit

http://www.revenue.ie/en/tax/it/leaflets/it74.html

Qualifying conditions
The Single Person Child Carer Credit will not be due if you are:

co-habiting.

gerrybbadd

Co-habiting was always a disqualifier for this and the previous credit, married or not, regardless of who's the child is

CIARAN_BOYLE

gerrybbadd wrote: »

Co-habiting was always a disqualifier for this and the previous credit, married or not, regardless of who's the child is

You are right. I haven't had to look at it for a few years so I got mixed up.

Westwood

Thanks for infirmation just to clarify at present we are not co_habiting but obviously will be in the future if we got married. She found out today that she is on the spcc, and some of the
Benefits are:

The value of the single person child carer credit (SPCCC) is Ã႒¢â€šÂ¬1,650 per annum. This has the effect of reducing a claimant's tax liability by Ã႒¢â€šÂ¬31.73 per week. In addition to this a claimant is also entitled to an extension in the standard rate band of Ã႒¢â€šÂ¬4,000, increasing the rate band from Ã႒¢â€šÂ¬32,800 to Ã႒¢â€šÂ¬36,800.

I assume this is why shes never entitled to any tax back per year and I get back the 1650 every year?

I guess were both a little worried of how much tax wed pay if we were to live together and be in a civil relationship. Is their any calculators that one could use...
Thanks in advance

CIARAN_BOYLE

Westwood wrote: »

I assume this is why shes never entitled to any tax back per year and I get back the €1650 every year?

You should never get a tax refund. If you do it means either you messed up and revenue don't have your tax credits allocated to your employment or your employer messed up calculating your salary. Or that you have expenses that you are claiming but you should know if you are claiming this.

Revenue's online service is pretty good for checking this.

Westwood

Thanks thats interesting, i just get a cheque in post every year! No i am not claming for any expenses. Is their a form to fill in so as revenue have my correct tax band?

CIARAN_BOYLE

Westwood wrote: »

Thanks thats interesting, i just get a cheque in post every year! No i am not claming for any expenses. Is their a form to fill in so as revenue have my correct tax band?

It can be done by their website.

when you say you just get a cheque in the post do you apply for revenue to review your circumstances?

relax carry on

Westwood wrote: »

Thanks thats interesting, i just get a cheque in post every year! No i am not claming for any expenses. Is their a form to fill in so as revenue have my correct tax band?

The 1650 sounds like it's either the personal or PAYE credit that's been not automatically granted to you each year. It's nothing to do with rate bands. The PAYE and personal tax credit are 1650 each. You can either contact Revenue via your my enquiries account or change it your self in my account.

http://www.revenue.ie/en/online/myaccount/index.html

http://www.revenue.ie/en/online/myenquiries.html