18 Month Secondment to Australia

discombobulate

I'm moving to Australia for 18 months in January and have a few queries around tax that I was hoping someone may be able to help with.

• My bonus in 2018 will be paid in Ireland - How would this be taxed? Would my pay abroad be taken into consideration as part of this or would I only have to pay the lower rate as I won't be earning over the threshold in Ireland in 2018
• I have a shareplan coming due in September 2018. Again if I cash out these shares in Ireland what rate would I have to pay?
• The second year I would be in Australia for 6 months then back to Ireland for 6 months. Would I pay tax in each jurisdiction independently or can I potentially claim back tax in both places at the end of the year?

Squatter

discombobulate wrote: »

I'm moving to Australia for 18 months in January and have a few queries around tax that I was hoping someone may be able to help with.

• My bonus in 2018 will be paid in Ireland - How would this be taxed? Would my pay abroad be taken into consideration as part of this or would I only have to pay the lower rate as I won't be earning over the threshold in Ireland in 2018
• I have a shareplan coming due in September 2018. Again if I cash out these shares in Ireland what rate would I have to pay?
• The second year I would be in Australia for 6 months then back to Ireland for 6 months. Would I pay tax in each jurisdiction independently or can I potentially claim back tax in both places at the end of the year?

Sorry, but I'm too busy to answer in detail.

Maybe try this!

http://www.revenue.ie/en/tax-professionals/tdm/income-tax-capital-gains-tax-corporation-tax/part-34/34-00-01.pdf

discombobulate

Squatter wrote: »

Sorry, but I'm too busy to answer in detail.

Maybe try this!

http://www.revenue.ie/en/tax-professionals/tdm/income-tax-capital-gains-tax-corporation-tax/part-34/34-00-01.pdf

Thanks for that. My understanding based on that is that I should make sure not to be in Ireland for more than 30 days in 2018 and should make sure I stay in Aus for at least 183 days of year 2. That would then ensure that I am not taxed on my worldwide income in year 2?

I believe it means my bonus / shares if I cashed them out would be assessed for tax based on my worldwide income (meaning full rate of standard tax) given i'd be ordinarily resident and not domicile?

discombobulate

discombobulate wrote: »

Thanks for that. My understanding based on that is that I should make sure not to be in Ireland for more than 30 days in 2018 and should make sure I stay in Aus for at least 183 days of year 2. That would then ensure that I am not taxed on my worldwide income in year 2?

I believe it means my bonus / shares if I cashed them out would be assessed for tax based on my worldwide income (meaning full rate of standard tax) given i'd be ordinarily resident and not domicile?

Anyone able to confirm if my understanding is correct? Thanks

discombobulate

Just bumping this one to see if someone could confirm my understanding. Any help appreciated