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foreign income for form 11

  • 19-12-2018 10:20pm
    #1
    Registered Users, Registered Users 2 Posts: 194 ✭✭


    quick question on declaring foreign income.
    I filled out form 11 incorrectly in oct and need to alter.

    I had UK income from jan to aug 2017.
    P60 has tax from april to april so i need to calculate total and income from two different p60's.

    As first p60 only covers 95 days of our tax year to i just take 95/365 of total income and 95/365 of tax paid from "p60 to 5 april 2017" and then do similar with "p60 to 5 spril 2018"?

    Also do i add national insurance and tax deducted together when totaling tax paid?

    Thanks in advance for any help..


Comments

  • Registered Users, Registered Users 2 Posts: 14 april319


    fisher8181 wrote: »
    quick question on declaring foreign income.
    I filled out form 11 incorrectly in oct and need to alter.

    I had UK income from jan to aug 2017.
    P60 has tax from april to april so i need to calculate total and income from two different p60's.

    As first p60 only covers 95 days of our tax year to i just take 95/365 of total income and 95/365 of tax paid from "p60 to 5 april 2017" and then do similar with "p60 to 5 spril 2018"?

    Also do i add national insurance and tax deducted together when totaling tax paid?

    Thanks in advance for any help..


    Don't want to answer without first knowing if this is even liable to tax in Ireland. How much of your time was spent in UK in 2017?
    Also did you bring UK income to an Irish bank account?
    The first step in calc Irish tax on foreign income is determining whether it is within the scope of Irish income tax.


  • Registered Users, Registered Users 2 Posts: 194 ✭✭fisher8181


    april319 wrote: »
    Don't want to answer without first knowing if this is even liable to tax in Ireland. How much of your time was spent in UK in 2017?
    Also did you bring UK income to an Irish bank account?
    The first step in calc Irish tax on foreign income is determining whether it is within the scope of Irish income tax.

    Thanks for reply.

    Was full time in UK as full time paye earner from jan 2016 to aug 2017. Going into uk bank account. Only irish income at this time was rental income.

    Sept 2017 onwards was irish paye full time income


  • Registered Users, Registered Users 2 Posts: 15 Maximus47


    You are not tax resident in Ireland in 2017.
    Assuming you are Irish Domiciled you are only liable to tax on your paye income in ireland. you can go for split relief if you are going to be resident in ireland in 2018.
    If you are not Irish Domiciled you would be taxed on your Irish income and on foreign earnings remitted to ireland.


  • Registered Users, Registered Users 2 Posts: 14 april319


    fisher8181 wrote: »
    Thanks for reply.

    Was full time in UK as full time paye earner from jan 2016 to aug 2017. Going into uk bank account. Only irish income at this time was rental income.

    Sept 2017 onwards was irish paye full time income

    Okay, do you know where you are 'domiciled'?
    I.e where were you born? If Ireland are both your parents Irish too?
    Also where were you pre Jan 2016? Ireland?

    finally did the money you earned in UK ever get used in Ireland? Either by transferring to Irish bank accounts or by using UK cards in Ireland?

    Once I have this info I should be able to clarify what income is liable to Irish tax.. :)


  • Registered Users, Registered Users 2 Posts: 15 Maximus47


    Irish rental income is subject to Irish tax with double taxation relief...


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