Starting work halfway through the year

Michelle1914

Hi all
Quick question about tax as I am useless when it comes to these things. I will start work in July in Ireland, after working in Australia for 4.5 months of this year ( and a few years prior to that)
My question is, does my tax free allowance here in Ireland acknowledge that I have started working halfway through the tax year? Or is the fact that I have been working in another country up until this point relevant?

Also do I need to apply for tax credits?

gerrybbadd

Michelle1914 wrote: »

Hi all
Quick question about tax as I am useless when it comes to these things. I will start work in July in Ireland, after working in Australia for 4.5 months of this year ( and a few years prior to that)
My question is, does my tax free allowance here in Ireland acknowledge that I have started working halfway through the tax year? Or is the fact that I have been working in another country up until this point relevant?

Also do I need to apply for tax credits?

were you resident in Ireland prior to working in Australia? There's a lot of factors in play here, that would totally have an effect on your allowances

namenotavailablE

A couple of points:

1. Employment earned in Ireland is taxable in Ireland.
2. 'Split year treatment' will tax you on all employment income earned just from the date of arrival. You won't be taxed on pre-arrival employment income.
3. If you earn other income in Australia (e.g. rental income or dividend income) and send it back to Ireland once here, it will be taxable in Ireland.
4. You'd get full tax credits and standard rate band.
5. There may be tax issues for you with the Australian authorities also.

This PDF file has some examples on pages 6-10:

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