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Tax Ireland , Uk

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  • 23-09-2023 7:31am
    #1
    Registered Users Posts: 5


    I’m a young man with 2 kids at the age of 25. I’m struggling to find a place in Ireland as rent etc is so expensive. I’ve a full time job in Ireland where I work weekends and Monday. Is it worth my while trying to get a remote job in the UK? I know here for having 2 jobs you get taxed 52% and it wouldn’t be worth my while I’m just wondering if I got the second job in the UK would that make a difference? I know I’d have to set up on there tax bracket and national insurance etc



Comments

  • Registered Users Posts: 458 ✭✭ax530


    If you tax resident in Ireland will have to declare UK income here also presume have to pay extra tax.



  • Registered Users Posts: 7,724 ✭✭✭SureYWouldntYa


    You do not pay 52% tax on a second job

    You will only start paying 52% tax (40% income tax, 8% USC and 4% PRSI) when you wages for the year will be above €70,000 no matter if it's 1, 2, 3 or 4 jobs

    40% income tax kicks once your wages will be €40,000 for the year, and the 8% rate of USC kicks in around €70,000

    A second job can be awkward with adjusting your tax credits and cutoffs, especially if you have irregular hours. If you have no credits or cutoff assigned to a job then you will get hit for 52% tax, however you can adjust your tax credits and cutoff real time in 2023 to help fix this. If you don't or worked a second job previously and did not do this, then once the year is over you can submit your tax return for the year to get a refund of any tax overpaid for a year. You can still submit returns for 2019-2022, if you ever did have a second job i would encourage you to do so.



  • Registered Users Posts: 5 jos95




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