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Tax question

  • 20-10-2016 09:11PM
    #1
    AD!
    Registered Users, Registered Users 2 Posts: 50 ✭✭


    Hi all,
    Just a quick question in relation to tax returns as 2 individuals vs as a married couple.

    My situation is that both me and my wife work full time as Paye workers on similiar income and we both are in the higher tax band.
    Is there any benefit of joint assessment or should I stay as single assessment.
    Thanks


Comments

  • #2
    Avatar MIA
    Closed Accounts Posts: 6,748 ✭✭✭Avatar MIA


    AD! wrote: »
    Hi all,
    Just a quick question in relation to tax returns as 2 individuals vs as a married couple.

    My situation is that both me and my wife work full time as Paye workers on similiar income and we both are in the higher tax band.
    Is there any benefit of joint assessment or should I stay as single assessment.
    Thanks

    Not that I can think of.


  • #3
    CIARAN_BOYLE
    Registered Users, Registered Users 2 Posts: 14,595 ✭✭✭✭CIARAN_BOYLE


    AD! wrote: »
    Hi all,
    Just a quick question in relation to tax returns as 2 individuals vs as a married couple.

    My situation is that both me and my wife work full time as Paye workers on similiar income and we both are in the higher tax band.
    Is there any benefit of joint assessment or should I stay as single assessment.
    Thanks

    No harm, and if one of you lose their jobs or take a year out if you are joint you can change straight bands/credits away. If single you can't change to joint straight away.


  • #4
    AD!
    Registered Users, Registered Users 2 Posts: 50 ✭✭AD!


    Thanks for the replies!


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