Separate Assessment better than Joint?

nest egg

Registered User
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583
Assuming both you and your partner had €42k+ of PAYE income, wouldn't it be better to opt for separate assessment, if both of you individually additionally earned €5k of deposit interest, rather than jointly earning €10k?

I know we're talking about a max saving of €400 on €10k, but it's also the hassle of becoming a chargeable person(s?), registering for ROS, completing a form 12 etc

Is my basic understanding correct?
 
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