Married Couple Query

bertson

Registered User
Messages
398
Hi,
I'm recently married and just had a question regarding whether I should be jointly accessed with my wife or not.

If you are married do you automatically qualify for a higher Tax free allowance - regardless if you are jointly accessed or not?

Secondly, She is on 47k and I am on 30k. What would be the best thing to do here? Be jointly accessed or singley accessed?

Cheers
B
 
Joint assessment is best as you can earn up to €32K at 20% so in the case of ja the unused €2k can be used by your spouse

tax free allowances are gone for a good number of years and replaced with tax credits
 
There are several existing threads on married taxation which contain useful information and links that most likely answer your questions. The short answer is that you will most likely be better off (and at least no worse off) if you opt for joint/aggregated married taxation rather than individual assessment or assessment as two single people. Normally you are taxed as two single people in the year of marriage, you claim back any overpayments of tax at the end of the year and then you go onto your choice of married taxation (e.g. joint/aggregated) in the following tax year. Revenue have a FAQ and clear information about this on their website.

Post crossed with bazermc's.