need tax advice

[kingshankly]

was wondering if anyone could advise me
Myself and my wife live in the south I work in the south and my wife works in the north and we both pay a single persons tax one in the south and one in the north we have both relatively high incomes and are both getting crippeled with tax we also have a child for which we don't claim credits for ( recieving child benefit though) is there an alternative to what were doing or am I better leaving it the way it is for the last 5 years

 

[Domo]

I'm not sure if you have any options.

Your wife is taxable in the UK by virtue that her duties of employment are carried out there and you are taxable in Republic as you are resident and carrying out your duties in ROI.

I don't think that there would be any benefit in her claiming treaty residence in Repblic, as her income is earned in the UK.

However, I woould need to do further research to confirm the position.

 

[advisor]

Would trans border relief apply in this case???

 

[kingshankly]

Would trans border relief apply in this case???

doubt it she would have to be paying tax here to get relief I'd say

 

[Iceman732]

I don't quite understand the question, is your spouse being taxed twice or something?

From reading your post it would appear that your wife is subject UK Tax on her salary and you are subject to Irish Income Tax on your salary, once your wife is claiming all the correct credits then there shouldn't be any problem.

As to the credits for your child, there isn't really anything your entitled to claim.... You wouldn't be entitled to the home carers credit....

Looks like you have a case of paying tax correctly!!

Ways you could reduce your tax assuming you personally have considerable income at 41% tax are as follows: BES. Film Scheme, Max out pension contributions.

You could also look at buying allowances....

Seek professional help but everything sounds like it's in order.

With regard to advisors comment, the OP would appear to be claiming trans-border relief!

 

[kingshankly]

I don't quite understand the question, is your spouse being taxed twice or something?

From reading your post it would appear that your wife is subject UK Tax on her salary and you are subject to Irish Income Tax on your salary, once your wife is claiming all the correct credits then there shouldn't be any problem.

As to the credits for your child, there isn't really anything your entitled to claim.... You wouldn't be entitled to the home carers credit....

Looks like you have a case of paying tax correctly!!

Ways you could reduce your tax assuming you personally have considerable income at 41% tax are as follows: BES. Film Scheme, Max out pension contributions.

You could also look at buying allowances....

Seek professional help but everything sounds like it's in order.

With regard to advisors comment, the OP would appear to be claiming trans-border relief!

Just to clarify my wife pays tax in the north only. does this prevent me from changing my tax status to a married man

 

[ClubMan]

need tax advice

 

[Iceman732]

Are you married? Are you both resident in Ireland?

What part of the married credit means you both have to work in Ireland?

 

[kingshankly]

Are you married? Are you both resident in Ireland?

What part of the married credit means you both have to work in Ireland?

thanks for your time and help yes we are married and reside in the republic but surely I can't claim full tax allowance for a married man if my wife is working albeit up the north

 

[ClubMan]

Since you have not bothered to edit the thread title to make it meaningful I am closing this thread. Read the posting guidelines before posting again.