Optimal Time of year to leave work for tax purposes

cormacol

Registered User
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Hi all

I'm thinking of taking a year off to go travelling and am trying to work out what's the best time of year to go in terms of tax reclamation. Anyone aware of a spreadsheet which i could enter my details to work this out.

Thanks
Cormac
 
Hi all

I'm thinking of taking a year off to go travelling and am trying to work out what's the best time of year to go in terms of tax reclamation. Anyone aware of a spreadsheet which i could enter my details to work this out.

Thanks
Cormac

Cormac using 2006 tax credits of €1,490 & €1,630 the best time to leave is when you have earned€15,600 as you will pay no tax. Any tax you have paid up until the date of leaving will be refunded to you if you submit a Form P50 available on Revenue website
 
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