That makes no sense, so there's a gap in your figures somewhere. You don't lose by being jointly assessed.If yes, it appears to be the Joint Assessment attracts more tax !!!
Given that you don't lose by being jointly assessed, I thought the question should be what are the drawbacks of being separately assessed?Still wondering what could be the benefit of being as Joint accessed?
If a married couple had two incomes. One much smaller than the other. Could the person on the smaller income qualify for a medical card if the other did not qualify. If so, is it better to be separately assessed in this instance?Given that you don't lose by being jointly assessed, I thought the question should be what are the drawbacks of being separately assessed?
I'm confused by your question. Joint or separate assessment is a tax issue, not a social welfare or specific medical card eligibility issue.If a married couple had two incomes. One much smaller than the other. Could the person on the smaller income qualify for a medical card if the other did not qualify. If so, is it better to be separately assessed in this instance?
If a married couple had two incomes. One much smaller than the other. Could the person on the smaller income qualify for a medical card if the other did not qualify. If so, is it better to be separately assessed in this instance?
I'd regard it as accurate anyway. Others may disagree though.So you can lose by being Separately Assessed but you can't lose by being Jointly Assessed for Tax purposes.
Is that an accurate statement?
I really need an answer on this question?
I'd regard it as accurate anyway. Others may disagree though.
Spouse income = €27,000
Tax: €24,800 @20% €4,960.00
Tax: €2,200 @40% €880.00
Personal & PAYE credit €3,300.00
Tax payable €2,540.00
Only if they have transferred the maximum €9k of standard rate band to their spouse.Hi All, just married and would like some clarification on this...
Should this person be paying tax@40% on an income of €27000?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?