Tax implications on going abroad to work

Hi,

I was made redundant earlier this year and have been unable to find work here but have now been offered a job in the Middle East with a tax free salary which I intend to take it until things improve here in my sector. I would like to leave my family behind here in Dublin and relocate on my own to the Middle East.

My queries are as follows:

1. I know that I will have to pay tax on my earnings this year as I have been here for more than 183 days but do I have to pay tax even next year as I would have stayed for more than 240 days in total in 2 years although I would not have been a ordinary resident here next year?

2. How and more importantly, by when should I pay my tax due to the revenue? Is it to be self declared and would I be entitled to any tax deductions on my foreign earnings?

2. Do I need to inform the revenue about my move abroad?

3. Would my wife who is working here still be eligible for her married tax credits or would she be treated as single mother? Should she inform the revenue about this to reflect her forthcoming change in tax status?

Any advice is much appreciated.

Thanks

If you go abroad this year with the intention of remaining non resident for next year you qualify for what is called split year treatment. This means you are not taxed from the day you leave. Moreover your full years tax free allowance will be set against your salary to date and you will be due a tax refund. The two year rule is 280 days not 240 but there is an exemption that if you visit Ireland for less than 30 days next year the two year rule will not apply.

1. Split year could apply as stated above.

2. You would complete a tax return and pay under self-assessment in the event that you do not become non-resident

3. Yes, write to the Revenue and state your intentions to move abroad, and complete a Form P50, and send your P45

4.Your wife will be put on to single tax credits, and should inform the Revenue

You should read the Revenue leaflet "Res 1 - Going to work abroad?" this will give you fuller information

www.taxingtimes.ie