Good afternoon folks,
Upon viewing a PAYE Income Tax Return online course recently, I realized that I may have made some mistakes and therefore need to amend my previous tax returns for 2020 and 2021. I finished my UK job on 30/10/2020 and moved from my home country of Northern Ireland to the Republic on 26/11/2020 where I began employment in the South on 30/11/2020. I am now looking to amend my 2020 tax return as I had originally put myself down as a Resident, which I can now see in hindsight was a mistake since I hadn't been living in the country for 183 days or more. When I amend this to a Non-resident, I am asked to provide a county of residence, my UK address and national insurance number. The part I am confused about is that I am asked for 'Worldwide employment income' so does that mean whatever gross GBP salary I was paid whilst living and working in Northern Ireland from 1/1/2020 until 30/10/2020? Or because the UK tax year is different to Ireland, would it be my gross GBP salary from 6/4/2020 until 30/10/2020? I was issued a P45 by my employer when I left my UK job, and it outlined what I had been paid from 6/4/2020 until 30/10/2020. In hindsight, I probably should have applied for split-year treatment in 2020 but I wasn't aware of it or well enough informed on the Irish tax system at that time.
I'm also confused about the 'Domiciled in Ireland' section. I noticed that I said Yes in my 2020 tax return but said No in my 2021 tax return so I'm clearly not sure on this. I moved to the Republic in 2020 where I have lived and worked ever since. But I only moved here because my girlfriend lives in the South, otherwise I'd still have been living in Northern Ireland had we not met. Although it is my intention for us to hopefully eventually get married and live together in Ireland, I have to admit that if the relationship was ever to break up then I would most likely return to the UK. And even if we did get married, I know we would most likely remain in Ireland but I still couldn't totally rule out the possibility that one day in future we might decide to move up North. I still have a lot of financial ties to the UK as I continue to make my student loan repayments whilst living overseas and I hope to make voluntary national insurance contributions to HMRC so that I don't lose out on a UK state pension. So when I am asked this question about Domicile, should I be saying Yes or No? I'm also thinking now about my accounts with the likes of N26, Revolut, Trade Republic, etc. From memory, I'm nearly sure all of these asked me to confirm domicile for tax residency purposes so I'm starting to doubt if I gave the correct answers when opening those accounts. I still have my UK bank account with UlsterBank NI, but I don't have any UK income and it's only a current account so there would be no interest gained on any balance.
I am about to complete my Tax return for 2022, so since I've already completed 2020 and 2021 does that mean I answer Yes to the 'Ordinarily resident' question this time and from now on in future tax returns?
In 2022, I received a gift of £2,500 (€2,814.25) from a parent in Northern Ireland so I'm wondering how/where I declare this on my 2022 tax return?
Due to the poor interest rates on deposits with the Irish banks, I have my savings with other EU banks and therefore the DIRT is not deducted automatically at source. How do I declare any interest from my savings on a tax return?
Apologies for troubling you with all of these questions, my circumstances are a little more complex so I just wanted to make sure I do things correctly so that I don't get into any kind of trouble with Revenue.
Upon viewing a PAYE Income Tax Return online course recently, I realized that I may have made some mistakes and therefore need to amend my previous tax returns for 2020 and 2021. I finished my UK job on 30/10/2020 and moved from my home country of Northern Ireland to the Republic on 26/11/2020 where I began employment in the South on 30/11/2020. I am now looking to amend my 2020 tax return as I had originally put myself down as a Resident, which I can now see in hindsight was a mistake since I hadn't been living in the country for 183 days or more. When I amend this to a Non-resident, I am asked to provide a county of residence, my UK address and national insurance number. The part I am confused about is that I am asked for 'Worldwide employment income' so does that mean whatever gross GBP salary I was paid whilst living and working in Northern Ireland from 1/1/2020 until 30/10/2020? Or because the UK tax year is different to Ireland, would it be my gross GBP salary from 6/4/2020 until 30/10/2020? I was issued a P45 by my employer when I left my UK job, and it outlined what I had been paid from 6/4/2020 until 30/10/2020. In hindsight, I probably should have applied for split-year treatment in 2020 but I wasn't aware of it or well enough informed on the Irish tax system at that time.
I'm also confused about the 'Domiciled in Ireland' section. I noticed that I said Yes in my 2020 tax return but said No in my 2021 tax return so I'm clearly not sure on this. I moved to the Republic in 2020 where I have lived and worked ever since. But I only moved here because my girlfriend lives in the South, otherwise I'd still have been living in Northern Ireland had we not met. Although it is my intention for us to hopefully eventually get married and live together in Ireland, I have to admit that if the relationship was ever to break up then I would most likely return to the UK. And even if we did get married, I know we would most likely remain in Ireland but I still couldn't totally rule out the possibility that one day in future we might decide to move up North. I still have a lot of financial ties to the UK as I continue to make my student loan repayments whilst living overseas and I hope to make voluntary national insurance contributions to HMRC so that I don't lose out on a UK state pension. So when I am asked this question about Domicile, should I be saying Yes or No? I'm also thinking now about my accounts with the likes of N26, Revolut, Trade Republic, etc. From memory, I'm nearly sure all of these asked me to confirm domicile for tax residency purposes so I'm starting to doubt if I gave the correct answers when opening those accounts. I still have my UK bank account with UlsterBank NI, but I don't have any UK income and it's only a current account so there would be no interest gained on any balance.
I am about to complete my Tax return for 2022, so since I've already completed 2020 and 2021 does that mean I answer Yes to the 'Ordinarily resident' question this time and from now on in future tax returns?
In 2022, I received a gift of £2,500 (€2,814.25) from a parent in Northern Ireland so I'm wondering how/where I declare this on my 2022 tax return?
Due to the poor interest rates on deposits with the Irish banks, I have my savings with other EU banks and therefore the DIRT is not deducted automatically at source. How do I declare any interest from my savings on a tax return?
Apologies for troubling you with all of these questions, my circumstances are a little more complex so I just wanted to make sure I do things correctly so that I don't get into any kind of trouble with Revenue.