Hi, newbie here, I have had a quick search but can't find the answer I'm looking for.
I have just reached retirement age (60) in the UK where I worked for 20 years, and the lump sum due from my NHS service is on it's way. I still work in the ROI and have done for 15 years, what are the tax implications for the lump sum, is it treated as it would be if I still lived in the UK, i.e. tax free, or does it get taxed as unearned income in the ROI?
Lump sum is getting paid into an ROI account, just in case it makes any difference.
I have just reached retirement age (60) in the UK where I worked for 20 years, and the lump sum due from my NHS service is on it's way. I still work in the ROI and have done for 15 years, what are the tax implications for the lump sum, is it treated as it would be if I still lived in the UK, i.e. tax free, or does it get taxed as unearned income in the ROI?
Lump sum is getting paid into an ROI account, just in case it makes any difference.