hi.
hope someone can help me on here.
my husband recently started work after 4 years not working.. I have a couple of questions.
His income is just under 20k a year.. i am a higher rate tax payer. I called the revenue to send us new tax certificates and to ensure we are jointly accessed and that i would be the accessible spouse. I didnt realise that the high rate cut off in creases signifcantly as we are both earning and i can claim his cut of point? will this be calculated automatically as we are jointly accessed or do i need to let revenue know ..or do a balancing statement at the end of the year?
(he is being paid weekly and i am paid monthly)
The other question i have is when i was investigating tax calculators online i saw a credit for job assist year 1, year 2 and year 3 for long term unemployed? how does my husband claim for this and is it only calculated on his income or on our joint income?
thanks, will appreciate your help with this
hope someone can help me on here.
my husband recently started work after 4 years not working.. I have a couple of questions.
His income is just under 20k a year.. i am a higher rate tax payer. I called the revenue to send us new tax certificates and to ensure we are jointly accessed and that i would be the accessible spouse. I didnt realise that the high rate cut off in creases signifcantly as we are both earning and i can claim his cut of point? will this be calculated automatically as we are jointly accessed or do i need to let revenue know ..or do a balancing statement at the end of the year?
(he is being paid weekly and i am paid monthly)
The other question i have is when i was investigating tax calculators online i saw a credit for job assist year 1, year 2 and year 3 for long term unemployed? how does my husband claim for this and is it only calculated on his income or on our joint income?
thanks, will appreciate your help with this