Just wondering can someone help me
Position 1
A person in 2010 is Irish and is working and living in England in 2010 working under paye/prsi english version
They are also a director of own Irish Company not trading with small money in bank
Am I right in saying in above 2010 tax return(ireland)Director would be nil as based in england for full year.
or
Position 2
A person in 2010 is Irish and is working and living in England in 2010 working under paye/prsi english version
They are also a director of own Irish Company not trading with small money in bank- Decide they pay themselves small bonus
Am I right in saying in above 2010 tax return(Ireland) both Irish and English Income would become liable on Irish tax return with credit for english tax paid.
What tax rate should bonus be done at 20 or 41- Thanks for help in advance
Position 1
A person in 2010 is Irish and is working and living in England in 2010 working under paye/prsi english version
They are also a director of own Irish Company not trading with small money in bank
Am I right in saying in above 2010 tax return(ireland)Director would be nil as based in england for full year.
or
Position 2
A person in 2010 is Irish and is working and living in England in 2010 working under paye/prsi english version
They are also a director of own Irish Company not trading with small money in bank- Decide they pay themselves small bonus
Am I right in saying in above 2010 tax return(Ireland) both Irish and English Income would become liable on Irish tax return with credit for english tax paid.
What tax rate should bonus be done at 20 or 41- Thanks for help in advance