ATM remittance

[expat19]

I am a sponsor of an elderly relative who has been using his ATM card for small remittances since he hasn't an Irish bank account. I understand that these should be declared as income since they are a result of a pension. As I have never filled out Form 11 before, I was wondering if declaring these withdrawls as Foreign Income (Foreign Pensions-State Welfare Pension) is sufficient. Is the process this straightforward? Or will this declaration open up a can of worms that I can't foresee? The yearly amount has not been more than 18000 euro). Thanks

 

[Clamball]

Your message is very hard to follow

You have a relative in receipt of a non Irish pension

This relative lives in Ireland

Revenue say this needs to be declared so that tax can be paid. “ In general, foreign pensions (including UK and US pensions) are taxable sources of income in Ireland.”

So you need to declare the income and pay the tax.

 

[Feemar5]

If your relative is living in Ireland for more than 183 days per year he is obliged to pay income tax here if his income exceeds his tax credits. It is not clear if the 18K is his total pension or the amount he withdraws. Does he pay tax in another jurisdication ?
You need to have the full facts before filling out any tax form but it looks like he should be paying tax here.

 

[Groucho]

Bear in mind that if his total annual income from all sources is less than €18k then he's entitled to claim the tax emption for over 65s, if single.

If married and if the total household income from all sources is below €36K then the same exemption would apply.