(Sorry if this is a basic question, but I can't really find it asked elsewhere on this forum, if so feel free to point me there)
I'm a PAYE employee and I got married in 2018 so I'm just beginning to fill out my tax returns (using myAccount on revenue.ie - which I just signed up to) now, to update my details.
So I'm filling out a form for 2018 (up to now, I just let my employer handle the PAYE side). Now my wife has already submitted a form 11 for 2018 on ROS and it appears she's overpaid a bit due to being on emergency tax for a few weeks - but that's fine, presumably she'll get her refund in due course. My question is what the is the best way to proceed with filling mine.
Now, according to [broken link removed] our tax for 2018 will be assessed as if we were jointly assessed for the 9 months we were married in 2018. But as I fill out my 2018 form I'm not seeing anywhere to put her tax details in - just the date we got married and her name & PPSN.
Her total taxable income was €11,269 (it was a part time job with a little bit of rental income) - so I see she's used €1,650 of her personal credit, but just €603.80 of her employee tax credit, which brings her net tax liability to 0. I, OTOH, had a gross income of nearly €60,000 and paid PRSI, USC and PAYE the usual way (deducted by employer before I get paid).
So I'm wondering what the best way for me to proceed is. Do I need to divide out our tax credits & rate bands? If so what's the best way to do so? Is there €1,046.20 of her employee credits (or, 9/12 of it anyway) remaining that would be transferrable to me? If so, should I add it to my employee credit when filling out my form? Or will revenue just work it out after I submit my form?
(I've another question which is possibly even more basic (sorry!) about 2019 but I'll ask that separately as it's a separate question really.)
I'm a PAYE employee and I got married in 2018 so I'm just beginning to fill out my tax returns (using myAccount on revenue.ie - which I just signed up to) now, to update my details.
So I'm filling out a form for 2018 (up to now, I just let my employer handle the PAYE side). Now my wife has already submitted a form 11 for 2018 on ROS and it appears she's overpaid a bit due to being on emergency tax for a few weeks - but that's fine, presumably she'll get her refund in due course. My question is what the is the best way to proceed with filling mine.
Now, according to [broken link removed] our tax for 2018 will be assessed as if we were jointly assessed for the 9 months we were married in 2018. But as I fill out my 2018 form I'm not seeing anywhere to put her tax details in - just the date we got married and her name & PPSN.
Her total taxable income was €11,269 (it was a part time job with a little bit of rental income) - so I see she's used €1,650 of her personal credit, but just €603.80 of her employee tax credit, which brings her net tax liability to 0. I, OTOH, had a gross income of nearly €60,000 and paid PRSI, USC and PAYE the usual way (deducted by employer before I get paid).
So I'm wondering what the best way for me to proceed is. Do I need to divide out our tax credits & rate bands? If so what's the best way to do so? Is there €1,046.20 of her employee credits (or, 9/12 of it anyway) remaining that would be transferrable to me? If so, should I add it to my employee credit when filling out my form? Or will revenue just work it out after I submit my form?
(I've another question which is possibly even more basic (sorry!) about 2019 but I'll ask that separately as it's a separate question really.)