MisterWhite
Registered User
- Messages
- 2
Hi,
Hope I'm not being annoying by asking another question in this area..... I've reviewed the stickie on Tax (seems quiet a few years old), and done some research, but still not quite clear on the answer.
So, like a lot of people I'm curious about going for joint assessment with my new spouse. Most of the examples you find online refer to one income above the standard cut off and one below, and how this can benefit the higher earner. In my case the following would apply:
Income 1 - gross salary ca. €100k. Also have various revenue approved share schemes I can cash in yearly, and pay CGT on the gain > €1270
Income 2 - ca €50k
So we both pay higher rate of tax, but only I would have CGT liabilities.
From what I've read, there would be no income tax efficiencies from joint assessment, but could I benefit in other ways, i.e. from a CGT perspective?.
Any guidance would be really appreciated.
Thanks!!!
Hope I'm not being annoying by asking another question in this area..... I've reviewed the stickie on Tax (seems quiet a few years old), and done some research, but still not quite clear on the answer.
So, like a lot of people I'm curious about going for joint assessment with my new spouse. Most of the examples you find online refer to one income above the standard cut off and one below, and how this can benefit the higher earner. In my case the following would apply:
Income 1 - gross salary ca. €100k. Also have various revenue approved share schemes I can cash in yearly, and pay CGT on the gain > €1270
Income 2 - ca €50k
So we both pay higher rate of tax, but only I would have CGT liabilities.
From what I've read, there would be no income tax efficiencies from joint assessment, but could I benefit in other ways, i.e. from a CGT perspective?.
Any guidance would be really appreciated.
Thanks!!!