terrycasper
New Member
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You are on a quarter-of-a-million salary living in a €300k house as a family of five.Income
Personal : 250k
Spouse : 5k
Summary of Assets and Liabilities
Family home value: 300k
Does she submit a Revenue return? Anyone with self-employed income >€5k pays €500 PRSI and gets 52 credits reckonable for the state pension.My wife is a homeworker who has a small cash business sideline, which had income before expenses of about 5k last year.
Not as yet, but definitely something I need to look in to. Helpful to know that 5k threshold, thank you.Does she submit a Revenue return? Anyone with self-employed income >€5k pays €500 PRSI and gets 52 credits reckonable for the state pension.
As for own private pension it’s unlikely that she’ll ever pay enough income tax to make it worth her while contributing to one.
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