Moving money back to Ireland

[Honey]

Hello,

I have been working abroad and paying tax abroad (singapore) for a couple of years. Satisfying the 183 day rule for tax purposes in ireland. Colleagues seem to believe I will pay tax on moving my savings back to Ireland from Singapore, but I thought that once you satisfy the 183 day rule (not being in Ireland for more than 183 days over a two year period), you were not eligible to pay tax in Ireland.

Can anyone clarify!

Thanks

 

[dublin67]

Generally speaking you won't be liable to tax in Ireland on money you've earned abroad. Thus bringing back income that has already being taxed won't be taxed in Ireland. This includes the tax year in which you return so if you return in the middle of 2019 only earnings arising after you return will be taxed in Ireland. They maybe some complexity if you are living in Ireland and still working for employer in Singapore but other than that you should be fine.