Personal Tax Credits

Discussion in 'Tax' started by Ciadan, 12 Mar 2019.

  1. Ciadan

    Ciadan Frequent Poster

    Posts:
    105
    My husband & I are jointly assessed. He has all the personal credits (€3,300). We both work in public sector. Up to Feb 2018 I was working p/t earning €20,000. He earns €33,00. I now work f/t and earn €45,000. Should we make any change to the personal tax credits or does it matter when we’re jointly assessed?

    Any advice appreciated as we’re clueless!
     
  2. deadlyduck

    deadlyduck Frequent Poster

    Posts:
    392
    You can both claim €1650 employee credit and €1650 personal credit, so €3300 each.

    Based on your gross pay values, you could consider transferring the unused portion of his SRCOP (€2,300 i.e. 35300-33000) to yourself as he doesn't need it and you could benefit from it.
     
  3. Ciadan

    Ciadan Frequent Poster

    Posts:
    105
    Thank you for your reply.