PRSI Tax credit as Director in Northern Irish company

[techieperson]

Hi there,

I have a question regarding the PAYE tax credit for company directors. I have been asked to be chairperson/director of a Northern Ireland charity that is just setting up. I am currently resident in Rep of Ireland, and working in full time PAYE employment here. If I took this position it would be a voluntary position so I intend to remain resident and working in Rep of Ireland. The position is part time and voluntary, and therefore I would not be paid and I would presume I would not have any shares in it.

So here's my question. I know that you lose your PAYE tax credit as a company director in Rep. Of Ireland but does this apply if I am the chairperson or director of a charity or company in Northern Ireland and residing and working in PAYE employment here in Rep of Ireland?

Thanks in advance for your help,
Techieperson

 

[Domo]

You will receive your PAYE tax credit as long as you have PAYE income from a "normal" employment (not a proprietory director).