Recently married/Opting for separate assessment

[Westy29]

Hi

We are recently married and want to continue to be taxed as we are now except I want to have her unused standard rate band allocated to me so we are opting for seperate assessment. I rang revenue the other day and am more confused now. I understand what option I want but the form I find confusing.

1. If we opt for seperate assessement do I need to fill out the form nominating the assessable spouse for the purposes of transferring the unused standard rate?

2.If I do do I simply tick the box for transfering the unused standard rate.

3. Does this transfer of unused standard rate band only happen at the end of the year, ie would we get a rebate in january the following year or through my paycheck in december?

4. Do I need to send in our P60's to enable them to review our tax for the portion of last year we were married or can I simply ring them and ask them to do that?

My concern is if I nominate myself on the form am I opting for joint assesssment? Its a little unclear.

Thanks

 

[emeralds]

Have you read this?
http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/taxation_of_married_people.html

 

[Westy29]

I did emeralds but it still doesnt clear up the questions I have.

 

[Sophrosyne]

I don’t think that there is a specific form for opting for separate assessment.
According to Revenue’s website, a verbal claim for this method of assessment will suffice.

If you have not already done so, you should advise Revenue of the date of your marriage, the PPSNs of you and your spouse and that you wish to be separately assessed. You should also advise of any other details, such as your current address.

You can do this by telephone call, email or letter.

Unused credits and rate bands of one spouse are transferred to the other spouse by end-of-year review.

Regarding the year you were married, Revenue may already have details of your earnings from the Forms P35 of your respective employers, but a telephone call or email to your tax district will clarify whether you need to submit P60s

 

[emeralds]

According to the citizens info link you cannot transfer unused tax credits.

 

[Joe_90]

Recently married/Opting for seperate assessment

http://www.revenue.ie/en/tax/it/leaflets/it2.html#section7

Write to Revenue stating you wish to be separately assessed before 31 March.

Get your affairs together and file a form 12 with your claims or PAYE anytime assuming your not required to file a form 11.

 

[Westy29]

Thanks all

It seems when you apply by phone they simply send you out the form, so you cant apply by phone really.

The form isnt for applying for seperate assessment (ie there is no option on the form for it) but you have to fill it out anyway??? Great

You then submit your P60's at the end of the year to assess what unused standard rate band can be transfered and you recieve a rebate.
Would submitting your P60's be the same as requesting a balancing statement????