jabberwocky
Registered User
- Messages
- 14
Hi all,
I hope this is the right place to post this, my apologies if it is incorrect.
I am an Irish citizen, who has been working abroad for +10 years. I returned home before Covid and will be living (and eventually working) here for the foreseeable future.
I have not worked in Ireland in years, and since returning home I have been living off my savings and trading shares for some income. I have made approximately 10k through this activity.
My question is -- as this 10k is my only income, is it taxed as income, or taxed as capital gains? Revenue suggest that it is income, but in that case, I would be below the threshold for paying income tax anyway so I don't know if I need to even pay anything. Their service is not as informative or helpful as it once was and I have not been able to understand any further from speaking with them.
Many thanks everyone.
I hope this is the right place to post this, my apologies if it is incorrect.
I am an Irish citizen, who has been working abroad for +10 years. I returned home before Covid and will be living (and eventually working) here for the foreseeable future.
I have not worked in Ireland in years, and since returning home I have been living off my savings and trading shares for some income. I have made approximately 10k through this activity.
My question is -- as this 10k is my only income, is it taxed as income, or taxed as capital gains? Revenue suggest that it is income, but in that case, I would be below the threshold for paying income tax anyway so I don't know if I need to even pay anything. Their service is not as informative or helpful as it once was and I have not been able to understand any further from speaking with them.
Many thanks everyone.