ourwarehouse
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Or you could claim the Exemption Limit which means if your income is below €18,000 you have no PAYE liability.Quick answer here:-
Widowed Person’s Tax Credit
If you are a widowed person you can claim an increased personal tax credit. The amount of the tax credit depends on whether or not you have dependent children and when your spouse died.
So, assuming that you are a widowed person without dependent children you will still get the Married Person's Tax Credit in the year of death.
This is €3,550 in 2023 And in the years following the year of death, you will get the Widowed Person's (without dependent children) Tax Credit.
This is €2,315 in 2023.
A tax credit of €2,315 means that you will not have to pay any income tax until your taxable income exceeds €11,575.
So an income of €18,140 means that you will be liable to pay tax on €6,565 of your income. (At 20% the tax will be about €1,313).
You will also be liable for USC. I note that you didn't mention PRSI - are you exempt from paying it?
It's important to note that if you are aged over 65, then you could be eligible for marginal tax relief. That would involve you paying 40% tax on the amount of your income above €18,000, in your case that would be €140 * 40% = €56.
Full details can be found here: https://www.citizensinformation.ie/...me-tax-credits-and-reliefs-following-a-death/
I think earned income credit is also due as it can be applied to the pension earnings?
Employee tax credit is available where the taxpayer has DSP income.She has no PAYE income to get the PAYE Tax Credit for.
Rental Income is not 'Earned'.
Can I ask the Widowed Person’s Tax Credit is that only for 5 years or can it last much longer until you happen to cohabiting or remarried again?
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