Sole trader, married mid-year, use new "UK wife's" credits?

[boatbuilder]

Hi,
I have a tricky situation that I'm trying to get my head around.

I got married in July 2009 and my wife moved over from the UK to Ireland at that time and got herself a PPS number. She has not worked at all because we had a baby pretty much straight away and she brought her other 10 year old son with her, who we are getting child benefit for.

Anyhow, most of my income is from a PAYE job, but I also have a side-business and am registered as a sole trader as well and registered for VAT.

As it stands, I have been taxed as a single person for 2009; I have not told revenue yet that I'm married. I think I was just about in the higher tax bracket.

I have the accounts done for the sole trader part of my income, which shows a small profit of about 5000 euros.

But I also want to take advantage of my wife's tax credits for 2009? Can i do this considering she moved over and got her PPS number here in the July and has not worked at all?

If I can, can I use her entire year's worth of tax credit, or just a portion of it to correspond with the months July-December 09?

Would I be correct to assume that I can add her tax credits to mine as follows?

1- Double my single persons credit
3- Home carer's tax credit

What would my cut-off point be?

And can this all be entered to the revenue's online system?

Thanks for your help.

David

 

[Domo]

Ring the Revenue, the will probably want a form completed to confirm the date of your marriage.

Then request a review for 2009.

 

[Clarkey]

You will be taxed as a single person for 2009. It is possible to look for a year of marriage review where the difference in tax payable between you as a single person and the two of ye as a married couple is ascertained.

If ye married in July 2009 ye are deemed to be married for half of the year and a refund, if relevant, will issue based on 50% of the difference.

 

[xxx]

Register for Paye from 1/1/09 and pay your wife 5000 wages. she would be class m which means you would not have to pay employers prsi. she would also have enough credits to cover wages.