Tax Credits for 2016

[user555]

Quick question on tax credits.


For 2015 as I was over 65 I claimed exemption limits for over 65’s which gave me €36000 tax free and anything over that was taxed at 40%. ( I have another small pension which brings me above the €36000 limit) My wife was on dependent relative allowance which was deemed to be my income.


Jan 2016 she will be entitled to a contributory pension in her own right. Can I claim PAYE credits for myself and my wife for 2016 because we are both paid state pension, ie €1650 for myself and €1650 for my wife as we are both now paid separately?


Thanks in Advance

 

[Joe_90]

Under joint assessment you and your wife can claim the PAYE cr the married credit and the age credit.

€1,650 + €1,650 + €3,300 + €490.

 

[user555]

Thanks Joe_90.
Just what I thought. Just needed to have it clarified. Will need to contact Revenue in the New Year so.

Again thanks for your help.