| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 685.1 | Double taxation problem. | TRIBES::CREAN | You're never alone with a clone | Thu Nov 30 1989 03:45 | 6 |
| I believe there is a treaty or agreement or something which
enables a person to avoid double taxation. I don't know the
details, but the nearest consulate should be able to supply
a leaflet.
|
| 685.2 | | VUETOO::MCCROHAN | Mike McCrohan @BPO Dtn 296-3040 | Mon Dec 04 1989 00:17 | 4 |
| I believe the way it works most times is that you pay the non-usa
mortgages, taxes etc, and then claim them as deductions on your
US taxes.
|
| 685.3 | | YUPPY::OHAGANB | | Thu Oct 19 1995 09:37 | 14 |
| I'd be grateful if someone could supply details of income tax rates
in the Republic. I have been led to believe the basic rate is someone
in the region of 48 pence in the punt which sounds preposterous.
Also, what taxes does the individual pay if they, say, live in the South
but work in the North. Some form of double tax? The reason being that I
will probably moving over to Ireland next year to a border region
(Buncrana/Derry) and need to find out whether the South's an option
without getting clobbered for tax.
Thanks,
Barry.
|
| 685.4 | no way | EASE::KEYES | | Thu Oct 19 1995 11:47 | 16 |
|
Barry,
I'll try and dig out the tax book and send it on...we are hammered with
tax ok though basic rate of 48p in punt is WAY off..no way..thats one
of the top limits...alot depends on whether your single/kids/house etc
etc..like most places I suppose.....
Living in south but working in the North..I know alot of folk who do it
so will ask them...will see them next week or so...
Great area though!..(Buncrana/Derry)...one of the best around...
rgs,
Mick
|
| 685.5 | maybe not that far off ! | STOWOA::COADY | | Thu Oct 19 1995 12:25 | 27 |
|
Actually 48p is probably not "Way off". It does depend on your taxable
income and Ireland used to have reasonably good allowances for
mortgages, kids etc. But a single person, earning the mid to high end
Hi-Tech salaries would pay a HUGE tax bill, pluss PRSI (social
security) + unemplyment etc etc etc.
Its been 9 yrs since I worked there, but I would guess that a person
earning 25-30k punts would pay 40% to the government.
Then there is VAT on cars, gas .......
I would say that the total TAX government "cut" from a pay-packet is
probably one of the highest in the world.
I would be interested in seeing a few scenarios.
As to live in South and work in North, not sure current status, but it
used to be that you paid taxes where you work (they are normally
decucted Pay As you Earn (PAYE), so itsthe employer that has the
responsibility to do it. The catch then was if your house was in
another country, could you get the tax deductions for mortgages, kids
etc.
I don't have an up-to-date answer on that.
|
| 685.6 | | PLAYER::BROWNL | Tyro-Delphi-hacker | Thu Oct 19 1995 12:53 | 5 |
| My cousin in Dublin, who's a 24yo single mother, no mortgage, said she
earns just under 11K pa and pays more than 40% in income tax alone. I
was so shocked I didn't ask for details.
Laurie.
|
| 685.7 | | CHEFS::OHAGANB | Destination Donegal, possibly | Wed Oct 25 1995 10:46 | 4 |
| Anyone know what type of charge NAV is? It is levied on properties in
Northern Ireland but that's as much as I know.
Barry.
|