Tuesday, July 7, 2009

How long can I live in Ireland without having to pay taxes

How long can I live in Ireland without having to pay taxes?
I wanted to move to Ireland to live part-time. But I think there is a limit on how much I can make in Ireland without having to pay taxes. How much is it? How long can I live and work there before I have to pay tax?
Other - Ireland - 1 Answers
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1 :
You will be charged tax on all of your income from Irish sources. The extent of your liability to Irish tax may also be influenced by your domicile status and possibly by a double taxation agreement. How much tax you have to pay will depend on how much you earn, if you have family, if you own a house, if you pay refuse collection charges...the list goes on. In addition to income tax, social insurance (known in Ireland as 'Pay-Related Social Insurance' or PRSI) and, where applicable, a 2% health contribution are also deducted through the tax system by employers or paid to the Revenue Commissioners directly by the self-employed. To be able to work legally, you must have an PPS number (Social Security no.) and to get one of those, you have to register with the tax office. The best and most legal thing to do is to register and do a tax return, If you are within the limits, any tax you pay will be returned to you.






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