How Much Can I Earn Before Tax....ireland

[dieseldick]

im working in dublin, how much can i earn before i start to pay tax. then when i start paying tax will i be taxed at 42 percent ?

anyone know how irish system works ? do i need to declare to HRMC .

i have never worked in eire before.

[dieseldick]

gross per week is 1500 euro

[Fibonacci]

Irish Tax Calculator
http://www.pwc.ie/campaigns/budget/irish-budget-2015-2016/2016-calculator.html

Some more info on Irish tax system
http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.html

[alavahalf]

My son and some of his mates go on short contracts all over the place.
They all do the same thing and use an 'Umberella company' for tax purposes and seem to pay about 10% tax .. plus a small handling fee to the Umberella Co.
Seemingly it gives you a warm glow when you are walking away with £60k or more .. for 6 months work.. personally I've never felt that warm glow .. :-(

[fiction-factory]

The rules regarding offsetting expenses through umbrella companies were changed significantly in April 2016 so it is no longer attractive. Anyway, the main beneficiaries of using umbrella companies were always the employers and umbrella companies- yes the employee could offset quite a lot against tax but the employee had to pay the weekly payroll/admin fee and pay the employers' NI a swell as their own tax and NI

[dieseldick]

i didnt go on with the job . though i still have a question , what can i earnb in ireland before being taxed ?

[Peter Pedant]

jesus it looks like a thousand euros

http://www.revenue.ie/en/tax/it/leaflets/it1.html

thereafter tax starts at 20% - I cant work up much interest in the ROI tax system so you will have to navigate the site yourself

[fiction-factory]

i think it's also complicated by two other factors. First, I assume it would be short term contract work which may not last a full tax year, so there may be some rebate when you finish. Second, I think you may have to declare overseas earnings and tax when you return to the UK You may find you have missed out (saved money ) on NI