We advise many clients who operate across national boundaries, particularly those Irish tax resident individuals who travel to the UK on a regular basis but remain Irish tax resident. A particular tax problem that often arises is potential double taxation on the individuals UK earnings. There are various rules available and a number of ways we can advise clients to lessen this burden.
‘Cross Border Relief’ operates to reduce the clients total tax liability on their Irish Income tax return by reducing it by the proportion the UK income bears to their total income. There are some basic conditions including the requirement that the taxpayer spends a minimum of one day per week in Ireland and also holds the employment for a minimum of 13 weeks.
If you would like to discuss this exemption in more detail or have any issues you need to resolve about your Irish tax liability please see O’MahonyDonnelly Contact Details.