Moving abroad – Split year treatment

Moving abroad – ” split year treatment”

If you are moving abroad and you will be resident in Ireland in the year of departure and non-resident the next year, you can claim ‘split-year treatment’ in the year of departure.

This means that you continue to be treated as resident up to the date of departure.

All your employment income up to that date is taxed in the normal way. Your employment income from the date of departure is ignored for Irish tax purposes.

Generally, full tax credits are allowable on a ‘cumulative basis’.

This means that you receive a full year of tax credits even though you have been resident here for only part of the year which could result in a tax refund.

Split-year treatment applies to employment income only.

Any queries on the above please do not hesitate to contact me on 091 763817 or email me at oliver@taxreturnhelp.ie