Tax implications on maintenance payments
Paying maintenance payments to a former spouse ?
If so the following can be claimed back:
Income Tax
An individual is entitled to a deduction in arriving at total income in respect of legally enforceable maintenance payments made to a former spouse and thereby should obtain a refund of income tax
USC
USC can also be claimed back on the maintenance payments
PRSI
PRSI can also be claimed back on the maintenance payments
The above is subject to qualifying conditions and can be claimed back at the end of the relevant tax year.
Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie