Tax tips for employees
As a dual income couple, the amount you will be taxed at the 20 per cent band is €38,000 plus whatever is lower: €20,400 or your spouse's income. 1. Become a dual income couple
1. Become a dual income couple
As a dual income couple, the amount you will be taxed at the 20 per cent band is €38,000 plus whatever is lower: €20,400 or your spouse's income. So to ensure you avail of the full €58,800 band at 20 per cent, it makes sense, if possible, to transfer up to €19,000 of rental or other income to your spouse. This causes no tax complications as asset ...
