Returning to Ireland in 2019? Your questions answered

tax questions answered on returning to Ireland - Crowe Ireland

Returning to Ireland in 2019? – Here’s what you need to know.

Tax is always a major concern for ex-pats thinking of returning to Ireland. In a special holiday season series, our tax department are sharing some of the common questions that we are frequently asked from people who are looking to return home.

Question #1: I’m planning on returning to Ireland midway through 2019. Will my foreign employment income be taxable in Ireland?

You will be taxable in Ireland on your worldwide income and gains if you are Irish tax resident in 2019. Broadly speaking, an individual will be Irish tax resident if they spend in excess of 183 days in Ireland during the tax year. However, it is possible to avail of a tax relief called “split-year treatment” for the year you return to Ireland.

The relief works such that any foreign employment income you earned before returning to Ireland and becoming tax resident again, is not subject to Irish tax. An application must be made to Revenue for this treatment to apply.

Another benefit of this relief is that you will still be able to benefit from a full year’s worth of Irish tax credits and tax bands in the year you return, provided you are Irish tax resident, even though you might only be returning halfway through the tax year.

Read the answers to the rest of our tax series on returning home:

Question #2: I’m planning on returning to Ireland and taking up employment. I have been away for a number of years. How do I apply for tax credits?

Question #3: I have been living abroad for a number of years and am planning on returning to Ireland. I bought a property abroad and will sell the property before returning to Ireland. Will the proceeds be taxable when brought into Ireland? What about any money I have saved in my foreign bank account?

Question #4: I am planning on buying a home when I return to Ireland. What are the taxes and reliefs available to me?

Question #5: I have made contributions to a foreign pension fund. Can I transfer these benefits back to Ireland?

Question #6: I paid social insurance contributions while living and working abroad. Will these contributions count towards qualifying for my Irish state pension?

Question #7: I am returning with a spouse / children who are not Irish citizens. What practical steps do I need to take in accessing benefits etc., for my family?

Question #8: I am moving to Ireland to work for an Irish subsidiary of my foreign employer. Am I entitled to any Irish tax reliefs or exemptions?

If you have any questions about returning to Ireland or any other personal tax issues, please contact a member of our tax team.