Wheter your PAYE of self employed the tax system in Ireland only issues tax credits as directed by you.
We all recieve the standard credits (single / married persons) plus the PAYE credit but thats about it.
Depending on your circumstances, and how they change can effect your credits and therefore the amount of tax you pay !
For starters if you are married, and have children, and one spouse has either no income or earns less than €7,200 per annum, you can claim an extra credit worth up to €1,100.00 per annum. If you werent aware of this credit you can go back 4 years.
Drop us a note with your details and we can let you know within a day or two if a tax redund is due to you.
The carers credit applies to children, person 65 or over and a person permanently incapacitated.
With reference to claiming for a spouse with earning less than 6,700. I am self employed and my partner (not married) has little or no earnings, would this apply to me?
Sorry but like so many people I know in the same situation you do not qualify if you are not married.
You are also losing out on joint assessment where you could claim your partners unclaimed tax credits and reduce your own tax bill. Your own accountant should check for any changes like this or….!
See my post on Partnerships – it might be of some relevance to you if you were to go into partnership.