Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

PAYE tax credit for spouse of a properitary director

  • 21-10-2008 2:54pm
    #1
    Wreck
    Registered Users, Registered Users 2 Posts: 2,139 ✭✭✭


    Quick question, is the spouse of a properietary director of the company by which he/she is employed entitled to the PAYE tax credit?


Comments

  • #2
    ams
    Registered Users, Registered Users 2 Posts: 1,443 ✭✭✭ams


    no dont think so!

    http://www.revenue.ie/publications/tax-briefing/issue-68/employee-credit.htm


  • #3
    Wreck
    Registered Users, Registered Users 2 Posts: 2,139 ✭✭✭Wreck


    Opps :o, how the hell did I not know this?


  • #4
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    if you don't pay PAYE you don't get the credit. period.


  • #5
    Wreck
    Registered Users, Registered Users 2 Posts: 2,139 ✭✭✭Wreck


    SetantaL wrote: »
    if you don't pay PAYE you don't get the credit. period.

    Yeah, but the spouse is paying PAYE, deducted at source by the employer. According to the Revenue briefing linked the spouse is still not entitled to the PAYE tax credit, or am I missing something?


  • #6
    Baby4
    Closed Accounts Posts: 1,407 ✭✭✭Baby4


    This post has been deleted.


  • Advertisement
  • #7
    Wreck
    Registered Users, Registered Users 2 Posts: 2,139 ✭✭✭Wreck


    Baby4 wrote: »
    This post has been deleted.

    The person paying PAYE is an employee of the company of which the spouse is a proprietary director. My reading of the link is that the spouse is not entitled to the PAYE tax credit.


  • #8
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    She's a connected person to the company in question and as such, unfortunately is not entitled to the credit. It's a quirky one alright, but that's just the way it is.


  • #9
    Legend100
    Registered Users, Registered Users 2 Posts: 736 ✭✭✭Legend100


    The spouse is working for the company as spouse of a proprietary director....he/she is therefore regarded as Class S and is not entitled to the PAYE credit in this employment.


  • #10
    NaasMan
    Closed Accounts Posts: 24 ✭NaasMan


    Legend100 wrote: »
    The spouse is working for the company as spouse of a proprietary director....he/she is therefore regarded as Class S and is not entitled to the PAYE credit in this employment.

    The meaning of Proprietary Director for Tax and Social Welfare purposes are different.

    As such, just because a person is a Proprietary director of income tax purposes, does not mean they are subject to Class S PRSI. To get Class S, you must not be employed under a contract of employment.


Advertisement