In this episode of Tax Bytes for Expats, I had the pleasure of speaking with Mel Morgan from UKStatePensionAbroad.com. Mel and his wife, Martha, specialize in helping people maximize their UK state pension benefits as appointed agents of HM Revenue and Customs, even if they’ve left the UK years ago.

We discuss how those with previous employment in the UK can top up their pension contributions and potentially boost their retirement income by thousands per year. Mel walks us through the simple but crucial process of determining eligibility, applying for back payments, and making sure everything is optimized to ensure the best outcome.

This episode is a must-listen for anyone who’s worked in the UK and wants to understand how they can benefit from the UK’s state pension system, even if they’re living abroad. Whether you’ve spent just a few years in the UK or worked there long ago, there’s still time to act and secure this valuable pension opportunity.

What is discussed in this episode:

• UK State Pension Eligibility: You need at least three consecutive years of employment in the UK to qualify for a UK state pension, regardless of how long ago you worked there.
• Class 2 vs. Class 3 Contributions: Most people can buy back years at the more affordable Class 2 rate, costing around £165 per year. Failing that, Class 3 contributions are still a great investment, albeit at a higher rate.
• Double Pension Benefits: You can receive both UK and Irish state pensions for the same years worked, as they are treated separately, similar to additional voluntary contributions (AVCs).
• Time Sensitivity of Applications: The window to top up your UK pension contributions closes on 5 April 2025 (with caveats) but Mel's team may stop accepting applications by November 2024 to manage demand, so submit your request quickly!
• Seek Expert Advice: Working with an expert like Mel can ensure your application is optimized for success, helping you avoid costly mistakes and navigate the complexities of dealing with UK Revenue and HMRC.

Contact Mel Morgan:

Email: info@ukstatepensionabroad.com

Website: https://ukstatepensionabroad.com/

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If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.

Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.

Mentioned in this episode:

Special Offer from our Trusted Partner, Currencies Direct

This episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months...

Hey everyone, Stephanie Wickham here with another episode of TaxBytes for Expats. In this week's replay, we're diving into the important topic of tax domicile from an Irish perspective.

Now, your tax domicile is a key factor in determining your exposure to Irish taxes, especially for those of you moving to Ireland from abroad. We'll run through the different types of domicile, how to determine yours, and what it means for your tax situation.

I know it can seem a bit complicated, but don't worry - we'll break it down in plain English so it's easy to wrap your head around. Whether you've got an Irish domicile of origin or you're looking to understand what a domicile of choice means for you, this episode will point you in the right direction.

Main Topics discussed in this episode:

• Definition and overview of tax domicile from an Irish perspective
• Types of domicile: domicile of origin, domicile of choice, and domicile of dependence
• Acquiring a domicile of choice and the burden of proof on the taxpayer
• The importance of determining domicile for Irish tax exposure, particularly for foreign income and gains
• The remittance basis of tax for non-Irish domiciled individuals who are Irish tax residents

Disclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as legal or tax advice. Always consult with a qualified tax advisor or accountant regarding your specific situation. The hosts and guests of this podcast disclaim any liability for actions taken based on the information discussed.

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If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.

Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.

Mentioned in this episode:

Special Offer from our Trusted Partner, Currencies Direct

This episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct.

Click here for Currencies Direct Special Offer

We've all been there - as expats, we have questions about what we need to know to pay taxes in a new country, and the last thing we want is to find conflicting information on the Internet!

Well, worry no longer! In this episode I'm diving into the top five tax tips you need to know if you're planning a move to Ireland. Whether you're returning home or relocating for the first time, understanding the tax landscape can save you time, money, and stress.

I'll cover everything from residency status to navigating Ireland's tax system. If you're thinking about your move or getting ready to manage your finances, this episode will be a great start for you!

Topics covered in this episode

• Understanding Tax Residency Status: learn the Irish tax residency test and why you need to know your home country's residence rules.
• Hiring Tax Return Preparers in Both Countries: The value of having tax advisors in both your current country and Ireland.
• Knowing Your Tax Domicile: The significance of tax domicile and the remittance basis in Ireland.
• Understanding the Irish Tax System: Key points about the Irish tax year and filing deadlines.
• Navigating Revenue’s Online System: Tips for using Revenue’s online services, including ROS and MyAccount.

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If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.

Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.

Mentioned in this episode:

Special Offer from our Trusted Partner, Currencies Direct

This episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct.

Click here for Currencies Direct Special Offer