Taxbytes for Expats

In this episode, we’re diving into the intricacies of PAYE taxation in Ireland with Alan Purcell, a Chartered Accountant and tax expert from Cloud Accounts. Alan is our first guest who's an Irish Chartered Accountant, and has made it his mission to simplify personal taxation for everyone. In Part One of our chat, Alan breaks down the complexities of the PAYE system, highlights key differences between Irish and international tax systems, and shares tips on maximizing your tax returns. Whether you’re relocating to Ireland or just looking to understand the Irish tax system better, this episode is packed with information that could put money back in your pocket. Enjoy this week's episode, and don’t forget to check back in two weeks for the second installment of my enlightening discussion with Alan! Main Topics discussed in this Episode: Contact Alan Purcell Alan's Website: https://www.cloudaccounts.ie/ Instagram: https://www.instagram.com/cloudaccountsireland/ Book a Consultation with Alan: https://calendly.com/cloudaccounts/cloudaccounts-consultation Recommended by Alan The Remote Bookkeeper: https://www.instagram.com/remotebookkeeper/ ***** 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/.

In this episode I chat with Damien Mason from Mason Transport, a leader in international relocation services to and from Ireland. With over 28 years in the business, Damien shares with us the ins and outs of moving to and from Ireland after helping people move over the last three decades. Navigating the task of moving cars, furniture, personal items and more is difficult without guidance and support on the restrictions, paperwork and coordination (especially when it could be months before you see your stuff again). Damien shares his advice on navigating customs, avoiding common pitfalls, and making your big move as smooth as possible. The insights Damien shares in this episode could be the tips you need to make your move from or to Ireland that much easier. We hope you enjoy the episode and can ease the strain on your move! Main Topics discussed in this Episode: If you'd like to get in touch with Damien and Mason Transport to move your stuff to or from Ireland: info@masontransport.com ***** 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/.

Working overseas as a U.S. citizen means the tax conversation can be tricky! How much do you pay as taxes to each country? Do you need a tax agent in the U.S.? And what entitlements do you have as someone working abroad? With over a decade of expertise in US expat taxes, Olivier Wagner shares with me what U.S. citizens living abroad need to know, especially if they are digital nomads. From leveraging the Foreign Earned Income Exclusion to the complications of Social Security contributions, Olivier shares with me the insights you need to live in Ireland and pay taxes in the U.S. Whether you're considering renouncing your US citizenship or curious about the tax implications of your global lifestyle, this episode is packed with essential advice to help you stay compliant and make informed decisions. Main Topics Discussed: If this conversation resonates with you and you'd like to seek out Olivier's services, head to https://1040abroad.com/ to organise a free consultation. Alternatively, you can purchase Olivier's book on Amazon. LinkedIn: https://www.linkedin.com/in/owagnerea/ ***** 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/.

The Irish property market is often considered difficult to understand, and houses even harder to come by. In this episode, I get to speak with Miriam Finn, a seasoned property consultant who's dedicated to helping folks like you find their dream homes in Ireland. With over three decades of experience in finance and property, Miriam is an expert at finding and securing houses for expats both in Ireland and overseas. In our chat, Miriam breaks down the essentials of the property buying process in Ireland, shares tips on overcoming common hurdles and offers a glimpse into what buying a property in Dublin is like. So whether you're contemplating a move back to Ireland or considering an investment here, Miriam's advice and services will be a huge benefit to you! Main topics discussed in this episode: More information and to book free consultation with Miriam Finn, head to www.miriamfinnproperty.ie or connect with her on LinkedIn: https://www.linkedin.com/company/miriam-finn-property-consultant/. ***** 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/.

As an expat, you've likely had to sort out your tax residency and assets in multiple countries and if you've got interests in three or more residencies, it becomes really complicated! This week I had a chat with Tim Huelin, the brains behind the brilliant new app: Daysium (https://daysium.com/). Before trying his hand at tech entrepreneurship Tim was a pilot, so he knows a thing or two about bouncing between countries. That's why he created Daysium – to help folks like us keep track of our travels for tax reasons without all the headache. In this episode, I found out how Tim went from flying people around the world to crafting an app that's all about making tax residency tracking a breeze. You'll get the lowdown on what Daysium is, who it's for, and why it could be a game-changer if you're tired of keeping track of your international moves the old-fashioned way. And you'll be prepared when your tax accountant mentions for you "to keep records"! So, whether you're moving countries often or planning a big move and want to keep your tax accountant happy, listen on to discover how Daysium could take the stress out of your tax residency woes. Plus, find out how you can get on board with this nifty tool and even become a partner. Main Topics discussed in this episode: If you'd like to find out more about Daysium and how it can help you effectively track your tax residency, visit https://daysium.com/ or register your interest now for access to Daysium as an exclusive bonus for Taxbytes For Expats listeners! ***** ​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/.

You may have considered relocating to Dubai, a hub for entrepreneurs seeking financial freedom and a zero-tax lifestyle. In this episode, I had a chat with Shiraz Waheed, an experienced financial consultant from Deloitte turned independent startup consultant, who shared his insights on the tax aspects of making the move from Ireland to Dubai. Shiraz shares with me his Dubai Zero-Tax blueprint process which has helped hundreds of entrepreneurs improve their tax repayments while enjoying a location-independent lifestyle. Whether you're contemplating moving your family to Dubai or establishing a tax-efficient corporate structure, Shiraz's expertise offers a roadmap to help your money support your lifestyle, and not the other way around. Main Topics from this episode: For anyone considering a new chapter in Dubai or seeking ways to enhance their financial freedom, this episode is packed with actionable insights and expert advice. If you're interested in talking to Shiraz about moving your business to Dubai, visit setuphero.com or email Shiraz at Shiraz@SetupHero.io. ***** ​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/.

I'm thrilled to have Marc Westlake, a seasoned Chartered Financial Planner and the Managing Director at Everlake, join us once again for a vital discussion that picks up right where we left off. In Part Two of our conversation, Marc shares valuable insights into maximizing your pension benefits, the art of diversification, and how to be financially savvy globally and in Ireland. Whether you're contemplating the move, have recently relocated, or are looking to optimize your existing arrangements, Marc's expertise will help you secure your financial future. From understanding the bedrock of pensions in Ireland to strategic moves that could save you and your family plenty of money, Marc breaks down complex financial planning into actionable advice. Moreover, we explore the potential of pensions not just as a retirement fund but as a tool for achieving financial independence and flexibility much earlier in life. Remember, financial wisdom isn't just about accumulating wealth; it's about making informed choices that align with your life goals and values. Main Topics discussed in this Episode:  T​his episode is Part 2 of my conversation with Marc - if you haven't listened yet, check out Part 1 from two weeks ago. I​f you're interested in engaging Marc in his services, get in touch via the Everlake website (https://everlake.ie/​). ​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/.

Marc Westlake, a Chartered Financial Planner and Managing Director at Everlake, brings a wealth of knowledge in wealth management and tax-based services for families and foreign nationals in Ireland in this episode of Taxbytes For Expats. Join us for Part 1 of this enlightening conversation as we unpack the layers of financial planning and tax considerations for expats living in Ireland. Marc's unique blend of professional expertise and personal experience makes for an informative and engaging discussion that you won't want to miss! Main Topics discussed in this Episode T​his episode is Part 1 of my conversation with Marc, with Part 2 to come in two weeks. I​f you're interested in engaging Marc in his services, get in touch via the Everlake website (https://everlake.ie/​). ​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/.

In this episode we had a fantastic chat with Matthew, an Australian expat who, with his Irish wife, embarked on an adventurous move from Melbourne to Ireland. Matthew, who you might know from his podcast "From My Home to Yours," dives deep into their personal journey, sharing the ups and downs, the laughs and the challenges they faced along the way. We talk about everything from dealing with visa issues and financial planning to adapting to the Irish way of life (and searching for that perfect cup of coffee!). If you're curious about what it's like to uproot your life and start anew in Ireland, this episode is just for you. It's packed with heartfelt stories, practical tips, and a good dose of Aussie charm. Tune in to get a real feel of what moving to Ireland entails, and remember, for any specific tax advice, our team at ExpatTaxes.ie is always here to help. Main Topics discussed in this episode: 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/.

In this inspiring episode of Tax Bytes for Expats we join Marcus Bailey, an American expatriate who recently made the life-changing move to Ireland. Marcus shares his personal journey - from his emotional connection after arriving in Ireland first in 1995, to the practical challenges of immigration, setting up a new home and adapting to a new life. With insights into the Irish weather, the warmth of the local community, and navigating the complexities of the Irish immigration system, this episode is a treasure trove of tips for expats contemplating a move to Ireland from America. Join us as Marcus offers invaluable advice for handling finances and real estate to embracing the local culture, all while reinforcing the importance of patience and local guidance in adapting to a new country. Main Topics discussed in this episode: If this episode resonated with you, we'd love to hear your thoughts! 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/.

This week we delve into the fascinating journey of Jenny Stein, an expat who has experienced the richness of life across many continents. From her initial move from the United States to Milan for industrial design to eventually settling in Ireland with her Oscar-winning husband, Jenny's story is a tapestry of cultural experiences and professional endeavors. In this episode, she shares her unique insights into adapting to life in Ireland, the challenges and rewards of integrating into Irish culture, and the practicalities of settling across three countries with a disparity of funds and governments. While the complications of managing finances, relationships and jobs across many countries can be a burden, Jenny offers sound advice for those considering the journey. Join Stephanie this week to find out Jenny's experience with learning the Irish language and becoming part of the local community in Roundwood while Jenny eloquently narrates her life's journey and the serendipitous events that led her to call Ireland her home. Main Topics discussed in this episode: If this episode resonated with you, we'd love to hear your thoughts! 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/.

In this episode we speak with Jessica Beall of Beall Tax Consulting about the US state tax system. Jessica and I talk about how the state tax system works and she shares the common issues taxpayers can encounter with US state taxes, particularly when departing the US. We cover the Irish/US Double Tax Agreement and its application for state taxes, as well as an overview as to how the state tax system works. This episode is geared to for anyone dealing with US state taxes and the US-Ireland Double Tax Agreement. So if you are a US citizen, have recently left the US or have assets/income that remain taxable in the US state tax system this episode is well worth a listen.

In this episode of Taxbytes for Expats, we are thrilled to have a special guest, Jose Barros, a Lisbon-based tax lawyer who has particular expertise in Portugal's Non-Habitual Residency (NHR) tax scheme. With years of experience in international tax planning, Jose will share his insights on why Portugal has become such an attractive destination for expatriates and investors. Join us as we dive into the intricacies of the NHR regime, its tax advantages, eligibility criteria, and even a glimpse into crypto taxation in Portugal. In this episode, Jose will provide an overview of why Portugal has emerged as a preferred destination for those seeking a change in residency. From its stunning landscapes to a vibrant cultural scene, Portugal offers more than just tax benefits. Jose will share his perspective on what makes Portugal an enticing choice for expatriates. The Non-Habitual Residency Regime What exactly is the Non-Habitual Residency regime, and what does it mean for those considering a move to Portugal? Jose will break down the key aspects of this unique tax scheme, shedding light on how it can be a game-changer for your financial planning. Tax Advantages of the Scheme One of the main draws of the NHR scheme is its tax advantages. Jose will discuss the significant tax benefits that come with being an NHR in Portugal, including exemptions and reduced rates. Qualifying for the NHR Scheme Understanding the eligibility criteria is crucial for those interested in the NHR scheme. Jose will provide valuable insights into who can qualify, what you need to do to meet the requirements, and how to start the application process. Crypto Taxation in Portugal For those involved in cryptocurrency, Portugal's approach to crypto taxation is of particular interest. Jose will touch on how Portugal views cryptocurrencies for tax purposes, offering clarity to crypto enthusiasts and investors. To learn more about Portugal's Non-Habitual Residency tax scheme, Jose Barros can be reached at jose.barros@martinezechevarria.com. Join us in this episode as we explore the opportunities that Portugal's NHR scheme presents.

In this episode we speak with Property Specialist Lisa O'Reilly of LOR Property Solutions about the pitfalls and opportunities for landlords in the Irish market. This episode is for you if you are considering renting property in Ireland and unsure of the issues/opportunities in this space. Segment 1: Rent Caps Irish rental market overview. Explanation of rent caps and how they affect landlords. Understanding the Residential Tenancies Act. Tips for staying compliant with rent caps. Segment 2: Finding the right property factors to consider when choosing an investment property. Location, location, location: Exploring ideal areas for investment. Types of properties popular with renters. Working with local real estate agents. Segment 3: Tenant's Rights An overview of tenants' rights and protections in Ireland. The importance of a well-drafted lease agreement. Handling tenant complaints and issues professionally. Eviction laws and the eviction process in Ireland. Segment 4: Registrations The legal obligations of landlords in Ireland. Registering with the Residential Tenancies Board (RTB). Maintaining records and documentation. Penalties for non-compliance. Segment 5: Tax Tips and Rules Understanding Irish taxation for landlords. Deductible expenses and tax benefits. Capital gains tax implications. Professional advice and tax planning. Segment 6: How Lisa's company - LOR Property Solutions Can Assist - The Model They Offer The benefits of joining a landlord association. LOR's resources, support, and educational opportunities. How LOR can help you navigate the Irish rental market. Segment 7: Rates of Return Calculating your return on investment (ROI). Factors affecting rental income and ROI. Long-term vs. short-term rentals. Maximizing profits while providing quality housing. It's no secret that the Irish rental market can be both rewarding and challenging, but with the right knowledge and support, you can make the most of your investment. If you have any questions or would like to learn more about specific topics covered in this episode, feel free to reach out to us or contact Lisa directly via her website https://lorpropertysolutions.ie/

In this episode of the podcast we explore the intricacies of foreign currency conversions and the challenges faced by expats. In this episode, we sat down with Alex Willson, from Currencies Direct, to shed light on the crucial considerations for expats moving to and from Ireland. Alex brings years of experience in the field of currency exchange and a wealth of knowledge on the unique financial landscape expats encounter when relocating. Together, we delve into the complexities surrounding foreign currency conversions, exploring the specific issues that expats should keep in mind when managing their finances during the transition to or from Ireland. Throughout the episode, we address key topics such as exchange rates, transfer fees, and the impact of currency fluctuations on expats' savings and investments. Alex offers valuable insights and practical tips on how to navigate these challenges effectively, ensuring that expats can make informed decisions about their financial future. Whether you're a seasoned expat or contemplating a move to Ireland, this episode is a must-listen. Alex Willson's expertise will help demystify the often-confusing world of foreign currency conversions and empower you to make smarter financial choices during your transition. If you need assistance with currency please reach out to Alex at alex.w@currenciesdirect.com and also check out their website

Are you an expat dreaming of settling down in the beautiful country of Ireland? Look no further! In our latest podcast episode of "Taxbytes for Expats," join us as we speak with Paul Quinlan, a Waterford based Irish Mortgage Adviser, to uncover the insider tips and tricks on how expats can secure a mortgage in Ireland. Moving to a new country can be a daunting experience, especially when it comes to navigating the complex world of mortgages. In this interview, Paul Quinlan will share his extensive knowledge and expertise, guiding expats through the process of obtaining a mortgage in Ireland smoothly and efficiently. Additionally, our conversation will delve into the potential challenges that expats may face during the mortgage application process. Paul will shed light on common pitfalls and offer practical solutions to overcome them. Whether it's dealing with documentation, understanding legal requirements, or avoiding unexpected fees, this episode will equip expats with the knowledge they need to make informed decisions and avoid costly mistakes. As a seasoned mortgage adviser, Paul Quinlan has helped countless expats achieve their dreams of homeownership in Ireland. If you need assistance with mortgage advise please reach out to Paul on coffeyaccounts@hotmail.com

In this episode of the podcast, we speak with Brad Murphy, a tax lawyer based in Melbourne, about the complexities of Australian tax residency and the important tax rules that come into play when selling Australian property. Brad takes us through how the Australian tax system works in relation to property sales, highlighting important hints, tips and pitfalls to be aware of when making the move. We also touch on the Irish tax issues to be aware of in this respect. This episode is a must-listen if you're an Australian planning to move to Ireland, own and rent Australian property while living overseas, are unsure of your tax residency status, or planning to sell an Australian residential property. Tune in for valuable insights from a seasoned tax professional. As always book a consult with us at expattaxes.ie if you need assistance with your Irish tax queries. And for your Australian queries please contact Brad and his team at bradley@murphytax.com.au

In this episode we speak to Neal and Virginia who retired to Ireland from the US. They share their experience of relocating to Ireland, navigating the system, buying a house and settling in here. They also told us about the things they love about their new life in Ireland and the things they miss from the US. This is a great episode for anyone planning a move to Ireland who wants to hear the story of someone who has gone before them. As always drop us a note to info@expattaxes.ie - we would be delighted to assist with the tax issues relating to your move here.

Introduction. Welcome to the podcast where we help you understand the complex world of taxes. In this episode, we will be discussing tax credits for Irish taxpayers. Tax credits are a valuable tool that can help reduce your tax bill, and we want to make sure you know everything you need to know to take full advantage of them. What are Tax Credits? In this segment, we will start by defining what tax credits are and how they are applied in the Irish tax system. We will also explain why tax credits are important for Irish taxpayers, how they can reduce your tax bill, and the different types of tax credits that are available. Personal Tax Credits. In this segment, we will dive into personal tax credits, which are the most common type of tax credit for Irish taxpayers. We will discuss the different types of personal tax credits available, how to claim them, and how they can reduce your tax bill. Other Tax Credits. In this segment, we will discuss other tax credits that Irish taxpayers may be eligible for, such as the Home Carer Tax Credit, medical expenses and e-working expenses. We will explain who is eligible for these tax credits, how to claim them, and how they can reduce your tax bill. Conclusion. In this episode, we have discussed tax credits for Irish taxpayers. We hope that you now have a better understanding of what tax credits are, how they work, and how to claim them. By taking advantage of tax credits, you can reduce your tax bill and keep more money in your pocket. Thanks for tuning in, and we'll see you next time on the podcast where we help you understand taxes. Drop us a line to info@expattaxes.ie with any queries on topics discussed in this episode.

Introduction. Welcome to this episode on understanding Irish tax domicile. In this episode, we will explore the various aspects of Irish tax domicile, including the definition, the tax implications, and how to determine your Irish tax residency status. What is Irish Tax Domicile? In this segment, we will discuss the definition of Irish tax domicile. We will explain how it is different from tax residency and what factors determine your domicile status. We will also talk about the importance of knowing your domicile status, particularly for tax purposes. Tax Implications of Irish Tax Domicile. In this segment, we will discuss the tax implications of Irish tax domicile. We will explain how being domiciled in Ireland affects your liability for Irish taxes and the types of taxes that you may be required to pay. We will also talk about tax planning strategies for individuals who are domiciled in Ireland. Conclusion. In this final segment, we will summarize the key points of the episode and provide some additional resources for listeners who want to learn more about Irish tax domicile. We will also invite feedback and suggestions for future podcast topics.