Income tax

Hi, I moved from northern Ireland to Ireland to work for one year. I worked in Ireland, paid tax on my personal income and contributed to pension in Ireland. I have moved back to northern Ireland after finishing my one year work in Ireland. I am planing to move my savings over the last one year to my bank account in UK from my bank account in Ireland. Do I need to pay tax again on this giving that I have already paid tax in Ireland on my income? Thanks

These savings are from my employment income only while working in Ireland. Thanks

Hi,

There would be no Income Tax implications on this unless you have previously claimed the remittance basis on this income that you are now bringing into the UK.

If the money generates any interest in a bank however, this would be reportable for tax purposes.

Thank you.