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02 Jun, 2022

How To Split Tax Credits

Splitting credits to get the full benefit of your tax credits and rate bands during the year.

By splitting tax credits and rate bands between jobs you can:

  • leave all your tax credits, tax rate band and Universal Social Charge (USC) rate band with your main job

  • divide your tax credits, tax rate band and USC rate band between your jobs in any way you want

or

  • transfer any unused tax credits, tax rate band and USC rate band to your other jobs.

Splitting your tax credits and rate bands between jobs will not change the total amount of tax you have to pay. It can ensure that you:

  • pay an even amount of tax in each job

and

  • get the full benefit of your tax credits and rate bands during the year.

Firstly, log in to your Revenue myAccount

There is a facility, 'Manage Your Tax 2022', in the PAYE Services section of myAccount that will allow you to split your credits.

In 'Manage Your Tax 2022', you will see how your tax credits and rate band are currently allocated.

To change this:

  • Click ‘Edit’ where the employments are listed

  • Enter your estimated gross salary from these employments

  • Your credits and rate band will be split based on these figures

  • Select ‘Proceed with recommendation’ if you are happy with this allocation

  • 'Proceed with a different request' if you would like to make additional changes