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Your personal financial questions – Does it make sense from a tax perspective for my wife to give up gainful employment?

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Q My wife and I had our second child last September and she still has two months of maternity leave. She is reluctant to go back to work and we are working out our finances to see if we can manage financially if she decides not to. We both have a good income, are in the higher tax bracket and are assessed together. Would we be better off or worse off from a tax perspective if she quit her job?

https://www.independent.ie/business/personal-finance/your-personal-finance-questions-does-it-make-sense-from-a-tax-point-of-view-for-my-wife-to-give-up-work-41788048.html Your personal financial questions – Does it make sense from a tax perspective for my wife to give up gainful employment?

Fry Electronics Team

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