Sunday 5th February 2012

Category Archives: Paye Tax

Budget 2011 – Tax Cuts and Levy increases

So you have checked on the Budget Calculator how you are affected by Budget 2011 – see below how some other people are affected by the changes. Single person Earning €30,0000 – Better Off! Jenny earns €30,000 a year and … Continue reading

Posted in Budget 2012, Health Levy, Home Carers, Income Levy, Paye Tax, PRSI, Rent Relief, Tax Refunds Tagged , 3 Comments

2006 Tax Refunds

Last Chance to Claim 2006 Tax Back If you were working in 2006 and think you may be due a tax refund, the deadline for claims to be completed is in December.  Officially its the 31st December, but last year … Continue reading

Posted in Paye Tax, Tax Refunds 1 Comment

Universal Social Charge

The ESRI published it’s latest pre budget briefings and in it outlined a proposed Universal Social Charge.  They are proposing that this be introduced in the next Budget as a Revenue Neutral Item. Why a Univeral Social Charge? If it’s … Continue reading

Posted in Budget 2012, Health Levy, Income Levy, Income Tax, Paye Tax, PRSI 6 Comments

Your Employment contributions – how do they compare?

We talked previously about government representatives talking about how only 50% of workers pay income tax – and why this is not a good measure of the contribution low paid workers make to the government coffers as an effect of their employment.  … Continue reading

Posted in Budget 2012, Income Tax, Paye Tax Leave a comment

Credit Union Loans for Home improvement

Tax Relief on Home Improvement Loans Did you know you can claim tax relief on the interest paid on a loan used by you to purchase, improve, repair or develop your main residence or to pay off another loan used … Continue reading

Posted in Paye Tax, Tax Refunds, Wednesday Club Tagged , , , 1 Comment

Lies, Damn Lies – and politicians quoting EuroStat

“50% of Workers not paying any Income Tax” This little snippit of fact has been one of the most frequently  quoted up and down the country by Politicians in this last month.  We hear it quoted as from the Commission for Taxation … Continue reading

Posted in Budget 2012, Health Levy, Income Levy, Income Tax, Paye Tax, PRSI Tagged , , 7 Comments

Married – How to be assessed?

Just Married?  Congrats!  This week in the Wednesday club we spoke about how you may have potential wedding pressies from the taxman! If your taxes are not updated you could be missing out on vital tax credits that could make a big … Continue reading

Posted in Paye Tax, Tax Refunds, Wednesday Club Leave a comment

Claiming for Tuition Fees

Wednesday Club Blog – Claiming Tuition Fees When’s a Tuition Fee a Registration fee? Of the many questions we are asked regarding tuition fees, the most common relate to the difference between Registration fees and Tuition Fees. From a tax … Continue reading

Posted in Paye Tax, Tax Refunds, Wednesday Club Tagged , , , 1 Comment

Mortgage Interest Relief – Wednesday Club

Wednesday Club Blog – Mortgage Interest Relief If you are one of the many people who took the plunge and bought your home since 2002, during the infamous Celtic Tiger, you would have been entitled to claim Mortgage Interest Relief … Continue reading

Posted in Mortgage Interest Relief, Paye Tax, Tax Refunds, Wednesday Club 2 Comments

Why you might be due Home Carers Tax Credit

Home Carers Tax Credit iinitially started as a House Wife’s tax credit, for the stay at home mum minding the children. But we more and more find that a Married couple will be due this for a partner who has been made redundant and is not working – and this can be either the Mother or Father of the house. Continue reading

Posted in Home Carers, Paye Tax, Redundancy, Tax Refunds, Wednesday Club Leave a comment

Single parents reviewed by Revenue

Are you a Single Parent? Not the most complicated question I hear you say - most of us instinctively know the answer to this question and feel it true for our own situation.  But the Revenue Commissioners take a more definite … Continue reading

Posted in Paye Tax, Single Parents, Tax Refunds Tagged , , , , , 1 Comment

Wednesday Club On Rent Tax Credit

   In the Wednesday club this week we were talking about RENT TAX CREDIT.  Who can and cannot claim, how much we can claim (the rates of relief), what information do we need to claim this tax credit and what … Continue reading

Posted in Paye Tax, Rent Relief, Tax Refunds, Wednesday Club Tagged , , , , , Leave a comment

Wednesday Club on Medical Insurance

Here is one tax credit that not may people are aware of – Medical Insurance Tax Relief. Some 2.3 million people in Ireland are current subscripting to Private Health Insurance. Most subscribers are either paying their health insurance premiums directly … Continue reading

Posted in Medical Expenses, Medical Insurance, Paye Tax, Tax Refunds, Wednesday Club Tagged , , , 3 Comments

Employment Expenses & Trade Unions

Why have we paired Employment Expenses and Trade Unions together in the first Wednesday Club?  Well Jobs that get employment expenses tend to be Unionised.  Jobs that get great employment expenses tend to be highly, highly Unionised. So you get occupations like … Continue reading

Posted in Paye Tax, Tax Refunds, Wednesday Club Tagged , , , , , , Leave a comment

income levy refunds

Are you due an income levy refund? Here are 8 top reasons people may be able to claim back overpaid income levy amounts in 2009. Get your Income Levy tax back now with Red Oak Tax Refunds. Continue reading

Posted in Income Levy, Income Tax, Paye Tax, Redundancy, Tax Refunds 4 Comments

Claiming Tax Back – What’s New

If you are looking to claim a tax back for 2009, the picture has changed somewhat from previous years.  Some of the changes will mean you are due less of a tax refund, other changes have increased the amount of … Continue reading

Posted in Bin & Service Charges, Employment Expenses, Health Levy, Home Carers, Income Levy, Income Tax, Medical Expenses, Medical Insurance, Paye Tax, PRSI, Rent Relief, Tax Refunds Tagged , , , , , 5 Comments

Health Levy & Reducing it’s impact on your Salary

A few weeks ago we spoke about how fundamentals errors in the implementation of the Health Levy could result in a €1,000 gross pay rise could result in less money in your pocket after tax.  We hope the government clears … Continue reading

Posted in Budget 2012, Health Levy, Income Tax Tagged , 4 Comments

GP Locums subject to PAYE Tax

Courtesty of the Irish Medical Times, here is some important information for GP’s who hire locums for out of hours cover and indeed for the locums themselves: http://www.imt.ie/news/2009/11/locums_must_have_paye_deducted.html This will have a large impact on both the doctors and the … Continue reading

Posted in Health Levy, Income Levy, Medical Expenses, Paye Tax, PRSI 1 Comment

How a pay rise can leave you worse off

You can be up to €1,040 worse off for increase in salary in Health Levy fiasco. Tax system means a €1,000 pay rise can leave you €290 worse off depending on how much you earn. Lets see this in action … Continue reading

Posted in Health Levy, Income Levy, Income Tax, Paye Tax, PRSI Tagged , , , , , 4 Comments

Thanks for the thanks!

We don’t normally publish feedback we get from our customers, but we were especially delighted with the following from Michelle and couldn’t resist! “Thanks a million for all your help over the past few weeks. Unfortunately I don’t have access … Continue reading

Posted in Paye Tax, Tax Refunds Tagged Leave a comment