Sunday 5th February 2012

Category Archives: Tax Refunds

Budget 2012 – What’s rumoured

Latest Budget 2012 News Early Days yet, but already a strong message coming out as to what changes we will see in Tax and charges in 2012 from the Budget in December. Already in the Pipeline – Cuts in Budget … Continue reading

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Public Sector payslip 2011

Example impact of changes from Decembers Budget for a Teacher If you are working in the public sector, and particularly as a teacher, you will find the following video useful.  It illustrates the impact on a Teachers payslip of the … Continue reading

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Trends in Tax Refunds in 2011

Who’s Claiming Tax Refunds in 2011? With all the changes in the Tax System in the last few years, you can easily lose track of what you can claim with in excess of 200 Tax Credits and Income Deductions available … Continue reading

Posted in Health Levy, Home Carers, Income Levy, Income Tax, Paye Tax, PRSI, Redundancy, Tax Refunds Tagged , , , , , 10 Comments

2011 Bin tax refunds

Service Charges Tax Credit. Way back in the Budget in December 2009, it was announced that the services charges tax credit would be abolished in 2011. But there was no mention of Service Charges in the 4 year plan, which … Continue reading

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Rent Relief – 2011 tax credit reduction

2011 Rent Relief Currently renting If you are currently receiving rent relief, Budget 2011 announced changes in the maximum amount of rent paid that you can get relief upon  as follows: So, for a single person under 55 in 2010, … Continue reading

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10 things you should know about your 2010 P60

Welcome to 2011!  If you were working at the end of the year, you will receive a P60 from your employer soon. 2010 P60 Probably the most important and most talked about bit of post you will receive this time … Continue reading

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

P60 Example 2010

Aaaaahhhh!  It’s my P60!  So many numbers, so much information, I don’t understand it, I think I’ll file it away for now. If you were working at the end of the year, you should be getting a copy of P60 in the … Continue reading

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2010 Tax Refunds

Start your Tax Refund Claim Now!   Best wishes to all of you in this New Year.  Revenue have now updated their systems and we can now start your full Tax Refund review for 2010. Just a few helpful hints … Continue reading

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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

Redundancy and your Income Levy

This will be of interest to any of you out there who paid tax on a redundancy payment received in the last few years. One of the main refunds due that is not claimed for people who pay tax on … Continue reading

Posted in Redundancy, Tax Refunds 2 Comments

mortgage interest relief for spouse

Claim extra tax relief at source benefits. So you bought a house, took out a mortgage, met a girl/boy and get married. Congrats! not only can you now receive the benefit of being taxed as a married couple, but you … Continue reading

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New Computer System identifies UK Tax Errors for 6 million People

A New computer system introduces in the UK to handle PAYE (salaried employees) tax has uncovered that the wrong tax was being charged for nearly 6 million people.  In total, some £2bn was underpaid and £1.8bn overpaid.  For those due refunds, … Continue reading

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Married & Tax Assessment basis choice

Are you Married? It’s well worth knowing what Tax Assessment Basis is – and how this could affect your tax bill / tax refund In the year you are married, you continue to be taxed as a single person – … Continue reading

Posted in Home Carers, Tax Refunds Tagged , , , , 18 Comments

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

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Medical Expenses Abroad & Tax Relief

Have you been abroad for medical Treatment? Many foreign nationals working in Ireland travel back to their home EU country for any required medical treatments. And of course, medical tourism abroad for Irish people is a huge business judging by the number … Continue reading

Posted in Medical Expenses, Tax Refunds, Wednesday Club 2 Comments

Looking into Medical Expenses

We all know that an apple a day keeps the doctor away but sometimes we all need some medical treatment regardless. Most people are aware that people who pay tax are entitled to offset a certain amount against doctor bills, … Continue reading

Posted in Medical Expenses, Tax Refunds, Wednesday Club 1 Comment