Red Oak Tax Refunds Blog

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Are you paying the Income Levy when you should be Exempt?

Posted on | July 2, 2009 | No Comments

The Income Levy was introduced for 2009 and within 4 months was doubled for most people in the April 2009 Budget.  But should you be paying Income levy?

It’s worth checking if you are exempt from the income levy.  You are exempt from the income levy if:

  • Your income for a year does not exceed €15,028 p.a.
  • You are aged 65 or over and your annual income does not exceed €20,000 p.a.
  • You are a Full medical card holder
  • Social Welfare payments are also excluded from the income levy

If any of these situations apply to you, contact your employer/payroll to get this corrected going forward and any amounts due rebated.

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Category: Employment Expenses, Income Levy, Paye Tax, Tax Refunds
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Welcome to the Red Oak Tax Refund Blog, where we will discuss money matters, tax and in particular tax refunds relating to PAYE employment in Ireland. If you have any topics you would like discussed, send us a mail to refunds@redoaktaxrefunds.ie and happy reading!.

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