Sunday 5th February 2012

PAYE Taxpayers missing out on Tax Credits – Survey

The Irish Taxation Institute (ITI) in conjunction with Red C have released a survey of PAYE taxpayers in Ireland, with the following main points:

  • 40% of Irish taxpayers are not claiming basic reliefs due to them
  • 19% of Irish taxpayers are now using a Tax Service to handle their tax affairs
  • 1/3 of respondants let their employer handle their taxes for them.
  • 1/2 are not sure if they are getting their full entitlements

Most worrying for taxpayers, employers do not actively manage their employees tax affairs – they only apply what you have told Revenue about your taxes.  So in this case you could be missing out on basic reliefs available to you.

The ITI also call for the establishment of a Taxpayer Advocate to  ensure that the rights of individual taxpayers are protected.

Remember to get your taxes checked with Red Oak Tax Refunds, if we do not find a refund, there is no charge for the service.  Can you afford not to get this checked out?  contact us now through our application for, or download the application form below

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Posted in Income Tax, Medical Expenses, Paye Tax, Red Oak Tax Refunds News, Rent Relief, Tax Refunds Tagged , , , , , , , Leave a comment

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