How can I tell what tax credits I'm entitled to claim back??? where should it state it on my PAYE-statement??

Question

Ireland: Hi, I was recently told by a friend that she claimed a small amount of tax back simply by phoning them and asking what she was due back. I rang them and asked them myself and they've sent me out PAYE statements for the last 4 years. How can I tell by these statements what tax credits I can claim back?? Im not very good with the whole tax scene. thank you :)

Answer 1

PAYE and Tax Credits are not the same thing and are not linked.

PAYE is your tax paid on earnings and is deducted from your wages. If you are due a tax rebabte you call your local income tax centre. Mored details at:

http://www.adviceguide.org.uk/index/life...

Tax credits is a benefit for people over 25 on a low wage or people who have children and an income less than 58K per year. To get tax credits you must make a claim for it. You can work out if you are entitled to Tax Credits and make a claim on line at :

http://www.taxcredits.inlandrevenue.gov....

Answer 2

As above you are talking about a claiming back overpaid tax. This is NOT the same a tax credits.

Are you sure you are due anything back? It is most likely if you have only worked part of a tax year at some stage or changed job during a tax year.

It is complex to review 4 years worth of P60s as rates etc change every year. It may be easiest to discuss this with your payroll department.

I've claimed back overpaid tax before - it didn't state that I was due this anywhere. You need to work it out yourself and send them a letter requesting it.