Paye Tax Credit Ireland
August 11th, 2010Question: How can I tell what tax credits I’m entitled to claim back??? where should it state it on my PAYE-statement??
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: 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/tax_rebates.htm
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.uk/HomeNew.aspx
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