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paye underpayment

veebee · 2008-11-07 22:44:37

Hi.Hope someone might be able to advise me.I have been getting incorrect tax credits for the last five years which I didn't realise.Revenue want me to pay this back within four years ,the amount is in excess of 10,000 euro .My query is this, can they insist on clawing this back from my salary or is there any room for…

07-11-2008 11:44pm

#1

veebee

Closed Accounts Posts: 1 ✭

Join Date: November 2008

Posts: 0

Hi.Hope someone might be able to advise me.I have been getting incorrect tax credits for the last five years which I didn't realise.Revenue want me to pay this back within four years ,the amount is in excess of 10,000 euro .My query is this, can they insist on clawing this back from my salary or is there any room for negotiation.I have already written to them but they seem unyielding.Thanks.

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Comments

#2 09-11-2008 8:34am

Mr Clonfadda

Registered Users, Registered Users 2 Posts: 372 ✭✭

Join Date: October 2008

Posts: 367

If you owe the money you must pay it. If you weren't a paye earner you wouldn't get four years to pay it back over, you'd have to pay it now with interest and penalties and if that bought the figure over 12,700 euro you would also be published in the papers as a tax defaulter. I would be ringing up thanking them for being so generous over and over again.

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