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Tax assessment

  • 15-12-2008 2:14pm
    #1
    Eurorunner
    Closed Accounts Posts: 2,393 ✭✭✭


    Just got a tax assessment for 2007. I did register a business but never ended up trading (as in absolutely no trade). However, revenue reckon I still owe them a few euro.

    Its a miniscule sum but I don't understand how they came up with this. The only thing that went down on the return was my PAYE income and declaration of earnings under 'rent-a-room' scheme (for which I was under the threshold).

    This can only mean that there was a slight error in the calculation of tax on my PAYE income then??


Comments

  • #2
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    Eurorunner wrote: »
    This can only mean that there was a slight error in the calculation of tax on my PAYE income then??

    Probably down to differences in your PAYE credits and what you submitted in the accounts - this would be fairly common.

    What does surprise me is that the Revenue are expecting payment. Normally they say they will not be pursuing it if it's less than say €50. Sign of the times! :(


  • #3
    Baby4
    Closed Accounts Posts: 1,407 ✭✭✭Baby4


    This post has been deleted.


  • #4
    Eurorunner
    Closed Accounts Posts: 2,393 ✭✭✭Eurorunner


    Baby4 wrote: »
    This post has been deleted.
    Thanks Baby4 - going to do that now.
    smcgiff wrote:
    What does surprise me is that the Revenue are expecting payment. Normally they say they will not be pursuing it if it's less than say €50. Sign of the times!
    It was for 41.91 - they rounded it down to 41.00 :D


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