Today the tax day - revenue.

Busi_Girl08

Underpayment of €1349.84, about what I expected for 2 months, but still stings that I'm ultimately losing money because my boss chose to go on the scheme only to change his mind a few weeks later because things improved.

To be paid with a reduction of my tax credits by €337.46 every year from 2022 to 2025. Is this going to be monthly from every pay slip (so approx €28 per month deduction) or will it be on every tax return at the start of the year?

Foweva Awone

Dempo1 wrote: »

Appreciate that, seperate question if I may, not sure if you've an answer. For those on full medical card, prescription charges covered, however there's government levies. Whilst not high, in my own case it adds up to €10 per month, I've never bothered querying if this classified as a medical expense or not. Over 4 years it's added up. Thanks in advance, anyone who can advise.

Interesting, I pay about €16 a month on mine, plus another €16ish for Thiamine supplements (which are on my prescription but not covered by medical card as they are not a prescription medicine.) Never even thought of claiming.

So I can claim for the government levies, but probably not for the Thiamine? Does anyone know?

emergingstar

Where do you fill in if you want to pay a limp sum or pay it back over the 4 years?

Dempo1

emergingstar wrote: »

Where do you fill in if you want to pay a limp sum or pay it back over the 4 years?

I think after you complete returns and after confirmed, that option becomes available, there is a payment section on the portal, I've not gone there yet as have just completed returns and recieved email confirming and they'll come back etc etc.

paulb06

If you're due a refund for example unused tax credits I'm assuming the underpaynent for twss/pup won't automatically come off this overpayment given it doesn't have to be paid back until 2022 onwards?

Synode

paulb06 wrote: »

If you're due a refund for example unused tax credits I'm assuming the underpaynent for twss/pup won't automatically come off this overpayment given it doesn't have to be paid back until 2022 onwards?

They'll all be lumped together. So you either have a refund due or an underpayment.

Leroy42

Busi_Girl08 wrote: »

Underpayment of €1349.84, about what I expected for 2 months, but still stings that I'm ultimately losing money because my boss chose to go on the scheme only to change his mind a few weeks later because things improved.

To be paid with a reduction of my tax credits by €337.46 every year from 2022 to 2025. Is this going to be monthly from every pay slip (so approx €28 per month deduction) or will it be on every tax return at the start of the year?

Your company should absolutely pay this.

Your employment contract, I am assuming, states your salary in gross terms. Nothing about tax home pay, as this is outside the company responsibility.

Add up your wage slips for 2020. Did the company pay you the agreed wages? If not, then they need to have obtained your agreement to accept what is essentially a pay reduction. It is perfectly acceptable to reduce a person's wages, but it must be by agreement (one can argue about the ability of an employee to not agree but that is a different argument).

Busi_Girl08

Leroy42 wrote: »

Your company should absolutely pay this.

Your employment contract, I am assuming, states your salary in gross terms. Nothing about tax home pay, as this is outside the company responsibility.

Add up your wage slips for 2020. Did the company pay you the agreed wages? If not, then they need to have obtained your agreement to accept what is essentially a pay reduction. It is perfectly acceptable to reduce a person's wages, but it must be by agreement (one can argue about the ability of an employee to not agree but that is a different argument).

My salary actually increased slightly (by about €300) on the two months I was on the WSS, any other month there was no reduction in my salary so I'm satisfied I was paid what I was due throughout the year. Boss kept reminding us not to spend the money because revenue would be looking for it back.

Edit: I should also clarify that our boss did give us notice that we were going on the WSS explaining the rational, so it was all very transparent.

I'll have a chat with the boss later today but I'm not going to hold my breath because he'll probably say it was expected.

Just to clarify again, will I be facing a €28 monthly deduction, or an annual €337 charge?

antimatterx

wpd wrote: »

so i was lucky to work right through the lock downs however
my employer used TWSS to pay me for 12 weeks
I still came out with same net as on a salary so no extra benefit to me

my employer got on average 25k for 12 weeks

now i am getting a tax bill even though i earned nothing extra during year
so i am worse off while my supplier has had its profits increased

this seems very unfair to me and i will be contacting my local fianna fail td about it to explain
to me how this is equitable
Before i do am i wrong in my understanding in any of the above??

Don't forget the important envelope when you go.

SAMTALK

Leroy42 wrote: »

Your company should absolutely pay this.

Your employment contract, I am assuming, states your salary in gross terms. Nothing about tax home pay, as this is outside the company responsibility.

Add up your wage slips for 2020. Did the company pay you the agreed wages? If not, then they need to have obtained your agreement to accept what is essentially a pay reduction. It is perfectly acceptable to reduce a person's wages, but it must be by agreement (one can argue about the ability of an employee to not agree but that is a different argument).

This is what we did. Our company put us on scheme without any notice and we told them our agreement was on gross pay not nett pay. We stuck to our guns and they agreed to pay what tax was owed .

Ronney

Just checked mine there and was expecting a bill but the amount doesn't seam to add up.



On the PUP for 6 weeks from March/April received €1750

Received €490 for 2 weeks parental leave in Feb (Employer paid me also less the €490

Total received - €2240

Revenue looking for €1492.58 (66%)

on the other side I'm due a refund of €9.15 on USC...?



Any Ideas anyone?

Busi_Girl08

Busi_Girl08 wrote: »

My salary actually increased slightly (by about €300) on the two months I was on the WSS, any other month there was no reduction in my salary so I'm satisfied I was paid what I was due throughout the year. Boss kept reminding us not to spend the money because revenue would be looking for it back.

Edit: I should also clarify that our boss did give us notice that we were going on the WSS explaining the rational, so it was all very transparent.

I'll have a chat with the boss later today but I'm not going to hold my breath because he'll probably say it was expected.

Just to clarify again, will I be facing a €28 monthly deduction, or an annual €337 charge?

Follow-up to this, I'm in the middle of applying for the HTB scheme as a group. Waiting for Revenue to answer but I presume the above will have to be paid off in full before we can proceed.

So much for €28 per month.

Away With The Fairies

Processing request all weekend long. Website was slow on Friday. SOL is available but just won't let me view it.

raclle

€200 underpayment

Was expecting much worse

Leroy42

Busi_Girl08 wrote: »

Underpayment of €1349.84, about what I expected for 2 months, but still stings that I'm ultimately losing money because my boss chose to go on the scheme only to change his mind a few weeks later because things improved.

To be paid with a reduction of my tax credits by €337.46 every year from 2022 to 2025. Is this going to be monthly from every pay slip (so approx €28 per month deduction) or will it be on every tax return at the start of the year?

Busi_Girl08 wrote: »

My salary actually increased slightly (by about €300) on the two months I was on the WSS, any other month there was no reduction in my salary so I'm satisfied I was paid what I was due throughout the year. Boss kept reminding us not to spend the money because revenue would be looking for it back.

Edit: I should also clarify that our boss did give us notice that we were going on the WSS explaining the rational, so it was all very transparent.

I'll have a chat with the boss later today but I'm not going to hold my breath because he'll probably say it was expected.

Just to clarify again, will I be facing a €28 monthly deduction, or an annual €337 charge?

This doesn't make sense to me. You got a pay rise (Gross) for two month of 300, did you end up with the same tax home pay in those two months?

If I am following you, you would have ended up with a higher net for the months that you were in the scheme, which is what is giving rise to your tax liability as this increased net pay was due to the lack of tax reduction on you gross for those month. Is that right?

If that is the case, then you ended up with more money in your pocket, and as your boss rightly pointed out it was only temporary. You can now choose to pay it off in one go, or split over four years of reduced tax credits.

Dempo1

Jesus wept, I'm totally new to this SOL stuff and navigating the portal, a throve of info.

I decided to look back arlt archived documents and was shocked to see an SOL for 2007 (up until the weekend, I'd no idea what an SOL was

To my disbelief, I saw I had a refund of over €1200 which I never received, indeed the address on it was previous address (work) as the business I was in involved back and forth to the states and own house rented out.

I'd actually left the job and address in question after this SOL and presumably refund was issued. I've raised a query with revenue, I honestly don't recall ever getting that refund. I won't hold my breath but just amazed to find this. Not sure if there's a statute of limitations on revenue refunds

donfers

Ouch, hit with an underpayment of 2500 there, thought it would be a few hundred, was on TWSS for about 6 weeks and then furloughed for a further 6 weeks (on PUP) before back to full paid work.

raclle

Buddy Bubs wrote: »

I'm just going to pay it back through reduced tax credits, 4 euro a week for 200 weeks.

How does this work? Is it done automatically or something I have to set up?

Busi_Girl08

Leroy42 wrote: »

This doesn't make sense to me. You got a pay rise (Gross) for two month of 300, did you end up with the same tax home pay in those two months?

If I am following you, you would have ended up with a higher net for the months that you were in the scheme, which is what is giving rise to your tax liability as this increased net pay was due to the lack of tax reduction on you gross for those month. Is that right?

If that is the case, then you ended up with more money in your pocket, and as your boss rightly pointed out it was only temporary. You can now choose to pay it off in one go, or split over four years of reduced tax credits.

The increased income was net in those 2 months, I got an extra €680 or so over those 2 months which is pretty much half of the final bill.

And yes the above was what I was thinking, and I had been factoring in that expense as advised by my employer the whole time, so yeah, pretty much all as I expected

jammiedodgers

raclle wrote: »

How does this work? Is it done automatically or something I have to set up?

It will be automatic, tax credits will be adjusted in 2022

smurf492

Any idea how long it takes for refund to be processed on overpayment?

Foweva Awone

smurf492 wrote: »

Any idea how long it takes for refund to be processed on overpayment?

I don't know but I'm in danger of giving myself Repetitive Strain Injury from logging into my bank account to check. :rolleyes: I've heard five days max.

smurf492

Foweva Awone wrote:

I don't know but I'm in danger of giving myself Repetitive Strain Injury from logging into my bank account to check. I've heard five days max.

jrosen

Its telling me I cant get my statement of liability as myself or my spouse was registered for income tax during the year? Should I call them?

Cash_Q

Over the weekend it said I had overpaid 1200 euro and was due a refund. TWSS for my husband said 0.00

Now there is nothing about an overpayment for me. His TWSS still says 0.00 when I log in but he is in work and seeing a different figure and only a minor under payment of tax for 99.

Either way, is it likely that they used my 1200 overpayment to offset his under payment? We are married sure, but my 1200 is mine not his and he would prefer to pay using adjusted tax credits over time than in a lump sum.

The Diddakoi

jrosen wrote: »

Its telling me I cant get my statement of liability as myself or my spouse was registered for income tax during the year? Should I call them?

SOL are for PAYE employees only. If you or your spouse have other non-PAYE income your will need to submit a Form 11 through ROS to assess your liability.

fennor72

For everyone getting underpayment bills, make sure your gross pay and the amount you were given on TWSS is correct. Both of mine are wrong which has led to an inflated bill, my employer is correcting the mistake now

The Diddakoi

Cash_Q wrote: »

Over the weekend it said I had overpaid 1200 euro and was due a refund. TWSS for my husband said 0.00

Now there is nothing about an overpayment for me. His TWSS still says 0.00 when I log in but he is in work and seeing a different figure and only a minor under payment of tax for 99.

Either way, is it likely that they used my 1200 overpayment to offset his under payment? We are married sure, but my 1200 is mine not his and he would prefer to pay using adjusted tax credits over time than in a lump sum.

As you are jointly assessed for tax purposes any refund due will be offset against any underpayment.

The only way for this to not happen is if you had requested Separate Assessment.

https://www.revenue.ie/en/life-events-and-personal-circumstances/marital-status/marriage-and-civil-partnerships/separate-assessment.aspx

c.p.w.g.w

Underpaid by 507...No word from my employer as to weather they will cover it...but either way I'm ok with that, as I had 1500 ear marked for possible tax

Tiafleur

donfers wrote: »

Ouch, hit with an underpayment of 2500 there, thought it would be a few hundred, was on TWSS for about 6 weeks and then furloughed for a further 6 weeks (on PUP) before back to full paid work.

That seems like too much to owe. It was only 12 weeks on twss and pup combined. Calculate how much your income was for those 12 weeks and see if that figure of 2500 is correct. I imagine you were paying the correct tax during the rest of the year?

cnbyz

smurf492 wrote: »

Any idea how long it takes for refund to be processed on overpayment?

few days after you got the SOL. If the amount is high then theres an additional check which adds few more days

Luap

I am seeeing that in 2017 and 2018 that I can submit my Income Tax Return still? Should I be doing this?

relax carry on

Luap wrote: »

I am seeeing that in 2017 and 2018 that I can submit my Income Tax Return still? Should I be doing this?

If you want to claim tax relief for something in those years, you've additional non PAYE income to declare or you've been taxed incorrectly, then away you go.

mariemoon

Darc19 wrote: »

I can't see the issue anyone can have.

If you were claiming normal jobseekers allowance, that would be taxed too.

At the end of the day, no one is paying any additional taxes and anyone that was on the pup all year will have no tax due or a miniscule amount.

Employers should at least pay for the tax since they are getting free staff.
My other place got the 70% help from the government and didn't top up the other 30 %. I was underpaid and worki through a pandemic. I really think Employers should pay for this tax in exchange of getting free staff..
Its not fair with all the essential workers. Not even mentioning business that were actually doing well and got the subsidised benefit, which was my case, I worked in a lab.

tiredblondie

mariemoon wrote: »

Employers should at least pay for the tax since they are getting free staff.
My other place got the 70% help from the government and didn't top up the other 30 %. I was underpaid and worki through a pandemic. I really think Employers should pay for this tax in exchange of getting free staff..
Its not fair with all the essential workers. Not even mentioning business that were actually doing well and got the subsidised benefit, which was my case, I worked in a lab.

100%!!

Speaking of companies doing well, my husbands company said he didn't need to apply for the twss but was doing so just because he could!
Husband now has a tax bill of 1200euro to pay!!

2Mad2BeMad

mariemoon wrote: »

Employers should at least pay for the tax since they are getting free staff.
My other place got the 70% help from the government and didn't top up the other 30 %. I was underpaid and worki through a pandemic. I really think Employers should pay for this tax in exchange of getting free staff..
Its not fair with all the essential workers. Not even mentioning business that were actually doing well and got the subsidised benefit, which was my case, I worked in a lab.

agreed.

My job claimed it from the moment it was available until the end of august.
We are up 20percent last year compared to the previous year (april-may was a write off, very little happening) but from june onwards its been an absolutely crazy year. So it more then made up for them 2 months. All the while we were working for basically free from there perspective. Maybe thats how they are up 20percent, from not having to pay employees :pac:

Tchaikovsky

€2,050 underpaid... raging at this. We weren't even told that we'd be on the TWSS; only found out after the first pay slip back in April. Any advice here? Contact boss in the morning?

gaz15

Anyone else still having trouble getting access to view the SoL? It's saying it's available to view but when I click on it I'm still getting a pop up saying it'll be available to view soon

Tchaikovsky

Tchaikovsky wrote: »

€2,050 underpaid... raging at this. We weren't even told that we'd be on the TWSS; only found out after the first pay slip back in April. Any advice here? Contact boss in the morning?

Also noticed that my income for the year was 5000 or so less than previous year even though I was on the same wage as 2019, so going on Leroy42's post from this morning about agreed upon salary, I'll be speaking to my boss.

Ken Tucky

Underpaid by 1,100.
Checked my slips, I was overpaid by 185 while on covid payments.
Company was in rude health. We shouldn't have been on it as long as we were. This is where the anger is in my job.
Make me sick really, went to work and end up nearly 1,000 net down. Poxy

shmeee

Tchaikovsky wrote: »

€2,050 underpaid... raging at this. We weren't even told that we'd be on the TWSS; only found out after the first pay slip back in April. Any advice here? Contact boss in the morning?

The first thing you need to check is what pay your employer gave you in relation to your actual net pay? Was it the same or was it greater?

Many employers topped employees up to their gross pay. Therefore having to pay tax on that figure is fully acceptable. But when your take home pay is down (as not taxed at source), then you are getting a hard deal and need to get onto your employer.

tiredblondie

shmeee wrote: »

The first thing you need to check is what pay your employer gave you in relation to your actual net pay? Was it the same or was it greater?

Many employers topped employees up to their gross pay. Therefore having to pay tax on that figure is fully acceptable. But when your take home pay is down (as not taxed at source), then you are getting a hard deal and need to get onto your employer.

Mine was topped up by my employer buty take-home pay always remained the same, same with my husband, neither of us got a cent more than we should and we both have tax bills!

capefear

shmeee wrote: »

The first thing you need to check is what pay your employer gave you in relation to your actual net pay? Was it the same or was it greater?

Many employers topped employees up to their gross pay. Therefore having to pay tax on that figure is fully acceptable. But when your take home pay is down (as not taxed at source), then you are getting a hard deal and need to get onto your employer.

as far as I remember employers were only allowed top up to the employees normal net wage not gross pay.

Sunny Dayz

gaz15 wrote: »

Anyone else still having trouble getting access to view the SoL? It's saying it's available to view but when I click on it I'm still getting a pop up saying it'll be available to view soon

When I click view it brings me to my documents inbox but all that’s there are my tax credits certs. It worked for me this morning. I need to work out how much of the liability is mine and how much is my husbands.

xtreme rebel

With regards to claiming pharmacy prescriptions as medical costs, does that include prescriptions for children in the family too or is it just both parents? No medical card involved here.

kala85

If you don't bother going in to click and see your SOL and you owe money what happens then

capefear

kala85 wrote: »

If you don't bother going in to click and see your SOL and you owe money what happens then

thats a good question. I remember been told before by one of the tax refund agents if you dont request a balancing statement (p21) as it was called you wont owe the revenue anything as its all automated. If at any stage you requested the P21 within the four years deadline for say a mortgage application then you will trigger the liability, but if you dont you wont trigger it. I wonder is it the same for the SOL I assume it is.

Dwarf.Shortage

kala85 wrote: »

If you don't bother going in to click and see your SOL and you owe money what happens then

Docked out of your salary over the course of 4 years beginning in Jan '22.

ie if you owed €2,400 your tax credit certificates for '22-'25 would be such that your payroll department would take €50 a month more than normal out of your salary.

Dwarf.Shortage

capefear wrote: »

thats a good question. I remember been told before by one of the tax refund agents if you dont request a balancing statement (p21) as it was called you wont owe the revenue anything as its all automated. If at any stage you requested the P21 within the four years deadline for say a mortgage application then you will trigger the liability, but if you dont you wont trigger it. I wonder is it the same for the SOL I assume it is.

No, if the SoL is there then it's too late.

I hate to be spiky in current times when people are getting bad news but let's be adults about it, if not paying was as simple as not opening the PDFs Revenue wouldn't be collecting any money.

Away With The Fairies

Is anyone else still getting processing request?