Today the tax day - revenue.

Debarramike137

Had anybody received their tax refund yet guys, for medical expenses etc? I submitted it weeks ago and I’ve got nothing yet.

I guess they’re particularly busy this year with PUP etc. Thanks a lot

Saz2020

Debarramike137 wrote: »

Had anybody received their tax refund yet guys, for medical expenses etc? I submitted it weeks ago and I’ve got nothing yet.

I guess they’re particularly busy this year with PUP etc. Thanks a lot

I received mine yesterday (Tuesday morning). I had applied for it roughly 2 weeks ago.

Debarramike137

Saz2020 wrote: »

I received mine yesterday (Tuesday morning). I had applied for it roughly 2 weeks ago.

Thanks a lot.

cnbyz

I havent received my SOL for 2020 yet. I submitted my income tax return on Jan 1st. Their phone lines are closed and wont respond to my messages. I was told that it should be processed in few days but that was 12 days ago. Is there anything i can do about it ? any way to complain about this ?

Geuze

cnbyz wrote: »

I havent received my SOL for 2020 yet. I submitted my income tax return on Jan 1st. Their phone lines are closed and wont respond to my messages. I was told that it should be processed in few days but that was 12 days ago. Is there anything i can do about it ? any way to complain about this ?

Fair play to you for doing it on 1st Jan!!! Very organised.


I often submit Form 12s in maybe August, and it might take four weeks to see a P21 balancing statement.

Given PUP, TWSS, COVID-19, and Brexit, I would not be complaining four weeks later.

Telecaster58

Am I the only person who can't upload my Health Expense receipts? The server shows a fault and has done for days

cnbyz

Geuze wrote: »

Fair play to you for doing it on 1st Jan!!! Very organised.


I often submit Form 12s in maybe August, and it might take four weeks to see a P21 balancing statement.

Given PUP, TWSS, COVID-19, and Brexit, I would not be complaining four weeks later.

Well 2 years ago there was none of those and they still issued my p21 in May. Yes correct in May. If i hadnt actually called them it would have probably taken much longer. Thats what i am worried about. I dont trust them.

cyc1337

Did anyone manage to challenge the TWSS tax on a legal basis?

Also, did anyone manage to make their employer pay for it?

Thanks!

chrabo

I got mine today.
2.5 months on pup and all my tax credits gone??. have 0 tax credit for 2020, time for social welfare full time

c-90

chrabo wrote: »

I got mine today.
2.5 months on pup and all my tax credits gone??. have 0 tax credit for 2020, time for social welfare full time

Hi can you explain this as I got a notice today that my tax credits are being reduced due to my wife being on pup?

mystic86

chrabo wrote: »

I got mine today.
2.5 months on pup and all my tax credits gone??. have 0 tax credit for 2020, time for social welfare full time

You have something very mixed up here, as reduction of your credits for any tax due from your PUP payments will not be implemented until next year. As for 2020, your tax credits for 2020 are not affected at all.

Tinkerbell4484

I'm very confused by how all this is working out.
For the past 3 weeks my husband (full time working) has been paying over €300 per week tax. He was on pup for a few months last year, around 5, I have been on it on the rate of €300, since September. He had an underpayment of €1600 on his statement of liability, thats fine not disputing there is tax owed.
My problem is,his tax credits have been reduced to 1440 I am still on pup,and his rate band has reduced from €44300 to €10000.
We were not given the option to pay the underpayment, or anything, his employer was issued a new TCC and his income is now less then halved. I've submitted enquiries to revenue but noone is replying or contacting.
Can anyone shed light on my the tax credit band would be reduced so much? Our normal credits are just over €6000pa.

Mamto5

This has happened to me and my husband also. He has not been awarded a SRCOP for 2021 so they have reduced mine. I have sent a message through my enquiries but will be ringing first thing Monday morning. It seems very unfair as if they are taxing him on social welfare he should a SRCOP and they should not reduce mine. I will be asking to be assessed separately as that way I can earn 32k at 20 %. I am hoping someone in the Revenue has made a mistake it wouldn’t be the first time

jrosen

Revenue have taken away all my tax credits for this year because im on PUP. I did contact and they said that would change if I return to work. But hubby received notification that he will also loose tax credits even though he didnt receive any social welfare payment. I dont understand. We are jointly assessed.

Banana Republic 1

Logged onto revenue this morning and at first glance I took away the following:

They have deducted the PUP from my 20% rate band limit, €353600, under the assumption that the PUP was implace fro 12 months, Jan 2020 to Dec 2020, so now in 2021 I’ll be paying the top rate of income tax when I earn more €15400

My understanding of PAYE system is you can earn up to €35600 and only pay 20% tax on that minus whatever tax free allowance you have.

They now just penalising the people who were forced on to PUP.

mystic86

Banana Republic 1 wrote: »

They now just penalising the people who were forced on to PUP.

Why do people make statements like this? The payment is taxable, like many other payments from SW. They are collecting the tax. Wowzer, shock horror.

brianomc

I presume these tax credit/standard rate reductions are 2021 related and not 2020.

I overpaid tax in 2020 and have had mine reduced this year and put on week 1, I am currently on PUP. This means if I did go back to work now and didn't cancel the PUP that I would be paying huge amounts on what I earn and my tax on the PUP would be covered by the reduction. So at the end of 2021 there wouldn't be any rebalancing needed. And if there was then its a case that Revenue have already collected this money instead of them having to recoup it over 4 years leaving a hole in their pockets in the short term.

Of course when I do cancel the PUP I presume they will make a final calculation of PUP paid from social welfare and then re-issue me with a new tax credit certificate with these payments factored in.

I'm not sure why they have reduced the working spouses tax credit/standard rate above what was needed for a single person, but I'm sure there is a good reason that I am just not getting right now.

Tinkerbell4484

For some reason though from what I've gathered by calculating it, they've reduced our SRCOP by both myself and my husband aiming pup for 2021 (650×52=33800) so our SRCOP is now 10600. My husband is not on pup anymore though so I don't know why they have done that. So all his income per week above 200 is taxed at 40% with nearly no tax credits.
He was on it for 20 weeks last year

Tow

Tinkerbell4484 wrote: »

For some reason though from what I've gathered by calculating it, they've reduced our SRCOP by both myself and my husband aiming pup for 2021 (650×52=33800) so our SRCOP is now 10600.

You are correct, once you are on PUP Revenue will assume you are going to be on it all year. So they multiple your weekly PUP by 52 and tax it by adjusting your RPN accordingly. Leaving aside the rights/wrongs of this approach. One you return to employment DEASP notify Revenue. However, this only happens once a week, so you may be working 2/3 weeks before seeing RPNs return back to (near) normal.

Mamto5

The Revenues own website states that payment if any taxes due on the PUP will not commence until January 22 over 4 years they specifically state that it is not taxed in real time. This is very underhanded of them to send out new tax credits over the weekend with no prior notification. Some people will be in for a shock on their next pay day when they realise how much money they will be down.

Cash_Q

Any ideas on editing/deleting the Statement of Liability... my husband was on TWSS for a few months last year, his employment detail summary reflects this and the figures are exactly correct.

I am the assessable spouse so he cannot access the Statement of Liabilty. I edited it a few weeks ago to include medical expenses for 2020 and I cannot proceed further because it has pre populated the TWSS for my husband as 0.00 when its should show a figure in excess of 5k.

I have sent an enquiry but no response yet. If I click 'delete' on this Statement of Liabilty will it give me the option to request it again, with the hope that the TWSS figures will be correct? I started it before his employer had submitted the figures to Revenue and I wonder if that's why it said 0.00 to begin with..

Tldr: can I delete the Statement of Liabilty and start over, or will it be gone altogether/what happens if I delete it?

Nigzcurran

Cash_Q wrote: »

Any ideas on editing/deleting the Statement of Liability... my husband was on TWSS for a few months last year, his employment detail summary reflects this and the figures are exactly correct.

I am the assessable spouse so he cannot access the Statement of Liabilty. I edited it a few weeks ago to include medical expenses for 2020 and I cannot proceed further because it has pre populated the TWSS for my husband as 0.00 when its should show a figure in excess of 5k.

I have sent an enquiry but no response yet. If I click 'delete' on this Statement of Liabilty will it give me the option to request it again, with the hope that the TWSS figures will be correct? I started it before his employer had submitted the figures to Revenue and I wonder if that's why it said 0.00 to begin with..

Tldr: can I delete the Statement of Liabilty and start over, or will it be gone altogether/what happens if I delete it?

Send a message through your enquiries and they can issue a new one

vandriver

Mamto5 wrote: »

The Revenues own website states that payment if any taxes due on the PUP will not commence until January 22 over 4 years they specifically state that it is not taxed in real time. This is very underhanded of them to send out new tax credits over the weekend with no prior notification. Some people will be in for a shock on their next pay day when they realise how much money they will be down.

That's for underpayment of 2020 tax on pup.
The reduction of tax credits for 2021 is to ensure that this year's pup is taxed this year.

ari101

Cash_Q wrote: »

Tldr: can I delete the Statement of Liabilty and start over, or will it be gone altogether/what happens if I delete it?

I started and then ended up deleting mine a couple of weeks back and it seem to start over fine (I haven't submitted my final but it let me click through no issues, just removed any inputs I had made)

cyc1337

mystic86 wrote: »

Why do people make statements like this? The payment is taxable, like many other payments from SW. They are collecting the tax. Wowzer, shock horror.

because it's the government who took away these peoples' jobs and income.

Patches oHoulihan

Mamto5 wrote: »

The Revenues own website states that payment if any taxes due on the PUP will not commence until January 22 over 4 years they specifically state that it is not taxed in real time. This is very underhanded of them to send out new tax credits over the weekend with no prior notification. Some people will be in for a shock on their next pay day when they realise how much money they will be down.

I just looked at mine and my rate of 40% starts at 50k now instead of 70.
My wife has been on PUP for 9 months last year. I take half her tax credits as she only ever did a couple of days a week.

So I calc my tax bill will be up by 320€ a month.
WTF is that about its her tax bill not mine. Why am I paying her tax and not her when she goes back?

I'm totally confused

Banana Republic 1

mystic86 wrote: »

Why do people make statements like this? The payment is taxable, like many other payments from SW. They are collecting the tax. Wowzer, shock horror.

Understand the PAYE system first before you get on your high horse, Jesus H and Joseph Stalin.

jrosen

Patches oHoulihan wrote: »

I just looked at mine and my rate of 40% starts at 50k now instead of 70.
My wife has been on PUP for 9 months last year. I take half her tax credits as she only ever did a couple of days a week.

So I calc my tax bill will be up by 320€ a month.
WTF is that about its her tax bill not mine. Why am I paying her tax and not her when she goes back?

I'm totally confused

Exactly the same here.
I work part time obviously pay the lower rate of tax and was on pup for approx 5months. I don’t understand either?!

smellyoldboot

The greatest hoodwink/scam that was ever pulled in this country. Literally a transfer of wealth by stealth from the working population of Ireland to its very richest. We worked for free/at very little cost to our employers and now we must repay hefty tax bills for that privilege while the now even wealthier employers get to boast about how we'll their figures are holding up "in spite of everything". We're all in this together.

Cash_Q

Nigzcurran wrote:

Send a message through your enquiries and they can issue a new one

Have done weeks ago and no response, nobody answering phones either

CH3OH

Patches oHoulihan wrote: »

I just looked at mine and my rate of 40% starts at 50k now instead of 70.
My wife has been on PUP for 9 months last year. I take half her tax credits as she only ever did a couple of days a week.

So I calc my tax bill will be up by 320€ a month.
WTF is that about its her tax bill not mine. Why am I paying her tax and not her when she goes back?

I'm totally confused

jrosen wrote: »

Exactly the same here.
I work part time obviously pay the lower rate of tax and was on pup for approx 5months. I don’t understand either?!

We are in the same position.
Completed my 2020 return last week There was a liability of underpayment due to PUP etc. BUT this was ofset by medical , education and dental bill.
So I received a small refund promptly.
So at the moment our PAYE is up to date 2020.

But this week we we received amended tax certs. reduction in tax credit of €3120 and 20% band reduced by €14923.

My wife is currently on PUP and receiving €300 per week

I am no expert.
I understand that the PUP is classed at taxable income, but my wife's income will not exceed 15,600 even if she was to remain on PUP for 2021. If she returns to work she will earn similar to the PUP payment, so her gross income for the year will still probably be around €15600.

I thought that as such she will not have any tax liability on it .

Am I wrong?

Revenue seem to have taken the view that her PUP payment is all taxable . and is looking for 20% of the 15600 during th year

Is this correct?
Appreciate any info

vandriver

CH3OH wrote: »

We are in the same position.
Completed my 2020 return last week There was a liability of underpayment due to PUP etc. BUT this was ofset by medical , education and dental bill.
So I received a small refund promptly.
So at the moment our PAYE is up to date 2020.

But this week we we received amended tax certs. reduction in tax credit of €3120 and 20% band reduced by €14923.

My wife is currently on PUP and receiving €300 per week

I am no expert.
I understand that the PUP is classed at taxable income, but my wife's income will not exceed 15,600 even if she was to remain on PUP for 2021. If she returns to work she will earn similar to the PUP payment, so her gross income for the year will still probably be around €15600.

I thought that as such she will not have any tax liability on it .

Am I wrong?

Revenue seem to have taken the view that her PUP payment is all taxable . and is looking for 20% of the 15600 during th year

Is this correct?
Appreciate any info

The pup is taxable income,it's being taxed.You receive the gross pup in your bank account,and pay the tax by a reduction in scrop and tax credits.
If you are thinking that your wife can earn x amount tax free ,well she can..by utilizing her tax credits which is exactly what is happening here

Foweva Awone

Patches oHoulihan wrote: »

I just looked at mine and my rate of 40% starts at 50k now instead of 70.
My wife has been on PUP for 9 months last year. I take half her tax credits as she only ever did a couple of days a week.

So I calc my tax bill will be up by 320€ a month.
WTF is that about its her tax bill not mine. Why am I paying her tax and not her when she goes back?

I'm totally confused

You voluntarily chose to be jointly assessed. You can't do that and take her tax credits when it suits you, but then be annoyed when you're jointly liable and it affects you negatively.

"For better for worse"...!

rostalof

Patches oHoulihan wrote: »

I just looked at mine and my rate of 40% starts at 50k now instead of 70.
My wife has been on PUP for 9 months last year. I take half her tax credits as she only ever did a couple of days a week.

So I calc my tax bill will be up by 320€ a month.
WTF is that about its her tax bill not mine. Why am I paying her tax and not her when she goes back?

I'm totally confused

I'm confused too. How was your rate band €70,000 and not €44,300?

https://www.revenue.ie/en/jobs-and-pensions/calculating-your-income-tax/what-is-an-increased-rate-band.aspx

https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/tax-relief-charts/index.aspx

Tinkerbell4484

rostalof wrote: »

I'm confused too. How was your rate band €70,000 and not €44,300?

https://www.revenue.ie/en/jobs-and-pensions/calculating-your-income-tax/what-is-an-increased-rate-band.aspx

https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/tax-relief-charts/index.aspx

Because her income was over 26300 they are jointly assessed and got the higher increase of 28300? (I think)

Patches oHoulihan

Tinkerbell4484 wrote: »

Because her income was over 26300 they are jointly assessed and got the higher increase of 28300? (I think)

Her 2019 Income was €14951 ( Gross)
Her 2020 Income was € 5666 before pup commenced

2019 would have been about normal as she is not full time.

Banana Republic 1

vandriver wrote: »

The pup is taxable income,it's being taxed.You receive the gross pup in your bank account,and pay the tax by a reduction in scrop and tax credits.
If you are thinking that your wife can earn x amount tax free ,well she can..by utilizing her tax credits which is exactly what is happening here

Last year one could earn up to €35600 and only pay 20% tax on it minus your tax free allowance.

On paper it would look like: €35600 (gross) - 3300 (TFA) = €32300 @20% = €6640 PAYE Tax due.

This year I’m going to be taxed on every euro earned over €15400 at 40% because they have just slashed my 20% rate band across the abdomen.

rostalof

Patches oHoulihan wrote: »

Her 2019 Income was €14951 ( Gross)
Her 2020 Income was € 5666 before pup commenced

2019 would have been about normal as she is not full time.

Ok, I get that but I still don't understand how previously you were paying 20% tax on your earnings up to €70,000. What rate of tax was your wife paying in 2019 for example?

€44,300 is the upper limit. So the spouse earning the higher income of the two can earn up to this amount at 20%, anything above this is 40%.

The lower earning spouse can earn up to a maximum of €26,300 at 20%, anything above that is taxed at 40%

You can transfer or divide credits between both spouses as you see fit, but you can't transfer rate bands. As a couple your combined rate band could potentially be €70,600, if your wife earned €26,300. Unless you have some other credits, reliefs or allowances that you haven't mentioned, you should be taxed at 40% on everything you earn above €44,300.

rostalof

Banana Republic 1 wrote: »

Last year one could earn up to €35600 and only pay 20% tax on it minus your tax free allowance.

On paper it would look like: €35600 (gross) - 3300 (TFA) = €32300 @20% = €6640 PAYE Tax due.

This year I’m going to be taxed on every euro earned over €15400 at 40% because they have just slashed my 20% rate band across the abdomen.

Wow, that's extremely drastic. Have you confirmed that the correct credits are set in My Account?

vandriver

Banana Republic 1 wrote: »

Last year one could earn up to €35600 and only pay 20% tax on it minus your tax free allowance.

On paper it would look like: €35600 (gross) - 3300 (TFA) = €32300 @20% = €6640 PAYE Tax due.

This year I’m going to be taxed on every euro earned over €15400 at 40% because they have just slashed my 20% rate band across the abdomen.

You don't know how tax works.Literally everything in your first two sentences are incorrect.
You are also conveniently ignoring the pup landing in your bank account every Tuesday untaxed.

relax carry on

Banana Republic 1 wrote: »

Last year one could earn up to €35600 and only pay 20% tax on it minus your tax free allowance.

On paper it would look like: €35600 (gross) - 3300 (TFA) = €32300 @20% = €6640 PAYE Tax due.

This year I’m going to be taxed on every euro earned over €15400 at 40% because they have just slashed my 20% rate band across the abdomen.

Jesus that's not how PAYE works. There's no such thing as tax free allowance for a start. There's standard rate band and credits.

You can earn up to 35600 at 20%. So if you earned 35600 exactly you would owe 7120 euro. You then take your tax credits of 3300 off the 7120 euro leaving you paying €3820.

If you've had the annual amount of PUP added to your tax credit cert just recently and you aren't in receipt of PUP right now in 2021, it's a mistake. Contact Revenue to tell them you aren't on PUP for 2021.

Banana Republic 1

rostalof wrote: »

Wow, that's extremely drastic. Have you confirmed that the correct credits are set in My Account?

No cause the revenue have gone to ground as per other posters but I just read the document. Now this is not just limited to my case and if I’ve interpreted this right it. will be on joe Duffy I’d imagine.

Banana Republic 1

relax carry on wrote: »

Jesus that's not how PAYE works. There's no such thing as tax free allowance for a start. There's standard rate band and credits.

You can earn up to 35600 at 20%. So if you earned 35600 exactly you would owe 7120 euro. You then take your tax credits of 3300 off the 7120 euro leaving you paying €3820.

If you've had the annual amount of PUP added to your tax credit cert just recently and you aren't in receipt of PUP right now in 2021, it's a mistake. Contact Revenue to tell them you aren't on PUP for 2021.

Tax credits/ allowance, semantics.

The have deducted 18200 PUP from the 20% band.

jrosen

I’m totally lost. I expected to pay tax, in fact had put some money aside. Was open to the reduction in tax credits as an option to pay it back slowly too.

My tax credits have been reduced by 3120 for this year on the assumption I’ll be claiming pup for the year. I’m sure I won’t be so expect that to change.
What I don’t understand is the change in my husbands tax bands too. That I never expected. He pays the higher rate of tax.

Just to add we had 650 of medical stuff offset already

Mamto5

I got through to Revenue there. They told me that as my husband had the homecarers tax credit they would reducing Our SRCOP from 44300 to 26100. I told them them to separately assess us as hopefully my husband will be back working in the summer and he will be entitled to his full SRCOP and tax credits and they can tax his PUP then. When he did the figures be said oh yes you are correct that works out much better. I told him to expect a lot of calls today

Buddy97mm

Banana Republic 1 wrote: »

Tax credits/ allowance, semantics.

Might sound like semantics, but they are completely different things, one being an allowance that is not taxable, the other being a credit to offset tax liability.

A tax credit is worth far more than a tax allowance.

vandriver

Banana Republic 1 wrote: »

Tax credits/ allowance, semantics.

The have deducted 18200 PUP from the 20% band.

That will be the income from pup expected for the year 2021.They have deducted it from your srcop because it's income not captured by the PAYE system.Youll thank revenue when you don't have a huge tax bill at the end of the year.

Banana Republic 1

Buddy97mm wrote: »

Might sound like semantics, but they are completely different things, one being an allowance that is not taxable, the other being a credit to offset tax liability.

A tax credit is worth far more than a tax allowance.

Be a pendant...

Banana Republic 1

vandriver wrote: »

That will be the income from pup expected for the year 2021.They have deducted it from your srcop because it's income not captured by the PAYE system.Youll thank revenue when you don't have a huge tax bill at the end of the year.

Do you work in revenue.

vandriver

Banana Republic 1 wrote: »

Do you work in revenue.

No,just someone trying to help.