Underpaid tax need advice

Find out exactly what you owe and do up a spreadsheet of all your income and outgoings and they should be able to do up a payment plan or if you can try offer a settlement figure that might work. I am only basing that on a family member who owed €8,000 and done that about 7 years ago paying €3,000 so I don't know how revenue are now in the same situations. Hopefully some of the financial regulars here can advise you better.

You should still have you wife's personal tax credit plus her home carer tax credit.

Go into your revenue account and check you have all these. Don't worry about it you probably owe nothing or little.

Assuming it's a revenue error which they corrected, and not anything you did to cause the error, I would start by explaining you cannot afford the 10k and offer a settlement amount (as the other poster said above).

I don't think so, but what I was getting at is, as it's their error, not your error or your attempt to defraud, they should be more willing to discuss and negotiate.

I had an audit on me a few years ago as I accidentally misclassified something and owed them money (not 10k mind!), but it was my fault nonetheless. Even then, the revenue folks were lovely to deal with and accepted my genuine mistake and agreed to remove the penalty fee they had charged.

As for next steps, I would probably consider getting professional advice. I know it will cost money but as there's 10k at stake it's no small change. Maybe start by contacting citizens information?

2020, the year of Covid 19 and the TWSS / EWSS, were you paid via either of these?

This wasn't taxed at the time and unless you have already sorted the liability out that could form part of the 2020 underpayment.

Are you sure the email is actually from revenue and not a scam? Revenue dont normally email you directly. They send a letter or you can see the details in ROS or the revenue 'my account service'.

Sounds like a scam. Don't click on any links in the email and be brought to a site which looks like revenue site but will simply collect your details.

Yep I agree that the way its done. The OP seems to have received an email though and stated what the email said. He needs to clarify for us if it was an email ( if so sounds like a scam) or just an instruction to log into my account or ros.

(1) make sure it's not a scam

(2) check all tax credits, for each year

(3) check SRCOP for each year

(4) do you submit normal Form 12 tax return each year, e.g. to claim tax relief on medical expenses?

Revenue can only go back four years unless you deliberately tried to defraud them. In this case they may be ignoring 2019.

Thousands of people submit tax returns every year.

You may want to claim tax relief on rent paid, medical expenses, or remote working, etc.

You may need to declare extra income, e.g. dividends, rent, etc.

Given that many people have medical expenses, it is completely normal and common to submit a Form 12 tax return.

I suggest that you submit Form 12 tax returns for 2020 onwards.

The problem with that approach is that it assumes that Revenue knows everything about you even though you haven't told them anything about your current situation! I assume that, at some point, you did inform them that you had married!

As a former Citizens Advice volunteer it's an attitude that I often encountered with both taxpayers and social welfare clients, many of whom appear to have assumed that both organisations can pick up any changes in their financial circumstances by osmosis!

Remember that it's your money so you really owe it to yourself to mind it as best you can!

We had the same problem when we got married - we wanted to stay separately assessed though. Spotted it when my pay took a nose dive as all the credits went to my wife.

It took a call or two to Revenue to sort it out - can be painful to get through but they will help you out. You the one calling them looking to sort out a mess partly of their own creation by not assigning credits as you requested so there will be some settling to do but they will work with you on it to get it sorted.

Take downtheroad's help as it does sound like your credits are low.

Jayzuz OP you have me worried- will look into my own tax affairs now just to make sure I’m not facing similar - best of luck to you - hopefully it will work out ok

Totally - just check they do what you have asked them to do.

All my wife wanted to do was change the civil status while sending in her Medical expenses claim and ticked the box for separate assessment as we both need our own credits. Was someone making a mistake and changing us to joint that mucked things up for us.

Its the taxpayers responsibility to ensure their tax credits are right not revenue - People dont seem to get this point at all. Your friends excuse that the forms were wrong is nonsense - if the forms were wrong as they put it, they filled them in wrong not revenue.

In joint assessment the tax payer decides how their tax credits and cut off are divided between spouses - this is so important. Most people dont bother doing this though and then blame Revenue when a problem arises. Many also are overpaying tax by not dividing their tax credits and cut off properly and they dont even realise it. Year after year they are overpaying. Remember that Revenue will not tell you that you are due a refund - the taxpayer has to review their situation and claim it

As @downtheroad said earlier everyone should take a little time to understand how tax is calculated. At a basic level tax isnt that difficult. It could put more money in peoples pockets come payday.

You cannot request a statement of liability that is over 4 years previously.

You man be able to view it in your archived folder in MyDocuments.

Still can't understand how the tax credits were so wrong? Systems don't allow to add double credits etc. So unless you claimed a credit you weren't entitled to maybe?

And as others said, give PAYE a call on 01 7383636 and chat to them, they will be accommodating with this and help you work it out.

And they're your preliminary statements so add your claims for medical expenses etc to reduce what you owe or other reliefs you can claim.

Got one of these last week. Not a scam. Just an email to say I had new correspondence. Small underpayment which I was able to reduce to c€80 by submitting a tax return with an additional credit for medical expenses incurred during 2020. Revenue came back and said it would be dealt with by reducing tax credits for next four years by €20 each year. Also did 2021 while I was online and that was an overpayment of €200 - funds arrived in my bank account two days later.