Claiming tax back

Communicationb

Hi,

Sorry if this has been done before and feel free to move it.

Basically I am leaving the country in June (getting married in England etc) and was wondering about tax back. I have done a quick calculation below and was wondering am I right:

Aged 31; Single,

29th May 2010 is my last day (21 wks worked in 2010)

Gross weekly wages: €1,100.00
Net weekly wages: €769.16

Gross Income to 29th May: €23,100.00 (21 wks X €1,100.00)

2010 Tax Liability on €23,100.00 = €3,945.00

Total Tax Paid 1/1/10 - 29/05/10 = €6,947.64 (21 wks X €330.84)

Tax Back = €3,002.64 (€6,947.64 - €3,945.00)

Is the above generally correct?

Thanks

wishful thinker

Hi,

what you are looking at is a P21 statement for 2010. This can only be done after the year is over. The reason is simple you may have other types of income due to tax and they will want to know this before they will commit to a refund.

Your ER is obviously taxing you on the basis of 20%/41% + PRSI+ IL - which is correct

If you leave at that date, then it would seem you are entitled to 41% amounts paid, as you are within the 20% rate threshold (below 36.4K).

Bookkeeper09

Calcualtion looks about right.
If you are leaving the country during a tax year and do not intend to work here for the remainder of the tax year you can file a form P50 and will be able to claim your tax back before the end of the year