Income Levy Refund

MANUTD99

Could someone explain this one to me.

My OH got 300 euros back in her pay last month. Same with a few work mates. Others got 1 cent back. Me I got nothing yet we all are more or less on same salary

Why are some people getting this back and not others and also can I claim something back on this?

My P21 form states that my income tax was correct for 2010 too.

Cathalh

MANUTD99 wrote: »

Could someone explain this one to me.

My OH got 300 euros back in her pay last month. Same with a few work mates. Others got 1 cent back. Me I got nothing yet we all are more or less on same salary

Why are some people getting this back and not others and also can I claim something back on this?

My P21 form states that my income tax was correct for 2010 too.

The Income Levy was payable by anybody earning more than €15,028 per year (unless you were exempt i.e, had a medical card). This was calcualted on a weekly basis meaning that if you earned over €289 one week you pay levy but if you earned less you didnt pay. At the end of the year the employer should have done a full year revision and anybody who overpaid the levy should have got a refund through thier wages.

If, for example, somebody did quite a bit of overtime one week they may have gone into the high rates of levy for that week but throughout the year as a whole they should have been at the lower rate therefore a refund would be issued.

MANUTD99

Cathalh wrote: »

The Income Levy was payable by anybody earning more than €15,078 per year (unless you were exempt i.e, had a medical card). This was calcualted on a weekly basis meaning that if you earned over €289.96 one week you pay levy but if you earned less you didnt pay. At the end of the year the employer should have done a full year revision and anybody who overpaid the levy should have got a refund through thier wages.

If, for example, somebody did quite a bit of overtime one week they may have gone into the high rates of levy for that week but throughout the year as a whole they should have been at the lower rate therefore a refund would be issued.

I did 169 hours overtime last year and paid 541 euros on the levy fee. Would that be right?

namenotavailablE

You might be able to check this using my spreadsheet- download it at http://taxcalc.eu/monthlyss

You can enter your details and check the results against your own P60 or payslip.

Particularly in periods in which you did overtime, it's possible that you were paying the high rate levies in some periods but on an annual basis might not have been liable at those rates.

MANUTD99

namenotavailabl wrote: »

You might be able to check this using my spreadsheet- download it at http://taxcalc.eu/monthlyss

You can enter your details and check the results against your own P60 or payslip.

Particularly in periods in which you did overtime, it's possible that you were paying the high rate levies in some periods but on an annual basis might not have been liable at those rates.

The results are accurate to what my P60 says I paid. I take it therefore I am not due a refund?

namenotavailablE

I'm not sure if the P60 shows details of the Income levy- I haven't got mine yet. It is possible that it might not so you might still be due a refund of overpaid income levy/ Health contribution.

Cathalh

MANUTD99 wrote: »

I did 169 hours overtime last year and paid 541 euros on the levy fee. Would that be right?

The amount of income levy you pay depends on what you earn rather than hours worked. You should be able to calculate it fairly easily. The first €75,036 you earn is at 2%, between €75,036 and €174,980 is at 4%.

Therefore if your P60 shows say, €50,000 the Income Levy payable would be €1,000. (50,000 * 2%).

superrdave

Cathalh wrote: »

The amount of income levy you pay depends on what you earn rather than hours worked. You should be able to calculate it fairly easily. The first €75,036 you earn is at 2%, between €75,036 and €174,980 is at 4%.

Therefore if your P60 shows say, €50,000 the Income Levy payable would be €1,000. (50,000 * 2%).

Exactly. This is not a difficult calculation. Put simply:

If you earned under 15,028, you should pay 0
If you earned less than 75,036, you should have paid 2% of your total income
If you earned over this you pay 1500.72 + (Income-75036)*0.04 = total.

Check your figures and you will see if you owed levy. You don't need your Income Levy Certificate or p60 to check these if all the figures are on the payslip for the final week of the year.

MANUTD99

superrdave wrote: »

Exactly. This is not a difficult calculation. Put simply:

If you earned under 15,028, you should pay 0
If you earned less than 75,036, you should have paid 2% of your total income
If you earned over this you pay 1500.72 + (Income-75036)*0.04 = total.

Check your figures and you will see if you owed levy. You don't need your Income Levy Certificate or p60 to check these if all the figures are on the payslip for the final week of the year.

Cheers thanks mate, did the sums and it seems I paid the right so therefor wont be looking for a refund.

On another thing though. I had a P21 form sent out the other day saying I owed the revenue 0.20 cent and then today I got another P21 form in the post today saying they now owe me 30 euros. I'm confused now to the point weather I don't know if they have calculated it right at all now!

henke

Hi

In 2009 I worked from July to December and in 2010 I worked from January to August before becoming unemployed. I was paying out approx. 30 per month in the levy. Now my earnings for both years fall below €15k but had I been working a full year it would have been in excess of €15k.

Should I be entitled to a refund of the levy I paid? And also, how would I claim a refund? Would it just be at the tax office in the same way tax can be claimed back?

Cheers.

Cathalh

MichaelM1987 wrote: »

Hi

In 2009 I worked from July to December and in 2010 I worked from January to August before becoming unemployed. I was paying out approx. 30 per month in the levy. Now my earnings for both years fall below €15k but had I been working a full year it would have been in excess of €15k.

Should I be entitled to a refund of the levy I paid? And also, how would I claim a refund? Would it just be at the tax office in the same way tax can be claimed back?

Cheers.

Hi Michael,
If you were a PAYE employee in 2009 your employer should have done an end of year calculation of your Income Levy. If you overpaid they should have refunded you with your last pay cheque of the year. If for some reason that they did not then you can claim a refund. As far as I am aware you can contact your local tax office to arrange refunds for both years if applicable. You may be able to do it on-line through the ROS PAYE Self Service website (check out www.revenue.ie) but I cannot be sure of this.

mightyz

I know there was online calulator on revenue.ie. My friend showed me levy refund check calculator few days ago.

Any one know whats the address?