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Is tax underpayment possible ?

oneoneeight · 2011-01-23 00:31:54

Does anyone have an idea if underpayment of tax is possible when you're working full time and presuming your employer didn't make a mistake? The reason why I'm asking is that personal credits for 2010 are lower than in previous years (down from 2x €1830 to 2x €1650 which is €3300 instead of €3660). I'm trying to claim…

23-01-2011 12:31am

#1

oneoneeight

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Join Date: March 2008

Posts: 12

Does anyone have an idea if underpayment of tax is possible when you're working full time and presuming your employer didn't make a mistake?

The reason why I'm asking is that personal credits for 2010 are lower than in previous years (down from 2x €1830 to 2x €1650 which is €3300 instead of €3660). I'm trying to claim something back from the Revenue but by the looks of it instead of overpayment I may have an underpayment this time (for about €360). Which doesn't tempt me to request for P21.

Are the things in Ireland that bad or am I missing something?

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Comments

#2 23-01-2011 12:35am

Speak Now

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10% reduction in 2011. You would pay 360 more this year not last.

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