Paye Back on College Fees

Lash_Alert

Hey

Hope someone can help me here. Currently studying my masters, its costing roughly 13,000. I got some from a grant and my Dad is paying the rest(and im repaying him). This means hes playing about 10,000. Now coming to claiming back some of this money, how do i go about it?

I myself havent worked for a few years,but had a few thousand saved up from a few years back that ive given to him as partial payment.

Any tips?

thank you

Síle28

http://www.revenue.ie/en/tax/it/leaflets/it31.html
have a look there, I did it myself a while ago, you basically print off and fill out a form from revenue.ie and post it in to them. as you haven't work for a few years you won't have paid tax yourself to claim back but you can claim it back under your dad's tax (space for that on form). I'm not sure about the fact that you received a part grant, that might complicate it a bit, I'm not 100% sure as I got no grant on mine.

Lash_Alert

"With effect from 2007 onwards, the required relationship has been abolished and an individual can claim tax relief on fees paid for Third Level courses as long as he/she has paid the qualifying fees"

what does this mean with regards to that?

Thanks for the quick reply

Síle28

As far as it reads to me it just means if your dad has paid it, he can claim it back from his taxes. In other words, you couldn't pay it and claim back under someone else's taxes, the person who pays, claims it back.

sash

hiya im in the dillemm tooa!! except i have been working part time the past few years and working as an occasional sub so do you have to be paying a lot of tax to get anything bk on fees my fees totalled 9000