TRS Question

Mola1

I have recently noticed that my TRS is different every month, going from €57 to €61 and back down to €51 again, never noticed this before as I thought it was always the same each month? It's almost impossible to get through to Revenue (waited 20mins) without an answer so just wondering is this normal or is there a reason why it is different?

barneystinson

Mola1 wrote: »

I have recently noticed that my TRS is different every month, going from €57 to €61 and back down to €51 again, never noticed this before as I thought it was always the same each month? It's almost impossible to get through to Revenue (waited 20mins) without an answer so just wondering is this normal or is there a reason why it is different?

AFAIK it's the bank who deals with that, you'd be more likely to get an explanation from them.

Geuze

My TRS has never been the same each fortnight.


Here is a possible reason.

Different number of days in each month, so different amount of interest paid by you each month, so different tax relief on interest each month.