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Underpayment - due to retirement annuity relief

  • 28-07-2011 5:17pm
    #1
    susie05
    Registered Users, Registered Users 2 Posts: 78 ✭✭


    Hi
    Looking for some advice...
    We got a letter from the tax man advising us that they have not recieved a RAC cert for this year..i hadnt a clue what they ment by this so after getting a relative to look into our old tax certificates it seems that we have been getting this relief when we shouldnt have for the past 6 years..

    It seems we were getting it when my Husband was working on the buildings 6 years ago as we paid into a pension then but we have not paid into any pension in 6 years since he started his new job as we cant afford a pension
    What we this mean for us now?
    will we have a Huge bill to pay?..We are totally broke & im really worried
    It was a Genuine mistake on our behalf as we are totally clueless about tax & never even look at our tax certificates when they come every January.
    What is the Worst case Scenario?
    Any advice would be appricaiated...im really anxious about owing money


Comments

  • #2
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    Specific Advice is not allowed per the charter but PM me details and I'll give you free advice on it.


This discussion has been closed.
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