PAYE Underpayment for 2007 and 2008

jinx9000

Just checked my revenue online and theres 700 euro owing from the above years

anybody else notice them backlogging through accounts looking for underpayments and more importtantly are they respoding to overpayments made?

thanks,

bob!

relax carry on

jinx9000 wrote: »

Just checked my revenue online and theres 700 euro owing from the above years.

anybody else notice them backlogging through accounts looking for underpayments and more importtantly are they respoding to overpayments made?

thanks,

bob!

Underpayments come to light when a review is triggered. Did you trigger a review lately online, over the phone or post either by claiming a credit or requesting a P21?

If none of the above then the underpayment may have been picked up as part of a security check into a specifically claimed relief or credit. Normally you would be contacted about providing proof for the credit/relief in question.

jinx9000

ok, i figured it out. i was renting and renovating at the same time, so i could claim both, but there system has flagged it and is now trying to take back the rent relief asd i was getting mortagare interest relief also!

may save somebody else some hassle!

jinx9000

ok, an update. revenue are telling me that you can only claim rent and mortage interest relief in the year you buy. subsequent years, you can only claim one or the other, but not both.

this does seems plausable, but does anybody have any first hand experience of this?

thanks for the help,

robert!

Mrs OBumble

Sounds totally plausible.

jinx9000

and to add to matters more (poster from another forum)

"I just rang my local PAYE office and they told me I am not eligible to claim both. Although, in certain circumstances, as I was told, i.e. building your own home, you can claim TRS and rent tax relief as you cannot live in your home if it is being built. Makes sense to me. Oh well. "

My house was not inhabitable from 2006 to 2008............was complete renovation of house with outdoor toilet, no central heating and mold/fungi as was not lived in for 10 years. I replied to revenue with this.

jinx9000

and the answer is in!

you can only claim both for one year. apaprently there are no circumsatnces which allow for multiple years!