All tax back from previous year if now unemployed?

DJW11

Hi, i was layed off in october, i want to know if its true that you are entitled to claim all your tax back from your previous years work once unemployed?

relax carry on

DJW11 wrote: »

Hi, i was layed off in october, i want to know if its true that you are entitled to claim all your tax back from your previous years work once unemployed?

This is one of those "a man in the pub told me" or "a friend of a friend told me" stories. Refunds of tax for previous years are dependant on your own circumstances. Everyones circumstances are different, so there is never any point comparing yourself to another.

If you were made redundant last year, you may be entitled to a refund of tax based on your unused credits and rate band for November and December. Keep in mind jobseekers benefit is taxable.

http://www.revenue.ie/en/personal/tax-refunds.html

DJW11

i know what your saying, iv done a tax claim since i was laid off and got like 250 euro, its just i have my dad giving me grief purely because i was working upwards of 10-20hrs overtime per week and paying over 200 euros tax per wk regularly for most of the year so hes convinced i was due alot more

brnlghln

Here's a quick and dirty way of figuring out.

Go here: http://taxcalc.ie/calculator/
Put in your total gross earnings from last year.
Note if you were getting Jobseekers Benefit then add this to your gross earnings. Jobseekers Assistance you can ignore.
Take the "Tax" (not "Gross Tax") number for 2011. Call this A.

Look at you last payslip. Check how much tax you paid for the year. Call this B.

Take the 250 you got back in tax after you became unemployed. Call this C

Total tax you are due back is B - (A + C).