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Will my JSB be reduced by claiming a tax refund i.e P50

25-06-2012 1:14pm

#1

mgc2012

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As above

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#2 25-06-2012 2:26pm

Lugh Ildanach

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No, but the money you get from Jobseekers Benefit is considered taxable income.

If you end up with an underpayment of tax because of the extra income, your tax credits will be adjusted for next year to recover any underpayment.

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#3 25-06-2012 2:51pm

mgc2012

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Join Date: June 2012

Posts: 2

Lugh Ildanach wrote: »

No, but the money you get from Jobseekers Benefit is considered taxable income.

If you end up with an underpayment of tax because of the extra income, your tax credits will be adjusted for next year to recover any underpayment.

Will I get the tax I payed to date from 1st Jan?
And will I be able to claim jsb for the same amount of time?

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#4 25-06-2012 5:56pm

mp22

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For tax issues please try http://www.boards.ie/vbulletin/forumdisplay.php?f=1208.

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