Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Claiming back tax on orthodontist treatment

  • 06-08-2012 11:06am
    #1
    shadowcomplex
    Closed Accounts Posts: 4,097 ✭✭✭


    I started orthotontist treatment about 2 years ago, the total cost is 5000k, I have 2k left to pay off on this, I have heard I can clain back 20 percent back, can I do this any time of the year or can I only claim back tax at the end of the year, if I can only claim back at the end of the year ,would it be in my best interests if I have this paid off in complete by the years end


Comments

  • #2
    lexa
    Registered Users, Registered Users 2 Posts: 150 ✭✭lexa


    You are entitled to tax relief on non-routine dental expenses @20%. To claim this ask your dentist to complete a Med 2 form. You cannot claim relief until after the end of the tax year. So for any payments made to your orthodontist in 2012, you cannot claim tax on this until 1 January 2013.
    You can claim for any payments made so far in 2010 and 2011 at any time though. The easiest way of doing this using Revenue's online service.
    A claim for tax relief must be made within 4 years after the end of the tax year to which the claim relates.

    Given that tax relief is only 20% there is not a huge benefit to paying the 2k in advance to claim the relief early. I would be reticent to pay in advance for a service that hasn't been delivered and would only pay the final instalment of your treatment when the treatment has been completed to your satisfaction.


  • #3
    shadowcomplex
    Closed Accounts Posts: 4,097 ✭✭✭shadowcomplex


    Just say I claim for the tax for the 5000k paid on the 01jan13, how long does it take to get it back


  • #4
    lexa
    Registered Users, Registered Users 2 Posts: 150 ✭✭lexa


    About 2-3 weeks depending on how busy Revenue are. I think the last time I made a claim it was in my bank account in less than 2 weeks. Might be processed quicker if you do it online rather than by post.


  • #5
    helimachoptor
    Moderators, Science, Health & Environment Moderators Posts: 21,693 Mod ✭✭✭✭helimachoptor


    lexa wrote: »
    About 2-3 weeks depending on how busy Revenue are. I think the last time I made a claim it was in my bank account in less than 2 weeks. Might be processed quicker if you do it online rather than by post.

    Yep, my last one, i submitted on Jan 1st this year, was paid about 10 days later


  • #6
    btkm8unsl0w5r4
    Closed Accounts Posts: 9,535 ✭✭✭btkm8unsl0w5r4


    All good advice...but after spending 5 million on your teeth your accountant will sort out the rest surely...:)


  • Advertisement
Advertisement