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New Additional Tax Credit

  • 26-11-2012 12:03pm
    #1
    IrlDigi
    Registered Users, Registered Users 2 Posts: 72 ✭✭


    Hi,

    I have been granted an additonal tax credit of 3300.

    Will this come through as 3300 additonal in my next wages? or do you only get a portion of it?


Comments

  • #2
    relax carry on
    Registered Users, Registered Users 2 Posts: 4,113 ✭✭✭relax carry on


    IrlDigi wrote: »
    Hi,

    I have been granted an additonal tax credit of 3300.

    Will this come through as 3300 additonal in my next wages? or do you only get a portion of it?

    I'm assuming you have just received a new tax credit cert showing the additional credit. Your employer would have received the same one at the same time.

    It really depends on tour circumstances. How much tax you have paid (if any) this year. When is your next payroll run. How quick your employer will work the changes etc.


  • #3
    IrlDigi
    Registered Users, Registered Users 2 Posts: 72 ✭✭IrlDigi


    Yes got the new cert with the credit on it.

    Payroll runs tomorrow.

    Have paid well over 3300 this year so far. Question is do I get 3300, or 20% or 3300 or 41 % of 3300 or what?

    Cheers


  • #4
    relax carry on
    Registered Users, Registered Users 2 Posts: 4,113 ✭✭✭relax carry on


    IrlDigi wrote: »
    Yes got the new cert with the credit on it.

    Payroll runs tomorrow.

    Have paid well over 3300 this year so far. Question is do I get 3300, or 20% or 3300 or 41 % of 3300 or what?

    Cheers

    You tax should reduced by the bulk of the 3300 depending on how you are paid; weekly or monthly.

    http://www.revenue.ie/en/personal/faqs/how-do-i-work-out-my-tax.html


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