2 jobs emergency tax refund

masterjk

Hi,

Im currently working two jobs and in one i'm paying emergency tax the last 4/5 months i've decided i'm gonna not split my credits and leave this job soon, will i be able to claim all my emergency tax from Revenue if i present them my P45 when i finish?

Cheers

Citizenpain

masterjk wrote: »

Hi,

Im currently working two jobs and in one i'm paying emergency tax the last 4/5 months i've decided i'm gonna not split my credits and leave this job soon, will i be able to claim all my emergency tax from Revenue if i present them my P45 when i finish?

Cheers

Register with payeonline and request a p21 balancing statement for 2012. If there is a refund due to you it will be processed quickly.
2013 would be more straightforward if you split your credits/bands but you can always get a balancing statement next year again

masterjk

Citizenpain wrote: »

Register with payeonline and request a p21 balancing statement for 2012. If there is a refund due to you it will be processed quickly.
2013 would be more straightforward if you split your credits/bands but you can always get a balancing statement next year again

but if i leave before spliting them can i claim emergancy tax back with p45? or do i have to wait?

petersburg2002

Not as easy as that. You must either try and get a refund from the employer now by splitting your credits. Or else you must wait until the end of 2013. That's when Revenue will refund.

ibarelycare

You might not be due any tax back. If you have not requested Revenue to split your credits, then your second employer should not have been paying you on the Emergency Tax basis. If your full tax credits had already been applied to your first employment, you should have received NIL credits and cut-off from your second employer, meaning you should have been paying 41% tax on your entire income, as well as 7% USC.

You may have overpaid tax, but you very well may have underpaid tax too, depending on your level of income. If your second employer was aware that you worked somewhere else, then they should have known not to apply the Emergency Basis, however ultimately the responsibility of your personal taxation lies with you.

When you receive your P45 you need to get in touch with Revenue immediately and explain the situation to them. They will advise you on whether you have over- or underpaid tax, and they will be able to amend your credits for the rest of the year.

masterjk

But im on full emergancy tax now on job two so would that matter?

ibarelycare

masterjk wrote: »

But im on full emergancy tax now on job two so would that matter?

Yeah it means you're obtaining tax credits (emergency ones) that you shouldn't be, because all your tax credits are already applied to another job.

masterjk

My payslip reads that no tax credits are being applied its blank?

Ring the tax office. They are the only ones that can give you a definate answer.

ibarelycare

masterjk wrote: »

My payslip reads that no tax credits are being applied its blank?

Oh well then you're not on emergency tax, you're not receiving any credits so that's correct. If you're going to be leaving job 2 in the next short while I'd just not do anything until then. If you ring the tax office now, you'll just end up having to ring them again when you're issued with your P45. Wait until you're issued with it and then ring them. They will be able to tell you if you're due a tax refund. They will probable adjust your credits for the rest of the year to reflect any changes, and if you are due a refund then your employer in job 1 will pay it over to you on behalf of Revenue when they receive your new tax credits.