Reasons for decreased tax credits?

SugarShane88

A family friend has asked me to look into this, but she has been with the same company for a number of years - almost a decade - but her wages have been consistently lower than usual in recent weeks and she says it is because her credits have gone from €5,000 to €3,000.

Any ideas what could be causing this?

Thanks.

Geuze

List of tax credits here:
http://www.revenue.ie/en/tax/it/leaflets/it1.html


Normal ones:

Single person tax credit = 1650
PAYE tax credit = 1650

Most people get those two tax credits.

happywithlife

Wasn't there a change in pension tax credits in the last budget? Would this be affecting her?

relax carry on

SugarShane88 wrote: »

A family friend has asked me to look into this, but she has been with the same company for a number of years - almost a decade - but her wages have been consistently lower than usual in recent weeks and she says it is because her credits have gone from €5,000 to €3,000.

Any ideas what could be causing this?

Thanks.

She needs to check her 2014 tax credit cert and compare it to her 2013 one.

Geuze

happywithlife wrote: »

Wasn't there a change in pension tax credits in the last budget? Would this be affecting her?

There is no such thing as "pension tax credits".

Maybe you mean something else?

debabyjesus

Rent relief has been steadily decreasing the last
few years.

Also changes to single parent tax credit this year, mainly affecting single fathers though.