Dealing with Revenue

aoifemrtn

Hi,

I was hoping that someone out there could give me some advice. I owe the Revenue 4K. It might not seem like much, but when you don't have it, it's a lot and I don't have it.

I emailed the Collector General's office and offered to pay the money back at a rate of 20 euro per week (which is what I can afford at the moment). I have subsequently received an email from them telling me they would like the money paid in full by October 2014.

My question is this. How flexible are the Revenue Comissioners? Is it worth going back to them to re-negotiate? Or would it be better to try and take out a bank loan for the amount & then just repay the bank. I would prefer not to do this as I will end up paying an extra 800 euro in interest rates. However, I don't like the idea of having a debt over my head.

Believe me, if I could pay the full amount I would.

I would be grateful for any advice that any of you may have.

Many thanks,
Aoife.

barneystinson

aoifemrtn wrote: »

Hi,

I was hoping that someone out there could give me some advice. I owe the Revenue 4K. It might not seem like much, but when you don't have it, it's a lot and I don't have it.

I emailed the Collector General's office and offered to pay the money back at a rate of 20 euro per week (which is what I can afford at the moment). I have subsequently received an email from them telling me they would like the money paid in full by October 2014.

My question is this. How flexible are the Revenue Comissioners? Is it worth going back to them to re-negotiate? Or would it be better to try and take out a bank loan for the amount & then just repay the bank. I would prefer not to do this as I will end up paying an extra 800 euro in interest rates. However, I don't like the idea of having a debt over my head.

Believe me, if I could pay the full amount I would.

I would be grateful for any advice that any of you may have.

Many thanks,
Aoife.

You may be able to enter a phased payment arrangement with them, but that would involve paying interest as well, and generally they'd require no longer than a 2-year term.

What kind of tax is it? Are you a PAYE taxpayer? If so you may be able to pay it by having your tax credits reduced over several years, and thereby avoid paying interest.

aoifemrtn

barneystinson wrote: »

You may be able to enter a phased payment arrangement with them, but that would involve paying interest as well, and generally they'd require no longer than a 2-year term.

What kind of tax is it? Are you a PAYE taxpayer? If so you may be able to pay it by having your tax credits reduced over several years, and thereby avoid paying interest.

Thank you for replying.

Yes, I am a PAYE worker. I was a crossborder worker who moved jobs back to the south half way through the year. So, without realising they did it, Revenue gave me my full tax credits for the year in question (and not the 6 months I'd been working in the South). Therefore I didn't pay enough tax on my PAYE income)


Aoife.

barneystinson

aoifemrtn wrote: »

Thank you for replying.

Yes, I am a PAYE worker. I was a crossborder worker who moved jobs back to the south half way through the year. So, without realising they did it, Revenue gave me my full tax credits for the year in question (and not the 6 months I'd been working in the South). Therefore I didn't pay enough tax on my PAYE income)


Aoife.

Well if you're going to continue to be working and paying tax through PAYE here, they should be able to collect by restricting your credits.

aoifemrtn

barneystinson wrote: »

Well if you're going to continue to be working and paying tax through PAYE here, they should be able to collect by restricting your credits.

Thanks, I'll get back to them with this suggestion.

A.

drunkmonkey

Give them a ring rather than email them they might be easier to deal with. I find them good on the phone when you need them.

aoifemrtn

drunkmonkey wrote: »

Give them a ring rather than email them they might be easier to deal with. I find them good on the phone when you need them.

Will do. Thanks for the advice.

A.