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

Should I apply for a P21?

  • 10-04-2014 3:57pm
    #1
    seoirsem
    Registered Users, Registered Users 2 Posts: 194 ✭✭


    I had 2 prolonged absences from work last year which required welfare supplements. Myself and my wife are both PAYE workers. Is there a chance we've paid too much in tax last year on account of my absences? I'm absolutely clueless when it comes to tax credits etc...


Comments

  • #2
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    Welfare is taxable income.

    I would guess that a P21 would result in payments owed to Revenue.


  • #3
    allthedoyles
    Registered Users, Registered Users 2 Posts: 6,893 ✭✭✭allthedoyles


    Yes you should always apply for P21 , but its up to you .

    If your employer was paying you , the deductions should work out okay , as SW would have notified them to adjust tax credits .

    If you were just been paid SW , then your tax credits would cover the taxable cost ,

    Only way to find out for sure is ask for P21 , or maybe post some figures in the tax calculation thread , and you would get help there .

    Only figures required are :
    gross pay for year
    tax paid
    SW for year

    plus your personal circumstances , ie married single etc .


  • #4
    barneystinson
    Registered Users, Registered Users 2 Posts: 4,685 ✭✭✭barneystinson


    allthedoyles wrote: »
    Yes you should always apply for P21 , but its up to you .

    If your employer was paying you , the deductions should work out okay , as SW would have notified them to adjust tax credits .

    If you were just been paid SW , then your tax credits would cover the taxable cost ,

    Only way to find out for sure is ask for P21 , or maybe post some figures in the tax calculation thread , and you would get help there .

    Only figures required are :
    gross pay for year
    tax paid
    SW for year

    plus your personal circumstances , ie married single etc .

    You start off with a definitive statement, yes you should always apply for P21. But what if that results in tax owing?!

    Surely the definitive statement should be, you (or someone who knows how to) should calculate whether you are entitled to a tax refund, and IF YOU ARE you should apply for a P21.


Advertisement