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

Single and Married tax credits are the same?

  • 16-07-2014 9:07am
    #1
    Registered Users, Registered Users 2 Posts: 85 ✭✭


    Hi guys.

    Just a quick question as I am not sure if I understand the personal tax credit right.
    So I was looking through my last year's P60 yesterday when I noticed that my cut off point is 33000 and the tax credit in total is 3300
    I am married, so I think that my cut off point should be at around 41500. Also in regards to the tax credit In total on my rebate I should be accounted for 3300 for the married credit and 1650 for the PAYE credit.
    I looked through the form my accountant submitted for us as a joint application for a rebate and there we getting 3300 credit for the two of us as a Personal credit and 3300 for the PAYE credit.
    I sent a mail to my accountant to see if this is right, but he tells me that the Married credit is 3300 which is the single credit applied twice since it is a joint application.
    Is this right?
    What I understand from the revenue's website is that the single tax credit is 1650 and the married 3300. There is no reference of the 3300 being applied to two person, or anything like that.

    Thanks for any comments.


Comments

  • Registered Users, Registered Users 2 Posts: 85 ✭✭szita2000


    Hi guys.

    So I got an explanation from the tax office.
    The Married tax credit is not double of the single.
    It means that I can use some of my wife's credit if she has spare left.

    This makes sense now.


Advertisement