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How much of a refund will I get?

honeybear · 2014-11-15 00:24:01

Just getting up to speed on taxes (14 years too late!) as I always wondered why I was paying so much in taxes relative to my colleagues. Discovered I was on the wrong rate for Flat Rate Expenses. My FRE were 175 euro but should have been 518 euro. Submitted amended rate to Revenue. As I can claim for 2010, 2011, 2012, 2013…

15-11-2014 12:24am

#1

honeybear

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Just getting up to speed on taxes (14 years too late!) as I always wondered why I was paying so much in taxes relative to my colleagues.
Discovered I was on the wrong rate for Flat Rate Expenses. My FRE were 175 euro but should have been 518 euro. Submitted amended rate to Revenue. As I can claim for 2010, 2011, 2012, 2013 & 2014, what refund will I get?

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Comments

#2 15-11-2014 12:56pm

nompere

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For each year it's €518 less €175 = €343. €343 @ 20% = €68.60.

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#3 15-11-2014 5:23pm

honeybear

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Thank you nompere!

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#4 17-11-2014 11:30am

cruais

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Im sorry to jump in on you thread.

I submitted an application for medical costs tax refund.

Roughly how long is the wait?

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#5 17-11-2014 11:33am

goldenhoarde

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Hi cruais

I submitted mine on Friday and got the mail today saying I had correspondence. When I logged in my P21 was there saying I would get a payment to my bank so that should be in the next day of two.

Note I do it all online so might be quicker responses due to that

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