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What is tax position when Social Welfare has to be repaid

  • 11-04-2015 9:57am
    #1
    Registered Users, Registered Users 2 Posts: 12,888 ✭✭✭✭


    Take an example:

    In 2013, 8,000 (gross) worth of SW payments were claimed that should not have been claimed.

    The 8,000 was included in the 2013 tax return and because of other income, was taxed at the top rate so lets say 3,800 in tax was paid on the 8,000.

    The day of reckoning has arrived and the SW want their 8,000 back.

    Will the Revenue refund the 3,800?
    If so what is the procedure?
    Thanks

    “I can’t pay my staff or mortgage with instagram likes”.



Comments

  • Banned (with Prison Access) Posts: 45 Bobby Jones


    They will refund it.

    You'd amend your 2013 return in such circumstances.


  • Registered Users, Registered Users 2 Posts: 12,888 ✭✭✭✭Calahonda52


    They will refund it.

    You'd amend your 2013 return in such circumstances.

    Thanks, much obliged, Is that within the context of the four year rolling window for claiming stuff under PAYE.

    “I can’t pay my staff or mortgage with instagram likes”.



  • Banned (with Prison Access) Posts: 45 Bobby Jones


    Thanks, much obliged, Is that within the context of the four year rolling window for claiming stuff under PAYE.

    Yeah, just let Revenue know that the income was actually X.


  • Registered Users, Registered Users 2 Posts: 7,920 ✭✭✭cee_jay


    Moved to Taxation, as query is more re: tax than Social Welfare.


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