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contributory widows pension

  • 15-04-2015 10:16pm
    #1
    lennyloulou
    Registered Users, Registered Users 2 Posts: 344 ✭✭


    my husband of 34yrs died by suicide and I am currently sorting out money etc. It is a night mare. we both were working, no kids and I was told to apply for contributory widows pension. So I have this week. I was told that my wages would probably be taxed a lot more now ( My net is 600e) and that I would then get the pension. I have a lot of bills and loans. Just wondering has anyone any idea on this please


Comments

  • #2
    phormium
    Registered Users, Registered Users 2 Posts: 3,395 ✭✭✭phormium


    Firstly I am sorry for your loss.

    You will pay more tax because you will have more income, the pension is a taxable income so your tax credits will be reduced to take into account the extra source of income. If you are near a Citizens Information office you should pop in to talk to someone who can explain it or call their helpline.

    Were the loans in your husbands name? If so have you checked if there is any death benefit on them, like for example with some credit union loans. Possibly again Citizens Info could give you advice in this regard.


  • #3
    wench
    Registered Users, Registered Users 2 Posts: 1,663 ✭✭✭wench


    You can claim extra tax credits for a number of years after being widowed, which should help offset the increase in tax.
    http://www.revenue.ie/en/tax/it/leaflets/it1.html#section1


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