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Applied For Tuition Fee Tax Relief - Can Anyone Help Me Understand These Numbers?

  • 03-05-2015 10:18am
    #1
    UCDVet
    Closed Accounts Posts: 2,894 ✭✭✭


    Apologies - I missed the 'discarded amounts'. Trying to delete thread now :)


Comments

  • #2
    Pawwed Rig
    Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,430 CMod ✭✭✭✭Pawwed Rig


    There is no relief for the first €2,500 or so (depending on the year in question)


  • #3
    UCDVet
    Closed Accounts Posts: 2,894 ✭✭✭UCDVet


    Pawwed Rig wrote: »
    There is no relief for the first €2,500 or so (depending on the year in question)

    That was exactly it - for my years in question it ended up being:
    2012 - €2,250
    2013 - €2,500
    2014 - €2,750

    So the maximum relief of €7,000 - each of the above, means that for a single student and @ the .20 rate it's applied it the actual 'cash value' ends up being:
    2012 - 950
    2013 - 900
    2014 - 850

    I can't complain, it's more money than I would have had otherwise. In fairness to Revenue they were quite quick with the whole thing and their numbers were spot on.


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