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Children got P-60's for contributory pension

  • 09-05-2015 5:18pm
    #1
    eagle eye
    Registered Users, Registered Users 2 Posts: 39,459 ✭✭✭✭


    A fried of mine was asking me what he should do about this. Unfortunately his wife passed away almost two years ago.

    Last week his two young(6 and 3 year olds) children both got P-60's in the post as they are both receiving a contributory pension. He told me that they were paying emergency tax. He really hasn't a clue what he should or needs to do for them.

    Can anybody enlighten me please and I'll pass along the information.

    Apologies if I've posted this in the wrong place.


Comments

  • #2
    tinkerbell
    Registered Users, Registered Users 2 Posts: 6,423 ✭✭✭tinkerbell


    Call up the Revenue and they'll advise him.


  • #3
    pwurple
    Closed Accounts Posts: 12,449 ✭✭✭✭pwurple


    The solicitor who dealt with the inheritance may also be able to advise. Last time I spoke to mine about our will, we made provisions for a trust for the children. The trust then pays the tax.

    I'd suggest talking to revenue and also a solicitor or tax consultant about the best course of action.


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