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Prelim tax doesn't reflect ...

  • 16-10-2015 08:37AM
    #1
    eladnova
    Registered Users, Registered Users 2 Posts: 116 ✭✭


    Got my tax returns back from my Accountant this week.
    Based on higher than average 2014 income, my prelim for 2015 is quite high. I have a little more to pay for 2014 too.

    I know for a fact that my 2015 earnings will be about 2/3 of 2014 and so my prelim is overestimated.

    is it possible to mention this to Revenue and lower my 2015 prelim?


Comments

  • #2
    Immy
    Registered Users, Registered Users 2 Posts: 260 ✭✭Immy


    Prel tax is based on an estimate which can be 100% of 2014 or 90% of expected 2014 liability.

    So ring your accountant and have a chat about 2015 figures and tell him they are lower.


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