Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Prelim tax doesn't reflect ...

Options
  • 16-10-2015 8:37am
    #1
    eladnova
    Registered Users 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

  • Options
    #2
    Immy
    Registered Users 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.


Advertisement