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RCT

  • 30-04-2017 10:53am
    #1
    kmccarthy247
    Registered Users, Registered Users 2 Posts: 24 ✭


    Hello. From last year I started working on the RCT at 20%. From what I was told that was all my taxes that I would owe in total. Anyway I just logged onto Ros and it says that I'm in liability of nearly minus 4500e. Now I'm not sure what's going on here. Does this mean I owe them or do they owe me?


Comments

  • #2
    CIARAN_BOYLE
    Registered Users, Registered Users 2 Posts: 14,599 ✭✭✭✭CIARAN_BOYLE


    kmccarthy247 wrote: »
    Hello. From last year I started working on the RCT at 20%. From what I was told that was all my taxes that I would owe in total. Anyway I just logged onto Ros and it says that I'm in liability of nearly minus 4500e. Now I'm not sure what's going on here. Does this mean I owe them or do they owe me?

    Looks like you are in credit of 4500.

    Obviously you won't get any of that back unless you are up to date with all other tax heads in terms of filing returns.

    If you haven't filed a 2016 tax return you probably owe revenue an amount which will be less than the rest and and will be offset against that.


  • #3
    kmccarthy247
    Registered Users, Registered Users 2 Posts: 24 ✭kmccarthy247


    CIARAN_BOYLE wrote: »
    Looks like you are in credit of 4500.

    Obviously you won't get any of that back unless you are up to date with all other tax heads in terms of filing returns.

    If you haven't filed a 2016 tax return you probably owe revenue an amount which will be less than the rest and and will be offset against that.

    Thanks for clearing that up. I'll be getting in touch with an accountant this week.


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