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
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Handy formula fo claiming back WFH 10% tax

  • 13-11-2020 2:31pm
    #1
    veryangryman
    Registered Users, Registered Users 2 Posts: 5,707 ✭✭✭


    Has anyone a decent reckoner for this that can be used if i have my numbers ready


Comments

  • #2
    JustAThought
    Registered Users, Registered Users 2 Posts: 5,324 ✭✭✭JustAThought


    veryangryman wrote: »
    Has anyone a decent recconer for this that can be used if i have my numbers ready

    Dunno exactly what you mean by this but I’d be working on a full gas/heat bill basis ie 8 hours a day not a percentage of an old bill which might reflect summertime use or only minimal use to
    take the edge off the cold while you are out of the
    house.

    I got badly stung one by being asked for a calculation based on units (which I provided) - this dosn’t take in account that half the bill is taxes/surcharges based on unit use, green taxes and vat - amongst other taxes.

    Also lightbulbs run at e10 each - I’d be edging to get one of these on the bill too for my light use.


  • #3
    Smee_Again
    Registered Users, Registered Users 2 Posts: 2,148 ✭✭✭Smee_Again


    Its pretty straightforward; (total allowable bills x # of remote days)/365, and for Electricity & Heating it's 10% of that total and for broadband it's 30%. Add those together and multiply by your tax rate to get your tax credit value.


  • #4
    ClaptonBay
    Registered Users, Registered Users 2 Posts: 188 ✭✭ClaptonBay


    Think I seen on Eoin McGees instagram account he was saying the utility bills have to be in your name to make the claim? Can anyone clarify?


Advertisement