P21 Balancing Statement & Med 1

Audi Baudi wrote: »

Hi I completed med 1 online on Tuesday for 2012, 2013, 2014, 2015 and while I was logged in I also requested a P21 Balancing Statement. The Balancing statement came through today and said that both my husband and I overpaid by just over 100 euro, However there is no mention of the Med 1 return I submitted, only on the overleaf sheet of the P21 'panel 4' and it shows the amount I should receive for Health Expenses but doesn't any where else ....does this mean I won't get med 1 expenses as an additional refund to P21 balancing Statement refund??

If the health expenses relief has been granted, it will appear in panel 4. It should be 20% of the amount of the claim.

Note, it is a tax relief, not a grant that you are automatically entitled to.

So for example, if the P21 Balancing statement shows that you have underpaid tax by say €80, and your health expenses RELIEF amounts to 100, then the €80 you have underpaid by is deducted, and you are refunded the difference of €20.

Check your balancing statement again, on page 1, where it shows the tax due and compare this to the total tax actually paid.