Today the tax day - revenue.

mea_k · 15-01-2021 8:44am #1

Today is the day that all pup and wage subsidy receivers are ment to get bill from revenue. Anyone received it yet?

padraig.od · 15-01-2021 9:34am

Revenue website is up and down for me

Busi_Girl08 · 15-01-2021 9:43am

Still no SOL for 2020 unless it will be after 9?

I went in to check through the review section and when I clicked 'view' it said "we are processed your request and your SOL will be available after January 15th. I dont know if I did it arseways and submitted my tax return for 2020 too early and now I'll have to wait?

I'm applying for the HTB so was anxious to get it done.

The Mighty Quinn · 15-01-2021 9:47am

I tried to check now, and the site seems to be down, but I was logged in before 7 this morning, and it I took a look and my preliminary SOL was there for 2020.

They're telling me I've overpaid for 2020 and I'm due a refund, which I'm baffled about. I received EWSS/TWSS for 4 or 5 months.

mea_k · 15-01-2021 9:59am

Yes I checked earlier nothing. Now its down so I'd say because they trying to issue them plus people logging in constantly too much traffic in it

Sheeps · 15-01-2021 11:27am

The Mighty Quinn wrote: »

I tried to check now, and the site seems to be down, but I was logged in before 7 this morning, and it I took a look and my preliminary SOL was there for 2020.

They're telling me I've overpaid for 2020 and I'm due a refund, which I'm baffled about. I received EWSS/TWSS for 4 or 5 months.

Sounds like your employer submit the wrong payroll data.

shmeee · 15-01-2021 11:33am

Anyone who completed their income tax return for 2020, their statement of liability won't be available until around afternoon / evening time.

Preliminary end of year statements will issue throughout the course of the morning.

Akrasia · 15-01-2021 2:44pm

Site is completely available for me every time I've tried to check it (4 or 5 times so far)

Pauliedragon · 15-01-2021 3:08pm

I managed to get on but where on the site can you check for any tax owed for 2020? I've been on PUP for most of the year.

jrmb · 15-01-2021 3:10pm

mea_k wrote: »

Today is the day that all pup and wage subsidy receivers are ment to get bill from revenue. Anyone received it yet?

The website can't use my MyGovID password. It's not wrong, but they apparently they can't check.

Darc19 · 15-01-2021 3:17pm

I can't see the issue anyone can have.

If you were claiming normal jobseekers allowance, that would be taxed too.

At the end of the day, no one is paying any additional taxes and anyone that was on the pup all year will have no tax due or a miniscule amount.

The Diddakoi · 15-01-2021 3:28pm

Pauliedragon wrote: »

I managed to get on but where on the site can you check for any tax owed for 2020? I've been on PUP for most of the year.

PAYE services, Review your tax 2017-2020, click on request your Preliminary End of Year Statement

The Mighty Quinn · 15-01-2021 3:40pm

Pauliedragon wrote: »

I managed to get on but where on the site can you check for any tax owed for 2020? I've been on PUP for most of the year.

Review your tax 2017-2020 button should be on the home page when you log in.

meath4sam · 15-01-2021 3:43pm

I received 700 illness benefit 2 weeks and 1750 in PUP 5 weeks. Total 2450 liable to tax.
I got a bill for 865 under paid tax. Is this due to the fact I worked every other week of the year and the 2450 would be in the 40% tax bracket?

mickdw · 15-01-2021 3:45pm

Darc19 wrote: »

I can't see the issue anyone can have.

If you were claiming normal jobseekers allowance, that would be taxed too.

At the end of the day, no one is paying any additional taxes and anyone that was on the pup all year will have no tax due or a miniscule amount.

What about the situation where someone worked all through yet was having their wages supported by government. There were lots of employees in private sector who got pay cuts even though still working every day and having a large portion of the wages paid by government. These people took home less than normal due to employer basically getting free labour and are now going to have to pay tax. Employee loses out. Employer is the winner.

Foweva Awone · 15-01-2021 3:55pm

shmeee wrote: »

Anyone who completed their income tax return for 2020, their statement of liability won't be available until around afternoon / evening time.

Preliminary end of year statements will issue throughout the course of the morning.

Thanks for this. Any idea when refunds will actually be paid?

Siobh73 · 15-01-2021 3:56pm

Darc19 wrote: »

I can't see the issue anyone can have.

If you were claiming normal jobseekers allowance, that would be taxed too.

At the end of the day, no one is paying any additional taxes and anyone that was on the pup all year will have no tax due or a miniscule amount.[/quote

What if you worked harder than ever during lockdown due to other staff working remotely or isolating for health reasons and now find yourself with a tax bill for thousands of euro??

15-01-2021 3:58pm

its possible that people who were put on the employment scheme by their employers will owe more tax this year. If they were paid the same net then they owe the difference between what the employer paid and their topup will be taxed.

shmeee · 15-01-2021 4:37pm

Foweva Awone wrote: »

Thanks for this. Any idea when refunds will actually be paid?

A refund to the taxpayer? As in an overpayment of income tax in 2020?

Foweva Awone · 15-01-2021 4:38pm

shmeee wrote: »

A refund to the taxpayer? As in an overpayment of income tax in 2020?

Yes.

AndOne · 15-01-2021 4:41pm

Siobh73 wrote: »

Darc19 wrote: »

I can't see the issue anyone can have.

If you were claiming normal jobseekers allowance, that would be taxed too.

At the end of the day, no one is paying any additional taxes and anyone that was on the pup all year will have no tax due or a miniscule amount.[/quote

What if you worked harder than ever during lockdown due to other staff working remotely or isolating for health reasons and now find yourself with a tax bill for thousands of euro??

So salty Siobhan,

I've overpayed by some 835 euro as at the start of the year your tax presumes you'll make over a certain number and calculates tax for the year per week.

Ergo I was taxed in the higher bracket all year up to when I was put on the pup for 4 months.

I've just been told that even though it says i'm owed 835 euro apparently that's not final and may end up owing them money not sure how or why they'd
be able to change anything after i've agreed with their judgement but we wait and see?

shmeee · 15-01-2021 4:51pm

mickdw wrote: »

What about the situation where someone worked all through yet was having their wages supported by government. There were lots of employees in private sector who got pay cuts even though still working every day and having a large portion of the wages paid by government. These people took home less than normal due to employer basically getting free labour and are now going to have to pay tax. Employee loses out. Employer is the winner.

It was flagged that employees were not paying the correct income tax while on the TWSS and to leave an amount aside at the time. Some employees even got refunds back in tax on their payslips as many were placed on a week 1 / month 1 tax basis. People must have had their head in the sand if they taught they could get a wage and not pay tax on such, it's like any other welfare / support payment received. TWSS was rolled out quickly to get money into peoples pockets and keep businesses afloat. EWSS now operates again on real time PAYE basis for employees and employees are no longer on J9 PRSI class.

Is the wage subsidy taxable on the employee?

The payments are liable to income tax and USC; however, the subsidy is not taxable in real-time through the PAYE system during the period of the Subsidy scheme. Instead the employee will be liable for tax and USC on the subsidy amount paid to them by their employer by way of review at the end of the year.

With the continuation of the TWSS to the end of August 2020, and to mitigate the possible impact on the employee end of Year review placed all employees that received payments under either the TWSS or the DEASP Pandemic Unemployment Payment on a ‘non-cumulative’ Week 1 basis.

Updated RPNs, reflecting the Week 1 basis, were available in ROS from 21 June 2020. It is important that employers utilise the most up to date Revenue Payroll Notification (RPN) when running payroll so that employees are correctly switched to the Week 1 basis as quickly as possible. Where an employee is already on the Week 1 basis no further action is needed.

When an end of the year review takes place, it may be the case that an employee’s unused tax credits will cover any further liability that may arise. Where this is not the case, and should an Income Tax liability arise, it is normal Revenue practice to collect any tax owing in manageable amounts by reducing an individual’s tax credits for a future year(s) in order to minimise any hardship. Additionally, if an individual has any additional tax credits to claim, for example health expenses, this will also reduce any tax that may be owing.

In 2021, Revenue will make available the employee’s Preliminary End of Year Statement and following the
employee’s completion of their 2020 income tax return, Revenue will generate the employee’s Statement of Liability for the tax year 2020. The employee can then pay this liability in full or partially when due. Any remaining unpaid liability balance will be collected by reducing the employee’s tax credits from tax year 2022.

shmeee · 15-01-2021 4:53pm

Foweva Awone wrote: »

Yes.

Any overpayments with be processed as soon as possible.

I take it you've completed your income tax return for 2020 then?

hope80 · 15-01-2021 4:53pm

Darc19 wrote: »

I can't see the issue anyone can have.

If you were claiming normal jobseekers allowance, that would be taxed too.

At the end of the day, no one is paying any additional taxes and anyone that was on the pup all year will have no tax due or a miniscule amount.

My issue is that because my employer availed of the subsidy they were only allowed to pay me my average net pay and now I am going to be landed with a tax liability on this so technically i have taken a pay cut while still working to the same level throughout the year. My husband is in the same situation so its a large hit to our household. I have no problem paying taxes etc on money I earn but this is totally unfair on how it was roled out.

Cash_Q · 15-01-2021 4:53pm

Do you need to submit something on ROS or is it an automated notification for those who received WSS or similar?

jrosen · 15-01-2021 4:56pm

I’ve been trying to log on and can’t get on. Tried about 5 times. I’ll try again later.

hope80 · 15-01-2021 4:57pm

shmeee wrote: »

It was flagged that employees were not paying the correct income tax while on the TWSS and to leave an amount aside at the time. Some employees even got refunds back in tax on their payslips as many were placed on a week 1 / month 1 tax basis. People must have had their head in the sand if they taught they could get a wage and not pay tax on such, it's like any other welfare / support payment received. TWSS was rolled out quickly to get money into peoples pockets and keep businesses afloat. EWSS now operates again on real time PAYE basis for employees and employees are no longer on J9 PRSI class.

Is the wage subsidy taxable on the employee?

The payments are liable to income tax and USC; however, the subsidy is not taxable in real-time through the PAYE system during the period of the Subsidy scheme. Instead the employee will be liable for tax and USC on the subsidy amount paid to them by their employer by way of review at the end of the year.

With the continuation of the TWSS to the end of August 2020, and to mitigate the possible impact on the employee end of Year review placed all employees that received payments under either the TWSS or the DEASP Pandemic Unemployment Payment on a ‘non-cumulative’ Week 1 basis.

Updated RPNs, reflecting the Week 1 basis, were available in ROS from 21 June 2020. It is important that employers utilise the most up to date Revenue Payroll Notification (RPN) when running payroll so that employees are correctly switched to the Week 1 basis as quickly as possible. Where an employee is already on the Week 1 basis no further action is needed.

When an end of the year review takes place, it may be the case that an employee’s unused tax credits will cover any further liability that may arise. Where this is not the case, and should an Income Tax liability arise, it is normal Revenue practice to collect any tax owing in manageable amounts by reducing an individual’s tax credits for a future year(s) in order to minimise any hardship. Additionally, if an individual has any additional tax credits to claim, for example health expenses, this will also reduce any tax that may be owing.

In 2021, Revenue will make available the employee’s Preliminary End of Year Statement and following the
employee’s completion of their 2020 income tax return, Revenue will generate the employee’s Statement of Liability for the tax year 2020. The employee can then pay this liability in full or partially when due. Any remaining unpaid liability balance will be collected by reducing the employee’s tax credits from tax year 2022.

I think that is quite an unfair statement, its nothing got to do with having our heads in the sand. We did not chose not to pay our taxes at the time, we did not chose to only be paid our net wages instead of gross. Revenue made the decision that our employers could only pay us nett which enforced a probable 20% pay cut on anyone whose employer availed of the scheme

Foweva Awone · 15-01-2021 4:57pm

shmeee wrote: »

Any overpayments with be processed as soon as possible.

I take it you've completed your income tax return for 2020 then?

Yep submitted it 1st of January. Not paid til the end of this month, and we were paid early in December so I'm really feeling that post-Christmas poverty... The refund would help a lot!!!

AndOne · 15-01-2021 5:00pm

hope80 wrote: »

I think that is quite an unfair statement, its nothing got to do with having our heads in the sand. We did not chose not to pay our taxes at the time, we did not chose to only be paid our net wages instead of gross. Revenue made the decision that our employers could only pay us nett which enforced a probable 20% pay cut on anyone whose employer availed of the scheme

20% pay cut

Poor you, I took an 80% pay cut and was taxed on that too.

We were all shafted.

Lets get on with it!

The Mighty Quinn · 15-01-2021 5:01pm

Foweva Awone wrote: »

we were paid early in December so I'm really feeling that post-Christmas poverty... The refund would help a lot!!!

It was the best of times, it was the worst of times

I am exactly the same.

Laura99 · 15-01-2021 5:05pm

meath4sam wrote: »

I received 700 illness benefit 2 weeks and 1750 in PUP 5 weeks. Total 2450 liable to tax.
I got a bill for 865 under paid tax. Is this due to the fact I worked every other week of the year and the 2450 would be in the 40% tax bracket?

Certainly seems like it, it's seems you earned around 35300 last year in wages, pushing most of the above payments into the 40% tax bracket.

meath4sam · 15-01-2021 5:10pm

Laura99 wrote: »

Certainly seems like it, it's seems you earned around 35300 last year in wages, pushing most of the above payments into the 40% tax bracket.

Thanks for response I am joint assessed with wife and total earning close to 100k.
Is it right to pay 40% on this payment meaning government tell you we are giving you 350 but really it’s only the standard 200

I always new it was liable to tax but didn’t expect 40%

shmeee · 15-01-2021 5:15pm

Foweva Awone wrote: »

Yep submitted it 1st of January. Not paid til the end of this month, and we were paid early in December so I'm really feeling that post-Christmas poverty... The refund would help a lot!!!

Keep an eye on your bank account, could pop in anytime.

I done one a year or 2 back and the money was in my bank account about 5 days later after I received the Statement of Liability into My Documents on myAccount.

And as for the time I owed a few thousand... That was broken up over 2 years and wasn't too bad overall. (Employer made a mess of payroll and I flagged it with them multiple times and even the Revenue send them new RPN's with my details and they still literally used old details for me, fair annoying at the time. But the repayment plan through tax credits was ideal and you'd barely notice it TBH)

Laura99 · 15-01-2021 5:22pm

meath4sam wrote: »

Thanks for response I am joint assessed with wife and total earning close to 100k.
Is it right to pay 40% on this payment meaning government tell you we are giving you 350 but really it’s only the standard 200

Ok I get ya, so you are well into the 40% tax bracket so! Yeah, I don't know what I feel about the ethics of it all, what's right and wrong for the government to do. I like to think of it as a wage, if you were getting wages from a company for that amount those weeks, you'd also be paying 40% tax on it anyways. But what I will say is that normal JSA and JSB is taxed also, it's just not don't at source, it's done by reducing your tax credits and srcop also but the amount is normally so small, it doesn't reach the taxable allowance limited or is not noticed.

So my basic understanding is that if I start 2021 on benefits for say €200 for 5 weeks and then go back to work, my yearly srcop will be reduced by €1000 and my tax credits by €100. So all benefits are taxed but just normally, it's so low, it's not noticed. And if you were on the same benefits for the last 5 weeks of the year and apply for your tax return, it would be the same, you would probably owe money because your tax credits and srcop would be reduced.

*** I think! It's been a while since I've studied payroll, so apologise if anything is wrong or has been changed!!

happyperson123 · 15-01-2021 5:38pm

Hi All,

I was on TWSS for a few months, so I will owe tax. I claimed my working from home since March & also my medical expense in early Jan. Does anyone know will this be offset against my bill or will I get a cash refund?

Cant see my SOL yet, saying will be available after Jan 15th.

The Diddakoi · 15-01-2021 5:41pm

happyperson123 wrote: »

Hi All,

I was on TWSS for a few months, so I will owe tax. I claimed my working from home since March & also my medical expense in early Jan. Does anyone know will this be offset against my bill or will I get a cash refund?

Cant see my SOL yet, saying will be available after Jan 15th.

Any refund due will be offset against any underpayment of tax

meath4sam · 15-01-2021 5:45pm

How much credit can you get for working from home.

Foweva Awone · 15-01-2021 5:47pm

meath4sam wrote: »

How much credit can you get for working from home.

Feck all!! Basically work out 30% of your broadband and 10% of your electricity and heating.... You'll get back only 20% of that.

Still better than nothing I guess...

The Diddakoi · 15-01-2021 5:48pm

meath4sam wrote: »

How much credit can you get for working from home.

Full details here:

https://www.revenue.ie/en/jobs-and-pensions/eworking/index.aspx

ted1 · 15-01-2021 5:49pm

meath4sam wrote: »

Thanks for response I am joint assessed with wife and total earning close to 100k.
Is it right to pay 40% on this payment meaning government tell you we are giving you 350 but really it’s only the standard 200

I always new it was liable to tax but didn’t expect 40%

Why would you think it’s not taxed at the relevant rate. Any income over your threshold will be at the higher rate.

ted1 · 15-01-2021 5:49pm

Foweva Awone wrote: »

Feck all!! Basically work out 30% of your broadband and 10% of your electricity and heating.... You'll get back only 20% of that.

Still better than nothing I guess...

Or40%

shoes43 · 15-01-2021 5:51pm

I just checked on my account and I owe €1292 I have been working since last March and was getting my full wages and payslips until June when there was a sudden change of a few hundred in my pay and then in September it went back to what I had been getting. Its all so confusing but I think it is 2022 before they start to deduct the amount owed (I think I read that somewhere) or can you pay the whole lot in one go ?

It looks like I could be out of a job for February and March and this would mean the PUP and I guess I would also have to pay tax on that at some stage.

happyperson123 · 15-01-2021 5:54pm

Thanks, thought i heard they won't touch any monies owed until 2022. Better off with the head start i suppose

15-01-2021 5:57pm

happyperson123 wrote: »

Thanks, thought i heard they won't touch any monies owed until 2022. Better off with the head start i suppose

Given the choice (assuming funds were available) I'd rather pay it all up front than let it sit. At least i know what my financial situation is now; god knows what it'll be like in 2022.

happyperson123 · 15-01-2021 5:58pm

[Deleted User] wrote: »

Given the choice (assuming funds were available) I'd rather pay it all up front than let it sit. At least i know what my financial situation is now; god knows what it'll be like in 2022.

My same thoughts ðŸ™ˆ

meath4sam · 15-01-2021 6:02pm

ted1 wrote: »

Why would you think it’s not taxed at the relevant rate. Any income over your threshold will be at the higher rate.

I always knew I had to pay tax on it but at 40% the benefit of going from standard dole 200 to 350 PUP was in theory just a loan of the extra 150.

um7y1h83ge06nx · 15-01-2021 6:06pm

One painful thing is that if you have several years of underpayment it could all build up if they just adjust your credits.

I had an underpayment in the tax year 2019 and my credits are adjusted by about €800 for both 2021 and 2022.

For the tax year of 2020 I expect to underpay by at least €2k in total - so adjustments of about €1000 for both 2022 and 2023.

That would mean that next year I get hit by 2 adjustments.

Cash_Q · 15-01-2021 6:14pm

jrosen wrote:

Iâ€™ve been trying to log on and canâ€™t get on. Tried about 5 times. Iâ€™ll try again later.

Same here. Will probably just leave it til tomorrow

2Mad2BeMad · 15-01-2021 6:25pm

Managed to log in,
Says statement of liability is available
when I click view it says they are still processing it and it will be available after the 15th of jan

Guess it be tomorrow or monday by the time I get it.

Expecting to have underpaid over 2k.

gordongekko · 15-01-2021 6:26pm

Foweva Awone wrote: »

Feck all!! Basically work out 30% of your broadband and 10% of your electricity and heating.... You'll get back only 20% of that.

Still better than nothing I guess...

It works out less than that. You can only claim for the days you work from home which will be for most people 20 days while the bill is for 30 or 31 days.

What you have to do is get the bills for the year multiply it by the number of days you worked from home and divide the answer by 365 and then get 10% of the answer

Buddy Bubs · 15-01-2021 6:40pm

hope80 wrote: »

My issue is that because my employer availed of the subsidy they were only allowed to pay me my average net pay and now I am going to be landed with a tax liability on this so technically i have taken a pay cut while still working to the same level throughout the year. My husband is in the same situation so its a large hit to our household. I have no problem paying taxes etc on money I earn but this is totally unfair on how it was roled out.

It was rushed out and it wasn't perfect. I was on the scheme so i too will have a tax bill, but I also administered the running of it for the company. 70 odd employees. Some are going to be giving out about this tax, guaranteed. As if its my fault they've to pay it. Thats the line that will be taken.
The reality is, there were very real discussions taking place about which employees would be laid off before the subsidy scheme was announced.
Would it be the younger guys, maybe still living at home with no bills...would it be the newest members of staff...would it be the ones who were least productive.....in the end there were no layoffs, we topped up to full net pay, some worked harder than others during this time and business eventually came back as usual up to this month.
Our company was down 1 million in turnover from March to May, no way could we sustain every position ourselves.
I'd imagine there were similar discussions in your workplace.
Better to have tax bill now at a fiver or tenner a week than be laid off.....and I was personally at zero risk of layoff but happy to share the small amount of pain with everyone.

Today the tax day - revenue.

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