Tax Refunds for PAYE workers
YOU MAY BE ENTITLED TO TAX RELIEF ON :
- Mortgage interest for the house in which you live– if you bought your first house within the last 7 years
- Medical Expenses 20% of the amount paid.
- Not apply to routine dental and optical work
- Nursing home, maternity
- Keep receipts
- Claim VHI/BUPA first
- Form Med 1 available from Revenue
- Medical insurance paid on your behalf by your employer.
- Wheelie bin charges (amount paid by 20%) capped at €80
- If you are renting accommodation
- If you have paid a pension (barring one paid through your employer’s payroll).
- Trade union subscriptions- €70 per year
- Professional subscriptions and any expenditure necessary for your job e.g. Medical indemnity for doctors
- Certain College fees – course must be over 2 years.- approved college
- Certain donations to charities and sports bodies
- Over 65s can earn up to €20,000 if single and €40,000 if married free of Income Tax and Income Levy. If you are over 65 and in receipt of a pension / deposit interest you may be entitled to a refund.
- Certain trades are entitled to flat rate expenses eg. a nurse who provides and washes her own uniforms gets €733 x 20% = €146 per annum.
- You may also be entitled to relief if you are married and the lower earning spouse is earning less than €27,400 or is not working at all.
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