Galway TD Seán Canney has urged PAYE workers to review their tax liabilities every year, Galway Daily reports.
The Independent TD said €390 million was refunded to PAYE taxpayers in 2020 and so far this year, €57 million has been refunded for overpayment of income tax.
Deputy Canney said that these figures demonstrate that many PAYE taxpayers are ‘paying too much tax’ and not claiming their full entitlements in tax relief.
“It is also important to note that PAYE taxpayer can review their tax deducted for a period of the previous 4 years,” he said.
“People who work and are paying tax should take time to look at their expenses and outgoings as some of these expenses may be tax-deductible.”
Canney also said that people working remotely can claim up to 30 per cent of the cost of confirmed expenses for heating, electricity and internet services whilst working from home.
“People can check all the entitlement on the Revenue on-line system and also make claims for tax relief by registering on ‘My Account’ portal on the Revenue website.”
Source: Galway Daily
(Link and quotes via original reporting)
Galway TD Seán Canney has urged PAYE workers to review their tax liabilities every year, Galway Daily reports.
The Independent TD said €390 million was refunded to PAYE taxpayers in 2020 and so far this year, €57 million has been refunded for overpayment of income tax.
Deputy Canney said that these figures demonstrate that many PAYE taxpayers are ‘paying too much tax’ and not claiming their full entitlements in tax relief.
“It is also important to note that PAYE taxpayer can review their tax deducted for a period of the previous 4 years,” he said.
“People who work and are paying tax should take time to look at their expenses and outgoings as some of these expenses may be tax-deductible.”
Canney also said that people working remotely can claim up to 30 per cent of the cost of confirmed expenses for heating, electricity and internet services whilst working from home.
“People can check all the entitlement on the Revenue on-line system and also make claims for tax relief by registering on ‘My Account’ portal on the Revenue website.”
Source: Galway Daily
(Link and quotes via original reporting)