Tax Refunds for Teachers

Apply for a Tax Refund Assessment

Teachers (including primary, secondary & tertiary teachers of all levels) are on one hand eligible for large refunds and extra tax credits. 

On the other hand, Teachers tax can also be amongst the most complex of PAYE workers, with salaries being paid from the department, school boards and other sources - often done incorrectly.

 What can be claimed?

Based on your occupation, Teachers get excellent employment expenses, which can be worth over €200 a year.

While Trade Union Subscriptions are not an allowable expense from 2011, they can still be claimed for years 2007-2010.

This is in addition to other tax credits you may be due, based on your circumstances which we will check for you.

Top Tax Tips for Teachers

If you are a Member of the I.N.T.O., you can receive 10% off our normal commission rate. Just Quote I.N.T.O. on your application.  The discount also applies to spouses and partners.

 

2011 - Pay changes for Teachers & Public Servants

 From Budget 2011, there are a number of changes that will impact your take home pay.

  • Most Tax Credits are reduced by 10%, which will increase your gross tax charge by at least €360 in the year for a single person. 
  • If you are married, the impact could be larger, depending on your spouses work situation.
  • Tax Bands are reduced.  This means more of your income will be taxed at the higher rate (41%)
  • The Trade Union Tax Credit is no longer allowed.  This will cost €70 over the year.
  • The Univeral Social Charge (USC) replaces the Health Levy and Income Levy.  This may in fact save you a bit.  But...
  • PRSI and the USC will be charged on Pension Contributions.  PRSI and Health Levy were not previously charged on pension contributions.

Make sure you don't miss out on your entitlements - Get a complete tax refund assessment with Red Oak Tax Refunds.

 

Addition Income / Rental Properties

If you have income from sources other than your Salary, or have rental properties, you are required to produce a Tax Return.  Contact Jennifer on 05991 73300 for a free estimate.

For more information

 


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