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3 Tax Refunds Teachers Are Missing Out On

Written by Administrator on April 1, 2015

It’s mid term and don’t you know all the teachers are out having fun – maybe sunning themselves in the South of Spain or having a staycation somewhere closer to home. Well….maybe that’s what all us non-teachers think, but my sister is a teacher and in all honesty she spends most of her mid-term prepping for the coming term or even sometimes marking student’s work! Not how I would like to spend my holidays!

But, one thing they should be doing

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A Student’s Guide to Claiming Tax

Written by Administrator on March 25, 2015

Let’s face it. As a student, more often than not you are living on a shoestring budget. Between books, nights out and rent/board, it can be a bit of a financial struggle.

So, like many others, you might have a part-time job – or two, or three! – which gives the bank balance a bit of a boost. But it still seems like a lot of your pay is going to the tax man.

Students are often the worst for claiming back

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6 Things We Love About Ireland

Written by Administrator on March 11, 2015

It’s a little bit of a contradiction – an Aussie writing a post about Paddy’s Day in Ireland – but after living in this beautiful country for over 4 years, there’s so many things of pure Irishness that I have come to love. And…you simply wouldn’t find anywhere else in the world!

So, to celebrate Paddy’s day, I asked around the office for our team to give me their example of pure Irishness – whether it’s a memory from their childhood,

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Top 5 Jobs for getting Tax Refunds

Written by Administrator on March 5, 2015

One question I hear a lot is ‘Why did my friend get a larger refund than me?’.  Well….how long is a piece of string? Really, the answer to that question is far from straightforward, as differences in refunds can be due to any amount of reasons.

What we find is people of a similar age and circumstances are often confused as to why their friends got a better refund and really one of the major reasons can be the type of job they’re

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Case Study: Where Revenue can get it wrong with Social Welfare

Written by Administrator on February 24, 2015

Last week, Sarah took a look at the ways Social Welfare can affect your tax bill – which in many cases could mean you owe Revenue additional taxes. However, I recently had a client where quite the opposite happened and resulted in a refund of over €7,000! So, I thought it was worth sharing.

The client had been receiving the One Parent Family Payment until 2009 when her daughter turned 18 years old. Given this is a taxable source of social

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How Social Welfare can affect your Tax Bill

Written by Administrator on February 19, 2015

Many of our clients have received some sort of social welfare income over the years and it always seems to be a key area of confusion when it comes to how it affects their taxes. Some have gone ahead and requested a P21 to see if they are due a refund, only to receive notification that they owe Revenue additional taxes.

Here, I take a look at four key ways social welfare income can affect your tax bill.

1. Most Social Welfare

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Claiming tax relief for Medical Expenses: Myth Buster

Written by Administrator on February 5, 2015

We all have medical expenses of some nature – maybe the odd trip to the doctor or a prescription to treat a niggling flu – but I’m amazed by the amount of people who don’t bother to check if they can claim tax relief on them. I don’t know about you, but if there’s any possibility of claiming some of my taxes back, I’m up for it!

In short, you may claim tax relief of 20% on the cost of certain

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Claiming the Single Person Child Carer Tax Credit: A Simple Guide

Written by Administrator on January 27, 2015

It was good while it lasted – but gone are the days when both parents could claim the One Parent Family Tax Credit (OPFTC) if they weren’t co-habiting and the child stayed with you at least one night during the year.

From the 1st January 2014, the OPFTC was replaced with the Single Person Child Carer Credit (SPCCC). The key difference between them is that only one parent can claim the credit and that is generally the person with whom the child lives

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What to do with your P60?

Written by Administrator on January 20, 2015

So you’ve got your P60? What do you normally do with it – Bin it? File it? Leave it in the glove box of your car?

Your P60 is actually your golden ticket to a tax refund, so don’t just file it! Use your golden ticket to unlock your potential tax refunds going back as far as 2011.

Generally, you’ll receive your P60 sometime in January, but employers have until 15th February to provide you with your P60. So don’t panic if

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What to expect on your payslip in 2015

Written by Administrator on January 7, 2015

So, 2015 is finally upon us and it seems like a lifetime ago that Budget 2015 was announced. But, it’s from now on that you’ll notice many of the changes that were introduced – what were they again?

Never fear! Here we’ll go through all the changes that you should notice on your first payslip for the new year.

Reduction in Income Tax

There were some welcome changes to the Income Tax rates with an increase in the threshold for the marginal rate

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