Wondering why you haven’t received a P60 this year? Confused about how to apply for your 2019 tax back without one?
Our expert Accountants explain the recent changes to the PAYE system and how they will affect your 2019 tax rebate.
There has been a lot of talk about changes to the Revenue Commissioners PAYE system, and you may be wondering if or when you’ll receive a P60 this year.
Our expert Accountants have over 20 years of experience helping people to claim their maximum tax rebates. Here, they have answered a few of your most frequently asked questions about the recent PAYE changes and how you can claim your 2019 tax back.
1) Will I receive a P60 this year?
The short answer, no. The P60 certificate, which previously outlined your total pay and deductions including PRSI, USC and PAYE, has now been replaced by the online Employment Detail Summary.
This change to the PAYE system, the biggest and most significant in 60 years, was undertaken by the Revenue Commissioners.
2) When and how can I apply for my 2019 rebate?
Whenever you are ready! In previous years, you would have only been able to begin the rebate application process after receiving your P60 within the first 6 weeks of the year.
Now, there is no need to wait. Your 2019 details are live on the Revenue Commissioners system and our experts at Irish Tax Rebates are ready to assess your 2019 taxes and start processing your rebate.
Once you complete and sign the form, the experts at Irish Tax Rebates will complete a full and thorough tax review to ensure that you claim back for every possible credit and relief.
3) Why do I need to consult a tax expert?
Because you deserve all of your money back. The new Revenue system doesn’t inform you about many of the deductions, credits and reliefs you might be entitled to, so you run the risk of unclaimed tax rebates!
This is why we always recommend having a qualified Accountant assess your taxes. With an experienced tax professional on your case, you can rest assured that you are getting your maximum tax rebate.
That’s where we come in. Our experts dig deep to identify every available entitlement including:
- Unclaimed tax credits you’re entitled to, such as marriage tax credits, single parent family credit, ICC credit, home carers tax credit and many others.
- Additional tax rebates you may be due, including medical expenses, non-routine dental expenses and flat rate expenses (including uniform allowances).
- Any Universal Social Charge (USC) tax you may have overpaid over the past 4 years.
Last year, our clients received an average rebate of €1,057 within 12 working days of filling out our 60-second online form!
“While the Employment Detail Summary eliminates a significant amount of paperwork, it does not help you to identify the credits and reliefs you are due – this makes it crucial to consult an expert who can uncover whether you’re due a larger rebate.”
– Martin Brennan, Managing Director, MB Tax Group
So what are you waiting for? It’s time to claim your 2019 tax rebate; your details are live!
Claim your tax back
Fill out our 60-second application form
Terms and Conditions
1. Authorisation to act as agent
I, the undersigned, declare to the Revenue Commissioners of Ireland, that I authorise Irish Tax Rebates to act as my agent with regard to all aspects
of my income tax.
I understand that this agreement will remain in place until such time as either party, the client or the agent, has notified the Revenue Commissioners of Ireland in writing of their wish to cancel this agreement.
2. Authorisation for Agent to receive refunds on behalf of client
I authorise the transfer of any refund or repayment of PAYE/Income Levy/Universal Social Charge due to me by the Revenue Commissioners by electronic funds transfer to the following bank account which is held by Irish Tax Rebates:
BIC Code: AIBKIE2D
IBAN Number: IE55AIBK93336808365254
Name of Account Holder: MB Tax Refunds Clients Account
I understand that any refund made by the Revenue Commissioners to my agent, Irish Tax Rebates, on my behalf is refunded in a similar manner as if same were being refunded directly to me and that once the refund is transferred into the bank account nominated by me I have no further call upon the Revenue Commissioners in respect of same. I understand that Irish Tax Rebates is acting as my agent and is solely responsible to me in respect of any refund received by them on my behalf. I further understand that my agent Irish Tax Rebates is an independent entity and that the Revenue Commissioners make no endorsement of my agent or any such agency and cannot accept any responsibility whatsoever for problems encountered by me in dealing with them. I understand and agree that Irish Tax Rebates will input its own bank account details on the Revenue record for the duration of this mandate and will remove these details on the cessation of the mandate. I confirm that I am aware of, and agree to, the payment of the fees charged by Irish Tax Rebates in respect of the services carried out on my behalf and that this fee will be deducted from any amount refunded by Revenue and that the balance of this amount will be paid to me.
3. Terms and Conditions of Authorisation
I understand that Tax law provides for both civil penalties and criminal sanctions for the failure to make a return, the making of a false return, facilitating the making of a false return, or claiming tax credits, allowances or reliefs which are not due. I confirm that I will provide the necessary documentation to Irish Tax Rebates to support any refund, credit claims or claims for allowances and reliefs made to Revenue on my behalf of Irish Tax Rebates. I confirm that I will provide details of all my sources of income to Irish Tax Rebates. I understand thatIrish Tax Rebates is required to retain a copy of all documentation relating to any refund or credit or allowance or relief claimed by the agent on my behalf and that the agent will be required to produce same to Revenue upon request.