Re: Follow Up
when in the cu today I enquired if the divi from last year was taxed at source, cashier looked up computer and informed me it was. To the best of my knowledge I have no further liability but of course I have received my new tax certificate in the past week and surprise surprise they have €150 down as dividend income, a figure I have not received in over 10 years but which I probably hit once when interest rates were much higher. To me its simple, the revenue dont really want everyone completing a form 11 or 12 or whatever number they now stick on it, but if you dont, chances are you will be skulled for too much tax. also noticed that they are allowing me €40 for union subs. I thought the sub was fully tax deductable and as I straighted out my taxes last year I showed the correct amount I pay (€14 x 26 ) which is a lot more than €40. Nothing surprises me about the revenue holding on to what they can and only giving back when you complete the tax return yearly Also no relief given for bin charges this year again. 3rd year in a row this wasn't allowed.
so in effect I will have to complete the form again this year to see where I stand. maybe no harm but does anyone else find it odd that they can use a 10 year old divident figure from the cu and dont use last years figure for bin charges or trade union subs? no surprise to me I admit, just a pain in the ass.