Household benefits is it taxable?

[gledswood]

I am completing my PAYE return for 2023.

In the income section I include my private pension and state pension.

I also receive a household benefits sum of €419 per annum.

Is this amount taxable and should it be included in my income return?

Thanks

 

[S class]

No

 

[gledswood]

One other question if I may.

When I am returning my gross income earned from my private pension.....should I minus off the amount of the USC that I paid?

 

[Protocol]

No.

 

[johnsamir]

I am completing my PAYE return for 2023.

In the income section I include my private pension and state pension.

I also receive a household benefits sum of €419 per annum.

Is this amount taxable and should it be included in my income return?

Thanks

The household benefits sum of €419 per annum is generally not taxable and does not need to be included in your income tax return.

 

[fayf]

“Not generally” is incorrect, this is never taxable, as it is specifically exempt for PAYE, PRSI, & USC. It is one of several DSP and other payments which are fully and always, exempt from all Taxes, the more common being DSP payments such as : Child Benefit, Fuel Allowance, there is a full listing here: none of these need to go on tax returns as they are exempt:

Tax-exempt DSP benefits

This page explains tax-exempt DSP benefits

www.revenue.ie