M
Minnie
Guest
Hi
My spouse is in full time employment and I received jobseekers benefit of €3712 for 2010. Our P21 for last year stated that there was an underpayment of €779.52 which relates to tax which wasn't paid on my jobseekers benefit.
This means Revenue have applied the higher tax rate to my jobseekers benefit and treated it as additional income
€3712 x 41% = €1521.92 - 742.40 = €779.52
My questions are
Is Revenue's assessment correct and my understanding just wishful thinking?
Many thanks
My spouse is in full time employment and I received jobseekers benefit of €3712 for 2010. Our P21 for last year stated that there was an underpayment of €779.52 which relates to tax which wasn't paid on my jobseekers benefit.
- My spouse's P60 states that a tax credit total of €6780 (including home carers credit) was applied throughout the year
- The P21 states that we were entitled to a tax credit total of €7522.40 - the difference being an additional tax credit of €742.40 for myself which amounts to 20% of €3712 (job seekers benefit)
This means Revenue have applied the higher tax rate to my jobseekers benefit and treated it as additional income
€3712 x 41% = €1521.92 - 742.40 = €779.52
My questions are
- I thought that jobseekers benefit was taxed at the standard rate, even if a couple are jointly assessed?
- I thought that the first €17 per peek was non taxable
- Why didn't I receive the full PAYE tax credit of €1830
Is Revenue's assessment correct and my understanding just wishful thinking?
Many thanks