Mat leave and Tax

L

laurloll20

Guest
Couple of questions if anyone can help:

1. If you went out on Maternity leave from your job last Oct 08 and returned to work late Mar 09 after been on SW mat benefit for the 6 months are you entitled to any tax back? ( I did however recieve a small sum of tax back in the dec I was mat leave as the company I work for paid a christmas bonus and this was processed through payroll so I did recieved some tax back through that

2. if my cut off TD is €20550 for this year and I will only earn €16972 this year what happens to the balance of €3578?

I dont understand how taxation works and was hoping some one could answer my questions?
 
If your employer processed a payment for you in December of 08 that should have sorted the full income tax refund for you. You may, however, be entitled to a prsi refund. Complete a form PRSIREF1 and send it in but be warned that they are taking about 6 to 9 months to process refunds.

For 2009, the unutilised cut off will be lost unless you are married and can transfer some of it to your spouse.
 
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