PAYE tax Credit entitlement

TheQuery

Registered User
Messages
21
Some background info first:
The Company I was working for liquidated at the start of Feb 2007. I didn't receive any salary for January. I then received an "Amount awarded for arrears of wages and Holiday pay" from the company liquidator. This amount was net of the PAYE and Single Tax credits and PRSI reductions. I also received my P45 which stated my Total pay etc... was zero.

I didn't work as a PAYE employee for the remainder of 2007 (I was a company director)

I have two questions.
1. Am I entitled to claim the the PAYE tax credit for 2007?
2. When completing the Form 11, who do I say paid me the "Amount awarded for arrears of wages and Holiday pay"?

Thanks.
 
I feel that the P45 Should have included this pay. You be entitled to paye credit to value of gross p45 at 20% up to max paye credit.

I wonder is the p45 right(was their a supplementary p45 issued) ?

as director if you have more than 15% of share capital(no paye credit for this part)
 
Thanks Papervalue.
I only received a Supplemental P45 with everything set to Zero.
I was of the belief that if I was a PAYE employee for January 2007 then I'm entitled to the full PAYE tax credit for the year. You’re saying this is not the case?
 
No they will not allow it, if you file return online- it automatically resticts it to gross p60 under paye employment. if you jan wage was high enough to cover paye credit them you would get it.




If you have a nil p45- nothing to declare.

Only include P60 from director