Refund leaving the country - told no refund applies

[APoster]

Hi,

I left Ireland earlier this year and continued working remotely for my employer until just before 180 days and then moved to working for a company in my country of residence. I applied for refund of Income tax and USC but received a notification that no refund is due, am I misunderstanding how this works?

I took the gross I've earned so far in 2024 and put it into a tax calculator as if it was my full 2024 income, I then took the USC and PAYE shown there away from what I've actually paid so far this year and there is a substantial difference in my favour, I was under the impression that that amount would be due to me as a refund as my full year allowances and bands would be applied to the nearly half year income I've received so far.

The only complication is that I have rental income and I'm now a foreign landlord, is that impacting my application and if so I presume it will sort itself out with a balancing statement after December?

Thanks,

 

[Annieindublin]

You aren’t tax resident for the whole year so you don’t get tax allowances for the whole year. You are getting them elsewhere I presume?

 

[APoster]

This is from the revenue site:

"Generally, full tax credits are allowable on a ‘cumulative basis’. This means that you receive a full year of tax credits even though you have been resident here for only part of the year."

 

[Ciru75]

If you have rental income you have to file a tax return. It wouldn't make sense for revenue to pay you back a load of tax and then look for it off you again when you file your return with rental income included.

 

[APoster]

Ok, so it's going to be down to a balancing statement at year end to see where everything falls?

 

[elcato]

Also, your rental income for 2024 is not due till 2025 so you will have to complete your form 11 for 2024 next year before you get the balancing amount back.