I submitted my tax return for 2003 around this time last year and have not yet got a balancing statement from Revenue one year plus later! When I rang some months ago they said they were checking out if there were allowances available to me in respect of a redundancy payment! Is this time period unusual?
I'm sure I will owe them money as I have Income Rental in addition to employment PAYE/PRSI which has been paid. Question -should I have estimated the tax payable and actually paid it together with the submission of Form 12 or wait until the Balancing Statement issues??
Thanx