Week 1 basis vs Cumulative basis

Slim

Frequent Poster
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2,300
Hi all. Perhaps someone could explain this to me! My wife and I are both retired. Her retirement was in 2019 but it took her employer 5 months or so to sort out her occupational pension etc. So, she received no income from January to May 2020. Over this period and since May, she has received a total of 3 notices from Revenue informing her that her allowances would be applied on a week 1 basis. Her stated allowances seems fine so I was wondering what the import of this is? We submit jointly at year end so I know it will all be sorted out in the end. Thanks.
 

cremeegg

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3,267
A week 1 basis means that you receive 1 weeks worth of tax credits and standard rate in a week. So if she received 16 weeks income in one payment she will have only one weeks credits and amount at the standard rate.

She should be able to get Revenue to issue a cretics of Tax credit on a cumulative basis. Thats why revenue have been writing, to prompt her to submit whatever they need to do that. basically state that she does not have other income absorbing the tax credits.

If she doesn't do this it will be next year before it is sorted.
 

Slim

Frequent Poster
Messages
2,300
A week 1 basis means that you receive 1 weeks worth of tax credits and standard rate in a week. So if she received 16 weeks income in one payment she will have only one weeks credits and amount at the standard rate.

She should be able to get Revenue to issue a cretics of Tax credit on a cumulative basis. Thats why revenue have been writing, to prompt her to submit whatever they need to do that. basically state that she does not have other income absorbing the tax credits.

If she doesn't do this it will be next year before it is sorted.
Much appreciated. Thank you.
 

Kimmagegirl

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Messages
245
Both of us retired within three years of each other. As a result we were put on a Week 1 basis. No matter how often I contact revenue I cannot seem to get off the Week 1 basis and back to the cumulative basis of assessment. As a result we have had 3 years where we have had to wait until the end of the year to get tax rebates. Because of Covid-19 we are still waiting for revenue to deal with out 2019 rebate.
 

Slim

Frequent Poster
Messages
2,300
Both of us retired within three years of each other. As a result we were put on a Week 1 basis. No matter how often I contact revenue I cannot seem to get off the Week 1 basis and back to the cumulative basis of assessment. As a result we have had 3 years where we have had to wait until the end of the year to get tax rebates. Because of Covid-19 we are still waiting for revenue to deal with out 2019 rebate.
That seems very sloppy of Revenue. I asked them to change it today via ROS.
 

kalla

Registered User
Messages
7
I am a paye worker and I have a second and third employment. Revenue have placed these employments on a week only or month only basis instead of cumulative basis.
Why is this? I have given the revenue my employers number on Paye anytime.
 
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