Even if you are a PAYE / PRSI employee and not obliged to file an income tax return it may still be worth filing income tax returns for the last 4 years to see if you are entitled to an income tax refund. The average individual can be due an income tax refund in respect of a particular income tax year for a variety of reasons including:
- Year of marriage relief.
- Excessive PAYE / PRSI paid in an income tax year prior to leaving an employment (e.g. a redundancy situation) or going on maternity leave.
- Leaving an employment during the income tax year due to redundancy or otherwise.
- Inefficient use of the standard rate cut off points available to married couples.
- Failure to claim all income tax reliefs and tax credits due.
Fees
The standard charge for filing a Form 12 is €250 plus VAT. Clarus Taxation can guarantee that the income tax refund process will be convenient and straightforward.