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It is an important date as it represents the last opportunity for PAYE workers to claim back a proportion of income tax and PRSI paid in 2011. If this opportunity is not taken, it is missed forever. Furthermore, there are mutterings in the Finance Departments that pension relief may be reduced from a current maximum of 49% to 33% next year.

How it works;

1) A PAYE worker pays an extra contribution to his pension (or starts a pension)

2) He receives a ...

Wheter your PAYE of self employed the tax system in Ireland only issues tax credits as directed by you.

We all recieve the standard credits (single / married persons) plus the PAYE credit but thats about it.

Depending on your circumstances, and how they change can effect your credits and therefore the amount of tax you pay !

For starters if you are married, and have children, and one spouse has either no income or earns less than €7,000 per annum, you can ...

Complementing this is for you yourself to invest a bit of time into learning the tax system and becoming aware of the various schemes out there to help you learn the tax system.

This article looks initially at the most obvious people who will help reduce your tax liability.

It’s not your employer, it’s not your bank manager and it’s not your local politician! It’s much closer to home than that. It’s your family!

Here are ten tips to help you maximise tax ...

Note – if you are a PAYE tax payer and have not claimed all your tax credits for 2008, the deadline to apply for this cash back is fast approaching. You can claim for things like :

• Service charges
• Medical Expenses
• Rent Relief
• Pensions contributions
• Marriage tax credit
• Tuition fees (3rd level colleges)
• And more..

If you would like further information on what refund you could be entitled to call us today at our new number

071 91 47580 or ...