M
michelle68
Guest
I hope someone can help me with a tax credit issue for my parents as my Dad is in a nursing home and I am trying to deal with his affairs. My Dad gets the state old age pension in his name for both my mother and himself of €423 per wk. He also has a small private pension. This gives my mam and dad a joint yearly income of €37,686. My query why in 2011 his tax credits has been reduced by c. €3,137 because of his state pension. I thought the state pension was meant to be tax–free but they are in effect taxing this. Why?
His tax has increased by €106 per month. If he was working and his yearly salary was €37,686, his tax would have changed by considerably less than this. (I am single, earn €36k pa and down considerably less than this).
I would really be grateful if anyone could help me understand this. Thank you.
His tax has increased by €106 per month. If he was working and his yearly salary was €37,686, his tax would have changed by considerably less than this. (I am single, earn €36k pa and down considerably less than this).
I would really be grateful if anyone could help me understand this. Thank you.