Hi,
I got a P21 balancing statement today stating an underpayment which I just don't understand and was hoping that somebody could help me with.
My husband is the main earner with approx 22k of his income being taxed at 41%. We are jointly assessed.
I started a part time job last September and earned 2,744 up till December. I paid USC on this but no tax. On speaking to revenue today, I am told that my income is taxable at 41% but I am only entitled to 548.80 (20% of 2744) of a tax credit. As such I am liable for 576.24 in income tax.
Is this correct? Not sure if it has any bearing but my husband gets the Home Carer Tax Credit of 810.00
Any advice greatly appreciated. Thanks!!
E
I got a P21 balancing statement today stating an underpayment which I just don't understand and was hoping that somebody could help me with.
My husband is the main earner with approx 22k of his income being taxed at 41%. We are jointly assessed.
I started a part time job last September and earned 2,744 up till December. I paid USC on this but no tax. On speaking to revenue today, I am told that my income is taxable at 41% but I am only entitled to 548.80 (20% of 2744) of a tax credit. As such I am liable for 576.24 in income tax.
Is this correct? Not sure if it has any bearing but my husband gets the Home Carer Tax Credit of 810.00
Any advice greatly appreciated. Thanks!!
E