I am filling out a form 11 for 2018 as I earned some income in 2018 from Canadian dividends that I wish to declare. I have to declare all money earned in 2018 as part of my return. I was employed for all of 2018 by an employer (not self employed).
When I fill out my form 11 and get to the calculation page (which is automatically calculated as I am using ROS) a number of credits/reliefs are listed. These include:
- Paid PAYE
- Universal Social Charge deducted under PAYE
And lists the amounts I paid, in total, in 2018 (stopped at source by my employer). These are then taken off the amount of tax I owe as I have already paid this money to revenue.
However, there is no credit for the almost 2,000 euro I paid in PRSI. Should this be there? In other words am I entitled to have this as a credit/reduction on my overall tax bill for 2018 as it has already been paid/stopped at source?
Hi, I've just completed inputting all our details online for Form 11. We are basically both PAYE income earners, on similar pay, and only reason for form 11 is as a result of a rental property. Usually I calculate my liability myself first, then input all details on ROS, hit the calculate...