Tax credit refund

[calvero]

Hi,

I will be leaving Ireland at the end of February and will be looking to apply for a refund of taxes, specifically unused tax credits. I've spoken to the revenue office before and although they were extremely vague, they confirmed that technically it is possible to get a refund of your unused tax credits for the year.

Before I go I'd love to get an idea of how much I might be receiving, so could I ask you to look over this and see if it's correct in theory?

Say my monthly tax credits (PAYE, Personal Tax Credit, Rent Relief and Medical Insurance Relief) are €300 and I'll be leaving at the end of February, does that mean I'll get €3,000 euros back as it will be 10 months of unused tax credits?

Any help is much appreciated!

 

[DB74]

You cannot get a refund of unused tax credits - you can only get a refund of overpaid tax

That Revenue official was incorrect

 

[mandelbrot]

No, the most you can get back is any tax you've paid in the year to date, up to the point you leave.

Unless you're on a very high salary (over 100k), you'll get a full refund of whatever you pay in Jan/Feb. You'll be able to apply on a form P50 after you've got a P45.
http://www.google.ie/url?sa=t&rct=j&q=p50&source=web&cd=1&ved=0CCgQFjAA&url=http%3A%2F%2Fwww.revenue.ie%2Fen%2Ftax%2Fit%2Fforms%2Fp50.pdf&ei=TfMfT6-2EMeHhQex2rT7Dg&usg=AFQjCNHQl-r0LdycNDSSNlrw2CZvLH5zNA

 

[calvero]

Alright, clearly I was misinformed... Thanks very much for clearing that up though!