Tax on Holiday Pay

[james8677]

Hi Guys,

For the past six months I have been working as a temp with a recruitment agency, earning about €348 net per week after PRSI and the income levy have been deducted. I have not been paying PAYE as I don't think I earn enough to enter the standard tax bracket. I have now finished with the agency, and as I didn't take any holidays while I was with them, they have included 65 hrs of holidays in my final payslip. My gross pay for final week was €1080 including the holiday pay. However, I have paid a huge amount of tax on this - €228 in PAYE & €80 in PRSI which seems really unfair. If I had known that I was going to pay so much tax I would have insisted on taking holidays, however when I started with the agency I was told that due to the temporary nature of the job I wouldn't be able to take any holidays.

Is there any way I can claim any of the tax back? I am not married & my tax credit as a single person is €72 per week.

Thanks a million,
James.

 

[huskerdu]

You have not posted enough information for anyone here to be able to work out if you have overpaid tax for the year.

Given the way that you have been paid, it is possible that you have not used all your tax credits and are due a tax rebate, more maybe your gross wages for year was high enough for you to have to pay PAYE. If so, an annual tax bill of 228 is not too high.

You should be able to work it out for yourself if you go to the tax calculator www.taxcalc.eu. Enter your gross sages for the year and it will tell you how much PAYE for the year you should pay,

If you want to, post your total gross wages for the year and we can help.