G
No - just telling you as it is according to my understanding of matters.You trying to frighten me
I don't understand what you mean. But if you have an outstanding liability then you need to deal with it.I understand your points but sometimes it's no pain -no gain -for each year that goes by I can only go back 4 years so maybe short term pain and long term gain - we will see.
Measures to come into operation in 2008
Tax Credit where Medical Insurance is paid by employer
The operation of tax relief at source for medical insurance does not currently apply to individuals whose medical insurance is paid for by their employer and individuals have to apply directly to Revenue for the appropriate tax credit. Revenue is making arrangements to have the necessary medical insurance details provided by employers on the annual P35 employer return and Revenue will apply the appropriate tax credit automatically.
You mean for granting the relief automatically? Not as far as I know.Have the new arrangements started
You mean for the employee tax credit on premiums paid by the employer (and subject to BIK deductions at payroll)? Yes.and should I now claim for 2006,2007?
Stick another pint on that IOU!Please read my previous posts and my question will make more sense. Better yet Clubman might answer my question.
You can claim it for this year and backdate claims for 2004-2007 inclusive before the end of 2008.I have not claimed this tax credit ever. If i claim now can i claim for 2007,2006,2005 and 2004 or is it just 05-08.
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