Pat Carey
Question:217 Mr. P. Carey asked the Minister for Finance if it is correct that a person (details supplied) in Dublin 11 should be receiving a tax demand; and if he will make a statement on the matter. [7764/02]
Written Answers. - Tax Code.
Under the self assessment system for payment of income tax, a person is obliged to pay preliminary tax on 31 October each year. The amount that has to be paid is the amount which, in the opinion of the chargeable person, is likely to become payable by that person for that income tax year.
I am advised by the Revenue Commissioners that the document received by this person was a reminder that no preliminary tax payment had been received. The person has now indicated that a "nil" amount of preliminary tax is appropriate in her case and arrangements have been made to note her tax record accordingly.
If the person's income is such that no income tax will be payable in future years arrangements can be made to regard her as "exempt" from income tax and remove her from the self assessment system. This would avoid the necessity of making preliminary tax declarations and income tax returns in future years. If she is eligible and wishes to pursue this possibility she should forward a formal letter to her Inspector of Taxes providing relevant details of income and circumstances.