Terence Flanagan
Question:233. Deputy Terence Flanagan asked the Minister for Finance the position regarding a tax allowance in respect of a person (details supplied) in Dublin 5; and if he will make a statement on the matter. [7937/15]
View answerTuesday, 24 February 2015
Questions (233)
Written answers
I am advised by the Revenue Commissioners that following contact with them by the person concerned in January 2012, his tax credits were increased in the light of the information he provided and which information he was to have confirmed in writing by the Department of Social Protection (DSP). He failed to subsequently provide this written confirmation.
In February 2015, following receipt of a health expenses claim for the year 2014, a review of the tax liability of the person concerned was carried out. It transpires that rather than two separate DSP pensions for the person concerned and his spouse, he is in fact in receipt of a DSP Old Age Pension with an increase in respect of a Qualified Adult. In the circumstances he is entitled to one PAYE Tax Credit only. He is not entitled to an additional PAYE Tax Credit or an additional Standard Rate Band in respect of the Qualified Adult portion of his pension.
The underpayment of tax for 2014 arises due to the removal of the additional PAYE Credit of €1,650 and the additional Standard Rate Band. The arrears will be collected through a reduction in the person s tax credits over a 4 year period commencing 1 January 2016.
I am advised by the Rrevenue Commissioners that an amended tax credit certificate will issue shortly which will show the correct tax credits due for 2015.
Should the person concerned require further clarification or assistance he may contact Ms Aisling Malone, City Centre/North City Revenue District, 14/15 Upper O Connell St., Dublin 1, telephone number 01 8655511.