Tuesday, August 24, 2010

I didn't claim Rent relief last year and wondering how long it will take and how much of a refund Ill recieve?

I paid 鈧?00 a month since April 2008....I didn't claim Rent relief last year and wondering how long it will take and how much of a refund Ill recieve?
You will need to fill out the following form (http://www.revenue.ie/en/tax/it/forms/rent1.pdf ) and return in to your local revenue office.





The tax credit for a single person under the age of 55 in 2008 is 鈧?00. Assuming you paid over 鈧?00 of income tax last year, you will be entitled to this amount as a refund. This refund is normally paid into your weekly/monthly paycheck via your employer.





It should take approximately four weeks to appear in your wages. If you are currently paying rent to a private landlord you will also be able to claim for a refund for 2009 - you will be required to fill out a second copy of the above form to claim for this amount.

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