People all over Ireland have less than 48 hours to claim back hundreds of Euro in tax.
Anyone looking to claim back tax paid in 2018 must do so by midnight on New Year’s Eve.
Ireland has a four-year deadline for making tax claims, meaning claims lodged after the midnight deadline will not be accepted.
Every year, Irish taxpayers leave hundreds of millions of Euro in unclaimed tax-back with the Revenue.
Last year alone, some 450,000 taxpayers overpaid Revenue to the tune of €300m.
Tax-back
Claiming your tax back is far less complicated than it used to be and can be done quickly and easily through Revenue.ie.
With the people who claim offered a refund ‘nine times out of 10,’ it makes little sense not to try.
Expenses
There are a wide range of expenses workers claim tax relief on through the website.
One of the easiest is the flat-rate expense that offers a refund ranging from a few hundred Euro to €2,500.
Over 180 different occupations are entitled to the flat-rate expense.
Medical care
Another easy one is medical expenses workers are entitled to claim back 20% on anything they pay for medical care and medicines.
There is also the home carer credit of €1,600 – which is available to couples when one parent stays at home to care for children.
Working from Home
A very important claim since the pandemic began is the remote working relief credit – which is available to everyone who works from home.
The credit allows you to claim back 30% of the cost of electricity, heat and broadband paid throughout the year – and remote workers can claim back as far as 2018.
Meanwhile, tenants or parents paying rent on behalf of a student or child can claim the new rent tax credit.
The credit, introduced in the budget is worth up to €500 for a single person and €1,000 for a couple.