{"id":11937,"date":"2024-03-13T10:35:00","date_gmt":"2024-03-13T08:35:00","guid":{"rendered":"https:\/\/seoblog.taxback.com\/?p=11937"},"modified":"2024-03-13T16:20:12","modified_gmt":"2024-03-13T14:20:12","slug":"a-to-z-income-tax-refunds-ireland","status":"publish","type":"post","link":"https:\/\/www.taxback.com\/blog\/a-to-z-income-tax-refunds-ireland\/","title":{"rendered":"The A-Z of income tax refunds in Ireland"},"content":{"rendered":"

Whatever the weather, it’s always worth checking if you’re due a tax refund!<\/p>\n

Tax is a tricky subject! You could be easily confused about where to start when it comes to filing your Irish tax return<\/a> and claiming your tax refund.<\/p>\n

Don’t worry! Taxback is here to help you to claim your tax rebate in Ireland<\/a>!<\/p>\n

We’ve put together this handy A-Z guide of everything you need to know on income tax refunds in Ireland!<\/p>\n\n

 <\/p>\n

A<\/span>verage refund<\/h2>\n

The average Irish Taxback customer gets over\u00a0\u20ac1,880 in tax back.<\/p>\n

When you file with us, you will ensure you claim your maximum legal refund!<\/p>\n

The average Irish tax refund is \u20ac1,880<\/strong><\/p>\r\n

GET YOURS NOW<\/a><\/p><\/strong><\/p>\n

 <\/p>\n

B<\/span>ands (Tax rate bands)<\/h2>\n

This is the amount of income that is taxed at a certain percentage or tax rate.<\/p>\n

Currently in Ireland, the first portion of your income is taxed at a standard rate of 20% and the remainder at a higher rate of 40%.<\/p>\n

The income band that you pay tax on will depend on the amount you earn and your circumstances – marital status, if you have children etc.<\/p>\n

C<\/span>redits<\/h2>\n

There are a number of tax credits that you may be eligible to claim, for example, employee tax credit, single person tax credit and married person tax credits.<\/p>\n

Some tax credits are applied automatically(employee tax credit), whereas others must be applied for – dependent relative tax credit, for example.<\/p>\n

Tax credits can reduce your tax bill so it is definitely worth investigating which tax credits your entitled to!<\/p>\n

 <\/p>\n

D<\/span>ependent<\/h2>\n

If you care for a dependent relative \u2013 you may be entitled to the Dependent Relative Tax Credit!<\/p>\n

For tax purposes, a dependent is defined as an individual who relies on another person. This may be a child, an older person or a disabled individual.<\/p>\n

The value of this credit was increased in Budget 2021 from \u20ac70 to \u20ac245. In order to qualify for this tax credit the relative you claim for must be your own or your civil partner’s or spouse’s:<\/p>\n