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Press Clippings

Our tax stories are frequently in the press and we’re often invited to comment on topical tax issues. We generate news coverage both in Ireland and
overseas. This year our coverage has spanned a wide range of stories including: Australian Income Tax and Superannuation Refunds, the Local Property Tax in Ireland, CSR activity we carried out and our Irish tax return service.

Below you can see the taxback.com stories that generated headlines over the last couple of months.

Press Clippings

UK Workers Losing £600million Because They Believe This Lie

..., TaxBack.com Close Self Assessment Taxpayers I'm sorry but this claim process is for taxpayers with simple tax affairs. This means you have a regular employer who pays you a salary and deducts tax at source. If you are required to submit a self assessment tax return, usually by 31st January deadline, in any of the...
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17 August 2022 - taxrefund.co.uk

Interview with CEO Brendan Ennis on the Techovate Leaders' Summit, 2012

...Conrad Burke, General Manager, Innovalight Dupont. Notable Entrepreneurs to emerge from the South East, Terry Clune of Taxback.com, David Walsh of Netwatch and Fred Karlsson of DoneDeal, also spoke at the two-day conference and shared their insights of their own Entrepreneurial journeys. Wexford Enterprise Association, formerly Innovation...
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15 August 2022 - youtube.com

Mark Coan: 9 inflation busting tips from a finance expert

...place to start, but cutting to the chase, the big ones are; ● Marriage tax relief ● Medical or dental tax relief ● And, particularly in 2020/2021/2022, working from home tax relief Average tax relief saving = €1,880 The good news is there are lots of online services out there, with the biggest being taxback.com , that will file... the tax paperwork for you in return for a cut of the refund. Once you've supersized what's coming in by getting your taxback, the next step is super shrinking what's going out. You can do this two ways. 1. Buy for less 2. Buy less Let's start with the easiest, buy for less. Switching suppliers usually does pay off as companies know most people don't...
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13 August 2022 - extra.ie

Your personal finance questions – How do I know I have saved enough for a decent retirement?

...worldwide income, according to chief executive of Taxback.com Joanna Murphy. A person is deemed resident for a tax year if they spent 183 days or more in a calendar year, or 280 days or more over two consecutive tax years in Ireland. If you travelled to the State between March 24 and May 5, 2020, and your intended departure from Ireland was...
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13 August 2022 - independent.ie

New tool shows where you can save money in Ireland with households able to save 'up to €13,000 a year'

...year Irish households owe €8k on average in credit card and loan debt, paying the 4th highest rate of interest in Europe at 10.3%. The average Irish household debt at €8K, at the average interest rate of 10.3% that's a money saving over €900. Average tax relief saving = €1,880 per year According to the latest data from Taxback.com the average...
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12 August 2022 - irishmirror.ie

Inflation Savings Calculator

...Irish households owe €8k on average in credit card and loan debt, paying the 4th highest rate of interest in Europe at 10.3 per cent. The average Irish household debt at €8K, at the average interest rate of 10.3 per cent that's a money saving over €900. Average tax relief saving = €1,880 per year According to the latest data from Taxback.com the...
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12 August 2022 - buzz.ie

Average tax refund jumps to almost €1,900 as cost-of-living crisis prompts more claims to Revenue

...The average amount of tax people are claiming back from Revenue has increased to almost €1,900. It comes as the cost-of-living crisis prompts more people to reclaim money they are owned. Men are more active in claiming refunds than women, and for higher amounts, according to a survey by claims specialists Taxback.com. The average.... Taxback.com said between the end of 2020 and the end of 2021, the average refund claimed by its clients amounted to €1,880. This was up from €1,076 in previous years. Medical expense tax refunds were found to be the most common relief claimed last year. The average refund for men last year was €490, compared with €470 for women. Chief executive of...
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10 August 2022 - agassociates.ie

Ways to save money on the cost of going to college

..., nor any part of the tuition fees that is met directly or indirectly by a grant, a scholarship, or where fees are reimbursed by an employer," says Joanna Murphy of Taxback.com . Tax relief is granted at 20 per cent. There is a limit of fees – €7,000 per course – on which you can claim relief. However, this doesn't mean you can claim relief up to a...
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09 August 2022 - irishtimes.com

Does the taxman owe you money?

...Based on recent provisional figures from Revenue indicating that up to €300m was potentially overpaid by taxpayers in 2021, tax refund specialists Taxback.com have released their Customer Index 2021, detailing how much Irish people are claiming back, who is best at claiming and what are the top reliefs and refunds.    The Taxback.com Index reveals... that between the end of 2020 and the end of 2021, the average refund claimed by taxpayers was €1,880 – up from €1076 in previous years. Medical expense tax refunds were found to retain the top spot as the most common relief claimed in the year. The data, which looks at the refunds that Taxback.com's clients applied for and received over the...
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08 August 2022 - kilkennypeople.ie

Workers entitled to average of €1,880 tax refunds - here’s how to apply for it

...Workers are entitled to a tax refund with the average amount around €1,880 per person. A recent survey completed by Taxback.com showed that men are more likely to claim their tax refund when compared to women. However, many people can be overwhelmed by the process of claiming back money so here is a simple step-by-step guide on how...
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08 August 2022 - rsvplive.ie

The average tax refund is now €1,880 (but many of us NEVER claim it back) - Yay Cork

...Inflation is at record levels. But as most of us take a careful look at our spending, Revenue records reveal that a whopping €620m has been overpaid in taxes since 2019… and many people never get around to claiming back what they are owed. According to research by Taxback.com, it could be a pretty penny too; between the end of 2020 and the end of... 2021, the average refund claimed by taxpayers amounted to €1,880 – up €700 from €1076 in previous years. "Although we're only halfway through the year, 2022 has already seen record levels of inflation jumping to a 40-year high and hitting the pockets of Irish households hard," said Joanna Murphy, CEO of Taxback.com. "Most of us are looking...
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08 August 2022 - yaycork.ie

An estimated €620million in overpaid tax has yet to be claimed from Revenue by people in Carlow, Kilkenny and across the country

...Taxback & Transfermate premises in Kilkenny (Googlemaps) An estimated €620million in overpaid tax has yet to be claimed from Revenue according to Taxback.com The Kilkenny-headquartered company says the money dates back to 2019 with a surplus of up to €300million recorded for 2021 alone. The accountancy firm's analysis also shows the... value of tax refunds increased by 74% between 2020 and 2021, to an average refund of €1,880. Joanny Murphy is CEO of Taxback.com and says "Generally people that are PAYE workers don't expect to get tax back, they think that their payroll department take care of all of that, they simply look at what comes into their bank account at the end of the...
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08 August 2022 - kclr96fm.com

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