A leading tax expert has said that 70% of Donegal workers are overpaying on their taxes.
Michael Coll from Letterkenny-based company The Tax Clinic is advising PAYE workers that they could well be paying more tax than they should, but the good news is that it can be claimed back.
Michael explains that after the toughest budget in history everybody has been hit with the introduction of the new universal social charge and the cutting of tax credits.
But people out there must realise that there are millions and millions of euro that can be claimed back!
“The average refund we’ve been claiming for our clients is about €880 and the highest refund we’ve gotten has been €17,500 for a young couple from Killybegs.
“Many people are confused about what they are entitled to, but our website is full of useful easy to understand information on what is available to claim.
“For example if you held a full medical card for any period in either 2009 or 2010 you should not have paid the Income Levy and you are entitled to claim it all back,” he said.
Mr. Coll says it is important that taxpayers realise that you can claim tax back for up to four years so if you haven’t claimed for a few years it’s still not too late.
For further details contact www.thetaxclinic.ie