Home > Financial > 1 in 3 Irish workers who have worked in the UK are due a tax rebate

1 in 3 Irish workers who have worked in the UK are due a tax rebate

Written by Robert McHugh, on 8th Feb 2019. Posted in Financial

article headline

An estimated 1 in 3 Irish people who have worked in the UK are entitled to a tax rebate, but many are not aware of their eligibility or the length of time they have to claim. This is according to the tax preparation and filing specialists at Taxback.com.

In response to this Taxback.com have created their a “no-nonsense” guide to income tax in the UK, which is aimed at helping Irish people who have worked or are currently working in the UK, to sort out their tax affairs and avail of any refunds that may be due.

Taxback.com report that the UK has remained a popular destination for Irish workers in recent years, with the most recent CSO stats report a total of 12,100 Irish people migrating to the UK between 12 months alone - and this figure was closer to 20,000 in 2011 when the numbers were at their peak.

However, the tax experts say that while people are still leaving our shores to work in our nearest neighbours, it is not unlikely that Brexit could see an influx of Irish workers return home.

Commenting on the report, Commercial Director at Taxback.com, Eileen Devereux said, "If you've worked in the UK and paid tax in the last 4 years, chances are you could be due a tax rebate. Figures from the UK’s Office for National Statistics estimate that there were 149,000 people who were born in Ireland, aged 16 to 64 living and employed in the UK between 2013 and 2015. Any of those people who may have already returned home, or may be thinking of it, would do well to check their eligibility for a rebate, which could be as much as a huge £963 – our average UK tax rebate."

Taxback.com say that people who have worked in the UK could be due a rebate for many reason, including those who:
• Are a non-UK national
• Have left the UK
• Only worked temporarily in the UK
• Incurred work-related expenses
• Didn’t work the full tax year
• Were made redundant
• Were on an emergency tax code

Source: www.businessworld.ie

More articles from Financial

image Description

Central Bank wants new law to stop bankers hiding wrongdoing

Read more
image Description

AIB forms joint venture to acquire Payzone

Read more
image Description

Irish central bank seeks to activate systemic risk buffer for banks

Read more
image Description

Average spend of €110,000 will be invested by SMEs over next three months

Read more
image Description

British wealth manager may acquire Investec Irish wealth management business

Read more