Hey everyone, Stephanie Wickham here again, diving into the world of tax credits in Ireland. If you're an Irish taxpayer, this one's for you! Even if you're a PAYE employee and don't need to file a tax return, there may be some tax credits you're missing out on that could put a bit of extra cash back in your pocket.
We'll chat about the different types of credits available, like the health insurance tax credit if your employer provides your cover, and the home carer tax credit for married couples with a stay-at-home parent. I'll also remind you to hang onto those medical expense and non-routine dental receipts to claim some tax back.
Main Topics discussed in the episode
Tax credits often missed or overlooked for Irish taxpayersHealth insurance tax credit: when an employer provides health insurance as a benefit, and the employee pays tax on that benefit.Home carer tax credit - available in situations where one spouse is a stay-at-home parent and the couple is jointly assessed.Joint assessment for married couples - the advantages and considerations when deciding to be jointly or separately assessed.Other common tax credits and deductions - medical expenses, non-routine dental expenses, and remote working expenses.
Disclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as legal or tax advice. Always consult with a qualified tax advisor or accountant regarding your specific situation. The hosts and guests of this podcast disclaim any liability for actions taken based on the information discussed.
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