A Comprehensive Guide to Irish Emergency Tax
Many people in Ireland end up overpaying on their tax bill. One of the most common reasons, especially for younger workers, is the imposition of Emergency Tax.
The average tax refund in Ireland is €1,880, so it's well worth checking out what your owed.
The good news is that you can claim a tax refund if you have paid Emergency Tax.
In this blog, we will explain everything you need to know about Emergency Tax and what steps to take if it has been deducted from your income.
What is Emergency Tax?
Irish Emergency Tax is a higher rate of tax which is applied to your earnings by your employer when they do not have the correct information to apply the correct tax rate.
For example, if your employer does not have your PPS number, Emergency Tax will be deducted from your wage.
But don’t worry. It is possible to reclaim your Emergency Tax deductions from Revenue.
The first step in reclaiming your Emergency Tax is contacting Revenue and sharing the missing information with the taxman.
When does Emergency Tax affect my earnings?
As outlined above, many people are affected by Irish Emergency Tax when they start a new job.
Ensuring your new job is registered correctly online is a quick step to take to try and avoid getting emergency taxed, and this can be done online through the Revenue website.
Providing your employer with all the important details can be a vital part of not getting Emergency Taxed. Your new employer must have your PPS number, this number can be found on any previous payslips.
To put it simply, the longer your company lacks access to the information, the more Emergency Tax deductions will be made!
Emergency Tax can be quite common so no need to panic if this has happened to you.
How to claim Emergency Tax back?
We could all use a little extra money in our pockets right now. So, here's how to check if you are due a tax rebate in Ireland.
If you think you are due a tax return, you can claim it back one of two ways. You can either manage all the boring paperwork by yourself, or you can apply with Taxback and let us do the hard work!
We'll ensure you receive your maximum tax refund in the most efficient way possible.
The average Irish tax refund is €1,880
How long does it take to get a tax refund in Ireland?
The amount of time it takes to receive your refund is influenced by many factors.
This included how busy Revenue is when they receive your application.
For example, the busiest time for Revenue is January, when they receive the most applications as this is the start of a new tax year.
With this in mind, you may be waiting slightly longer for your refund to arrive than if you apply in June.
Understanding Emergency Tax on your payslips.
It’s important to be able to understand and read your payslip accordingly.
If you have had Irish Emergency Tax deductions, you will be able to view it from your payslip.
It’s significant to be able to read your payslip to see if you are being Emergency Taxed.
Essentially, you will see a larger deduction in your take-home pay than you would have normally gotten or what you would have expected. You will be able to see how much was taken in the deductions.
What is the Emergency Tax rate in Ireland?
You may be liable for taxation under the standard Emergency Tax regulations if you have provided your employer with your PPS number.
Under these rules, your income will be taxed at a regular rate of 20% for the first four weeks, up to the maximum amount allowed by your rate band.
If your employment is still unregistered after the first four weeks, all your earnings will be subject to the higher 40% tax rate.
If you have not provided your employer with your PPS number your company will automatically impose a 40% higher tax rate on all your income
So, remember:
- Always make sure you have given all the information and that it's correct!
- Don’t forget to register your new job online with Revenue!
The average Irish tax refund is €1,880
Why apply with Taxback to get your emergency tax refund?
There are so many reasons why you should choose us to help with your tax return! Here are a few,
We offer a comprehensive review of your tax situation and ensure you receive your maximum tax refund - so if you have paid Emergency Tax, we guarantee to get it back for you
Our average Irish tax refund is €1,880. And we'll transfer your refund straight to your bank account
Easy online application process. You will never have to deal with any tricky tax paperwork. We'll guide you through the tax refund application process from start to finish
We also offer 'round the clock tax support to answer any questions you might have