If you worked in any of these countries, you could be due a Tax Refund

Ireland: Key Tax Dates

#TaxTipsIreland

Get your key tax dates and deadlines for Ireland in our 2022 tax calendar!

Check out the key dates or read an overview of PAYE taxes here. 

Knowing all the tax dates can make a big difference come tax time.

In Ireland, the tax year runs consecutively with the calendar year. This means it begins on 1 January and ends on 31 December.

Check out what that means for your taxes below!

01 January 2022

Income tax-First day of the new tax year.

Employment Detail Summary for 2021 is available.

Income Tax Return Form 12 is available for the taxpayer to complete and submit.

 

01 January 2022 Local Property Tax

Commencement of phased payments.

 

12 January 2022

Local Property Tax-Deadline for payment in full or confirmation of payment method to Revenue.

 

15 January 2022

Local Property Tax-Commencement of direct debit payments and continue on 15th each month.

Preliminary End of Year Statement is available for PAYE employees.

 

18 January 2022

Statement of Liabilities is available to all taxpayers who have filed Form 12 from 1 January.

 

31 January 2022

Capital Gains Tax-Payment due on gains 1 December 2020 and 31 December 2020.

 

21 March 2022

Local Property Tax-Single Debit Authority deduction from a bank account.

 

31 March 2021

  • Income Tax-Deadline for Return of Share Options and other rights for 2021
  • Income Tax-Deadline for claiming Separate Assessment for 2022
  • Deadline for nominating Assessable Spouse or Nominated Civil Partner for 2022

 

31 October 2022

Income Tax

  • Preliminary Tax 2022
  • Pay balance for 2021 liability
  • Return of income for 2021

 

Capital Gains Tax

Return of capital gains for 2021.

 

01 November 2022

 Local Property Tax-Valuation and property ownership date for 2023.

 

15 December 2022

Capital Gains Tax: Payment due on gains arising between 1 January 2022 and 30 November 2022.

 

31 December 2022

Income Tax-Last day of the tax year.

 

PAYE Taxes: Overview


Employees in Ireland are usually taxed in the Pay As You Earn Tax (PAYE) tax system. How much you pay usually depends on what you earn and is charged on the basis of your gross income. 

As part of PAYE modernisation, P45s and P60s have been abolished and replaced with an online system. Since 2019 you will no longer get a P45 when you leave a job. Instead, your employer will enter your leaving date and details of your final pay and deductions into Revenue’s online system.

PRSI (Pay Related Social Insurance)

Your employer will deduct PRSI which will be allocated to the social insurance fund. These payments may give you entitlements to benefits such as jobseekers benefit, illness benefit, state pension, etc.  

Universal Social Charge

You’ll pay this if your income is more than €13,000.

In some cases, you may even have an overpayment of Universal Social Charge (USC), which Taxback.com can check for when you apply for your PAYE tax refund.

How is your tax calculated?

Your employer applies PAYE and USC tax based on your employee tax credit certificate. If Revenue doesn’t have up-to-date information on your personal circumstances (marital status, dependents, etc.), you might get an incorrect allocation of tax bands and credits.

What happens if I underpay tax?

If it comes to Revenue’s attention that you have underpaid tax, they will reduce your take-home pay until the underpayment is settled.

If Revenue fails to notice the underpayments for years, you could be faced with a huge tax bill.

What happens if I overpay tax?

You can apply for an Irish tax refund! You may be due tax back if:

  • You were made redundant
  • You had a break in employment
  • You paid emergency tax
  • You went on maternity leave
  • You got married recently
  • Had medical/non-routine dental expenses
  • And more

If you think you’re due a refund, you can get an estimate using our online tax calculator. 

Simple tax facts

  • The tax year is January 1 to Dec 31
  • You can go back 4 years for a tax refund
  • The average Irish tax refund is €1,880
  • You can get a free refund estimate using our online tax calculator here

 

Download your full guide to your mobile or PC below!

About The Author

Ciara Kennedy - Digital Content Writer @ Taxback.com

Ciara is our Digital Content Writer at Taxback.com. Since graduating in Journalism and Visual media, Ciara has worked in online marketing in Ireland and Australia and loves writing in all its forms.

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