Are your employees due a refund for Income Levy paid in 2009 and 2010?
Where an employee’s total gross pay for the year does not exceed €15,028 a refund may be due.
Employees may be due a refund for Income Levy paid in 2009 and 2010. The employee can contact the Revenue directly for a refund of any income levy overpayment after year end. Just complete the form on the below link to claim any Income Levy refund due.
Employees will find all income levy details on their Income Levy Certificates, which were issued with their P60’s at year end.
The following employees were exempt from the income levy:
- Employees aged 65 or older where their income did not exceed €20,000 for single individuals and €40,000 for married individuals
- Employees who’s income did not exceed the exempt amount (e.g. from 1 May 2009, €15,028)
- Full medical card holders
- Individuals that were in receipt of social welfare payments
1st January – 30th April 2009
If an employee’s income exceeded €352 per week, € 704 per fortnight, €1,526 per month (equivalent to €18,304 per annum) the employee’s gross income was liable to the income levy at the following rates:
Liable @ 1%: €100,100 per annum
Liable @ 2%: €150,020 per annum
Liable @ 3%: Balance
1st May -31st December 2009
If an employer’s income exceeded €289 per week, €578 per fortnight, €1,253 per month (equivalent to €15,028 per annum) the employee’s gross income was liable to the income levy at the following rates:
Liable @ 2%: € €75,036 per annum
Liable @ 4%: € €99,943 per annum
Liable @ 6%: Balance