Medical Expense/Tax back question |
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t_rAndy
Robbie Keane Joined: 06 Feb 2008 Location: Ireland Status: Offline Points: 26257 |
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Posted: 25 Jun 2019 at 11:49am |
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I have a question for step-father in law. He got redudancy about 4 years ago and retired. He also sold his house and then had to pay tax on these items in those given years, let's say he paid tax on the redudancy in 2016 and sold the house in 2017. He is not yet a pensioner. He has a lot of medical expenses and receipts over the last number of years, even including 2016 and 2017 for example when he paid tax bills and he is wondering if he can claim any tax back on the medical expenses. I am thinking he might be able to do it for 2016 and 2017 where he had paid tax but not sure about 2018 and 2019. Or whether he can bundle everything together into one request. But in general, I have no clue how to guide him further. Anyone have any idea? I am sure he could go to one of these tax back companies but they just perform the steps that you are able to do yourself if you know what to do
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Shoco
Roy Keane Hail Hail the Celts are here Joined: 14 Dec 2008 Location: Celthick Park Status: Offline Points: 13727 |
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Should be able to do it online for the years 2015-2018. I think you request a P21 balancing statement for each year, in there you have the option to claim tax back on medical expenses. Any time you visit a doctor you can claim the tax back on that.
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horsebox
Robbie Keane Born n bred in darndale. Joined: 03 Feb 2010 Location: Ireland Status: Offline Points: 34892 |
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I think you can go back and claim the last 4 years with the med 1 form.
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It was far across the sea,
When the devil got a hold of me, He wouldn't set me free, So he kept me soul for ransom. na na na na na na na na na na na na na na na na na. I'm a sailor man from Glasgow to |
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gufct
Jack Charlton Trapattoni could manage me any day! Joined: 15 Feb 2009 Location: Ireland Status: Offline Points: 6518 |
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You can also do it online. You need to set him up on my account on Revenue.ie.
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One City,One County,One Club GUFC will be back.
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Hans Moleman
Roy Keane Muff: That is a lie and you are a liar Joined: 09 Aug 2012 Status: Offline Points: 10199 |
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If he paid tax in a year,he's entitled to claim medical expenses back. If he hasn't paid any tax in the past year or 2, he can't claim anything back in those years.
Set up an online account, used to paye anytime not sure of it's exact name now, that is the easiest way to do it. As said, he can then claim whatever in the previous four years i.e 2015-2018 - make a move on that though because of you let that drag on for 6 months or so, the chance to claim back on 2015 goes at the start of 2020 if you get me! Also, if he had health insurance at the time of these medical expenses and he has already claimed some money back on these, e.g. GP receipts 50 percent back in a lot of insurance setups, he may not be able to claim tax back on those same receipts. That's something to check out with a professional if that is the situation. The tax office, phone call or pop in, are usually very good to deal with tbf.
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"I called him an embarrassment to FIFA and to himself," .... He said 'No-one speaks to me like that'.... and I said, "well I do' and that was that."
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Gaz
Moderator Group You'll always be Gazsh to me. Joined: 18 Oct 2007 Location: Ireland Status: Offline Points: 11579 |
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Agree with the advice on the medical receipts and doing a P21 balancing statement
Question on the house sale - was it his own house that he sold? If it was his principal private residence (PPR) then he shouldn't have paid any tax on the sale
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I dont email the count anymore, its been 9 months : ( He even sent me a YBIG scarf for my Birthday
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rossieman
Roy Keane Joined: 01 Apr 2011 Status: Offline Points: 14254 |
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set up an account on Revenue on line services.Claim for the last 4 years and revenue will decide the amount of tax back is due if any.Since he is retired he may not be due anything as he might not have been PAYE for any of those years,not sure the process if he isnt PAYE. |
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Gaz
Moderator Group You'll always be Gazsh to me. Joined: 18 Oct 2007 Location: Ireland Status: Offline Points: 11579 |
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Say if you pay €50 to see a GP and get €25 back from the VHI. You can claim tax back on the €25 that you're out of pocket. The tax you get back is the €25 @ 20% = €5
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I dont email the count anymore, its been 9 months : ( He even sent me a YBIG scarf for my Birthday
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Hans Moleman
Roy Keane Muff: That is a lie and you are a liar Joined: 09 Aug 2012 Status: Offline Points: 10199 |
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Is that definite, I've been meaning for ages to get that clarified. Not that it's worth much money back to me or anything.
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"I called him an embarrassment to FIFA and to himself," .... He said 'No-one speaks to me like that'.... and I said, "well I do' and that was that."
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t_rAndy
Robbie Keane Joined: 06 Feb 2008 Location: Ireland Status: Offline Points: 26257 |
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Thanks for all info.
He might not have paid tax on the sale at the time. I remember there was some bill he had to give to revenue but might have been to do that he had money from the sale the house but he had still claimed the dole. |
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SuperDave84
Robbie Keane ooh Thomas, how could you do this to me! Joined: 26 Aug 2011 Location: Far Fungannon Status: Offline Points: 21384 |
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Would you not get it back at the marginal rate, so if your marginal rate is 40%, you get €10?
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Hans Moleman
Roy Keane Muff: That is a lie and you are a liar Joined: 09 Aug 2012 Status: Offline Points: 10199 |
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Am I wrong or did they not change the marginal rate thing for expenses? You used to be able to claim back 40 percent if that's what you were paying , but they've capped it at 20 percent no matter what now I think?
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"I called him an embarrassment to FIFA and to himself," .... He said 'No-one speaks to me like that'.... and I said, "well I do' and that was that."
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SuperDave84
Robbie Keane ooh Thomas, how could you do this to me! Joined: 26 Aug 2011 Location: Far Fungannon Status: Offline Points: 21384 |
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Oh sorry, I just had a look on revenue.ie and it seems you are right. Full time nursing home costs are fully tax deductible though, albeit I imagine that it is rare enough that someone is both a higher rate tax payer and in full time nursing home care.
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LO SCIENZIATO
Liam Brady Fucknut Of The Year Joined: 24 Aug 2018 Status: Offline Points: 1520 |
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cough cough.... Byrner
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pre Madonna
Robbie Keane I am MALDING Joined: 30 Nov 2014 Location: Trumpton Status: Offline Points: 44659 |
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He is called ‘Guppy’ these days.
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Roberto Baggio
Robbie Keane UNBELIEVABLE JEFF Joined: 28 Jan 2010 Status: Offline Points: 37346 |
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Something smells fishy here alright
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Gaz
Moderator Group You'll always be Gazsh to me. Joined: 18 Oct 2007 Location: Ireland Status: Offline Points: 11579 |
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Yep
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I dont email the count anymore, its been 9 months : ( He even sent me a YBIG scarf for my Birthday
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Gaz
Moderator Group You'll always be Gazsh to me. Joined: 18 Oct 2007 Location: Ireland Status: Offline Points: 11579 |
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Correct
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I dont email the count anymore, its been 9 months : ( He even sent me a YBIG scarf for my Birthday
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