"Payroll 2010" Now Live!

For the first time ever, you can now PURCHASE your very own copy of
"A Complete Introduction to Irish Payroll Practice" completely updated for Tax Year 2010.
*Please note: this is a digital download product only!

Visit http://www.cops.ie/elearning.html for details, ONLY 200 Copies available!!!

Unpaid Leave: Tax Implications

If you worked fewer days or you stopped working during the year you may have paid too much tax. If you think that you have overpaid tax in the year you can request a PAYE Balancing Statement (P21) for the year from Revenue. Your P21 gives details of your total income, tax credits and PAYE tax paid for the tax year. It also shows whether you have overpaid or underpaid tax for the year. If you have overpaid tax, a cheque for the amount overpaid will be attached. If you have underpaid tax your district office will indicate if, and how the underpayment will be collected - usually by reduction of your tax credits for a subsequent tax year.

Keepingyourhome.ie

Keepingyourhome.ie is provided by the Citizens Information Board and the Money Advice and Budgeting Service (MABS). Keepingyourhome.ie aims to provide comprehensive information on the services and entitlements available if you are having difficulties paying your rent or making your mortgage repayments.

Visit www.keepingyourhome.ie for details

Work Placement Programme, What is it?

The FÁS Work Placement Programme provides nine months’ work experience for unemployed people and graduates. There are two streams: Stream 1 provides 1,000 places for graduates and Stream 2 provides 1,000 places for unemployed people (with 250 of these places reserved for people under 34). Placements are allocated to each FÁS region according to the number of people on the Live Register in that region. Placements are allocated on a ‘first come, first served’ basis.

You can register with FÁS at any local FÁS Employment Service Office or Local Employment Service Office (LES).

Eighteen firms shut for each day of Cowen reign!!

The devastating impact of the recession on the private sector is revealed today as 127 companies a week or 12,049 in total have been forced to close, since Brian Cowen has become Taoiseach. Shocking new figures from the Revenue Commissioners reveal that since 2008, 12,049 firms and 40,758 individuals have officially ceased trading.

That works out as 127 company closures a week for each of the 95 weeks Mr Cowen has been Taoiseach or 18 a day, far higher than all previous estimates. In addition to those closing, 429 individuals a week have ceased trading since 2008 or 61 a day in the last two years.

Tax Refunds if Unemployed?

Jobseekers Benefit is a taxable source of income. However, any child dependent element and the first €13 per week of benefit are exempt from tax. When you make a claim for a tax refund the taxable portion of the Jobseekers Benefit will be added to your pay and the appropriate refund, if any, will be made. You should note that if the weekly amount of your Jobseekers Benefit exceeds your weekly tax credit you will not be entitled to a refund.

If you have any comments or queries please use the comments or email link below or visit our website @ http://www.cops.ie/

Tax Refunds!

Tax Refunds if you are Unemployed or out of work sick?

The amount of tax refund will depend on:

• The length of time you have been unemployed
• The amount of tax you have paid
• The amount of tax credits you have used
• The amount of your weekly social welfare payment
• How your tax refund is paid

Revenue will issue a cheque if you are unemployed and due a tax refund.

If you are out of work sick, when you return to work your employer usually refunds your tax in your first weeks wages. If you think you may be due a tax refund contact your local district tax office.

If you have any comments or queries please use the comments or email link below or visit our website @ http://www.cops.ie/