You should first verify if the Bank interest charged actually belongs to you. If this is so, then contact your Bank so that in future the interest will not be reported to the Inland Revenue Department. There is no corrective action to be done on the Tax Statement which you received.

If the interest does not belong to you, ask your Bank to write to the Inland Revenue Department correcting the error. You should then fill in an Adjustment Form (AF 1) to correct the Tax Statement.

Yes. All balances due as from basis year 1998 remain subject to a 1% interest per month or part thereof even if covered by an instalment agreement.

You can either phone, write or call personally at our Customer Help Section and give the necessary details namely:

• Identity Card Number
• Name and address (as per ID card)
• Husband`s date of death
• Husband`s Identiy Card Number (or Tax number if foreigner)

In this case your employer should have supplied you with two Payee Statement of Earnings Forms (FS3), one to cover your earnings up to the date of marriage and the other for your earnings after the marriage date. The marriage FS3 is to be attached to your own Tax Declaration/Return whilst the other is to be included with your husband`s Tax Declaration/Return.

The Tax Status in both Returns is to be adjusted to show your present marriage status.

Employed taxpayers who also have income from part-time work as a self-employed can opt to fill in form TA22 and pay a tax of 15% on the Net Profit from the part-time job. The maximum amount of profit which can be subjected to this rate is €3,000. Any amount in excess of this will have to be declared in the Income Tax Return and will be taxed in the normal standard rates. The income shown in form TA22 is not to be included by the taxpayer in his annual Income Tax Return unless he wishes to claim back the tax so paid.

The 15% Final Withholding Tax can be claimed back through the Income Tax Return. The tax to be refunded back is to be inserted in box 29 of the Income Tax Return whilst the corresponding Bank Interest earned is to be declared in Box 8b of the relative return. This option is valid only up to the interest earned for basis year 2001 .

Yes, you can reduce the amount of provisional tax due for the current year by filling a PT reduction form which can be obtained from the Department of Inland Revenue. The PT demand will be adjusted and based on your declaration. However, if the Tax Statement for the year in question results in Provisional Tax not paid in full, the amount underpaid is subjected to a 1% interest per month or part thereof.