A new single Person Credit was introduced in the latest Finance Act. It has replaced the One Parent Family Tax Credit from 1 January 2014. Tax Credit Certificates for 2014 are being issued to taxpayers whose PAYE deductions may be affected by this change.
Where Revenue has enough information, the new credit has been given automatically and is included in your Tax Credit Certificate. Read the information included on the Tax Credit Certification and the accompanying letter carefully and check that the Certificate is correct.
If you have not been given the credit but feel you are entitled, you will need to apply. More information including frequently Asked Questions and application forms are available on www.revenue.ie/go/146/ or from your local Revenue Office:
Border midlands West Region 1890 777 425
For more information, advice or guidance please contact our Office on 071 91 47580 or email jason@mcdowellaccountants.ie