Over 300,000 taxpayers in Ireland could be due a tax refund in the coming months after overpaying their taxes last year, Revenue has said.
The estimate relates to households that have not yet submitted tax returns for 2021, although workers will have to file their return to check if they are entitled to a refund. Consumer tax manager with Taxback.com, Marian Ryan told Independent.ie that many households overpay taxes due to starting a new job, getting married or a divorce.
Ms Ryan said that increase in the number of people who have overpaid tax this year through the PAYE system is likely due to people underpaying during the pandemic. She said: “They are funny years, 2020 and 2021, as the vast majority of people who would have got the wage subsidy or the PUP ended up with underpayments for a long time."
