Flat Rate Expenses

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Flat Rate Expenses

Do you qualify for Flat Rate Expenses in relation to your profession?

Flat Rate Expenses are employment expenses claimable depending on the profession you are in.

To ensure you claim this entitlement if available to you,  check out Revenue’s list of qualifying professions here

It’s worth noting that the following professions have now been added for the years 2019 & 2020;

  • Dietitians
  • Medical Scientists
  • Phlebotomists
  • Social Workers
  • Speech & Language Therapists

The debate on Flat Rate Expenses has recently been in the news, and we have blogged about it! Catch up on all the recent news here

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Flat Rate Expenses ‘U-Turn’

As reported in the independent.ie on 05th December, it appears the Government are about to do a U-turn on abolishing or reducing flat rate expenses for nearly 600,000 employees

Flat rate expenses are to cover work-related expenses and as we previously advised, Revenue had undertaken a review of these to be withdrawn from 1st January 2020.

It seems due to ongoing pressure and opposition from various trade unions this will now been postponed until 01st January 2021.

A Department of Finance spokesperson said, “work is ongoing on this matter”.

“Minister Donohoe will be in a position to make a statement in respect of this in due course,” they said.

We hope to have further details soon…

Get up to date and catch up on our previous blog here!

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Flat Rate Expenses to be abolished from 2020

Do you qualify for Flat Rate Expenses in relation to your profession?

Flat Rate Expenses are employment expenses claimable depending on the profession you are in.

Revenue have undertaken a review of these and despite opposition from many trade unions they will be withdrawn from 1st January 2020. If you qualify for flat rate expenses, you can still claim these for the tax years 2015 – 2019.

Please note the 2015 tax year must be claimed by the 31st December 2019. Ensure you claim this entitlement while it is still available to you.

A list of qualifying professions are available here; https://www.revenue.ie/en/employing-people/employee-expenses/flat-rate-expense-allowances/index.aspx

Why not avail of our ClaimMyTaxBack.ie service for PAYE only?

We can review the last four years for you and calculate if you are entitled to a refund for any of those years.

This review is undertaken on a No Refund/No Fee basis. Therefore, if you are not due a refund, no fee applies.

If a refund is due, our fee is 10% of your refund (minimum of €35) per year.

Should you wish to avail of this service, please request an application form at taxback@claimmytaxback.ie or visit our website www.claimmytaxback.ie

While you’re here…why not read our recent blog, on claiming your tax back for the year 2015 by 31st December 2019 deadline

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