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  • Um… over €171m remains unclaimed by Irish taxpayers for Remote Working Relief
News

Um… over €171m remains unclaimed by Irish taxpayers for Remote Working Relief

By Yay Cork April 14, 2022April 13, 2022

Every little helps, right?

Over €171 million remains unclaimed by Irish taxpayers for Remote Working Relief alone over the last two years.

Despite the fact that the average tax rebate tops a whopping €1,092, only 10% of remote Irish workers have availed of the working-from-home tax relief to date, according to tax back specialists, Irish Tax Rebates.

While most people working from home nowadays, whether their arrangement is fully remote or operating on a hybrid model, are generally eligible, the Revenue Commissioners of Ireland have confirmed that only 58,157 claims have been received for working from home relief for 2021 at a value of €10.1 million, compared to 93,000 Working from Home claims in 2020 at a value of €13 million.

The latest 2022 reports show that 75% of people working remotely are entitled to Remote Working Relief. A notable increase on 2021.

Increasing electricity and heating costs have had a significant impact on the utility bills of those working from home in recent months and a proportion of these costs can be claimed back through the remote working tax credits.

“In line with current Revenue statistics, we have seen a 37% drop in individuals claiming Remote Working Relief, despite the average working from home tax rebate increasing by 24%” states Martin Brennan, Managing Director of Irish Tax Rebates.

“We are working hard to ensure hard-working individuals do not overpay their Irish tax, with clients receiving an average tax rebate to the value of €1,092.”

Tags: Money, working from home
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