A good time to claim tax relief, says TD Feighan

January offers a good opportunity for Sligo people to avail of the tax reliefs to which they are entitled on expenses including medical bills and working from home. People can claim relief on the cost of health expenses, which can be yours or those of a family member. 20% tax back can be claimed on health and medical expenses and non-routine dental expenses. You can also claim 20% tax back on the cost of private medical insurance. Medical expenses can be claimed easily by using the my Account facility on the Revenue website and ensuring you keep the receipts for what you are claiming, Minister of State Frank Feighan has stated.

PAYE workers can claim e-working expenses incurred across last year. In 2021, the allowable cost was 10% of electricity and heat and 30% of broadband.

From January 1, an income tax deduction amounting to 30% of the cost of vouched expenses for heat, electricity and internet incurred while working from home can be claimed by taxpayers. The employee must have incurred the cost and it is the responsibility of the employee to retain proof such as receipts.