Revenue concludes 2025 PAYE correspondence campaign
Since 2022 Revenue has written to over 900,000 PAYE taxpayers to encourage them to use its quick, easy and free myAccount service to file a PAYE Income Tax Return and finalise their tax position. This correspondence campaign has continued this year and, over recent months, Revenue has already issued over 400,000 letters to PAYE taxpayers who, based on information available to Revenue, may have overpaid or underpaid tax in either 2021 or 2022.
On 01/09/2025, Revenue advised that it has commenced the final stage of its 2025 PAYE correspondence campaign and is issuing a further 286,000 letters to PAYE taxpayers in the coming days. These letters will issue to those who, based on information available to Revenue, may have overpaid or underpaid tax in 2023.
The correspondence issued as part of Revenue’s letter campaign outlines that a preliminary end of year statement (PEOYS) is made available to all PAYE taxpayers in myAccount, and indicates if the individual’s provisional tax position is balanced, or if there is a potential over or under payment. In order to finalise their tax position, PAYE taxpayers simply review their PEOYS and add any missing details when completing their PAYE Income Tax Return.
PAYE taxpayers are reminded that Revenue’s myAccount service is available 24 hours a day, 7 days a week, and can be accessed through the Revenue website or a verified MyGovID account. Revenue uses all the information available to it to pre-populate PEOYS and returns and therefore, for the vast majority of PAYE taxpayers, filing a return is a straightforward process they can complete themselves at a time that suits them.
Speaking today Aisling Ní Mhaoileoin, Revenue’s National PAYE manager, commented:
“Engagement from those who have already received correspondence from Revenue as part of this year’s campaign has been very positive to date. Over 180,000 PAYE Income Tax Returns have been filed on foot of the letters we have issued over recent months, and almost 50% of those returns resulted in a refund of overpaid tax. However, our records indicate that a further €205 million tax may have been overpaid in 2021 and 2022, and an additional €143 million may have been overpaid in 2023.
The only way to ensure you receive any additional tax credits you are entitled to, like the rent tax credit, mortgage interest tax credit or relief for health expenses, is to make a claim for them. You can do this yourself, through myAccount.”
Individuals’ PEOYS will also show all income linked to their Revenue record. If taxpayers have earned additional income from other sources, they will need to include details of this income in their PAYE Income Tax Return.
Additional income may include income earned through casual or seasonal work, rental income, or income from other sources which has not been taxed through the PAYE system. It may also include certain taxable payments received from the Department of Social Protection (DSP). An underpayment of tax may arise in respect of taxable DSP payments if Revenue has not received prompt notification of the amount or duration of such payments to enable the tax due on same to be collected through a reduction of the individual’s tax credits or tax rate band.
Addressing concerns that PAYE taxpayers may have if they have an underpayment, Aisling Ní Mhaoileoin added:
“If you owe Revenue money, we’ll work with you to find a suitable payment option.
We generally collect any underpayment by reducing the taxpayer’s future tax credits over a period of four years. This means that an underpayment of €400 will be collected by reducing the individual’s tax credits by approximately €2 a week over the next four years.
If a taxpayer is entitled to claim any additional tax credits or reliefs, this may reduce any underpayment they have. It is, therefore, vitally important for PAYE taxpayers to file a PAYE Income Tax Return and finalise their tax position.”
All PAYE taxpayers, including those who have not received a letter from Revenue as part of this campaign, can review their tax position for each of the years from 2021 – 2024 on myAccount. It should, however, be noted that the deadline for claiming any additional tax credits or reliefs due for the 2021 tax year is 31 December 2025.
[ENDS 01/09/2025]