Income Tax Refunds

ADONI · Postby **ADONI** » January 9th, 2015, 10:07 am

Guess as election this year, road paving taking first priority...

Strugglerzinc · Postby **Strugglerzinc** » March 4th, 2015, 12:39 pm

Refund received

pioneer · Postby **pioneer** » March 4th, 2015, 5:27 pm

Still waiting...submitted sept 29, 2014.

redmanjp · Postby **redmanjp** » March 4th, 2015, 7:22 pm

88sins wrote:
Mark! wrote:Natio recently did mines and submitted.
Cant wait for my returns

dis alone would send up a red flag in my book

mitch1980 · Postby **mitch1980** » March 5th, 2015, 2:14 pm

Filed April 2014...still waiting sigh...........

K74T · Postby **K74T** » March 5th, 2015, 5:24 pm

mitch1980 wrote:Filed April 2104

mazdatt · Postby **mazdatt** » March 5th, 2015, 7:41 pm

I saw this is the Guardian last month...

guess another case where "your Government working for you"

http://www.guardian.co.tt/business/2015 ... refund-yet
Published: Saturday, February 7, 2015

One expected that by this time income tax payers who filed their returns prior to the April 30, 2014 deadline, would have received their tax refunds for 2013. Instead, some of us have gotten notices of having been audited for 2008 though no tax is owed! To date, not one of the two dozen or so people I assist with filing their returns has received his/her refund—an untenable situation, if you ask me.

This letter is a plea to the Board of Inland Revenue and whoever else is responsible for this injustice to pay 2013 tax refunds without further delay.

T Leslie Ferdinand,
via e-mail

pioneer · Postby **pioneer** » March 5th, 2015, 8:40 pm

Umm that's PSA working for you.

neilsingh100 · Postby **neilsingh100** » March 21st, 2015, 9:15 am

This is ridiculous, government can pay the unproductive PSA workers increased salaries who take more than 1 year to process a tax refund for the same tax payers that pay their salaries.

88sins · Postby **88sins** » March 21st, 2015, 11:16 am

neilsingh100 wrote:This is ridiculous, government can pay the unproductive PSA workers increased salaries who take more than 1 year to process a tax refund for the same tax payers that pay their salaries.

that's the beauty o irony isn't it :lol:

pioneer · Postby **pioneer** » March 21st, 2015, 11:17 am

And if they stick to pay arrears they quick to protest.

Kenjo · Postby **Kenjo** » March 31st, 2015, 4:56 pm

does anyone know where to put private medical insurance as a tax deduction?i have for pension but i cant find where to enter for this.

X_Factor · Postby **X_Factor** » March 31st, 2015, 5:01 pm

^i am not sure if thats even an acceptable deduction...

Kenjo · Postby **Kenjo** » March 31st, 2015, 7:25 pm

anyone else has any other ideas of applicable tax exemptions?

trinigamer · Postby **trinigamer** » March 31st, 2015, 8:04 pm

http://www.ird.gov.tt/load_page.asp?ID=79

Pensions deductions are now 50k from this year

Country_Bookie · Postby **Country_Bookie** » April 1st, 2015, 2:50 pm

Why don't you guys file a TD1 at the start of the year with all of your projected deductions for the year? If u have $30k in deductions then your personal allowance would be increased from $60k to $90k. You then get your payroll department to adjust your monthly taxes to only pay taxes on your income above $90k and therefore have no need to claim for a refund at the end of the year.

Of course you need to provide them with evidence to support the deductions. For annuities/TISP plans etc, they accept the statement that you get at the start of the year showing your projected payments. Not sure what they would require for alimony/child support payments etc. Maybe the court order. But feel free to email them, they take a while to respond but eventually they will answer.

simplejack · Postby **simplejack** » April 1st, 2015, 3:23 pm

Question: If you filed your taxes and realized you owe the government money, do you pay it from inception when you drop off your form? or you drop off your forms and wait for them to confirm the figure on the spot or they usually send you a correspondence later on when they confirm the figure?

88sins · Postby **88sins** » April 2nd, 2015, 1:24 pm

they will send you a notice to let you know how much & by when you have to pay. no sense rushin to pay, your second figure may be wrong as well & you could owe more or less depending

but if you wish you can go & pay before you get the notice, just make sure the payment & receipt show it relates to the relevant period of the return in question

jsm1985 · Postby **jsm1985** » April 2nd, 2015, 11:34 pm

Hi, can tax refunds be retroactive? I purchased a home back in November 2011 and only now discovered that I am eligible for a tax refund on this ($18000 per year for 5 years).

Thanks for any info

88sins · Postby **88sins** » April 3rd, 2015, 8:18 am

Depends.
Once you filed your returns in 2011/2012/2013 already & didn't claim, you cannot re-file for the same years & claim again looking for a retroactive refund.
If you haven't filed for those years yet, then you can do so now & would be eligible to claim for the mortgage interest paid in the years in question.

mitch1980 · Postby **mitch1980** » April 16th, 2015, 4:10 pm

filed April 2014
received returns cheque April 2015

mazdatt · Postby **mazdatt** » April 16th, 2015, 5:27 pm

mitch1980 wrote:filed April 2014
received returns cheque April 2015

Government working for you...

I filed mine at the end of May last year so guess there is still some hope...

Postby **jsr** » April 30th, 2015, 10:39 am

Hi

How long is the cheque you receive valid for. If it has expired what is the procedure to still get the returns. Reason why I ask is that i am out of the country

Dizzy28 · Postby **Dizzy28** » April 30th, 2015, 11:12 am

jsr wrote:Hi

How long is the cheque you receive valid for. If it has expired what is the procedure to still get the returns. Reason why I ask is that i am out of the country

Aren't GORTT checks valid for 6 months??

pioneer · Postby **pioneer** » April 30th, 2015, 6:20 pm

Still no refund

I heard they have a backlog and yet to even scan people claims...so it showing up as "not received" doe mind you drop it on how long now.

Postby **pete** » May 2nd, 2015, 6:34 am

Also the 18k is a deduction so you only would get back 25% of that. I'm still waiting over a year for my lawyers to finalize my purchase so I can start to get that deduction..

pioneer · Postby **pioneer** » May 2nd, 2015, 9:45 am

Seems that I somehow owe for 2014...come at me govt

rfari · Postby **rfari** » May 12th, 2015, 5:59 pm

Got my tax return for income year 2013. If that cheque bounce kamala owe me some of what she used to give sharma when she was staying by gopaul dem

neilsingh100 · Postby **neilsingh100** » May 12th, 2015, 7:28 pm

rfari wrote:Got my tax return for income year 2013. If that cheque bounce kamala owe me some of what she used to give sharma when she was staying by gopaul dem

When and where did you file your return?

rfari · Postby **rfari** » May 12th, 2015, 7:32 pm

neilsingh100 wrote:
rfari wrote:Got my tax return for income year 2013. If that cheque bounce kamala owe me some of what she used to give sharma when she was staying by gopaul dem

When and where did you file your return?

Either late Dec 2014 or early Jan 2014. Pos office