€100m in overpaid taxes unclaimed, says revenue

OVER €100 million is lying unclaimed because tax payers are unaware of the full range of tax reliefs.

The Revenue Commissioners yesterday launched a €400,000 public awareness campaign to run over the next few weeks to remind the country’s €1.8 million taxpayers that many of them may not be claiming their correct entitlements.

Although the tax authorities claim it is impossible to estimate how much tax is overpaid, it is believed the figure could run to over €100m and perhaps more.