![\"Survey](\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/09\/0a60f82b-ff3b-4f21-b83a-60281a652d5f.jpg\")
<\/p>\nFear of making a costly mistake is uppermost in the minds of those who file, according to research commissioned by tax advisory firm FastTax.ie.<\/p>\n
Formerly called PayLessTax.ie, FaxTax.ie helps people file returns online.<\/p>\n
<\/p>\n
Survey found many Irish taxpayers fear they are not claiming allcredits they are eligible for. Photo: stock image<\/p>\n
Today’s News in 90 Seconds – September 24th <\/p>\n
The self-employed and PAYE earners who have untaxed income, such as rental income or dividends, have to file a tax return called Form 11 by the end of next month. People filing online have until November 19.<\/p>\n
The phrase \u201ctax return\u201d conjures feelings of stress and anxiety for more than half of survey respondents, according to the survey conducted by iReach Insights of a nationally representative sample of 1,000 people.<\/p>\n
Three in five admitted having at least one significant worry when filing tax returns.<\/p>\n
Some reported feeling organised or confident, but the dominant emotion was apprehension.<\/p>\n
Nearly 40pc of respondents said \u201cfear of making innocent mistakes that could be costly\u201d was their biggest worry.<\/p>\n
This was closely followed by \u201cbeing overwhelmed or confused\u201d.<\/p>\n
The findings highlight some of the emotional and practical difficulties people face<\/p>\n
The research indicates that less than half of Irish adults are confident they are claiming all eligible tax credits and deductions, suggesting many could be missing out on entitlements.<\/p>\n
A quarter of people said they spent a day or more working to file their taxes every year.<\/p>\n
Cathal Maxwell, the founder of FastTax, said the process should be taking no longer than two hours, with many customers completing their return in under one hour.<\/p>\n
This was provided they had the right information and supports, he said.<\/p>\n
Kel Galavan, a money coach and founder of Mrs Smart Money, said the research showed that for many people the tax season was a period of genuine stress and uncertainty.<\/p>\n
\u201cThe findings highlight some of the emotional and practical difficulties people face,\u201d she said.<\/p>\n
\u201cFrom fear of errors to the complexity of the process, it\u2019s clear taxes are a source of anxiety and confusion for a majority of Irish adults.\u201d<\/p>\n
The market research also found that one in three respondents do not know whether they are even required to file a Form 11.<\/p>\n
Nearly a quarter of respondents could not identify any scenario for which a Form 11 is required.<\/p>\n","protected":false},"excerpt":{"rendered":"Fear of making a costly mistake is uppermost in the minds of those who file, according to research…\n","protected":false},"author":2,"featured_media":31080,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,3361,61,60,3362,11522,5066],"class_list":["post-40293","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-charlie-weston","tag-ie","tag-ireland","tag-money-experts","tag-revenue-commissioners","tag-tax"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/40293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=40293"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/40293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/31080"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=40293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=40293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=40293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}