Test yourself Question 1 of 6 Question 1 of 6
At which stage of the IRPEF calculation does a deductible charge act?
On net tax, after credits On income, before the bands are applied On gross tax, like a credit Only on advance payments
Question 2 of 6 Question 2 of 6
How much does someone declaring €60,000 save by deducting €1,000?
€190 €230 €330 €430
Question 3 of 6 Question 3 of 6
Someone declaring €28,500 deducts €1,000. What is the saving?
€230 €280 €330 €380
Question 4 of 6 Question 4 of 6
A credit exceeds the gross tax left. What happens to the surplus?
It is refunded through payroll It carries forward to next year It is lost: neither refundable nor carried forward It turns into a deduction
Question 5 of 6 Question 5 of 6
What is a €1,000 expense credited at 19 percent worth to someone declaring €40,000 with enough tax?
€190 €330 €43 It depends on the band
Question 6 of 6 Question 6 of 6
Can a taxpayer usually choose whether to deduct or credit an expense?
Yes, always No: the rule decides whether the expense is deducted or credited Only on the Redditi PF return Only above €50,000 of income
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