What does “underpayment” mean?

Tax you didn’t pay in full. Revenue often collects it by lowering your tax credits over a few years.

You may see it in letters from

• Revenue (Revenue Commissioners) — Tax office

“underpayment” is a English word used in official letters in Ireland. Briefly explains words like this automatically when you check a letter.

More office words

tax credits · USC · PRSI · Local Property Tax · phased payment arrangement · Tax Appeals Commission · Intreo · MyWelfare · all words