Just a little over 500 a week

fAzI · 11-09-2009 11:48pm #1

hello folks

from this year my weekly salary is 506€ for week before tax so it is already highest level of PRSI and gone around 20 euro more every week

this is because i'm getting vhi together.

any ideas to lower my salary

cheers

dvpower · 12-09-2009 8:24pm

Resign

fAzI · 13-09-2009 9:26am

dvpower wrote: »

Resign

Resign?
Will you explain a little bit more what you mean ?

zenith · 13-09-2009 9:41am

Make a small pension contribution, which I think comes off before tax and PRSI and lowers your gross income, but you don't lose the money.

ParkRunner · 13-09-2009 9:47am

Get a travel ticket which gives u some tax savings??

ei.sdraob · 13-09-2009 9:58am

yes put it into pension

but who knows if that money would still be there if and when you retired

i wouldn't be surprised at all to see certain irish banks go under, and end in tears as people realize the government has no way in hell of honoring its guarantees

fAzI · 13-09-2009 11:31am

How to get this ticket?

in 29 sept we have meeting with guy from pension so i will talk with him.
thanks all

ParkRunner · 13-09-2009 11:33am

http://www.taxsaver.ie/

fAzI · 13-09-2009 11:40am

EF wrote: »

http://www.taxsaver.ie/

but i have my own car and how i can check if my company is registered?

ParkRunner · 13-09-2009 11:44am

fAzI wrote: »

but i have my own car and how i can check if my company is registered?

I can only give you advice based on the information you give and you haven't given a whole lot.

Best person to ask is your boss to see if they have registered.

mega man · 13-09-2009 11:49am

put your money into offshore accounts

fAzI · 13-09-2009 12:09pm

mega man wrote: »

put your money into offshore accounts

Which you prefer?

damo · 13-09-2009 2:28pm

I propose we make you unemployed, getting some other worker in your department to take over your duties, becuase that other worker is most likely grossly underworked and overpaid, with a very nice guaranteed pension.

These measures would reduce the burden on the taxpayer by 300 euro a week, progress.

ei.sdraob · 13-09-2009 3:41pm

fAzI wrote: »

Which you prefer?

http://www.offshore.hsbc.com/

even better setup a company offshore and have it "invoice" your irish company (can be setup for 300euro) for "services"

but its all a "gray" area and theres a fine line between tax avoidance and tax evasion

tho with the taxmoney being wasted on fat salaries, bankers and developers i've no sympathy for revenue anymore, especially with closing childrens hospitals and stopping works on infrastructure

Just a little over 500 a week

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