Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

December wage(and bonus) horrendously taxed

  • 18-12-2010 12:28pm
    #1
    DA365
    Banned (with Prison Access) Posts: 249 ✭✭


    So Im a single person working in Dublin.

    I normally take home around 2500 per month after tax (my salary itself is 36750)

    In my December wage - including my bonus - my total pay was 8082.22 and ive lost 3210 of that in Tax. Last year the bonus wasn't as big but I took home a lot more(even though this bonus was significantly higher)

    Does that seem accurate?


Comments

  • #2
    Alan Shore
    Registered Users, Registered Users 2 Posts: 735 ✭✭✭Alan Shore


    Seems a little high.
    Normally you pay tax at 20% on €3,033 and the balance at 41% with a monthly credit of €305. So it would around €2,400 normally.


  • #3
    Doom
    Banned (with Prison Access) Posts: 2,381 ✭✭✭Doom


    Bet you work in a bank....:pac:


  • #4
    Cookie_Monster
    Registered Users, Registered Users 2 Posts: 24,537 ✭✭✭✭Cookie_Monster


    taking home 2500 normally seem fairly high to me.
    maybe it was a correction on that if you are not supposed to have that many credits?

    the total seems about right, though.
    (similar figures to me.)

    3033 * 20% = 606 - 338 credit (paye, single, rent)
    8082-3033* 41% = 2070
    Levy 2% = 161
    PRSI say 8% = 646, will be lower due to cut off of 127 a week etc

    total PAYE = 2338
    Total: 3145


Advertisement