PAYE/PRSI/USC

DamienOB

Hello,

Im just wondering if someone would have a better understanding than me on this issue.

5 weeks ago, after i finished college, i got a full time job. I received my first wage slip after a week, in which i paid PAYE/PRSI and USC.

The second weeks wage slip came out as a return of the first weeks PAYE, with USC and PRSI still been charged.

I havent paid any PAYE to date.

This is my first job of the year, and i aint worked in over 1.5 years.

My Q is when will i start paying PAYE? I assume im getting an allowance up to a certain amount, then itll kick in.

Is there any way (Website/Calculator) of working out how much PAYE/PRSI/USC will be paid from my wages?

Thanks very much

Damien

relax carry on

DamienOB wrote: »

Hello,

Im just wondering if someone would have a better understanding than me on this issue.

5 weeks ago, after i finished college, i got a full time job. I received my first wage slip after a week, in which i paid PAYE/PRSI and USC.

The second weeks wage slip came out as a return of the first weeks PAYE, with USC and PRSI still been charged.

I havent paid any PAYE to date.

This is my first job of the year, and i aint worked in over 1.5 years.

My Q is when will i start paying PAYE? I assume im getting an allowance up to a certain amount, then itll kick in.

Is there any way (Website/Calculator) of working out how much PAYE/PRSI/USC will be paid from my wages?

Thanks very much

Damien

As its your first job of this tax year, you will have a build up of unused rate band and credits to work through before you pay PAYE. You could try the link below for how to work out your PAYE yourself rather than using a calculator. It's relatively straightforward as its basic maths.

http://www.revenue.ie/en/personal/faqs/how-do-i-work-out-my-tax.html

The link for USC rates is here. Check out the examples sheet to see how it works in practice.

http://www.revenue.ie/en/tax/usc/index.html

PRSI rates are here.

http://www.welfare.ie/EN/Publications/SW14/sw14_jul11/Pages/MainPRSIChangesfor2011.aspx

namenotavailablE

Or if you still would prefer a calculator, see my signature (you need to be logged in) or profile for an Excel calculator

DamienOB

Thanks very much for the replies. Thought i had unused credits but wasnt too sure myself

DamienOB

Sorry, just one more Q. Is there a way of telling when i will start paying PAYE so i can budget for it? I easily worked out PAYE im expecting to pay, just when is the next Q

That is some calculator namenotavailabl

namenotavailablE

Hi Damien,

If you've entered your details into the spreadsheet (including your start period) you'll see the per pay period calculations on the second worksheet ('Net pay calculations').
You can then identify the period when you'll start paying PAYE
Glad you found it good- pass it on to anyone else you think might need it!

DamienOB

namenotavailabl wrote: »

Hi Damien,

If you've entered your details into the spreadsheet (including your start period) you'll see the per pay period calculations on the second worksheet ('Net pay calculations').
You can then identify the period when you'll start paying PAYE
Glad you found it good- pass it on to anyone else you think might need it!

That is Fantastic, Absolutely spot on to what i have received, and now i now what to expect to receive too.

I'm blown by the effort, and quality of the excel sheet.

I will most definitely pass it on