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

Civil Servant - 4 day week - tax implications...?

  • 20-06-2014 8:11am
    #1
    Dinarius
    Registered Users, Registered Users 2 Posts: 3,435 ✭✭✭


    My wife is a civil servant - Assistant Principal, highest scale - and is considering switching to a four day week.

    We are wondering what the tax implications would be.

    Would she take home 80% of what she is currently taking home? Less? More?

    Anything else she should be considering with a move to a four day week?

    Many thanks.

    D.


Comments

  • #2
    Geuze
    Registered Users, Registered Users 2 Posts: 14,242 ✭✭✭✭Geuze


    Her gross will be 80% of previous gross.

    But her net will not, due to the progressive nature of our income tax system.

    Her net will be greater than 80% of previous net.


  • #3
    Dinarius
    Registered Users, Registered Users 2 Posts: 3,435 ✭✭✭Dinarius


    Geuze,

    Many thanks. That's positive. :)

    Given the limited opportunities for promotion - she should have been a Principal Officer ages ago - she is very tempted.

    She will probably wait until the next P.O. interview. If she doesn't get it, then that will decide the issue.

    D.


  • #4
    barneystinson
    Registered Users, Registered Users 2 Posts: 4,686 ✭✭✭barneystinson


    Dinarius wrote: »
    Geuze,

    Many thanks. That's positive. :)

    Given the limited opportunities for promotion - she should have been a Principal Officer ages ago - she is very tempted.

    She will probably wait until the next P.O. interview. If she doesn't get it, then that will decide the issue.

    D.

    Are we a tad bit biased, saying she should've been a PO ages ago...! :p

    Seriously though, while she will lose 20% of her gross, assuming she's in the union and income continuance, her marginal rate of deduction including everything, would be about 65%, so while her gross may go down by 15-16k her net pay will fall by about 4.5-5.5k.


  • #5
    Dinarius
    Registered Users, Registered Users 2 Posts: 3,435 ✭✭✭Dinarius


    Barney,

    Taking home circa €5k less would be manageable - just about.

    Of course I'm biased! ;) She's been a close second twice in PO interviews. But, in the current climate, there are fewer opportunities.

    Thanks again.

    D.


  • #6
    sillysocks
    Registered Users, Registered Users 2 Posts: 2,651 ✭✭✭sillysocks


    I wasn't in Civil Service but moved to a four day week in my last job. Don't have the exact figures but I definitely wasn't down the full 20%.
    If you google tax calculator ireland there's a few good ones there and you could put in her current gross first and then her 80% gross to get a rough idea.


  • Advertisement
  • #7
    namenotavailablE
    Registered Users, Registered Users 2 Posts: 59,723 ✭✭✭✭namenotavailablE


    Check my Excel spreadsheet [see my signature below for website or the about me section of 'My profile'] which handles Public Sector as well as Private Sector.

    There's also a tax calculation thread stickied at the top of the tax forum which might be helpful.

    Free Excel net pay calculator- https://taxcalc.eu/monthlyss/Employee%20PAYE%20calculator.xlsm



Advertisement