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PAYE/PRSI Query

bs2014 · 2015-01-26 13:24:47

Hi all, I started a job in June and the company payed my a starting bonus of €2400, it all has to be given back if leave within year 1, and half within year 2. (I would of rathered it at the end). Anyways, I paid quite abit of tax on it. Q1. I am strongly thinking of leaving the company soon, just wonder if I pay the…

26-01-2015 1:24pm

#1

bs2014

Registered Users, Registered Users 2 Posts: 734 ✭✭✭

Join Date: October 2013

Posts: 597

Hi all,

I started a job in June and the company payed my a starting bonus of €2400, it all has to be given back if leave within year 1, and half within year 2. (I would of rathered it at the end). Anyways, I paid quite abit of tax on it.

Q1. I am strongly thinking of leaving the company soon, just wonder if I pay the company the €2400 back, will I be entitled to the tax I paid on the amount in my first pay cheqye.

Q2. I only realised recently that the €2400 bonus I earned has pushed me over the 4% PRSI threshold for 2014. If I pay the €2400 bonus back, would I be entitled to a PRSI refund.

Thanks.

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