Switched job first week Jan, right to be screwed in first payslip?

cefh17

Hi,

I moved jobs in the first week in January, both the old and the new job pay monthly on the 22nd for that month in full. 22nd January I get my final payslip from the old company and the pay is roughly 1/4 of what it would be, as I'd expect.

Missed the deadline for payroll in the new company and didn't take the advance offered, so today I got paid my February in full, and say 3/4 of January. I submitted my P45 from the previous employer a week before payday and PRSI class is A1 so I don't think that's the issue

Using the deloitte tax calculator, for example I will normally get €100 per month, is it too naive to think I'd get the €100 (Feb) and €75 (Jan) or do the unused tax credits from January not roll over?

EDIT: Figured it out, both months were lumped together.. so all of the backpay was basically at 40% PAYE, the higher/highest USC etc, hence the tax deductions being so high.. is there any way of claiming this back? It's skewing my perceived salary as being 60k+ when clearly it's not

Taylor365

cefh17 wrote: »

Hi,

I moved jobs in the first week in January, both the old and the new job pay monthly on the 22nd for that month in full. 22nd January I get my final payslip from the old company and the pay is roughly 1/4 of what it would be, as I'd expect.

Missed the deadline for payroll in the new company and didn't take the advance offered, so today I got paid my February in full, and say 3/4 of January. I submitted my P45 from the previous employer a week before payday and PRSI class is A1 so I don't think that's the issue

Using the deloitte tax calculator, for example I will normally get €100 per month, is it too naive to think I'd get the €100 (Feb) and €75 (Jan) or do the unused tax credits from January not roll over?

EDIT: Figured it out, both months were lumped together.. so all of the backpay was basically at 40% PAYE, the higher/highest USC etc, hence the tax deductions being so high.. is there any way of claiming this back? It's skewing my perceived salary as being 60k+ when clearly it's not

Next year, request a p21.

cefh17

Taylor365 wrote: »

Next year, request a p21.

Thanks for your reply taylor.. I rang revenue there and they basically said the tax I paid for the amount I got was correct, which it was. But it was down to the way my employer processed the back pay, paying it in one payslip and not two that has me screwed. Will the P21 fix that next year?

The P45 might not have been processed before the payroll date - you could still be on emergency tax - what does your pay slip say?

When you switch jobs revenue often put you on a week one/month one basis automatically meaning that each month is treated individually rather than looking at your pay for the year to date - it could be that.

Turkish1

[Deleted User] wrote: »

The P45 might not have been processed before the payroll date - you could still be on emergency tax - what does your pay slip say?

When you switch jobs revenue often put you on a week one/month one basis automatically meaning that each month is treated individually rather than looking at your pay for the year to date - it could be that.

This is likely the issue. Check your tax credit cert and see if it is on a 'Week 1' basis or on 'Normal'.

Week 1 you will get tax credits and SRCOP (rate at which 40% PAYE applies) of 1/12th your annual amount.

Normal - it is done on a cumulative basis and therefore it will take your pay year to date and also tax credits year to date to get your tax.

Sounds like you are on week1 basis and therefore didnt get the benefit of the unused credits/cut off for Jan. If you get this sorted and on a normal basis you will get the benefit in your next pay slip.

cefh17

Turkish1 wrote: »

Sounds like you are on week1 basis and therefore didnt get the benefit of the unused credits/cut off for Jan. If you get this sorted and on a normal basis you will get the benefit in your next pay slip.

Had a look again and it's Week 1, I thought it was just the A1 note that mattered.. so I'm likely to get the tax I shouldn't have paid back as extra cash/credit?

Turkish1

cefh17 wrote: »

Had a look again and it's Week 1, I thought it was just the A1 note that mattered.. so I'm likely to get the tax I shouldn't have paid back as extra cash/credit?

Im summary yes. When you get it sorted you will pay less tax that month meaning your take home pay will be higher.

Not 100% sure if you need to contact revenue about it or whether they will update your tax credits automatically to normal (maybe P45 not fully processed on their side by the time your company february payroll cut off?)

amtc

No you need to ring and ask for cumulative cert