Why Am I Not Getting Taxed?

TheMackAttack

Hi,

I have a question regarding my recent wage and tax situation. I'm not in the know about much of the tax situation here in Ireland so hoping someone could either explain if something is amiss and maybe point me in the right direction to rectify it.

I haven't been taxed for a substantial period of time and don't know why. I received a p60 in march, am I meant to do something with that?

Below is my most recent payslip, maybe someone could have a look and determine what the issue is.

Thank you.

splinter65

Are you married? Is your spouse not in employment at the moment?

TheMackAttack

splinter65 wrote: »

Are you married? Is your spouse not in employment at the moment?

I'm currently living with my mother. I moved back in October last year and I'm registered with the council as living there.

I started working in November 2016 and stopped getting taxed in January this year.

vandriver

You don't earn enough to be taxed.
See the weekly tax credit of €63.95?
That means you can earn €319.75 per week income tax free.To date this year you haven't hit that.

MissGriff

Were you paying emergency tax in Nov and Dec ? If so, maybe that has something to do with it.

Not much help, but something else I noticed ....your time and half pay seems wrong. You worked 3 hours at that rate but only paid for 1.

Apologies, just see its half time not time half!!
Never heard of half time!!

TheMackAttack

vandriver wrote: »

You don't earn enough to be taxed.
See the weekly tax credit of €63.95?
That means you can earn €319.75 per week income tax free.To date this year you haven't hit that.

Thank you for this reply

TheMackAttack

vandriver wrote: »

You don't earn enough to be taxed.
See the weekly tax credit of €63.95?
That means you can earn €319.75 per week income tax free.To date this year you haven't hit that.

Can I as ask how this is calculated? Purely curious. Thanks

Mrs OBumble

[quote="TheMackAttack;107559461

I started working in November 2016 and stopped getting taxed in January this year.[/quote]

Contact revenue and ask for a balancing statement for 2017. They probably owe you money, but wont give it to you unless you ask for it.

yabadabado

TheMackAttack wrote: »

Can I as ask how this is calculated? Purely curious. Thanks

20% tax rate ,multiply weekly tax credit by 5.

Or get 20% of your taxable pay and if its less than your weekly tax credit then you won't be liable for tax that period.

vandriver

Is there any reason why you're not paying 0.5% USC?

vandriver

If you put up an image of the p60,we could see if you potentially overpaid tax.

Squatter

vandriver wrote: »

Is there any reason why you're not paying 0.5% USC?

Yep. That's the $64K question!

From his cumulative pay to date, he has earned €8732 in 29 weeks, an average of ~ €300 per week which suggests that his total earnings for 2018 could be in the region of €15600 meaning that USC of ~€132 would be due.

TheMackAttack

Squatter wrote: »

Yep. That's the $64K question!

From his cumulative pay to date, he has earned €8732 in 29 weeks, an average of ~ €300 per week which suggests that his total earnings for 2018 could be in the region of €15600 meaning that USC of ~€132 would be due.

I went onto the revenue website to try and find some documents you can look at that will hopefully shed some more light on the situation. Below you will find how my tax credits and rate band are currently divided according to the revenue website and the most recent Tax credit and USC certificate I received from the revenue(also through the website.

I probably should have noted that I was bumped up to 25 hours in work a few months back, from the original 20 hours I was on.

If the images below explain my situation and I do indeed own the revenue a sum like stated above, can you please tell me the best course of action to pay them and how to make sure I'm being charged my USC for the future. Basically how I can get my payslip back to normal.

If there is anything else on my end document wise or screengrab from the revenue website that can help, please let me know.

Thanks for your time.

Edit: On the second image, when you press the USC tab it just says exempt.

vandriver

TheMackAttack wrote: »

I went onto the revenue website to try and find some documents you can look at that will hopefully shed some more light on the situation. Below you will find how my tax credits and rate band are currently divided according to the revenue website and the most recent Tax credit and USC certificate I received from the revenue(also through the website.

I probably should have noted that I was bumped up to 25 hours in work a few months back, from the original 20 hours I was on.

If the images below explain my situation and I do indeed own the revenue a sum like stated above, can you please tell me the best course of action to pay them and how to make sure I'm being charged my USC for the future. Basically how I can get my payslip back to normal.

If there is anything else on my end document wise or screengrab from the revenue website that can help, please let me know.

Thanks for your time.

It's literally on the last line....please notify revenue if your income is going to exceed €13,000.
Notify them and take the hit now before the usc bill gets bigger.
At 20 hours,you were under the limit for USC exemption,at 25 hours you are over the 13k exemption limit,and need to tell revenue this.

yabadabado

Yes notify revenue now and they will set the 0.5% USC threshold lower to make up the shortfall.

scheister

MissGriff wrote: »

Were you paying emergency tax in Nov and Dec ? If so, maybe that has something to do with it.

Not much help, but something else I noticed ....your time and half pay seems wrong. You worked 3 hours at that rate but only paid for 1.

Apologies, just see its half time not time half!!
Never heard of half time!!

Id imagine its time and a half but the time in captured under the normal house and add in the extra pay here. So think of it as 22 hours normal and 3 hours time and a half. So it is paid as 25 normal house and 3 half hours.

vandriver wrote: »

It's literally on the last line....please notify revenue if your income is going to exceed €13,000.
Notify them and take the hit now before the usc bill gets bigger.
At 20 hours,you were under the limit for USC exemption,at 25 hours you are over the 13k exemption limit,and need to tell revenue this.

Id imagine he has a USC marker saying he will earn under 13k based on last years earning. But as this is not the case as advised above contact Revenue now get the marker removed otherwise they can take the lot in one lump nearer the end of the year

TheMackAttack

vandriver wrote: »

It's literally on the last line....please notify revenue if your income is going to exceed €13,000.
Notify them and take the hit now before the usc bill gets bigger.
At 20 hours,you were under the limit for USC exemption,at 25 hours you are over the 13k exemption limit,and need to tell revenue this.

Ok I understand now, I was under 13k before the bump in hours and I was meant to tell the revenue immediately. I'll go to my local revenue office to deal with the issue as I assume this can't be done over the internet.

To Summarize: I'm not earning enough to pay tax, but I am earning enough to pay USC.

Is there anyway to calculate how much I will owe them?

vandriver

€43

TheMackAttack

vandriver wrote: »

€43

And I assume following that the USC will go back to normal?

You've been a great help, thank you very much!

vandriver

TheMackAttack wrote: »

And I assume following that the USC will go back to normal?

You've been a great help, thank you very much!

On 300 quid it'll be 1.50.

yabadabado

TheMackAttack wrote: »

Ok I understand now, I was under 13k before the bump in hours and I was meant to tell the revenue immediately. I'll go to my local revenue office to deal with the issue as I assume this can't be done over the internet.

To Summarize: I'm not earning enough to pay tax, but I am earning enough to pay USC.

Is there anyway to calculate how much I will owe them?

Call them or do it online.I wouldn't be wasting my time going into an office.

allthedoyles

Of course you can do it all online nowadays.
Login to your revenue account and go to my enquiries. Send them a message.
This 13k threshold is a blunder that revenue make. It happened with my ladies on two occasions.
Going to college under the 13k threshold working casual and everything is fine.
Finish college . get a full time job change employers and revenue still put the threshold for USC at 13k.

USC will work like this for you.
If you earn less than 13k in a year you pay no USC. However since you potentially earned 14275 in a calendar tax year you end up paying USCon the lot.
The rate of USC you pay will depend on whether you had a medical card or not

namenotavailablE

Here is a list of Irish income tax calculators:

My macro enabled Excel spreadsheet (Windows only and needs Excel 2007 or newer to work): http://taxcalc.eu/monthlyss
Karl Grabe's web app is good for a quick calculation: http://taxcalc.eu
Hookhead's calculator is at http://www.virtualaccountant.ie/Tools/tax2018.jsp
Deloittes: http://services.deloitte.ie/tc/
Taxcalc.ie: http://taxcalc.ie/budget-2018/