I hope you can help me understand something about my tax in Ireland. I've accepted a position which I will take up in October and I am trying to calculate my monthly disposable income.
My salary per annum (prior to income tax and social deductions) is €39,186.00 and my employer's contribution to PRSI costs per annum is €4,330.
Now, I've calculated that my PRSI on a salary of €39,186.00 should be €1567. Is that amount simply deducted from my employers contribution? Or do I need to add the €4,330 employers contribution to my gross salary before calculating? Or something else altogether?
Sorry if it seems like a dumb question, I haven't dealt with employers PRSI contribution before.
Your personal PRSI and employers PRsi are separate
To calculate net pay go to http://services.deloitte.ie/
Ah, I see. Thank you very much Stheno! So to clarify, I only need to be concerned about my personal PRSI for the purposes of calculating my net income? And my employers PRSI has no bearing on that?
Don't forget paye and usc, you'd be looking at around €2600 net take home a month give or take.
Great, thanks for your help guys