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USC Refund

  • 03-11-2015 04:10PM
    #1
    Registered Users, Registered Users 2 Posts: 125 ✭✭


    As part of my college course, I was on a 5 month paid work placement over the summer. For payroll purposes, my annual salary was stated as 18000 pro rata. Since I only worked for part of the year, I only actually earned around 7500 of that.

    My understanding was that I would have to pay Universal Social Charge at the time, based on the 18000 figure, and then I'd be able to claim it back once I had my p45 stating what I actually received.

    I sent in my p50 last week, along with the p45. I received a letter today saying that there is no refund due to me at present, but that I may reapply at the end of the year.

    Is this a mistake on Revenue's part, or am I missing something here?


Comments

  • Registered Users, Registered Users 2 Posts: 10,301 ✭✭✭✭gerrybbadd


    DeeTee100 wrote: »
    As part of my college course, I was on a 5 month paid work placement over the summer. For payroll purposes, my annual salary was stated as 18000 pro rata. Since I only worked for part of the year, I only actually earned around 7500 of that.

    My understanding was that I would have to pay Universal Social Charge at the time, based on the 18000 figure, and then I'd be able to claim it back once I had my p45 stating what I actually received.

    I sent in my p50 last week, along with the p45. I received a letter today saying that there is no refund due to me at present, but that I may reapply at the end of the year.

    Is this a mistake on Revenue's part, or am I missing something here?

    Very unlikely that it's a mistake. Are you sure it said the end of the year? It usually says 4 weeks (or 8 if you're getting taxable Social Welfare)


  • Registered Users, Registered Users 2 Posts: 125 ✭✭DeeTee100


    gerrybbadd wrote: »
    Very unlikely that it's a mistake. Are you sure it said the end of the year? It usually says 4 weeks (or 8 if you're getting taxable Social Welfare)

    It did say 8 weeks, which works out to be the end of the year, just coincidence I suppose. I am not receiving any Social Welfare however, just a student grant


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