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USC contributions more than doubled since new job

  • 12-02-2016 05:02PM
    #1
    Closed Accounts Posts: 5,824 ✭✭✭


    sorted.\

    thanks Gerrybbadd


Comments

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


    Maybe enter your details here and see if this is any good?

    https://www.virtualaccountant.ie/Tools/tax2015.jsp


  • Registered Users, Registered Users 2 Posts: 16,529 ✭✭✭✭Seve OB


    really you should be on N status. W means week one status and will tax you to the hilt and not cumulatively as normal status does. this means if you have unused credits or are under the cut off from previous weeks in the year, w status won't bother with them.

    what I suspect has happened is your new job sent in your p45 to revenue, and set you up as w status. correctly. but then the revenue should send out a notice to your new job (electronic tax credit updates) confirming or adjusting the figures they got from p45.
    when your new job imports these to their payroll system, the status would change to N.

    Incidentally, what is your status for January? if it is still W then there is something wrong... maybe revenue never got the p45, or maybe your new job is working off a very old set of tax credits and hasn't imported any at all for 2016


    hard to analyse your payslip though without having all the information, but if you can try and calculate it yourself what it should be, then you might see the difference


  • Registered Users, Registered Users 2 Posts: 16,529 ✭✭✭✭Seve OB


    really you should be on N status. W means week one status and will tax you to the hilt and not cumulatively as normal status does. this means if you have unused credits or are under the cut off from previous weeks in the year, w status won't bother with them.

    what I suspect has happened is your new job sent in your p45 to revenue, and set you up as w status. correctly. but then the revenue should send out a notice to your new job (electronic tax credit updates) confirming or adjusting the figures they got from p45.
    when your new job imports these to their payroll system, the status would change to N.

    Incidentally, what is your status for January? if it is still W then there is something wrong... maybe revenue never got the p45, or maybe your new job is working off a very old set of tax credits and hasn't imported any at all for 2016


    hard to analyse your payslip though without having all the information, but if you can try and calculate it yourself what it should be, then you might see the difference


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