In Budget 2016 some changes to PRSI were announced that will take effect from January 2016. The main reason for the changes are to try and remove the sudden jump in PRSI when gross income goes above the threshold (which is currently €352 a week or €18304 a year). The main reason for introducing this […]
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PRSI
PRSI on Savings Accounts in 2014
In Budget 2013 it was announced that some people would have to pay 4% PRSI on the interest earned on deposit accounts from January 2014. At the time it wasn’t clear exactly who this affected or how the PRSI would be deducted. See PRSI Changes in Budget 2013 Now – over a year later , […]
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PRSI Increases in Budget 2013
Although we were promised no rises in Income Tax in Budget 2013 – the government have still increased the PRSI deductions that earners (employed and self employed) will see taken out their salary. This will affect lower earners more because they will will see a bigger percentage increase on overall deductions from pay than higher […]
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Personal Taxation Levels in Ireland
With Budget 2013 looming – we have taken a look at income tax levels in Ireland compared to other countries. The government have said that they will not increase income tax levels or bands – but will they touch other “deductions” such as USC or PRSI ? Some people might think that we have enough […]
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Health Levy Refunds of Overpayments
It is possible that many people could be due a refund of the Health Levy . The Health Levy was abolished from Jan 2011 – but some people may have had too much deducted from their wages in 2010 / 2009 or earlier. You could be due a Health Levy refund from 2008 , 2009 […]
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