michaelcunning
Registered User
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- 6
I wonder could you clarify for me – should the addition of PAYE income (with tax etc being taken at source) have any effect on my final year Form 11 commutated tax bill?
Reason I ask is that after I completed the form 11 (using ROS Offline) and then I added in Income/USC values (based on 40,000 a year) into the PAYE/BIK/Pensions section (using an online salary calculator from PWC), my final tax liability went up substantially from when I computed without the PAYE section filled. I assumed that the PAYE additions wouldn’t affect the final year tax liability because I would have paid tax/prsi/usc on this PAYE income already?
I didn’t see a space for inputting PAYE PRSI, maybe that is where I went wrong?
Reason I ask is that after I completed the form 11 (using ROS Offline) and then I added in Income/USC values (based on 40,000 a year) into the PAYE/BIK/Pensions section (using an online salary calculator from PWC), my final tax liability went up substantially from when I computed without the PAYE section filled. I assumed that the PAYE additions wouldn’t affect the final year tax liability because I would have paid tax/prsi/usc on this PAYE income already?
I didn’t see a space for inputting PAYE PRSI, maybe that is where I went wrong?