Hi
I trying to work out what my net fortnightly take home salary should be and how the tax/Prsi/usc calcs are worked out
Im using some of the online salary calculators e.g. http://download.pwc.com/ie/2018-income-tax-calculator/index.htm
The figures they are generating for net fortnightly take home salary are less that what my payslip is saying
I am not on emergency tax
The figures on my payslip and on the online calculators match for Taxable income but the amounts for income tax etc. differ between payslip and online calculator - the online calculator is showing more tax deducted than payslip is and hence online calculator net take home salary is less than what payslip is showing
Does anyone know the manual steps/calculations/formulas to figure out your net fortnightly take home pay or is there another post on here that shows this
Thanks
I trying to work out what my net fortnightly take home salary should be and how the tax/Prsi/usc calcs are worked out
Im using some of the online salary calculators e.g. http://download.pwc.com/ie/2018-income-tax-calculator/index.htm
The figures they are generating for net fortnightly take home salary are less that what my payslip is saying
I am not on emergency tax
The figures on my payslip and on the online calculators match for Taxable income but the amounts for income tax etc. differ between payslip and online calculator - the online calculator is showing more tax deducted than payslip is and hence online calculator net take home salary is less than what payslip is showing
Does anyone know the manual steps/calculations/formulas to figure out your net fortnightly take home pay or is there another post on here that shows this
Thanks