HI All,
Public sector worker and hopefully going to get a backpayment of a labour court recommendation that relates to 2010. Somewhere in the region of 4-5K per annum until 2016 or gross 40k.
However my wages upuntil 2016 would have been at the nominal rate but now there are all at the higher rate.
From what I understand revenue will not lookback more than 4 years. Also some law changed in 2017. My guess is my employer will just pay the lump of backmoney through this years payroll and take all deductions as payment in this year. But most of this should have been taxed at the nominal rate. Now I also appreciate that there will be fempi no 1 and no2 deductions on this (pension levy) and reduction on rates.
Is there are recourse for me to have the correct money in my pocket as if it had been paid on time
Public sector worker and hopefully going to get a backpayment of a labour court recommendation that relates to 2010. Somewhere in the region of 4-5K per annum until 2016 or gross 40k.
However my wages upuntil 2016 would have been at the nominal rate but now there are all at the higher rate.
From what I understand revenue will not lookback more than 4 years. Also some law changed in 2017. My guess is my employer will just pay the lump of backmoney through this years payroll and take all deductions as payment in this year. But most of this should have been taxed at the nominal rate. Now I also appreciate that there will be fempi no 1 and no2 deductions on this (pension levy) and reduction on rates.
Is there are recourse for me to have the correct money in my pocket as if it had been paid on time