Hi,
I'm filling out a form 11 on ROS for myself and husband. He has earnings and he also got back 30% of his AVC's from the pension company.
The pension company withheld tax on the AVC refund but they didn't withhold any USC - is this correct ?
In this section
Gross amount of income from Irish employments, offices and non-Proprietary Directorships subject to PAYE
I'm putting in the earnings and the AVC refund
And in this section
Gross amount of all employment and occupational pension income, before any deduction for superannuation, other pension contributions, or permanent health benefit. This is the Gross Income for USC as shown in the P60 for 2013.
I'm putting in just the earnings.
When I calculate it I'm getting this message
Must be greater than or equal to: Irish employments, offices and non-Proprietary Directorships subject to PAYE + Irish Proprietary Directorships subject to PAYE + Foreign employment subject to PAYE + Gross amount of income from Public Sector employment where PRSI was paid under class B, C or D + Certain Public Sector employment (Members of the Oireachtas, Judiciary, etc.) + Employment pension (subject to PAYE) + Annuity pension payable under an RAC or a PRSA + Distributions from Approved Retirement Funds + Gross income from the employment, less amounts contributed to pension and amounts not taxed in the State, etc.
So 2 questions really.
Is the AVC refund subject to USC
If not where should it be put on the form 11
Thanks
T
I'm filling out a form 11 on ROS for myself and husband. He has earnings and he also got back 30% of his AVC's from the pension company.
The pension company withheld tax on the AVC refund but they didn't withhold any USC - is this correct ?
In this section
Gross amount of income from Irish employments, offices and non-Proprietary Directorships subject to PAYE
I'm putting in the earnings and the AVC refund
And in this section
Gross amount of all employment and occupational pension income, before any deduction for superannuation, other pension contributions, or permanent health benefit. This is the Gross Income for USC as shown in the P60 for 2013.
I'm putting in just the earnings.
When I calculate it I'm getting this message
Must be greater than or equal to: Irish employments, offices and non-Proprietary Directorships subject to PAYE + Irish Proprietary Directorships subject to PAYE + Foreign employment subject to PAYE + Gross amount of income from Public Sector employment where PRSI was paid under class B, C or D + Certain Public Sector employment (Members of the Oireachtas, Judiciary, etc.) + Employment pension (subject to PAYE) + Annuity pension payable under an RAC or a PRSA + Distributions from Approved Retirement Funds + Gross income from the employment, less amounts contributed to pension and amounts not taxed in the State, etc.
So 2 questions really.
Is the AVC refund subject to USC
If not where should it be put on the form 11
Thanks
T