2 2kids Registered User Messages 15 26 Apr 2011 #1 My normal salary is 4300 per month, so prsi class is A1 551 @ 0% balance @ 4 % employer @ 10.75% I only earned 860 this month, so is it calculated at, class AO @ nil employer @ 8.50% Thanks in advance
My normal salary is 4300 per month, so prsi class is A1 551 @ 0% balance @ 4 % employer @ 10.75% I only earned 860 this month, so is it calculated at, class AO @ nil employer @ 8.50% Thanks in advance
D deadlyduck Registered User Messages 453 26 Apr 2011 #2 Yes- the class will switch to A0 in that month. If you are on a permanently lower salary, at the end of the year you might also be able to reclaim some overpaid Universal Social Charge in respect of the earlier months- it will depend on the amount of your earnings up to December.
Yes- the class will switch to A0 in that month. If you are on a permanently lower salary, at the end of the year you might also be able to reclaim some overpaid Universal Social Charge in respect of the earlier months- it will depend on the amount of your earnings up to December.