What figure should be on Line 1 of the P-60? A or B
Total Pay is this just Gross Salary only less the pension contribution from me?
or is it?
Gross Salary + The VHI BIK Less the pension contribution from me?
ER pays for VHI. This is a BIK to me and I pay PRSI and PAYE on it.
(A) Gross Salary:€20,000
+ VHI BIK : €1,297.98
- My Pension Cont: <€600>
Line 1 = €20,697.90
or
(B) Gross Salary: €20,000
- My Pension Cont: <€600>
Line 1 = €19,400
Total Pay is this just Gross Salary only less the pension contribution from me?
or is it?
Gross Salary + The VHI BIK Less the pension contribution from me?
ER pays for VHI. This is a BIK to me and I pay PRSI and PAYE on it.
(A) Gross Salary:€20,000
+ VHI BIK : €1,297.98
- My Pension Cont: <€600>
Line 1 = €20,697.90
or
(B) Gross Salary: €20,000
- My Pension Cont: <€600>
Line 1 = €19,400