PAYE and other personal taxes

D

Daddy

Registered User
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Is one allowed to at least earn say 10k free of paye, Prsi and USC in any year. Thanks.
 
No.
All those taxes and levies have different starting points. You have annual set income tax credits, weekly PRSI amounts and I'm unsure about the rules re USC.

10k in a year is considerably less than minimum-wage and the dole.
 
There are different rules for each.

Income Tax, personal credit of €1650 would exempt €8,250 from income tax. If you have a PAYE job then its €16,500.

PRSI does not kick until €18512.

Income of less than €10,036 is exempt from USC.

So in some cases €10,000 would be exempt from all taxes.
 
Thanks for replies. Just a single person with no other earnings other than approx 10k a year.

Thanks for your help.
 
Does an employee on < €18512 build up contributory pension entitlements etc despite not paying employee PRSI?
 
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