Pension Tax

Sidetracker

Registered User
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Hi. I have just received my PAYE Tax balancing statement for 2009. On checking it, I note that I have been taxed on my FULL earnings Before applying my tax credits. Is this correct ? . Doing it that way I reckon that I am paying approx. €2,000.00. more Tax. My Contributory Pension was added to my income BEFORE tax was applied then my credits were applied. Is this correct ?
 
Yes, you add up all your taxable income.
You calculate the tax liability.
Then you give tax credits
 
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