C contractor Registered User Messages 107 11 Feb 2009 #1 Quick question, is PRSI calculated on your gross wage or is it after you have deducted your PAYE? Thanks.
Quick question, is PRSI calculated on your gross wage or is it after you have deducted your PAYE? Thanks.
C contractor Registered User Messages 107 11 Feb 2009 #3 Thanks. And presumably PAYE is calculated on your gross pay before PRSI deduction?
G Graham_07 Registered User Messages 2,889 11 Feb 2009 #4 Yes. Both PAYE and PRSI are calculated on Gross before either are taken into account. ( so yes, you do effectively pay PRSI on tax )
Yes. Both PAYE and PRSI are calculated on Gross before either are taken into account. ( so yes, you do effectively pay PRSI on tax )
G Graham_07 Registered User Messages 2,889 12 Feb 2009 #5 cerbera1 said: Is pension deductions taken from your wages then PRSI & PAYE on the balance. For example 3000pm (gross), pension 100, so PAYE & PRSI is calculated on 2900?? Click to expand... Yes, pensions are done through employer on "net pay" arrangement. Your gross for tax/prsi is therefore neet of the pension contribution.
cerbera1 said: Is pension deductions taken from your wages then PRSI & PAYE on the balance. For example 3000pm (gross), pension 100, so PAYE & PRSI is calculated on 2900?? Click to expand... Yes, pensions are done through employer on "net pay" arrangement. Your gross for tax/prsi is therefore neet of the pension contribution.