D Demps Registered User Messages 62 2 Jul 2009 #1 Hi Have shown interest in voluntary redundancy at work, received the figures and have the following questions: Taxable amount has been calculated to be 54,007, deductions are: Tax at 41% - 22,143 (fair enough) PRSI at 5% - 2,700 Income levy at 6% - 3,240 Are the latter two correct an extra 11% on top of normal tax seems very harsh - looking at revenue website says PRSI is not reckonable Anyone know thw answer thanks
Hi Have shown interest in voluntary redundancy at work, received the figures and have the following questions: Taxable amount has been calculated to be 54,007, deductions are: Tax at 41% - 22,143 (fair enough) PRSI at 5% - 2,700 Income levy at 6% - 3,240 Are the latter two correct an extra 11% on top of normal tax seems very harsh - looking at revenue website says PRSI is not reckonable Anyone know thw answer thanks