Hi, this is a tax related query.
I recently changed jobs in June mid month. I have done locum evening shifts before for my new employer in the past hence it was treated as a second job by revenue & as result all payment from them was subject to tax @40% & 8% USC.
I was not due to be paid in June by my new employer since I joined at the end of June however payroll accidently paid me a month in advance. This payment as result was subject to only the high 40% & 8% USC as I had not yet received my p45 from my past employer or new tax certificate & as result Over 50% of this money went on tax.
My tax credits have since been updated however my employer wants to recoup the entire amount in this month's (July) payroll. I have tried explaining it to them I did not receive the money due to the tax rates & that I was willing to pay back all the money however spread over 2 months payslips. I have explained I will not be able to pay my mortgage let alone eat if they recoup all the funds in one go.
However they are a private company & my contract says they can make deductions from my pay. They are unwilling to cooperate. They said I need to contact revenue to recoup the tax paid however should they not do this? I rang revenue & they said it was between me & my employer.
I have also asked for a calculation for what my corrected salary should have been for a few days worth of work end of June & the extra error money to be charged at my correct rate for July (as they are treating it as a prepayment) & tax already paid taken into account reducing July's tax due?
They simply want to recoup the gross monthly wage paid (€4k) in error asap however with no consideration that I only received less than 50% of it.
Any advice? Is there anyway my tax rates or credits be adjusted to take into account the tax paid in error or adjust this month's rates accordingly?
Cheers.
I recently changed jobs in June mid month. I have done locum evening shifts before for my new employer in the past hence it was treated as a second job by revenue & as result all payment from them was subject to tax @40% & 8% USC.
I was not due to be paid in June by my new employer since I joined at the end of June however payroll accidently paid me a month in advance. This payment as result was subject to only the high 40% & 8% USC as I had not yet received my p45 from my past employer or new tax certificate & as result Over 50% of this money went on tax.
My tax credits have since been updated however my employer wants to recoup the entire amount in this month's (July) payroll. I have tried explaining it to them I did not receive the money due to the tax rates & that I was willing to pay back all the money however spread over 2 months payslips. I have explained I will not be able to pay my mortgage let alone eat if they recoup all the funds in one go.
However they are a private company & my contract says they can make deductions from my pay. They are unwilling to cooperate. They said I need to contact revenue to recoup the tax paid however should they not do this? I rang revenue & they said it was between me & my employer.
I have also asked for a calculation for what my corrected salary should have been for a few days worth of work end of June & the extra error money to be charged at my correct rate for July (as they are treating it as a prepayment) & tax already paid taken into account reducing July's tax due?
They simply want to recoup the gross monthly wage paid (€4k) in error asap however with no consideration that I only received less than 50% of it.
Any advice? Is there anyway my tax rates or credits be adjusted to take into account the tax paid in error or adjust this month's rates accordingly?
Cheers.