You will receive notice of your rates of USC on your Tax Credit Certificate. Should you have a full medical card, please inform Revenue of this. The standard rates are as above but if you haveĪnother income, the rates will be divided between employments. Will provide the rates applicable to each person. With effect from 1st January 2012, USC is calculated on a cumulative basis, similar to PAYE. It is not chargeable on anyĭepartment of Social Protection payments e.g. This was introduced from 1 st January 2011 and is chargeable on all gross pay. This was introduced on 1 st March 2009 and applies to all earnings whether they are subject to Gross Pensionable Pay less (OAP x 4*) x 5% Gross Pensionable Pay less (OAP x 4*) x 3.5% Officers employed post 5 th April 1995(excluding New Entrants after 1 st January 2013) Officers employed prior to 5 th April 1995 Premia Payments( Saturdays, Sundays Nights etc) Detailed below some payment types: Gross Payments that are Pensionable Superannuation is only deductedįrom payments that are deemed pensionable. Superannuation varies depending on your contract of employment. The table below sets out how most payments are calculated: Payment Type On Call/Call Outs etc are calculated as per DOH&C Consolidated rates and should also be included to Staff Nurse in receipt of Specialist Qualification Allowance working 78 hours These are calculated as follows:Īnnual Allowance ÷ 365.25 x 7 ÷ hourly profile x hours worked Staff Nurse on Annual Salary of €42,000 = €42,000 ÷ 365.25 x 7 ÷ 39 = €20.639 hourly rateĪny Allowances should also be included in the calculation of Gross Pay. 36, 37 or 39 hours) to determine the hourly rate.Īnnual Salary ÷ 365.25 x 7 ÷ hourly profile = hourly rate When calculating Gross Pay you need your annual salary and hourly profile (full time hours for your grade e.g. Gross Pay less Statutory and Voluntary Deductions = Net Pay Statutory Deductions Pay Period: 2 nd February to 15 th February 2015 ( 14 days) You are being paid for, count back 11 days from the pay date and the pay period is the previous 14 days Pay Periods For Fortnightly Paid StaffĮmployees who are paid fortnightly on Thursdays, are paid 11 days in arrears. Pensionable Payments – payment types that are subject to superannuationĢ.Superannuation – deductions towards pension scheme.ASC/PRD – Pension Related Deductions ( Pension Levy).Gross Pensionable Pay – earnings on which superannuation is payable.Gross Taxable Pay - Gross pay less (Superannuation + ASC + AVCs + Cornmarket Life Assurance Element of Income Continuance Plan).Gross Pay/Payments - Total earnings excluding Mileage and Expenses.
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