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2017 Payslip – What’s Changed?

Written by Administrator on January 11, 2017

2017 – What’s changed in your Payslip?

 

 

 

 

2017 Payslip Changes

 

2017 Changes to your Payslip

Have you received a Payslip for 2017 and noticed it has changed from 2016?  Congratulations if it is for the better!  Your Pay can change for a number of different reasons from one year to the next.

Here are the Main reasons:

Budget Changes

If you were in employment for the majority of last year and continuing into this year, then the main reason your taxes will change is from Budget 2017

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THE PAYE TAX CREDIT

Written by Ray Byrne on October 12, 2016

PAYE Tax Credit Fix

We often come across errors in our customers taxes that need to be fixed and that lead to a tax refund. One of the most common is where they, or their spouse if married, are not receiving the correct PAYE tax credit or in some cases they may not be receiving it at all. In this post we will just explain a little about what the PAYE tax credit is, how it is calculated and go through

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What is the eForm 12?

Written by Administrator on September 23, 2016

eForm 12

The eForm 12 has basically replaced the hard copy of the Form 12 itself, although this version is still available as well. The eForm 12 is a shorter version of the Form 12 and is part of Revenue’s push for people to use their online services. It was introduced from the 2013 tax year onward.

The form requests you to confirm your Personal Details, your PAYE Income, your Non-PAYE Income, your Tax Credits & Reliefs and then to confirm

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Week 53 adjustments

Written by Administrator on January 20, 2016

Week 53 – Is this the most complicated part of the PAYE system?

Have you noticed this year a box called Week 53 ticked on your P60?

It could be ticked if you are weekly, fortnightly or paid every 4 weeks and your payroll date is a Thursday.  And if ticked, this gives you bonus tax credits – but if dealt with incorrectly this could hit you with an underpayment.

The Tax impact of Week 53 adjustments can approx. 200e for weekly and

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2016 – What’s changed in your Payslip?

Written by Administrator on January 6, 2016

2016 Changes to your Pay

Have you Received a Payslip for 2016 and noticed it has changed from 2015?  Congratulations if it is for the better!  Your Pay can change for a number of different reasons from one year to the next.  Here are the Main reasons.

Budget Changes

If you were in employment for the majority of last year and continuing into this year, then the main reason your taxes will change is from Budget 2016 changes announced last October.

Basically, the Budget is

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2015 P60 – Error Fixed

Written by Administrator on January 4, 2016

2015 P60 Updated to Prevent incorrect Tax Charge.

When you receive your 2015 P60  this January, a small change has been made to the P60 as a result of action by Red Oak Tax Refunds.

Find out more about this story which we broke last year here on independent.ie

This was to correct an error that existed in previous years P60’s which put the approximate 60.000 plus people in receipt of Illness Benefit at risk of being double taxed.

So what is this Change?

2014

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8 Reasons You Could be Due a Tax Refund

Written by Administrator on June 11, 2015

You always hear about people getting tax refunds and yes, tax refund companies – like ourselves – always share stories of their top refunds with amounts like €10,000, €6,000 even €20,000 in some lucky instances. But the question remains, where do these refunds come from? And how do you know what kind of refund you could be due?

The short answer is, it’s hard to tell. There are so many factors that can impact on your tax bill, there’s no basic

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3 Tax Refunds Teachers Are Missing Out On

Written by Administrator on April 1, 2015

It’s mid term and don’t you know all the teachers are out having fun – maybe sunning themselves in the South of Spain or having a staycation somewhere closer to home. Well….maybe that’s what all us non-teachers think, but my sister is a teacher and in all honesty she spends most of her mid-term prepping for the coming term or even sometimes marking student’s work! Not how I would like to spend my holidays!

But, one thing they should be doing

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