Income Levy

EuroPayX – Now you can email P60’s and Levy Certs

For this tax year end Ardbrook have added the option to our EuroPayX irish payroll software to enable you to email P60’s and Year End Income Levy Certs to your employees. If you already use the email payslip facility then this option is for you. Setting up Email Payslips, P60’s and Levy Certs  Options – Company Details – Email Address – Enter the email address from which the payslips are being sent eg info@ardbrook.ie  (Applies to Email Payslips only) Options – Pay Controls – Payslip Tab – Initialise Email Payslip Count – Use this option to […]
By |December 1st, 2010|EuroPayX, Income Levy, Irish Payroll, P60|Comments Off on EuroPayX – Now you can email P60’s and Levy Certs

€15bn Cuts and Taxes announced

Some of the taxation measures introduced in the four-year plan are as follows Maintain the 12.5% corporation tax rate PAYE threshold reduced by €3,000 to €15,300 by 2014 Net Pay by 2014 for a single person on €55,000 will be reduced by €1,860 per annum (€36 per week) or 4.8%. The net pay for a married on-income family on €55,000 will be reduced by €2,310 per annum (€44 per week) or 5.4%. pension relief changes in the plan provides for the elimination of employee PRSI and Health Levy relief on pension contributions in 2011. It also commits, among other changes in 2011, to reducing […]
By |November 24th, 2010|Budget 2011, four-year plan, Income Levy, Irish Payroll, Pension, PRSI, Tax|Comments Off on €15bn Cuts and Taxes announced

Reduced frequency of tax returns and payments

Reductions in the frequency of PAYE/PRSI and VAT tax returns and payments for smaller businesses will again be extended to eligible businesses from 1 January 2011. Similar arrangements in respect of RCT will also become available from that date. Businesses making total annual VAT payments of less than €3,000 are eligible to file VAT returns and make their payments on a 6 monthly basis; Businesses making total annual VAT payments of between €3,000 and €14,400 are eligible to file VAT returns and make their payments on a 4 monthly basis; Businesses making total annual PAYE/PRSI payments of up to […]
By |November 23rd, 2010|Income Levy, PAYE, PRSI, Revenue, VAT|Comments Off on Reduced frequency of tax returns and payments