Paying more Tax in 2011?

For the years 2010 and before, if you received a Medical Card, you were exempt from having to pay Income Levy and Health Levy.

However, under the new Universal Social Charge which is replacing the Medical Card, this has been changed.  Now you will have have to pay Universal Social Charge on any PAYE income you earn as follows:

Universal Social Charge & your Salary

Have you wrongly paid Income Levy or Health Levy in the past few years?

Make sure you check if you have been receiving your exemptions from Income levy and Health Levy in your pay.  Income Levy is straighftorward to check – if you were charged income levy in your payslips, you are due a refund of this for the period you had the medical card.

It’s harder to identify if you were charged the Health Levy incorrectly, as this is wrapped into the Employee PRSI amount.  However, if you can see your PRSI class as A1 (private sector) or B1 (public Sector), then you were being charged Health Levy.

Register for a Free Tax Refund assessment with Red Oak Tax Refunds today!