PAYE/usc on pension

[owm1]

I get full contributory pension as does my wife..
I also get two small work pensions.
One =e 328P/m. Usc e1.64 No paye
Two=e 158 P/m Usc. e 3.00 PAYE e 62.00

My question is do these figures seem correct..
Thanks.

 

[Protocol]

Married couple, aged 65 or more, may be exempt from income tax if income is under 36k.

Exemption limits

This page explains exemption limits on certain taxes.

www.revenue.ie

Gross income
2x SPC = (2)(52.18)(277.30) = 28,939
Work pension 1 = 12*328 = 3,936
Work pension 2 = 12*158 = 1,896

Gross income = 28,939 + 3,936 + 1,896 = 34,771


Your income tax should be zero.

 

[owm1]

Married couple, aged 65 or more, may be exempt from income tax if income is under 36k.

Exemption limits

This page explains exemption limits on certain taxes.

www.revenue.ie

Gross income
2x SPC = (2)(52.18)(277.30) = 28,939
Work pension 1 = 12*328 = 3,936
Work pension 2 = 12*158 = 1,896

Gross income = 28,939 + 3,936 + 1,896 = 34,771


Your income tax should be zero.

Thank you for reply. Yes we are well over the 65 mark. I've been paying that Usc/paye for several years now.
Thanks again.

 

[ClubMan]

Maybe check your Revenue myAccount to see if Revenue and the pension people are working off the correct figures for your tax credits, various income streams, married assessment option, etc.

myAccount

Based on the figures that @Protocol posted above it sounds like somebody isn't working off the correct information. If there is any mistake and you may have been overpaying tax etc. then you can go back up to 4 years (plus the current year) to corrrect matters, rebalance your tax affairs and potentially get a refund.

Four year rule

This page explains the details on the four year time limit

www.revenue.ie