J
johnjoe100
Guest
Hi,
Myself and my girlfriend both finished college last year and we both went into graduate jobs. With our combined income of 46,000 we decided we could just about afford to move out and live on our own, so we have been renting since.
We've just about been managing to survive, paying city rent prices and and all the other additional costs of living out of home, but my girlfriend has just been told that from May, she will be cut down to 4 days a week, so basically a 20 percent pay cut. (HSE cutting funding to another invaluable community resource)
Her graduate salary was just under 22,000, and I am trying to figure out exactly how much this pay cut will actually affect her take home pay.
From her payslips:
Weekly Gross 417.83
-PAYE 13.18
-Income Levy 4.18
-PRSI ee 11.63
Take Home 388.84
Weekly tax credit 70.39
Weeekly cut off 700
I would be really grateful if someone could help make out how much of a difference will make to her weekly take home pay.
Also, her employer said that they could also cut back their days to three a week, and that they could then "sign on" for the other two days. I didn't realise this was possible, does anyone know how this operates? Would it be worth considering, or would the tax man eventually recoup all this money.
Thanks in advance,
John
Myself and my girlfriend both finished college last year and we both went into graduate jobs. With our combined income of 46,000 we decided we could just about afford to move out and live on our own, so we have been renting since.
We've just about been managing to survive, paying city rent prices and and all the other additional costs of living out of home, but my girlfriend has just been told that from May, she will be cut down to 4 days a week, so basically a 20 percent pay cut. (HSE cutting funding to another invaluable community resource)
Her graduate salary was just under 22,000, and I am trying to figure out exactly how much this pay cut will actually affect her take home pay.
From her payslips:
Weekly Gross 417.83
-PAYE 13.18
-Income Levy 4.18
-PRSI ee 11.63
Take Home 388.84
Weekly tax credit 70.39
Weeekly cut off 700
I would be really grateful if someone could help make out how much of a difference will make to her weekly take home pay.
Also, her employer said that they could also cut back their days to three a week, and that they could then "sign on" for the other two days. I didn't realise this was possible, does anyone know how this operates? Would it be worth considering, or would the tax man eventually recoup all this money.
Thanks in advance,
John