Is my salary correct

L

leelee

Registered User
Messages
56
Hi - could someone do a quick check on my salary. I have had to take a 10% cut and the difference in take home pay from Jan 2009 to now is 333.00 a week. Another person in here in the same boat but difference is only 290.00 and they on a higher salary and have the same tax credits.

Annual salary 36k
Monthly salary 3,000
Tax deducted 141.42
PRSI deducted 217.99
Income Levy 60.00
Take Home = 2580.59

Monthly Tax credit = 458.58
Monthly Cut off rate = 3788.67

Thanks - I am sure it is all correct but can't understand how another person on an inital salary of 60k (now 54k) is better off than me when I was on 40k (now 36k) after tax deductions, levies etc.
 
Based on your values, I calculate as follows for January [pre-cut of €3333 pm] and June [post-cust of €3000 pm] (sorry - i cannot format the layout to make it easier to read):

Jan June
Gross 3333.33 3000.00
PAYE 208.09 141.42
PRSI 111.29 97.96
Health contribution 66.67 120.00
Income levy 30.00 60.00
Net pay 2913.95 2580.62

I wrote a calculator (taxcalc.eu/monthlyss/) which you can download and use to check salary calculations.
If you try it but can't follow the instructions, feel free to email the address shown in the spreadsheet or PM me here.
 
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