P50 rebate - Is PRSI included ?

M

mrbungle

Guest
Hi All,

Just trying to do a calculation if I was to finish work mid next year on how much I could expect back from a P50 rebate.

Is the PRSI that I would have paid to date in the FY included in rebate or is it just Tax paid ?

Thanks !
 
No - P50 is income tax only. I know of no circumstances under which PRSI contributions / levies are repaid.
 
mathepac said:
No - P50 is income tax only. I know of no circumstances under which PRSI contributions / levies are repaid.
Click to expand...
Here's one: PRSI relief on pension contributions made out of net income (as opposed to via payroll where they would receive tax and PRSI relief at source) after income tax relief has been claimed first.
 
You can possibly be entitled to a PRSI refund .
Download SW14 from www.welfare.ie
Here is a sample of what it says :
Possible refund of Health Contribution

Where an employee's weekly pay fluctuates above and below €500, but the annual pay during 2009 is not more than €26,000, the employee may claim a refund of the 2% Health Contribution deduction, or where an employee's weekly pay fluctuates above and below €1,925, but the annual pay during 2009 is not more than €100,100, the employee may claim a refund of the 0.5% Health Contribution deduction from the
Department of Social and Family Affairs
PRSI Refunds,
Oisín House,
Pearse St.,
Dublin 2

Telephone: (01) 673 2586​
 
You must log in or register to reply here.
Back
Top