Simple Question (I think). I am a PAYE worker on the higer rate of tax. I do not carry out any other work for which I am paid. I do however have an equity portfolio and money on deposit.
As with other years I returned a "FORM 11" outlining:
Income from Irish Shares
Income From UK Shares
Income from US Shares
Income (interest received on which DIRT was deducted)
It appears that I am liable to pay a 3% PRSI levy and a 2% health levy on all of the above additional income. Is this correct? This health levy was not collected for the year ending 31/12/2006.... IS this new for y/e 31/12/2007?
As with other years I returned a "FORM 11" outlining:
Income from Irish Shares
Income From UK Shares
Income from US Shares
Income (interest received on which DIRT was deducted)
It appears that I am liable to pay a 3% PRSI levy and a 2% health levy on all of the above additional income. Is this correct? This health levy was not collected for the year ending 31/12/2006.... IS this new for y/e 31/12/2007?