Self Assesment & PRSI

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tosullivan

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I'm in the process of filling in my online Form 11, which I have been doing for the past 7 years.

Every year they seem to change the layout & format which makes it more confusing for me each time, but I manage to get through it eventually

My company pays my gross salary but deducts PRSI and pays this for me.

However, when I hit the CALCULATE button its calculating that I owe PRSI. I don't recall this happening before. It used to just calculate the health levy and tell me what I owe.

Does anyone know where I can put in how much PRSI has already been paid? I thought this went to a different division so thats why I'm surprised its showing up this year
 
If you have a P60- The only details you put on tax return are Gross Pay and Tax Deducted(Paye). - Dont have to put down prsi as already calulated in p60 and wont be calulated again.
 
I don't have a P60, but just a declaration form stating how much PRSI was paid.

But any idea how I can inform the online system that I have paid 'x' amount of PRSI already so it doesn't get calculated at the end?

Also, any idea why I am only getting a PAYE tax credit of 1710 instead of 1760 for my wife?
 
just wondering should I tick the box in the PERSONAL DETAILS section that I am entitled to an exemption from PRSI and state a Reason in the field?
 
tosullivan said:
I don't have a P60, but just a declaration form stating how much PRSI was paid.

But any idea how I can inform the online system that I have paid 'x' amount of PRSI already so it doesn't get calculated at the end?

Also, any idea why I am only getting a PAYE tax credit of 1710 instead of 1760 for my wife?
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If you are on 'A' rate PRSI with the employer you should have a P60 . You do not put PRSI on an employment in the F11. It does not calculate PRSI on such employments. Is there any chance you have inputted in to the wrong place. The 2007 F11 on ROS is substantially different from earlier years. Check carefully again.

Re your wife, does she have an employment also? or is she a non earner?
 
Yes, ticking the exemption box will work. Also, the PAYE credit is restricted to PAYE and social welfare income only, so it's restricted to 20% of that type of income - looks like she only gets €8,550 which would only give €1,710 as the credit.
 
xeresod said:
Yes, ticking the exemption box will work.
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Yes it will, but if the OP is in a regular PAYE employment it should not normally be necessary to do this. Not in any F11 I have ever completed for a client anyways. One should be very careful about making such selections unless one is fully sure that it is the correct route to take.
 
xeresod said:
Yes, ticking the exemption box will work. Also, the PAYE credit is restricted to PAYE and social welfare income only, so it's restricted to 20% of that type of income - looks like she only gets €8,550 which would only give €1,710 as the credit.
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correct, she claimed 8547 of social welfare last year so that makes sense.

The reason I don't have a P60 is that my company is UK based. They don't pay tax for me here but deduct PRSI from my gross and pay that. I've just ticked the PRSI Excempt box in the Personal details section and filled in the field with an explanation

One other thing: I remember historically, I used to have a field for what was termed "operating expenses", basically costs associated with buying tools/clothing etc. Normally I used to put in a nominal fee in a field each year, but I don't see that field anymore. Has it been done away with?
 
tosullivan said:
They don't pay tax for me here but deduct PRSI from my gross and pay that. I've just ticked the PRSI Excempt box in the Personal details section and filled in the field with an explanation
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Mentioning the UK bit at the start might have resulted in a faster and less laborious series of responses. Just to be clear though, it is Irish PRSI they have deducted yes ?
 
tosullivan said:
One other thing: I remember historically, I used to have a field for what was termed "operating expenses", basically costs associated with buying tools/clothing etc. Normally I used to put in a nominal fee in a field each year, but I don't see that field anymore. Has it been done away with?
Click to expand...

There is a field for " expenses in employment"
 
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