K kcc Guest 18 Jun 2008 #1 Hopefully someone can clarify this for me. A P60 form has 3 sections; (A)PAY (B)TAX (C)PRSI (B)TAX says it's for the total tax deducted. My question is, does this total amount in (B) include the PRSI amount in (C)? Or is PRSI not considered as tax? Same question another way: Is the net pay (A) - (B) or is the net pay (A) - ( (B) + (C) )? thanks, kcc
Hopefully someone can clarify this for me. A P60 form has 3 sections; (A)PAY (B)TAX (C)PRSI (B)TAX says it's for the total tax deducted. My question is, does this total amount in (B) include the PRSI amount in (C)? Or is PRSI not considered as tax? Same question another way: Is the net pay (A) - (B) or is the net pay (A) - ( (B) + (C) )? thanks, kcc
S simplyjoe Registered User Messages 535 18 Jun 2008 #2 The tax does not include PRSI. Net pay is Gross minus tax minus employees PRSI.