Understanding Payslip

[Newbie!]

When comparing my January 2011 and December 2010 payslips, I notice now that I am paying €110 less PRSI per month. Is some of this swallowed up under the USC or is this an error?

 

[Protocol]

Correct, the Health levy used to be included in the PRSI line.

Most people were not aware of this.

The Health and Income levies have been replaced by the USC.

 

[WindUp]

Short answer is yes --PRSI on your payslip probably used to include Health Levy and Income Levy

Health Levy and Income Levy were abolished and replaced by the USC

 

[Newbie!]

Thanks for that. One other question: I have deductions for Contributory Pension and also Pension Related Charges (I'm a public servant). Whats the difference between these?

 

[becky]

Thanks for that. One other question: I have deductions for Contributory Pension and also Pension Related Charges (I'm a public servant). Whats the difference between these?

First one is for your pension, the second is a new levy introduced last year and it's to fund your pension as the original deduction wasn't enough - only public and civil servants pay it.

 

[curious10]

Penison related is a nice name for the pay cut Brian Cowen gave you, you will never see this money again, you do not get it at the end of the day