Payroll Refunds.

Often where an employee has paid PAYE, PRSI and/or Income Levy, they can at the end of the Tax Year be due a refund. Or during the year, by being made aware of all the various tax allowances and credits, may be able reduce their payroll liabilities and thus increase their take home pay.

Our on-site Payroll Refund Service, is essential for all employers, so as to ensure their employees are getting the most out their pay packet; with out increasing the costs to the employer!

Although employers are not responsible for ensuring their employees claim their full entitlements, Levy increases coupled with in many cases a reduction in salary, and working hours, has severely reduced take home pay for most employees. You the employer can help lessen this burden by educating your employees as to what, how and where they can claim their (PAYE, PRSI & Income Levy) refunds. An information pack with step by step detailed instructions and notes with simple easy to understand examples will be provided for all delegates, which you can freely distribute to all your staff.

When an employee pays PAYE, PRSI and/or Income Levy, very often they are over paying. Only one in five of the Irish workforce claimed tax back in 2006. Those that did averaged a refund of over €728 each. That was 4 years ago, PAYE refunds can be applied for 4 years! That’s 2006, 2007 2008 and 2009; Millions of Euros remain in the Government's coffers because of many taxpayers' failure to seek refunds.

For PAYE, details will cover all the various Tax Credits, Relief’s and Expenses an individual may be eligible  to claim. Sample forms and leaflets will be provided as well as a step by step guide to a sample version of the Revenue (PAYE anytime) service.

While the main focus of the Information Pack will be relevant to Tax Refunds, details will also be provided about possible PRSI refunds, and suggested method to claim the refund.

For the Income Levy, details will be provided in relation to how any overpayment or underpayment may have arisen in 2009 or in 2010, and suggestions will be made as to when and how an individual may seek to claim the Income Levy refund. Warnings will also be provided about possible underpayments.

Please Note:

Personal circumstances determine a person’s entitlements and possible refunds. We will discuss these where relevant. We can talk to your staff collectively or individually based on the above details. Please contact us on 01-2101967 for further details.

PAYE DETAILS

Pay As You Earn (PAYE/TAX)

• Summary of PAYE, how it works, who’s responsible for what?
• Tax Credits, Standard Rate Cut Off Points and Tax Status.
• How can an individual end up owing tax?
• What can be done about it?
• Tax Forms (P2, P2C, P11, P12, Form 12A, P21, P45, P50, and P60)
• Records to kept by the individual (7 years!)
• Audits

Demonstration of Revenue Website. (PAYE Anytime)

• Step by Step guide and instruction on how to use the website and claim for a tax refund or for tax credits.
• Forms for completion
• Documentation required
• Process to follow

Tax Credits, Reliefs, Cut Off Points, and Expenses.

PRSI DETAILS

Pay Related Social Welfare (PRSI) Refunds

• PRSI Overview
• PRSI Classes
• Social Insurance & Health Levy
• Value and Rates

PRSI Refunds

• Details (how far back, who to contact, and forms required)
• Required forms and processes.
• Welfare Contact details
• Types of Refund (Health Levy & Social Insurance)
• Pension Refund (from Revenue)
• Age (>16,65< M,J,K)
• Secondary Employment
• Illness Benefit
• Health Levy Thresholds (€26000-€100,100)

INCOME LEVY DETAILS

Income Levy (2009 and Beyond)

• Refunds and employer responsibilities?
• Underpayment of the Income Levy
• Exempt Employee
• Age Allowance
• Why the refund may arise?
• What to do?
• Week 53

• Forms Required?

Payroll Audit & Consultancy

(Payroll Help and Support!)

Our Payroll Audit & Consultancy service is where you can avail of expertise and specialised payroll knowledge, and use it as your own in-house payroll support or payroll help desk. We can bring intricate detail and knowledge that may be required to any payroll related project. Where required all details and knowledge can be reference back to the exact piece of relevant legislation.

Our Audit Service will enable you to get a review of your payroll form the outside-in. We can audit your system for compliance with the Payroll Regulations, and suggest possible improvements and enhancements where and when required.

Our Consultancy Services will enable to you to utilise our experience and knowledge for any payroll related project you may have.

This service is can be useful for project management for implementation of…

• Payroll Software (Implementation of a new payroll software and ongoing payroll support and/or payroll help)
• Payroll Procedures (Setup and/or develop payroll procedure)
• Payroll Audit (Ensure compliance of payroll process and figures with legislation and regulations)
• Benefit In Kind (Ensure compliance of BIK Liability and figures with Revenue Regulations)
• Time and Attendance System (Incorporating T&A system with new or existing payroll).
• Human Resource System (Incorporating HR system with new or existing payroll).
• Accounts integration (Incorporating Accounts system with new or existing payroll).

For more details about what we can do for your, and to discuss your requirements please contact us on 01-2101967 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it