Hi, I am automatically being charged USC of 1% on my generated payslip. But I am only paying myself €9600 p.a. so am not liable for any USC. Do you know how I can stop the charges happening? Thanks
Hi, I am automatically being charged USC of 1% on my generated payslip. But I am only paying myself €9600 p.a. so am not liable for any USC. Do you know how I can stop the charges happening? Thanks
Thanks Pete
You are only exempt from paying USC if Revenue tick the USC Exempt box in your tax credit certificate/P2C. If they don't, then you get charged USC on every single cent you earn, regardless of how much you get paid. If you are under the threshold, you must claim the USC you have paid during the year back at the end of the year. From what we've seen, Revenue mark very few people as USC exempt, so you'll need to claim the USC you've paid back from them.
Regards,
John.
Regards
Rory