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Thread: Death & Taxes - Quick Question...

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    Politics.ie Member Malbekh's Avatar
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    Default Death & Taxes - Quick Question...

    No cheating here.

    If my employer wants to pay me 7500 net on commission due, how much will it cost him gross inclusive of employer PRSI. No prize other than a sick bucket.....which is what I felt I needed when I was told how much.....

    Blessed be the threadmakers.

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    Quote Originally Posted by Malbekh View Post
    No cheating here.

    If my employer wants to pay me 7500 net on commission due, how much will it cost him gross inclusive of employer PRSI. No prize other than a sick bucket.....which is what I felt I needed when I was told how much.....

    9k in cash, win, win,


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    Quote Originally Posted by Malbekh View Post
    No cheating here.

    If my employer wants to pay me €7500 net on commission due, how much will it cost him gross inclusive of employer PRSI. No prize other than a sick bucket.....which is what I felt I needed when I was told how much.....

    Just over double that - allowing for 41% tax, 7% USC and 4% PRSI!

  4. #4

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    about double that and employers prsi so around 16 k if your basic is on the top rate .F88king sick innit.
    Quote Originally Posted by Malbekh View Post
    No cheating here.

    If my employer wants to pay me €7500 net on commission due, how much will it cost him gross inclusive of employer PRSI. No prize other than a sick bucket.....which is what I felt I needed when I was told how much.....


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    Quote Originally Posted by Fractional Reserve View Post
    about double that and employers prsi so around 16 k if your basic is on the top rate .F88king sick innit.
    Sorry - forgot the employers PRSI.

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    Politics.ie Member Tin Foil Hat's Avatar
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    And they say people are not being taxed enough?

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    Politics.ie Member Malbekh's Avatar
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    So far, you're getting close, but no sick bucket
    Blessed be the threadmakers.

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    Politics.ie Member Tin Foil Hat's Avatar
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    Quote Originally Posted by Malbekh View Post
    So far, you're getting close, but no sick bucket
    About €17.6 - 17.9k - ish!

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    Politics.ie Member Malbekh's Avatar
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    Yep, €17,500 of which €1600 is employer PRSI

    What's the point of being successful - in a recession - and thinking you might be a position to pay some bills and maybe take a holiday (finally) and then get kicked in the stomach like this?

    There has to be another way
    Blessed be the threadmakers.

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    Politics.ie Member 'orebel's Avatar
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    Quote Originally Posted by Malbekh View Post
    So far, you're getting close, but no sick bucket
    More than 16k?
    Tell him to pay it in expenses.
    "It is important therefore that I clarify to the House that in the first instance there are significant monies within Anglo-Irish to take the strain of loan losses arising over the next three or four years, before State support is engaged." Brian Lenihan 15/01/09

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