Pay As You Earn (PAYE)
We can help you understand:
- How is the tax collected
- What is the PAYE credit
- How is PAYE calculated
PAYE or Pay As You Earn
PAYE - is an income tax which is deducted from the employee’s salary before receiving it.
It applies to the employee's income and is paid to the government.
Good to know staff: As an employee, you are paying 3 types of taxes.
From your wage are deducted 3 taxes:
- PAYE – the income tax on the turnover,
- PRSI (Paid Related Social Insurance) – the social insurance contribution,
- USC (Universal Social Charge).
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Corporation Tax
CORPORATION TAX - income tax for Limited companies (LTD), and everything connected with them.
Accounting company based in Dublin, Ireland.
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