You may be aware that from week ending 1 May 2009 there are three to five major changes in pay which may affect you.
- The Health levy is raised by 2% – the health levy does not appear as a separate deduction on your payslip – it is part of your PRSI contribution. So depending on whether you pay at Class A or D will determine your new rate.
- The 1% Levy has been raised to 2% – if you earn less than €15,028 in a given year then you are exempt from the levy. However, if you earn more than €15,028 then the levy applies to all of your income.
- Those who enjoy child benefit will also see that benefit reduced.
- Those with Mortgage Interest relief of over 7 years will see the ending of the TRS payment from their mortgage provider around May 2009.
- Those earning over €52,000 will pay increased PRSI in the final months of the year as the ceiling has been raised.
Get out on the streets on the 16th of May and show your opposition to these unjust measures.
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