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P21 Balancing Statement 2018 124615500017

1) Mr. Aurimas Pilikis received income from two employers in 2018 totaling €35,649.22. 2) His tax liability for 2018 is €8,566.19, which includes tax credits of €3,300. Tax deducted was €5,238.67, leaving an underpayment of €27.52. 3) His USC liability was calculated as €1,007.95 based on his income. With USC deducted of the same amount, his final result is balanced at €0.

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105 views2 pages

P21 Balancing Statement 2018 124615500017

1) Mr. Aurimas Pilikis received income from two employers in 2018 totaling €35,649.22. 2) His tax liability for 2018 is €8,566.19, which includes tax credits of €3,300. Tax deducted was €5,238.67, leaving an underpayment of €27.52. 3) His USC liability was calculated as €1,007.95 based on his income. With USC deducted of the same amount, his final result is balanced at €0.

Uploaded by

Aurimas Auris
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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££pdfname££ 0124615500017_1 gfdID−ENTITYdfg1246155MgfdID−ENTITYdfg

In all correspondence please quote: Pat Murphy


PPS No: 1246155M Personal Division
PAYE Services
Notice No: 01246155−00017L P.O. Box 327, PAYE Mail Centre
Churchfield, Co. Cork
yp21 V566 * R O S 18022020
Enquiries: 01 7383636
MR AURIMAS PILKIS
82 GREENCASTLE ROAD 18th Feb 2020
BONNYBROOK
DUBLIN 17
DUBLIN 17

Amended PAYE/USC STATEMENT OF LIABILITY FOR THE TAX YEAR 2018


PAYE Calculation €
Income (See Panel 1 overleaf for a breakdown) 35,649.22
Less: Deductions (See Panel 3 overleaf for a breakdown) 0.00

Taxable Income 35,649.22

€ €
Charged as follows 34,550.00 @ 20 % = 6,910.00
1,099.22 @ 40 % = 439.69

Tax Due: 7,349.69


Plus: Tax Retained by you (See Panel 5 overleaf for a breakdown) 0.00
Adjustments (See Panel 7B overleaf for a breakdown) 1,216.50
Gross Tax Payable 8,566.19
Less: Tax Credits (See Panel 4 overleaf for a breakdown) 3,300.00
Taxes Deducted (See Panel 2 overleaf for a breakdown) 5,238.67
Reliefs (See Panel 6 overleaf for a breakdown) 0.00
Adjustments (See Panel 7A overleaf for a breakdown) 0.00 8,538.67
PAYE Result: Underpayment 27.52

Income Chargeable to USC (see panels 9 and 10 overleaf for a breakdown)


€ € € €
SELF 12,012.00 @ 0.5% = 60.06
7,360.00 @ 2% = 147.20
16,277.22 @ 4.75% = 773.17

Less: USC Deducted: 1,007.95


USC Result: Overpayment 27.52

Final Result: Balanced 0.00

Treatment of Result

Notice
I, the above named Inspector, give notice that I have directed that this statement shall be treated in all respects as if it were an assessment
to tax raised on you.

What if you do not agree with the result on this PAYE/USC Statement of Liability?
If you do not agree that the result reflects your income or your claims for tax credits, allowances or reliefs for the tax year; you may contact
us through myAccount (using MyEnquiries) on www.revenue.ie or by using the phone number or address shown above. We will recheck
the result and, if appropriate, make any necessary change.

Appeal this Statement to the Tax Appeals Commission (an independent statutory body)
If you wish to appeal against this Statement, you must do so within the period of 30 days after the date of this Statement by completing and
submitting a Notice of Appeal form to the Tax Appeals Commission (TAC). The Notice of Appeal form, which is available on the TAC's
website www.taxappeals.ie contains the address to which an appeal is to be sent. You will be required to submit a copy of this Statement
with your Notice of Appeal.
gfdID−ENTITYdfg1246155MgfdID−ENTITYdfg
Explanation Panels for PAYE/USC Statement of Liability

Panel 1 Panel 2
Income from Employments, Pensions Tax Deducted €
and other sources Income €
SELF SELF
FITZPATRICKS & HANLEYS LTD 10,450.04 693.66
BSS SUBCONTRACTORS LIMITED 25,199.18 4,545.01

Combined Total 35,649.22 5,238.67

Panel 3 € € Panel 4 € €
Deductions SELF Tax Credits SELF

Personal Tax Cr 1,650.00


Employee Tax Cr 1,650.00

Combined Total Combined Total 3,300.00

Panel 5 € € Panel 6 € €
Tax Retained By You On SELF Reliefs SELF

Combined Total Combined Total

Panel 7A € Panel 7B € €
Adjustments SELF Adjustments SELF
Refunds Received 1,216.50

Combined Total Combined Total 1,216.50


Panel 7A decreases tax payable while Panel 7B will increase tax payable

Employments, Incomes and Panel 9 Panel 10


Reliefs chargeable to USC USC Income USC Deducted
SELF SELF
FITZPATRICKS & HANLEYS LTD 10,450.04 194.75
BSS SUBCONTRACTORS LIMITED 25,199.18 813.20

USC Total 35,649.22 1,007.95

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