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    Amended Tax Credit Certificate 2020 7243210862511

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    Aurimas Auris
    This document is an amended tax credit and universal social charge certificate for 2020 sent to Mr. Aurimas Pilikis. It details his tax credits of €3,335, tax rate bands up to €35,475 taxable at 20% and income over that amount taxable at 40%. It also lists his USC rate bands up to €12,012 taxable at 0.5%, income from €12,012 to €19,874 taxable at 2%, and income from €19,874 to €70,044 taxable at 4.5% with amounts over €70,044 taxable at 8%. Finally, it allocates his tax credits, tax rate bands, and USC rate bands to

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    Amended Tax Credit Certificate 2020 7243210862511

    Uploaded by

    Aurimas Auris
    68 views2 pages
    This document is an amended tax credit and universal social charge certificate for 2020 sent to Mr. Aurimas Pilikis. It details his tax credits of €3,335, tax rate bands up to €35,475 taxable at 20% and income over that amount taxable at 40%. It also lists his USC rate bands up to €12,012 taxable at 0.5%, income from €12,012 to €19,874 taxable at 2%, and income from €19,874 to €70,044 taxable at 4.5% with amounts over €70,044 taxable at 8%. Finally, it allocates his tax credits, tax rate bands, and USC rate bands to

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    This document is an amended tax credit and universal social charge certificate for 2020 sent to Mr. Aurimas Pilikis. It details his tax credits of €3,335, tax rate bands up to €35,475 taxable at 20% and income over that amount taxable at 40%. It also lists his USC rate bands up to €12,012 taxable at 0.5%, income from €12,012 to €19,874 taxable at 2%, and income from €19,874 to €70,044 taxable at 4.5% with amounts over €70,044 taxable at 8%. Finally, it allocates his tax credits, tax rate bands, and USC rate bands to

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    68 views2 pages

    Amended Tax Credit Certificate 2020 7243210862511

    Uploaded by

    Aurimas Auris
    This document is an amended tax credit and universal social charge certificate for 2020 sent to Mr. Aurimas Pilikis. It details his tax credits of €3,335, tax rate bands up to €35,475 taxable at 20% and income over that amount taxable at 40%. It also lists his USC rate bands up to €12,012 taxable at 0.5%, income from €12,012 to €19,874 taxable at 2%, and income from €19,874 to €70,044 taxable at 4.5% with amounts over €70,044 taxable at 8%. Finally, it allocates his tax credits, tax rate bands, and USC rate bands to

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    of 2

    In all correspondence please quote: Pat Murphy

    PPS No: 1246155M Personal Division


    PAYE Services
    P.O. Box 327
    Notice No: 72432108−62511P Cork
    ytcc V706.1 1 * R O S 20200211

    MR AURIMAS PILKIS
    82 GREENCASTLE ROAD
    BONNYBROOK
    DUBLIN 17
    DUBLIN 17

    Enquiries: 01 7383636

    11 February 2020

    Amended Tax Credit and Universal Social Charge Certificate − 2020*

    Please see details overleaf of your Tax Credits, Rate Bands and the Universal Social Charge (USC) for 2020.
    This Certificate is based on the most recent information available to Revenue. Claiming all the tax credits you
    are due ensures you receive your correct entitlements and pay the right amount of tax, so please check
    that the information overleaf is up to date and accurate. There is a 4−year time limit on claiming tax refunds,
    so it is important to claim your entitlements on time.

    The quickest and easiest way to manage your tax and claim your entitlements is through myAccount. You can
    access the service at www.revenue.ie/myaccount.

    PAYE Modernisation
    Since the start of 2019 your employer or pension provider reports your income and statutory deductions to
    Revenue each time you are paid. You can now use myAccount to view all your pay and deductions details as
    reported to Revenue and create a secure document summarising your income and deductions details.

    Employment Detail Summary (P60 replacement)


    Under PAYE Modernisation, employers and pension providers no longer provide a Form P60. Instead, from
    January 2020 you will be able to view, download or print an Employment Detail Summary for 2019 under 'Review
    your tax 2016−2019' in 'PAYE Services' on myAccount. This Summary will contain your income and deductions
    details for 2019, as reported to Revenue by your employer or pension provider. The information can be used in
    the same manner as the Form P60, for example, as proof of your income to a third party.

    * This is a notice of determination of (a) tax credits and standard rate cut−off point, and (b) rate cut−off
    points for USC.

    ££pdfname££ 7243210862511_1 gfdID−ENTITYdfg1246155MgfdID−ENTITYdfg


    TAX CREDIT AND UNIVERSAL SOCIAL CHARGE CERTIFICATE
    FOR THE PERIOD 1 JANUARY 2020 TO 31 DECEMBER 2020
    Tax Credits €
    Personal Tax Credit 1,650.00
    Employee Tax Credit 1,650.00
    Flat Rate Expenses 35.00
    Gross Tax Credits 3,335.00
    Net Tax Credits 3,335.00

    Tax Rate Bands €


    Rate Band 1 35,300.00

    This Rate Band is increased by:


    Flat Rate Expenses 175.00
    The amount of your income taxable at 20% 35,475.00

    All income over €35,475.00 is taxable at 40%

    USC Rate Bands €


    Rate Band 1 12,012.00
    The amount of your income chargeable at 0.5% 12,012.00

    Rate Band 2 7,862.00


    The amount of your income chargeable at 2% 7,862.00

    Rate Band 3 50,170.00


    The amount of your income chargeable at 4.5% 50,170.00

    All income over € 70,044.00 is chargeable at 8%

    Allocation of your Tax Credits and Rate Bands (Subject to Rounding)


    Tax Credits € Tax Rate Bands €
    Employer Rate
    Yearly Monthly Weekly Yearly Monthly Weekly
    Band
    BSG HOMES LIMITED 3,335.00 277.92 64.14 20% 35,475.00 2,956.25 682.22

    Allocation of your USC Rate Bands (Subject to Rounding)


    USC Rate Bands €
    Employer
    Rate Band Yearly Monthly Weekly
    BSG HOMES LIMITED
    Income chargeable at 0.5% 12,012.00 1,001.00 231.00
    Income chargeable at 2% 7,862.00 655.17 151.20
    Income chargeable at 4.5% 50,170.00 4,180.84 964.81

    Income over €70,044.00 in this employment is chargeable at 8%

    .
    gfdID−ENTITYdfg1246155MgfdID−ENTITYdfg

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