Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

NQT salary deductions

Options
  • 20-04-2019 1:50pm
    #1
    Olivia Pope
    Registered Users Posts: 171 ✭✭


    Hi,

    Can anyone tell me what salary deductions will be on my payslip once I start working as a primary teacher.

    These are the ones I can think of

    Paye income tax
    PRSI
    USC
    Pension deduction
    INTO sub (non compulsory)

    Are there any others?

    I know there are salary protection policies, but are there any other compulsory deductions?

    Thanks


Comments

  • Options
    #2
    Millem
    Registered Users Posts: 7,729 ✭✭✭Millem


    Olivia Pope wrote: »
    Hi,

    Can anyone tell me what salary deductions will be on my payslip once I start working as a primary teacher.

    These are the ones I can think of

    Paye income tax
    PRSI
    USC
    Pension deduction
    INTO sub (non compulsory)

    Are there any others?

    I know there are salary protection policies, but are there any other compulsory deductions?

    Thanks

    1.5% spouse and child deduction.


  • Options
    #3
    NSAman
    Registered Users Posts: 3,438 ✭✭✭NSAman


    5% Coppers deduction


  • Options
    #4
    judeboy101
    Banned (with Prison Access) Posts: 3,246 ✭✭✭judeboy101


    Millem wrote: »
    1.5% spouse and child deduction.

    Handy when you are an orphan and a life long bachelor and infertile.


  • Options
    #5
    Olivia Pope
    Registered Users Posts: 171 ✭✭Olivia Pope


    I’m a bit too mature for the Coppers deduction!!


  • Options
    #6
    Millem
    Registered Users Posts: 7,729 ✭✭✭Millem


    judeboy101 wrote: »
    Handy when you are an orphan and a life long bachelor and infertile.

    I read somewhere that it is all refunded if you die and you don’t have kids or a spouse.


  • Advertisement
  • Options
    #7
    judeboy101
    Banned (with Prison Access) Posts: 3,246 ✭✭✭judeboy101


    Millem wrote: »
    I read somewhere that it is all refunded if you die and you don’t have kids or a spouse.

    Refunded to who? The state If you've no next of kin.


  • Options
    #8
    Millem
    Registered Users Posts: 7,729 ✭✭✭Millem


    judeboy101 wrote: »
    Refunded to who? The state If you've no next of kin.

    From the asti website....


  • Options
    #9
    judeboy101
    Banned (with Prison Access) Posts: 3,246 ✭✭✭judeboy101


    Millem wrote: »
    From the asti website....

    So I get it back so long as I don't die, don't wed or have kids?bit unfair to those that do have spouses/kids and don't die


  • Options
    #10
    Millem
    Registered Users Posts: 7,729 ✭✭✭Millem


    judeboy101 wrote: »
    So I get it back so long as I don't die, don't wed or have kids?bit unfair to those that do have spouses/kids and don't die

    I presume it goes into your estate if you do die and you have no children or spouse.


  • Options
    #11
    judeboy101
    Banned (with Prison Access) Posts: 3,246 ✭✭✭judeboy101


    Millem wrote: »
    I presume it goes into your estate if you do die and you have no children or spouse.

    Bit crappy if you die intestate


  • Advertisement
  • Options
    #12
    r93kaey5p2izun
    Closed Accounts Posts: 3,962 ✭✭✭r93kaey5p2izun


    Don't forget the Additional Superannuation Contribution (ASC).


  • Options
    #13
    evolving_doors
    Closed Accounts Posts: 11,812 ✭✭✭✭evolving_doors


    I think the spouses and child contribution is a good thing.
    I know of a teacher with kids who's spouse died suddenly so it eased the burden of her mortgage and funeral expenses a bit (I presume!)

    So if you don't have kids/spouse you get it back
    ... and if you do, think of it as an insurance policy.

    I Don't know how much it is.

    I would like to know how 'the fund' is managed though... but presume it just goes into the general tax pot.


  • Options
    #14
    TheDriver
    Registered Users Posts: 12,517 ✭✭✭✭TheDriver


    I thought the "getting it back if u don't have kids/spouse" was gone if you started after a certain date?


  • Options
    #15
    Olivia Pope
    Registered Users Posts: 171 ✭✭Olivia Pope


    Thank you all. Is the pension made up of three contributions so, the main contribution, the 2% spouse and child contribution (seems to be 2% for new entrants? ) and the ASC which replaces PRD.


  • Options
    #16
    impega1
    Registered Users Posts: 107 ✭✭impega1


    Millem wrote: »
    From the asti website....

    Refund only applies to member of the original scheme (closed to new entrants since late 70's for men and early 80's for women) who never married and had no children at date of retirement. If person was to marry after date of retirement the scheme would not pay any benefits to any surviving spouse of children.

    For new members to the revised and now single scheme there is no refund at date of retirement. The scheme will pay benefits to any surviving spouses or children upon death of member, including marriages/births that occurred after retirement date of the member.

    Statutory deductions are PAYE,PRSI,USC, Single Pension Scheme Contributions, ASC (Pension Levy with new name - this is a pay cut in every sense as there is added benefit to paying this!). LPT will also be deducted if you own a property and have instructed Revenue to collect it from your salary.

    You will also need to keep your Teaching Council Registration current and valid.


  • Options
    #17
    afkasurfjunkie
    Registered Users Posts: 776 ✭✭✭afkasurfjunkie


    evolving_doors wrote: »
    I think the spouses and child contribution is a good thing.
    I know of a teacher with kids who's spouse died suddenly so it eased the burden of her mortgage and funeral expenses a bit (I presume!)

    So if you don't have kids/spouse you get it back
    ... and if you do, think of it as an insurance policy.

    I Don't know how much it is.

    I would like to know how 'the fund' is managed though... but presume it just goes into the general tax pot.

    Was her husband a teacher? I always thought it was a payment to the spouse if the teacher dies. So if something happens to me, my husband and children will receive something but I’ll never benefit financially from it.


  • Options
    #18
    evolving_doors
    Closed Accounts Posts: 11,812 ✭✭✭✭evolving_doors


    afkasurfjunkie wrote: »
    Was her husband a teacher? I always thought it was a payment to the spouse if the teacher dies. So if something happens to me, my husband and children will receive something but I’ll never benefit financially from it.

    I could be wrong there so I'm open to Correction. It's just what another colleague mentioned to me. Maybe it's cos the spouse was also a public servant.


Advertisement