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Taxed so heavily on Xmas OT/public holiday pay, is it worth it?

LegacyUser · 2020-01-13 11:34:38

Hi all. going anon for this. This is going to be confusing so I'm hoping somebody here is good at maths. Basically I was looking at my payslip and am pretty disgusted at how much I got taxed for working over the xmas period. It was extremely busy over the two week xmas period. I was asked to work the Saturday and Sunday…

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#32 24-01-2020 9:07pm
sdanseo

Registered Users Posts: 9,233 ✭✭✭

Join Date: August 2005

Posts: 8737

Fann Linn wrote: »

The most equitable tax system in the EU according to every media outlet yesterday.

Equitable by direct comparison with other tax regimes

UK has a fantastic NHS - saving potentially €1 to 3k a year or more in health insurance which is essentially a requirement here if you want to be seen with any speed.

There's that difference gone.

DaveyDave wrote: »

Sounds like people saying it's not worth it don't earn more than €35k...

It's exactly 20% of everything you earn over €35,300 less worth it.

Leo promised to increase the standard rate cutoff to €50k over several years, and then reneged on that promise. He previously promised to scrap USC and then didn't do that.

On my income which is slightly under halfway between the two USC alone would have saved me over a grand and tax close to two more. €3,000 a year is a lot of promise to break, and I dearly hope he gets hung out to dry at the election because of it.

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